oPotential applicants may find the following information at www.minneapolisbusinesscollege.edu/catalog.pdf: institutional and programmatic accreditation status; contact information for accrediting agencies; admissions policies and practices, including any technical standards; policies on advanced placement, transfer of credits, and credits for experiential learning; number of credits required for completion of the program; tuition/fees and other costs required to complete the program; policies and processes for withdrawal and for refunds of tuition/fees; and consumer information.
o The Medical Assisting program is currently accredited by the Commission on Accreditation of Allied Health Education Programs (www.caahep.org) upon the recommendation of the Medical Assisting Education Review Board (MAERB). Graduates of the Medical Assisting program are eligible to take the Certified Medical Assistant (CMA) exam that is offered by the American Association of Medical Assistants and the Registered Medical Assistant (RMA) examination offered by American Medical Technologists (AMT). Registration and certification requirements for taking and passing these examinations are controlled by outside agencies and subject to change without notice. Therefore, the institution cannot guarantee that graduates will be eligible to take the certification or registration exams at all or at any specific time, regardless of their eligibility status upon enrollment.
o The Classification of Instructional Programs (CIP) taxonomic coding scheme was developed in 1980 by the National Center for Education Statistics to facilitate the organization, collection, and reporting of fields of study and program completions. The CIP titles and program descriptions are intended to be generic categories into which program completions data can be placed, not exact duplicates of a specific major or field of study titles used by individual institutions. This institution’s programs generally are intended to provide training for occupations associated with multiple CIP codes and each program’s graduates generally occupy a wide variety of positions both following graduation and within a few years. However, the institution is required to choose one CIP code and believes that a code of 51.0801 is the best representation of expected occupations. The institution is required to list the following occupations (by name and Standard Occupational Classification—or SOC—code) that the O*NET crosswalk identifies as a representative sample of identified occupations for completers of a program with a CIP code of 51.0801.
31-9092.00 Medical Assistants
31-9093.00 Medical Equipment Preparers
31-9093.01 Endoscopy Technicians
31-9099.01 Speech-Language Pathology Assistants
The institution notes that, due to the nature of CIP codes and SOC codes, this list of representative occupations may be expected to comprise a subset of actual graduates’ occupations; further, graduates may or may not work in each of these listed occupations.
o The on-time graduation rates as defined by the U.S. Department of Education for students who completed the programs between July 1, 2011 and June 30, 2012 are 100% for the diploma program and 100% for the degree program. The definition is the percentage of graduates that completed the program within the normal timeframe.
o The placement rates as of October 31, 2012 for graduates between July 1, 2011 and June 30, 2012 and as reported to ACICS were 83% for the diploma program and 89% for the degree program. More graduates may have been placed subsequently, as may be shown elsewhere on this site.
o Tuition and fees charged for completing the program within the normal time for students who start the programs between January 1, 2013 and December 31, 2013 are $19,100 for the diploma program and $30,080 for the degree program. (Note that financial aid is available for those who qualify and the net price paid may be materially less; please visit www.minneapolisbusinesscollege.edu/aid.)
o The typical costs for books and supplies for completing the program within the normal time for students who start the programs between January 1, 2013 and December 31, 2013 are expected—as of the fall of 2012—to be approximately $1,195 for the diploma program and $2,075 for the degree program.
o The total charges for school-sponsored housing for completing the program within the normal time for students who start the programs between January 1, 2013 and December 31, 2013 are $8,575 for the diploma program and $13,720 for the degree program.
o For degree program graduates between July 1, 2011 and June 30, 2012 , median federal loan debt was $12,000, median private loan debt was zero, and median institutional loan debt was zero. For diploma program graduates between July 1, 2011 and June 30, 2012 , median federal loan debt was $7,397, median private loan debt was zero, and median institutional loan debt was zero.