Tuition & Financial Aid

We believe an MBA shouldn't cost a fortune. That's why we strive to offer an elite, high-touch program at an affordable rate. No wonder we're considered one of the most affordable one-year programs in the country.

MBA Tuition and Fees, 2024-2025

Regardless of residency status, all MBA candidates pay a single low rate, including international students. That means a single, affordable, flat-rate fee for everyone.

Term Cost
Fall Semester $13,600
Spring Semester $13,600
Summer I Term $4,800
TOTAL $32,000

*Based on 39 credit hours

Other expenses: In addition to books and living expenses, students should plan for approximately $3,500 in expenses associated with the international trip.

Each June, the College's Board of Trustees evaluates and may adjust the tuition and fees for the upcoming year. The most recent fee structure can be found here.

 

Financing Your MBA

We're committed to making graduate education affordable. Nearly all members of the incoming cohort receive some financial assistance through scholarships or financial aid.
  • Scholarships

    All applicants are automatically considered for scholarships when reviewed for admission. Qualified students who meet merit-aid requirements can be awarded funding through the department, school, or university.

    Other scholarships may be available for consideration after the student has been admitted. Applications are available through the Cougar Scholarship Awarding System (CSAS).

    Scholarship notifications are distributed in early March.

  • Test Score Enhancements (GMAT)

    Students who show a high competency in graduate management admission testing are guaranteed additional scholarship enhancements based on their official score report from GMAC.

    • GMAT Overall Score: 550-599, $1,000 scholarship enhancement
    • GMAT Overall Score: 600-649, $3,000 scholarship enhancement
    • GMAT Overall Score: 650+, $4,000 scholarship enhancement
  • Graduate Assistantships

    The MBA Graduate Assistant (GA) program offers a 10–15 hours per week position that serves the faculty and staff of the School of Business.

    A limited number of positions are awarded to students showing academic promise and leadership potential. A stipend of $7,000 over the course of the program is paid hourly for actual hours worked at a rate of $25 per hour.

    GA roles may include:

    • Grading undergraduate student coursework
    • Conducting graduate-level research
    • Administering/proctoring undergraduate exams
    • Carrying out administrative duties in various office environments
  • Financial Aid

    Federal Direct Student Loans

    The most common form of financial aid is the Direct Student Loan, made available by completing the Free Application for Federal Student Aid, also known as FAFSA.

    The FAFSA application is available each year on October 1.

    Federal Grad PLUS Loan

    The Federal Grad PLUS Loan is based on creditworthiness.

    Borrowers may borrow up to the cost of education less any other financial aid awarded. Under current law, the fixed interest rate charged on Graduate PLUS is set each year by the Department of Education at the beginning of July. There are also small origination and guarantee fees associated with each loan. These fees are deducted upfront and thus lower the actual amount of each disbursement. Federal regulations require loan proceeds to be disbursed in two equal amounts. Proceeds are applied directly to your tuition account.

    First-time borrowers are required to complete student loan entrance counseling and a Master Promissory Note, which are available at studentaid.gov.

    More information can be found on the Office of Financial Aid and Veterans Affairs website.

    Applying for a Grad PLUS Loan

    1. Refer to the Graduate PLUS loan amount offered in your MyPortal account for the maximum PLUS loan amount you may apply for.
    2. Graduate PLUS borrower logs into studentaid.gov.
    3. Select I'm in School.
    4. Select Apply for PLUS Loan for Graduate School.
    5. Click Start.
    6. Follow prompts.
      1. Page 1: Enter loan information.
      2. Page 2: Enter borrower information.
      3. Page 3: Review data entered. Next, verify the information that has been entered and correct any information that was entered incorrectly.
      4. Page 4: Credit check and submit. Federal Direct PLUS awards are based on credit. To qualify for the loan, the PLUS borrower must first pass a credit check. The credit check will end in approval or denial.
    7. Begin the Master Promissory Note process. Read the information provided upon completion of a successful credit check. Click your student name to begin the promissory note.
    8. Complete the MPN. Enter the required information then read and agree to the terms and conditions of the loan.
    9. Review and sign the MPN. Review the information provided, complete the signature boxes and click Sign.

    Eligibility

    To be eligible for a Grad PLUS Loan, students must:

    • Be a U.S. citizen or eligible non-citizen
    • Be enrolled in a graduate or professional program
    • File a Free Application for Federal Aid (FAFSA) for the intended year
    • Not be in default on any type of student loan
    • Not owe a repayment on a student grant
    • Pass a credit check
  • Veterans Benefits

    Learn more about what benefits you may be eligible on our Military and Veteran Services website.