Tuition & Fees

Full-Time MBA

To help with financial planning, below are the tuition and fees school year 2008-2009. Tuition and fees subject to change.

The tuition charge covers instructional costs and follows a flat rate structure for students admitted to the full-time MBA program at College Park. The flat rate tuition is a single tuition charge for a full-time student taking between 9-15 credits of Business School courses (400-level and above). Courses not taken at the business school are charged regular university or specific program rates and will not be included under the flat rate. In addition, if less than 9 credits are taken, per credit charges apply for all courses taken. Credits in excess of 15 are not included in the flat rate structure and are charged at the per credit rate for business school classes.

Full-time MBA/MS students who wish to study during the summer sessions should be aware that educational expenses range between $2,500 and $6,000.

Part-Time MBA

Students in the Part Time Evening Program in Baltimore, Shady Grove, and Washington, DC will take 7 credit hours during the first semester.  Students in the Part Time Weekend program in Washington, DC will take 6 credit hours during the first semester.  Students in the Accelerated Part Time Program in Baltimore and Shady Grove will take 10 credit hours during the first semester.

To help with financial planning, below are the tuition and fees school year 2008-2009. Tuition and fees subject to change.

All tuition and fees are charged on a per credit basis, but please be advised that the Technology fee is assessed at a flat rate ($28.75 for up to 8 credits and $57.50 for 9-17 credits). The MBA Association fee is assessed at a flat rate. All Evening and Weekend students pay the above tuition rate (In- State) as long as they take courses at the Baltimore, Shady Grove, or Washington, D.C. campuses. A non-refundable deposit is required within 30 days of the Admissions Committee's offer of admission to secure a place in the class. Estimated expenses for textbooks and software for Academic Year 2008-2009 is $1,900.

Tuition Payment Methods

For your convenience, you may make payments by mail, in-person, online or over the phone. Payments can be made with Visa, MasterCard, and Discover credit cards. Personal checks are also accepted. All checks and money orders must be in US dollars drawn on a US bank.

TERP Payment Plan

The best way to avoid lump-sum payments and cover the gap between financial aid and the cost of education without resorting to additional borrowing from alternative sources is to enroll in the interest-free TERP Payment Plan.

By enrolling in this plan, you can spread your payments over either eight or ten months. The annual enrollment fee is $45 for the ten-month plan or $75 for the eight-month plan. You can include most university charges: tuition, fees, and parking permits. You can also arrange to have your monthly payments debited directly from your checking or savings account.

In-State Classification

Applicants are granted in-state status if they have been domiciled in Maryland for at least 12 months prior to the last day of registration for the forthcoming semester, and have been financially independent for the previous 12 months. For a complete list of residency requirements, please contact the Residency Classification Office.