Executive MBA tuition for January 2015 is $114,500. Tuition includes a $2,000 nonrefundable deposit. Tuition is all-inclusive and covers all courses, books and required materials, student and administrative fees, parking, accommodations, and breakfast, lunch and an afternoon snack. There is no differentiation between in-state and out-of-state tuition. Executive MBA scholarships are available.
Tuition Schedule and Payment
Executive MBA tuition is charged in three installments. The $2,000 nonrefundable deposit is deducted from the first tuition bill of the program. Tuition bills are due in January, August, and January during the program.
Approximately one third of our EMBA students receive full or partial tuition assistance from their employers. Others are either self-funded or seek scholarship or financial aid assistance.
Financial aid assistance is available through the University of Maryland Office of Financial Aid. EMBA students are eligible to borrow up to $20,500 in federally subsidized and unsubsidized Stafford loans each academic year. Grad Plus loans are also available from private lenders allowing eligible students to borrow up to the amount needed to cover the entire program costs.
Merit Based Awards
The Smith School of Business awards scholarships based on scholastic merit, evidence of leadership, and work experience. All applicants to the EMBA whose applications are complete by June 3, 2013 receive priority consideration.