The Robert H. Smith School of Business has not increased tuition for any of our graduate programs for the past three years; this is uncommon among most academic institutions. For the Fall of 2014, we do anticipate the need to raise tuition at both the in-state and out-of-state rates. Once approved by the University of Maryland Board of Regents, we will publish the new rates accordingly.
Students in the Part Time Evening Program in Baltimore, Shady Grove, and Washington, DC will take 8 credit hours during the first semester. Students in the Part Time Weekend program in Washington, DC will take 8 credit hours during the first semester.
To help with financial planning, below are the tuition and fees school year 2012-13. Tuition and fees subject to change.
|Evening & Weekend MBA|
|Credits per semester||8|
Evening, Weekend & MS students are charged on a per credit basis. Any student coded as a non-resident will pay the out-of-state tuition rate for courses taken at College Park. Study trips, study abroad and external agreements (Consortium, Inter-Institutional, etc.) classes are charged tuition based on the student’s residency classification. Students enrolled in College Park courses, study trips, study abroad and external agreements (Consortium, Inter-Institutional, etc.) will pay applicable College Park fees. Three semesters per year. Credits may vary per semester.
Tuition: Based on $1425 per credit
Fees: includes $45 PTMBA Association Fee, and $66 tech fee for 8 or less credits per semester or $132 for 9 or more credits per semester.
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 $50 for the ten-month plan or $80 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.
Students enrolled in the Part-Time MBA program pay the equivalent of the instate tuition rate for all classes taken at the Washington D.C., Baltimore or Shady Grove campuses. Study trips, study abroad and external agreements (Consortium, Inter-Institutional, etc.) classes are charged tuition based on the student’s residency 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.