The total cost for students to complete the Professional MBA program beginning in Fall 2017 and graduating at the end of Summer 2019 is set at $1,225 per credit hour (48 credits = $58,800 for the program). 

Tuition includes the following:

  • All tuition and fees
  • Career Advancement Center
  • Networking events
  • Printing
  • Use of computing facilities and library databases
  • Laptop bag

Students who complete the program within 24 months and maintain the prescribed number of credit hours per semester are locked into their tuition rate. Tuition may vary for those who take fewer than the prescribed number of credit hours. Tuition is paid on a semester-by-semester basis, based upon the number of credit hours taken.

Upon notification of acceptance to the Professional MBA program, a non-refundable deposit of $885 is required to indicate your intent to register. This $885 will reserve your seat in the entering class, and $700 of the deposit will be applied toward the first semester’s tuition and fees. Information about the deposit and payment due date will be included with the acceptance letter. The seat deposit is paid electronically when an admitted student submits the enrollment form.

Incoming students are required to purchase a laptop that meets the program’s laptop specifications. Details will be provided to admitted students upon acceptance.

Funding Options

Here are a few different ways to pay for tuition.


The PMBA program offers a limited number of need/merit-based scholarships.  These scholarships are awarded to candidates based on the overall applicant profile, GMAT scores, prior academic achievement, and how the student will contribute to the PMBA program experience.

To apply for the scholarship, please submit the online admissions application.  In addition to the online application, please write a one-page essay outlining your qualifications described above to with the subject line: PMBA Scholarship.  Feel free to highlight any special academic or professional accomplishments.

A need/merit-based scholarship may cover up to 10% of the tuition costs.

Those hoping to participate in the Lassonde Entrepreneur Institute while enrolled in the program may be eligible for additional scholarships. For example, PMBA students can receive elective academic credit and a scholarship for participation in the New Venture Development Center. Visit Lassonde Entrepreneur Institute for more details.
Third party scholarships may also be available. Be cautious when using third party searches and always check each provider’s reputation by contacting the Better Business Bureau or the office of the state attorney general. is also a good consumer guide for review before selecting a private loan. Here are some other resources to consider:

College Answer
Scholarship Monkey
Other Resources & Online Scholarships

Financial Aid

There are many student loan programs available to help finance graduate education, including:

Federal Stafford Unsubsidized Loan
Graduate PLUS Loan
Private Education Loan

Each loan has different specifications, so please contact the Financial Aid department at 801-581-6211 or via email at  to see what you qualify for and which loan would be the best fit for you.  

Begin applying for federal assistance by completing the Free Application for Federal Student Aid (FAFSA) form.

The Professional MBA Program fully supports veterans and active military students. We are determined to ensure the success of student veterans and do our part in educating you as to what funding is available for your service. The following are the financial options available for veterans and active military students:

GI Bills and Yellow Ribbon Program
Tuition Assistance
Purple Heart Waiver

The University of Utah has organized a Veteran Support Center that specializes in veteran affairs. This center is a great resource to better understand and enroll in your qualified tuition benefits. For additional information contact Veteran Services at 801-587-7722. You may also visit the U.S. Department of Veterans Affairs.

If you are accepted into the Professional MBA program, you can make an appointment with a University of Utah financial aid counselor by calling (801) 581-6211. When setting up an appointment, it is very important to specify that you are a Professional MBA student. Also, let them know if there will be any outside sources paying for your tuition (i.e. if your company will be helping you financially). Counselors will discuss all of your options and answer any questions you may have. Visit the Financial Aid Office’s website for more information.

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Have questions?  We’d love to answer them.