Tuition and Scholarships

//Tuition and Scholarships
Tuition and Scholarships2019-04-23T12:05:12+00:00
Tuition
Employer Support
Scholarships
Financial Aid

Tuition

The MBA Online program has a fixed tuition rate for both residents and non-residents.

  • Credit hour rate: $1,225
  • Total credits: 48
  • Total tuition and fees: $58,800

This fixed rate applies to students who complete the program within 24 months and maintain the prescribed number of credit hours per semester set by the MBA Online program office. Tuition may vary for those who take fewer than the prescribed number of credit hours.

Tuition is paid for on a semester-by-semester basis, based upon the number of credit hours taken, and includes all room and board for the three-day on-campus residency.  Students are responsible for their travel costs to Salt Lake City.

Upon notification of acceptance to the MBA Online program, you will be required to pay a non-refundable seat deposit of $885 to save your place in the program.  Of that deposit, $700 will be applied toward your first semester of tuition.

Funding Options

Employer Support

A University of Utah MBA is an investment with tangible returns for both the students earning the degree, and the employers supporting them. Individuals gain the skills and development they need to lead, and the supporting organizations see immediate practical impact through the application of cutting-edge research and input from a team of world class business faculty and an experienced cross-sector cohort of professionals.

Whether you are a prospective MBA student, or an employer seeking professional development for your team, the guides below will walk you through the commitments and resulting benefits of the program.

For Employees

Learn to prepare your case to your employer and be able to articulate the professional and organizational benefits, the details of the program, and the support you will need.

Download: Gaining Employer Support for your Part-time MBA

For Employers

Discover how supporting employees during their MBA will bring real and long-lasting benefit to your organization.

Download: The Value of an MBA Online for Employers

Scholarships

The following scholarships are available to newly admitted Professional MBA or MBA Online students. In order to qualify, candidates must submit an application and be admitted to the MBA program. Candidates should select the scholarship that best represents what they offer to the MBA program. Candidates may apply for no more than one scholarship, so please be sure to select the one that best fits you as a candidate. Each scholarship requires a one page essay. The essay should address the prompt for the given scholarship. Additionally, you should highlight attributes that you feel set you apart from other candidates (academic excellence, leadership, service, talent, etc.). Scholarships are limited to funding available.

To apply, send an email to MBAOnline@Utah.edu. Please indicate the scholarship you are applying for and include the appropriate essay.

$3,000 – $6,000

This scholarship is designed for newly admitted MBA students who demonstrate strong academics based on the overall applicant profile, GMAT/GRE scores, prior academic achievement, and how the student will contribute to the MBA program experience.

Essay prompt: Share with the Committee your qualifications and attributes that set you apart in the MBA program. Specifically identify any special academic or professional accomplishments.

$3,000

This scholarship is designed for all newly admitted MBA students who have previously earned a University of Utah degree.

Essay Prompt: Share with the committee why you have decided to pursue your graduate degree at the U and the David Eccles School of Business. Specifically identify what makes qualifications and attributes set you apart from other alumni of the University.

$3,000 – $10,000

To acknowledge the efforts of students who have contributed to the advancement of underrepresented populations, the Diversity and Inclusion Scholarship is available newly admitted MBA students.

Essay Prompt: Describe how you have supported the academic, personal or professional advancement of underrepresented minorities. Describe how you will leverage your experience to bring a diverse perspective to classroom discussions and influence other members of underrepresented populations of the importance of a sound business education.

$3,000 – $10,000

The Advancing Women in Business scholarship aims to increase the number of women in MBA programs by rewarding applicants who have shown exceptional contribution to the empowerment of women in business through personal mentorship or community involvement.

Essay question: Describe how you have supported the academic, personal or professional advancement of women. Share an example of your commitment and/or leadership on issues affecting women in business and describe how you will leverage your experience to bring a diverse perspective to classroom discussions and influence women of the importance of a sound business education.

$3,000 – $10,000

The Eccles School of Business community impact scholarship is available to exceptional MBA candidates who have demonstrated both leadership experience in the public sector or with non-profit organizations and have impacted their community in a positive manner.

Essay question: Describe your past contributions to a community or non-profit based organization. How will your experience add value to your peers, classroom, and the Eccles School of Business community?

Additional Scholarships

Those hoping to participate in the Lassonde Entrepreneur Institute while enrolled in the program may be eligible for additional scholarships. For example, MBA Online 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. eStudentLoan.com is also a good consumer guide for review before selecting a private loan. Here are some other resources to consider:

FastWeb
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 financialaid@sa.utah.edu  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 MBA Online 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
Scholarships
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 MBA Online 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 an MBA Online 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.

Request More Information

Have questions?  We’d love to answer them.