Tuition & Scholarships

//Tuition & Scholarships
Tuition & Scholarships2021-01-19T11:49:44-07:00
Tuition
Employer Support
Scholarships
Financial Aid

Tuition

The MBA Online program has a fixed tuition rate for both residents and non-residents. Our program on average costs 35% less than other Princeton Review top 10 online MBA programs in the U.S.*

Tuition Update

As the COVID-19 pandemic has affected everyone and impacted your future decisions, the University of Utah is suspending all scheduled tuition increases this spring. Tuition for those entering the MBA Online program in Fall 2021 will be locked at the prior rate of $1,250 per credit or $60,000 for the entirety of the program.

For students beginning in Spring (January) 2021, tuition for our program is $29,400 per year (2-year program).

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

For students beginning in Summer (May) 2021, tuition for our program is $29,400 per year (2-year program).

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

For students beginning in Fall (August) 2021 or after, tuition for our program is $30,000 per year (2-year program).

  • Credit hour rate: $1,250
  • Total credits: 48
  • Total tuition and fees: $60,000

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. Students have up to four years to complete their program by taking fewer credit hours per semester. 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.

*Source: The Princeton Review, 2020 Top 25 Online MBA Programs Rankings.

Calculate Your Potential ROI

Did you know that students receive an average salary increase of 34% by graduation? Every student’s MBA outcomes are different, but we created an ROI calculator based on factors like current salary and financing to give you an idea of what financial benefits you might expect from our MBA.

Fill out the form below to gain access to our MBA Online ROI Calculator.



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 they need to lead, while supporting organizations see immediate impact as their employees apply cutting-edge research and draw on the expertise of faculty and professionals from a variety of industries. The supporting organizations/employers see immediate practical impact through the application of cutting-edge research and input from 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.

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

Download: Gaining Employer Support for your Part-time MBA

Discover how supporting employees during their MBA will bring real lasting benefits to your organization.

Download: the Value of an MBA Online for Employers

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

Download: Gaining Employer Support for your Part-time MBA

Discover how supporting employees during their MBA will bring real lasting benefits to your organization.

Download: the Value of an MBA Online for Employers

Scholarships

The following scholarships are available to newly admitted MBA Online students. In order to qualify, candidates must submit an application and be admitted to the MBA Online program. Students are not eligible to apply for admissions scholarships after they have started the 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.

$1,000 – $6,000

This scholarship is designed for newly admitted MBA Online 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. Note: A GMAT/GRE score is required to be considered for this scholarship.

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

$1,000 – $6,000

This scholarship is designed for newly admitted MBA Online students who have contributed to the advancement of underrepresented populations.

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 as they consider continued business education.

$1,000 – $6,000

This 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 professional achievement, personal mentorship, or community involvement.

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

$1,000 – $6,000

This scholarship is for MBA candidates who have demonstrated exceptional leadership in the public sector or within non-profit organizations and have impacted their community in a positive way.

Essay prompt: Describe your contributions to the public sector, non-profit based organizations, and the community. How will your experience add value to your peers, classroom, and the Eccles School of Business community?

$3,000

This scholarship is designed for newly admitted MBA students who have previously earned a University of Utah degree and will be living outside of the state of Utah while pursuing their degree.

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

$1,000 – $6,000

This scholarship is designed for newly admitted MBA Online 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 the qualifications and attributes that will set you apart in the MBA program. Specifically identify any special academic or professional accomplishments.

$1,000 – $6,000

This scholarship is designed for newly admitted MBA Online students who have contributed to the advancement of underrepresented populations.

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 as they consider continued business education.

$1,000 – $6,000

This 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 professional achievement, personal mentorship, or community involvement.

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

$1,000 – $6,000

This scholarship is for MBA candidates who have demonstrated exceptional leadership in the public sector or within non-profit organizations and have impacted their community in a positive way.

Essay prompt: Describe your contributions to the public sector, non-profit based organizations, and the community. How will your experience add value to your peers, classroom, and the Eccles School of Business community?

$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 University of Utah and the David Eccles School of Business. Specifically identify the qualifications and attributes that set you apart from other alumni of the University.

Additional Scholarships

Those hoping to participate in the Lassonde Entrepreneur Institute while enrolled in the program may be eligible for additional scholarships. For example, MBAO students can receive elective academic credit and a scholarship for participation in the New Venture Development Center. Visit Lassonde Entrepreneur Institute for more details.

The University of Utah may offer additional scholarships or financial aid. Research your options here.

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. Here are some other resources to consider:

Those hoping to participate in the Lassonde Entrepreneur Institute while enrolled in the program may be eligible for additional scholarships. For example, MBAO students can receive elective academic credit and a scholarship for participation in the New Venture Development Center. Visit Lassonde Entrepreneur Institute for more details.

The University of Utah may offer additional scholarships or financial aid. Research your options here.

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. Here are some other resources to consider:

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 University of Utah 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 its veterans and active military students. We are determined to ensure the success of student veterans and offer many resources to determine what funding is available for your service.

The University of Utah’s Veteran Support Center specializes in veteran affairs and acts as a resource for helping you understand and enroll in your qualified tuition benefits. For additional information, contact the center at 801-587-7722 or VetCenter@SA.Utah.edu.

The University of Utah is also a partner of Military MBA, which offers a variety of scholarships.

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 University of Utah 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 its veterans and active military students. We are determined to ensure the success of student veterans and offer many resources to determine what funding is available for your service.

The University of Utah’s Veteran Support Center specializes in veteran affairs and acts as a resource for helping you understand and enroll in your qualified tuition benefits. For additional information, contact the center at 801-587-7722 or VetCenter@SA.Utah.edu.

The University of Utah is also a partner of Military MBA, which offers a variety of scholarships.

Request Application Fee Waiver

Through these uncertain times brought on by COVID-19, our thoughts immediately turn to our prospective students. The University of Utah MBA Online team cares about you and all those in your life feeling the impacts of this novel time of history.

To show our support, we are offering an $55 application fee waiver that may be used to apply for 2021. Fill out the form to receive your waiver.