Tuition & Scholarships

/Tuition & Scholarships
Tuition & Scholarships2021-10-19T16:59:51+00:00

GMAT/GRE Waiver
Now Available

GMAT/GRE Waiver Now Available

Apply For Waiver

Utah’s Professional MBA program is currently offering a GMAT /GRE waiver. Fill out our request form to see if you qualify!

Tuition

The Professional MBA program has a fixed tuition rate for both residents and non-residents. Our program costs an average of 27% less than other U.S. News & World Report top-25 part-time MBA programs at public institutions.*

For students beginning in 2022, tuition for the entire 2-year program is $62,400.

This fixed tuition rate includes all tuition and fees, Career Advancement Center, student and alumni networking events, access to our state-of-the-art business building on the University of Utah campus with a student lounge and breakout study rooms, printing, and library databases.

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, depending upon the number of credit hours taken. The current rate is $1300 per credit hour.

*Source: U.S. News & World Report, Top Business Schools Rankings: Part-time MBA programs.

30%

average salary increase by graduation

63%

students promoted while in the program

Calculate Your Potential ROI

Want to get an idea of the financial ROI you could experience from earning an MBA? Access our new part-time MBA ROI calculator, plug in your salary and financing details, and see what your projected return on education could be. Every student’s MBA outcomes are different, but we hope this gives you an idea of the potential impact this degree could have on your career and lifetime earnings.

Access Calculator

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 an 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 the immediate practical impact by applying 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 a Professional MBA for Employers

If you are a University of Utah employee, please contact our office to discuss tuition at PMBA@Utah.edu or 801-581-6836.

Scholarships

Admissions Scholarships

Admissions scholarships are available to newly admitted Professional MBA students. Scholarship applications must be submitted by the final application deadline of the respective intakes to be considered. Students are not eligible for admissions scholarships after they have started the program.

Candidates can only be awarded a maximum of one scholarship. The exception to this rule is the Automatic Early Admit Scholarship, which can be awarded in addition to one other scholarship.

Admissions scholarships are limited to funding available and awarded on a first-come, first-serve basis. Some scholarships may factor in elements of your application, including: your admission interview, essay, professional experience, GPA, and GMAT or GRE score.

Potential Award:
$0 – $7,500

Description:
This scholarship will be automatically awarded to newly admitted Professional MBA students who submit a strong GMAT or GRE score within the tiers outlined below:

GMAT GRE Amount:
510 – 570 300 – 304 $1,500
580 – 600 305 – 309 $3,000
610 – 640 310 – 314 $4,500
650+ 315+ $7,500

Scholarships of $3000, $4500, and $7500 will be disbursed throughout six semesters. These scholarships are only available for spring and fall 2022 enrollment. An official GMAT or GRE score (taken within the last five years) must be submitted to qualify.

Note: Scholarship amounts may be adjusted for applicants who plan to complete less than 48 credits within the MBA program.

How to Apply:
Candidates who submit GMAT or GRE scores (taken within the last five years) as part of their application are automatically considered; no separate application is required.

Potential Award:
$3,000

Description:
This scholarship is designed for newly admitted MBA students who have previously earned one of the following David Eccles School of Business graduate degrees: MAcc, MSF, MSBA, MSIS, or MRED.

How to Apply:
Candidates who have previously earned a MAcc, MSF, MSBA, MSIS, or MRED from the David Eccles School of Business are automatically considered; no separate application is required.

Potential Award:
$0 – $4,000

Description:
This scholarship acknowledges the efforts of applicants who have contributed to the advancement of underrepresented populations.

How to Apply:
To apply for this scholarship, please write a one-page essay using the prompt below. The essay should address the prompt and highlight attributes that you feel set you apart from other candidates. Scholarship applications should be sent to PMBA@Utah.edu. Please indicate the scholarship you are applying for and include your completed essay.

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 on the importance of sound business education.

Potential Award:
$0 – $4,000

This scholarship aims to increase the number of women in MBA programs by rewarding applicants who have shown exceptional contributions to the empowerment of women in business through professional achievement, personal mentorship, or community involvement. This scholarship is open to students of any gender identity who empower women in business.

How to Apply:
To apply for this scholarship, please write a one-page essay using the prompt below. The essay should address the prompt and highlight attributes that you feel set you apart from other candidates. Scholarship applications should be sent to PMBA@Utah.edu. Please indicate the scholarship you are applying for and include your completed essay.

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. Describe how you will leverage your experience to bring a diverse perspective to classroom discussions and influence women as they consider continued business education.

Potential Award:
$0 – $4,000

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

How to Apply:
To apply for this scholarship, please write a one-page essay using the prompt below. The essay should address the prompt and highlight attributes that you feel set you apart from other candidates. Scholarship applications should be sent to PMBA@Utah.edu. Please indicate the scholarship you are applying for and include your completed essay.

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?

Additional Scholarships

The following scholarship opportunities are not offered directly by our program, but they may be an excellent option to fund your education.

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

Student Loans

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

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.

Military Funding

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

The University of Utah Professional MBA team cares about you and understands that the application fee can be a barrier to entry for some students. To show our support, we are offering a $55 application fee waiver that may be used to apply for 2022. Fill out the form to receive your waiver.