Tuition & Scholarships

/Tuition & Scholarships
Tuition & Scholarships2021-01-19T11:48:58+00:00
Tuition
Employer Support
Scholarships
Financial Aid

Tuition

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

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 PMBA program in spring 2021 will be locked at the prior rate of $1,225 per credit or $58,800 for the entirety of the program.

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

The 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.

*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

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 a Professional MBA 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 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

The following scholarships are available to newly admitted Professional MBA students. In order to qualify, candidates must submit an application and be admitted to the PMBA 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 PMBA@Utah.edu. Please indicate the scholarship you are applying for and include the appropriate essay.

$500 – $6,000

This scholarship is designed for newly admitted Professional 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. 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.

$500 – $6,000

This scholarship is designed for newly admitted Professional MBA 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.

$500 – $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.

$500 – $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?

$500 – $6,000

This scholarship is designed for newly admitted Professional 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. 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.

$500 – $6,000

This scholarship is designed for newly admitted Professional MBA 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.

$500 – $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.

$500 – $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?

Additional Scholarships

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.

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, 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.

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.

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.

The Professional MBA 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.

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.

The Professional MBA 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 Professional MBA 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 a $55 application fee waiver that may be used to apply for fall 2021. Fill out the form to receive your waiver.