Tuition and Aid

Tuition

Tuition for the class that is entering in August of 2008 is $89,000. This fee covers tuition, textbooks, basic supplies, specialized course software, as well as meals and lodging for overnight stays associated with the two University Park residence weeks, the alternating weekends at the ACE Conference Center, and the Global Immersion experience. Air travel for the Global Immersion is not included in this price. Students will also need to supply a laptop computer with spreadsheet and word processing software and a wireless internet connection.

Financial Aid

Among top Executive MBA programs nationwide, more than 60% of students cover some or all of the program costs on their own. Lack of or limited corporate financial support should not be a barrier to your enrollment in an Executive MBA program. Several student loan products are available to help cover the costs of the program.

All candidates are eligible for the federal Stafford Loan program which provides up to $20,500 in low-interest federal student loans per academic year. In addition, federal graduate PLUS loans can cover any remaining costs of the program. Low interest rates and flexible repayment timelines make these products an attractive option for those considering an Executive MBA. For more information on student loan options, please visit the Penn State student aid Web site. To learn more about financial aid options, please contact the Executive MBA Program office at 1-866-999-EMBA.

"I entered the program without the financial support from my firm, so ROI was very important. I had plans to launch my own business upon graduation, and much of my coursework was incorporated right into my business plan. The new business was launched successfully within three months of graduation. Paying for the Smeal Executive MBA on my own was an easy decision."

Barb Lyke, Vice President, Central Engineering, Sungard High Availability