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Tuition & Financing

Tuition

Tuition and fees for the cohort beginning Fall 2009 have not been approved by the Board of Trustees but are expected to be $86,500 ($80,000 in tuition and $6,500 in fees). This total cost includes meals, lodging, course materials, books, campus fees, a laptop computer, and most costs for the international trip. A non-refundable deposit of $2,000 is required after acceptance into the Program to reserve your seat. Upon enrollment, this deposit will be applied toward your first tuition payment. Tuition can be paid in five installments, but we can flexible to maximize the benefits that you may have from your employer.

Financing

Many Executive MBA students finance the cost of their MBA degree typically from one of the following sources: company sponsorships, loans from the Federal Student Aid Program, grants for Illinois veterans and relatives, and private loans.

  • Federal student loans are available to citizens and permanent residents of the United States. The FAFSA loan (Free Application for Federal Student Aid) provides funding of an annual amount of up to $18,500. The FAFSA application can be completed on-line.
  • Illinois Veteran Grant is for individuals who are veterans. Your local Department of Veterans Office is an excellent source of information regarding veterans' benefits. You can also visit the Office of Veterans Affairs website or call the University of Illinois Veterans Affairs office by calling (217) 333-9283. Click for information on the Illinois National Guard Grant. Click here for an update to the Spring 2006 College of Business Military Support Program.
  • MBA Loans is a private program offered by the Graduate Management Admission Council (GMAC). The program is available to all students. For information call 1-888-440-4MBA or visit the MBA Loans website.
  • Access Group provides private and federal loans to graduate and professional school students. Information for these loans can be found by visiting the Access Group website
  • Personal Loans are available and can be reached at: Student Loans Programs

Other Sources for Financial Aid Information: