Tuition and Fees
THE UNIVERSITY OF TENNESSEE MBA PROGRAM |
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TUITION AND FEES |
In-state |
Out-of-State |
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| Prep Courses (Optional August 2 – August 6, 2010) (Acct, Fin, Stats) $75/module or $200/All three plus (Econ $50) * | |||
| Fall Semester (August 11, 2010) ** - Classes start (tuition is due, including University/MBA fees) University instate tuition $3,413 and fees $461; University out-of-state tuition $10,311 and fees $611; MBA fee $4,500 (See information in last paragraph regarding graduate assistantship fee waiver) |
$ 8,374* |
$15,422* |
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| Spring Semester (January 12, 2011) ** (tuition is due, including University/MBA fees) University instate tuition $3,413 and fees $461; University out-of-state tuition $10,311 and fees $611; MBA fee $4,500 (See information in last paragraph regarding graduate assistantship fee waiver) |
$ 8,374* |
$15,422* |
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| Spring Semester Mini-Term-Global Business Seminar (approximate dates 5/10-6/1/2011)** (tuition is due) Travel Expense (Airfare & Some Meals) |
$ 1,269 $ 2,000 |
$ 3,621 $ 2,000 |
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| Fall II * (tuition is due, including University/MBA fees) University instate tuition $3,413 and fees $461; University out-of-state tuition $10,311 and fees $611; MBA fee $3,000. (See information in last paragraph regarding graduate assistantship fee waiver) |
$ 6,874* |
$13,922* |
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| MBA Program Fee (to be paid in 2 installments) *** $500 Submitted upon acceptance of admission and is non-refundable (Seating Deposit) $500 Submitted by July 1st of year of program entry and is non-refundable |
$ 1,000 |
$ 1,000 |
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| Total Tuition and Fees | $27,891 | $51,387 | |
SCHOOL EXPENSES |
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| Textbooks and supplementary reading material | $2000-$3000 | ||
| Computer and peripherals (printer, etc.) (Student ownership of a laptop computer is required, and computer literacy is assumed in the UTK MBA Program prior to entry) *** | $1500-$2500 |
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| School Supplies | $600 per year | ||
| Commuter Parking | $162 per year | ||
| TOMBA Dues | $75 | ||
| Internet Access (For Off Campus Access to the University of Tennessee Computing Center) | $36 per semester | ||
LIVING EXPENSES |
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| Rent (off campus) |
1-Bedroom Apartment: $400-$800 2-Bedroom Apartment: $500-$900 |
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| HEALTH INSURANCE (offered by UT) | |||
| Student Plan (student only) optional for United States Citizens | (Insurance is required for all international students as soon as you arrive on campus, Fall Semester) | http://studenthealthprograms.com/ | |
* Less than half-time student, will not qualify for federal financial aid
** Please note: Tuition rates may increase for Fall 2010. The most current information is available at http://mba.utk.edu/Prospective_Students/tuition.htm. Many of these figures are estimates and reflect a wide range. Each student’s situation will be unique. In addition to these start-up expenses, potential expenses to consider are moving expenses, rent deposit, costs of decorating an apartment, utilities (electricity, gas, and water) telephone, entertainment and subscriptions to business periodicals or newspapers.
*** May be covered by federal financial aid when proper documentation is presented
How you will finance your MBA is a big part of your decision-making process. You will need to arrange for financing your education early in the application process. The length of time needed to secure your financing will vary depending on the type of financial aid you are pursuing. All admitted applicants are automatically considered for merit-based MBA Program funded Assistantships/Fellowships. However, you should approach the process as if you will not receive merit-based funding through the MBA Program Office. (Typical Graduate Assistantships only cover tuition waivers in the amount of $3,413/semester in-state and $10,311/semester out-of-state. Students must cover the balance.) The Financial Aid Office will only process need-based funding for United States Citizens. Excellent resources on additional educational funding may be found in libraries or bookstores. These resources will address loans, grants, fellowships, and other options. Additionally, university-wide-merit-based scholarships may be obtained through the Graduate School. (Revised 12/1/2009)