Tuition & Fees

Applicants are granted in-state status if they have been domiciled in Maryland for at least 12 months prior to the last day of registration for the forthcoming semester, and have been financially independent for the previous 12 months. Being domiciled in Maryland is defined as owning or renting real property in Maryland as one's residence on a year-round basis where all or substantially all of one's personal possessions are housed; maintaining uninterrupted presence in Maryland including the months when the university is not in regular session; paying Maryland income tax and giving a Maryland home address on federal tax returns; possessing a Maryland driver's license; and/or being registered to vote in Maryland.

For a complete list of residency requirements, please contact the Residency Classification Office.

To help with financial planning, below are the tuition and fees school year 2008-2009.

Full Time MBA Tuition and Fees Per Semester
(In State)
Credits 15 17
Tuition $  7,515.00 $  9,185.00
Fees $  8,568.25 $  9,318.25

Total

 $  16,083.25 $  18,503.25

 

Full Time MBA Tuition and Fees Per Semester
(Out of State)
Credits 15 17
Tuition $  12,978.00 $  15,862.00
Fees $  8,568.25 $  9,318.25

Total

 $  21,546.25 $  25,180.25


Tuition
The tuition charge covers instructional costs and follows a flat rate structure for students admitted to the full-time MBA program at College Park. The flat rate tuition is a single tuition charge for a full-time student taking between 9-15 credits of Business School courses (400-level and above). Courses not taken at the business school are charged regular university or specific program rates and will not be included under the flat rate. In addition, if less than 9 credits are taken, per credit charges apply for all courses taken. Credits in excess of 15 are not included in the flat rate structure and are charged at the per credit rate for business school classes.

Students admitted to the full-time MBA program at College Park who are completing 9 to 15 credit hours will pay a flat rate of tuition instead of the per credit hour rate.  In state tuition for 9 to 15 credit hours is $7,515.00 and out of state tuition for 9 to 15 credit hours is $12,978.00.  Students admitted to the full-time program who are completing more than 15 credits will be charged on a per credit basis for each credit above the flat rate maximum of 15 credit hours.

Tuition and fees subject to change.

Full-time MBA/MS students who wish to study during the summer sessions should be aware that educational expenses range between $2,500 and $6,000.

Tuition Payment Methods
For your convenience, you may make payments by mail, in-person, online or over the phone. Payments can be made with Visa, MasterCard, and Discover credit cards. Personal checks are also accepted. All checks and money orders must be in US dollars drawn on a US bank.

TERP Payment Plan
The best way to avoid lump-sum payments and cover the gap between financial aid and the cost of education without resorting to additional borrowing from alternative sources is to enroll in the interest-free TERP Payment Plan.

By enrolling in this plan, you can spread your payments over either eight or ten months. The annual enrollment fee is $45 for the ten-month plan or $75 for the eight-month plan. You can include most university charges: tuition, fees, and parking permits. You can also arrange to have your monthly payments debited directly from your checking or savings account.

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