Iowa MBA tuition & fees

Tuition for the 2021-2022 academic year is $2,100 per course ($31,500 for the whole program). Starting in the Fall 2022 semester, tuition will increase to $2,250 per course ($33,750 for the whole program), pending approval by Iowa Board of Regents. The rate is the same whether you are an Iowa resident or a nonresident.

Iowa MBA students pay a one-time Records and Documents university fee in the amount of $225. If you're a University of Iowa graduate, you get to skip this fee. See details.

Paying for your MBA

Most students get some portion of tuition reimbursed by their employer, but self-funded students are common, too. Other options for paying for your MBA include federal financial aid and private loans.

Employer assistance and deferred billing

Most students have some portion of their tuition reimbursed by their employer. Many employers provide reimbursement only when the class is complete and/or when you show proof of your grade. The Iowa MBA offers a way to defer payment of your tuition bill until the end of the semester. See details.


We award a number of merit-based scholarships to select Iowa MBA students each semester, ranging in value from $1,000 to $4,200. We look for newly admitted students with high academic achievement. Learn more about scholarships.

Veteran benefits

As a military veteran or active-duty service member, you’re entitled to paying zero application fee and may have your GMAT or GRE cost reimbursed by the V.A. (requires GI Bill eligibility).

If you intend to use veteran’s education benefits, you can get assistance through the Office of GI Bill Services at 319-335-3895 or by emailing

Federal & private loans

U.S. citizens and permanent residents can usually get federal loans through the University of Iowa Office of Student Financial Aid. If you plan to go this route, you should complete the Federal Application For Student Aid (FAFSA) well in advance of starting classes.

MBA students also have access to a growing number of private loans, like home equity loans or lines of credit. Contact your bank and research your options; terms and conditions for these programs vary.

Payment options and payment plans

In addition to the deferred option described above, there are several ways to pay your tuition bill, from automatic deduction to installments. See all the options on the University Billing Office website.