Online MBA tuition & fees

Tuition for the 2020-2021 academic year is $2,100 per course ($31,500 for the whole program). The rate is the same whether you are an Iowa resident or a nonresident.


Online MBA students pay one university fee, a one-time Records and Documents fee. The amount is $225 for all students. 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 employers that reimburse for MBA courses provide reimbursement when the class is complete and/or when you show proof of your grade. The Tippie College of Business MBA programs offer a program that allows you to defer payment of your tuition bill until the end of the semester. See details.

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 email at

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’ll want to 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.