Your cost to attend
Tuition is $2,250 per course ($33,750 for the whole program). The rate is the same whether you are an Iowa resident or a nonresident—tuition is reviewed annually and subject to change.
Fees
There's a one-time records and documents fee of $250 for Iowa MBA students. If you're a University of Iowa alumnus, you get to skip this fee.
Ways to pay for your MBA
Most students get some portion of tuition reimbursed by their employer. Unlike many MBA programs, we allow for deferred payment, so you won't have to pay out of pocket upfront. We'll wait until the end of the semester to bill you, so you can show your employer proof of which classes have been completed.
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. Share the Iowa MBA Employer Guide with your supervisor or HR representative to start the conversation.
Veteran benefits
If you intend to use Veteran education benefits, contact IVETS to learn more: 319-384-2626 or ui-ivets@uiowa.edu.
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.
Scholarships
If you've got a record of academic success, then you may qualify for a scholarship. A number of incoming students are selected as scholarship recipients each semester. Apply for admission by the priority application deadline and you’ll automatically be in the running for scholarships.
Applying for scholarships: timing
No separate application is required. Scholarships are awarded to incoming students who apply and have all of the relevant materials turned in before the priority deadline.
Later applications may be considered if funding's available, but for the best shot at scholarships, apply by the priority deadline.
We’ve got your career needs covered.
Check out a list of resources we offer all Iowa MBA students.