Tuition & Financial Aid
For all MBA@UNC students, MBA@UNC tuition is $1,510.23 per credit hour for the 2015-2016 academic year (July 2015 – June 2016). MBA@UNC is a 66 credit hour program. Please note that tuition is subject to change each academic year, as approved by the UNC System Board of Governors, and any tuition change is applicable to all enrolled students. Students can expect to pay at least $99,675 for the entirety of the program.
MBA@UNC tuition includes student fees, simulations, assessments, technology platform licensing and support, global immersions and some academic materials. Textbooks are not included.
Students are required to attend two global immersions to meet core course graduation requirements, and elective course credit may be earned for two additional immersions. Immersions are worth one credit hour each and are billed at the credit hour rate in effect during the registration period for that immersion. Transportation to and from the immersion location is not included in tuition.
Students who wish to attend more than four immersions may do so, however course credit toward graduation requirements will only be received for the first four immersions attended.
Admitted applicants will be required to submit a $1,500 non-refundable enrollment deposit to reserve a space in the program. Enrollment deposits will be applied as a credit toward the first quarter's tuition once the student enrolls in the program.
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Financing the MBA@UNC Program
MBA@UNC awards a limited number of partial tuition fellowships to outstanding admitted applicants who have demonstrated excellence in many areas of their applications. Learn more about fellowships.
MBA@UNC is an approved program for students receiving military education benefits. Learn more about veterans benefits.
Federal Direct Loans
The Federal Direct Loan program is available to all U.S. citizens and permanent residents who meet basic federal requirements. Students are eligible to borrow a maximum for $20,500 per academic year through this program.
Federal Direct Graduate PLUS Loans
This loan provides additional funding for those students (U.S. citizens and permanent residents only) whose costs exceed the maximum Direct Loan eligibility of $20,500 per academic year. Students should exhaust their Federal Direct Loan eligibility before pursuing a Direct Graduate PLUS Loan. The interest rate for Graduate PLUS loans is a fixed 7.21%.
This type of loan provides additional funding for those students (U.S. citizens and permanent residents) whose costs exceed the maximum Direct Loan eligibility of $20,500 per academic year. Students usually exhaust their Federal Direct Loan eligibility before pursuing a private education loan. The interest rate for private education loans varies and is based on either the prime rate or LIBOR.
All students can be considered for student loans to cover tuition and some living expenses while pursuing the MBA@UNC program. UNC Kenan-Flagler has a student loan officer who provides dedicated assistance to all MBA@UNC applicants. To be considered for Federal Direct Loans or Federal Direct Graduate PLUS loans, you must complete the FAFSA.
|Federal Direct Unsubsidized Loans||Federal Direct Graduate PLUS Loans||Private Loans|
|Non need-based||Non need-based||Non need-based|
|Interest accrues from loan disbursement||Credit requirement: good credit history or no credit history (no delinquent accounts or bankruptcy on credit report)||Credit requirement: most lenders require students to have a particular credit score to be approved without a co-borrower|
|Interest rate: 5.84% fixed||Interest accrues from loan disbursement||Interest accrues from loan disbursement|
|Origination fee: 1.072% deducted from loan proceeds||Interest rate: 6.84% fixed
Origination fee: 4.288%
|Variable and normally based on either the prime rate or LIBOR|
|Annual maximum: $20,500||Annual maximum: cost of attendance minus other student aid||Annual maximum: cost of attendance minus other student aid|
|Grace period: 6 months||Grace period: not automatic, but can contact lender to request 6 month grace period||Grace period: normally 6–9 months, depending on loan|
|Repayment period: 10–25 years (several repayment options available)||Repayment period: 10–25 years (several repayment options available)||Repayment period: typically 10-20 years standard|
|How to apply:
2. Unsubsidized MPN
3. Entrance counseling
|How to apply:
2. Graduate PLUS MPN
3. PLUS request process
|How to apply: online at the lender of your choice's website|
Our program is not eligible for The University of North Carolina System Tuition Waiver Program. View the complete Tuition Waiver Policy.
Public Service Employees may qualify for the Public Service Loan Forgiveness Program
Get more information on MBA scholarship programs.
Have a question? Visit Financial Aid FAQ's
UNC offers several options for students to make a payment towards tuition. See all available payment methods.
Contact Anna Kerns for questions about financial aid.