Tuition & Financial Aid
For students beginning in the July 2019 term, the tuition for the 2019-2020 academic year (July - June) is $125,589.06 for the 62 credit-hour program. Students can expect to pay at least that much for the entirety of the program. MBA@UNC tuition includes student fees, simulations, assessments, technology platform licensing and support, Summits and some academic materials. Textbooks are not included. Items included in tuition are subject to change.
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. Subject to final approval from NC General Assembly.
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.
Financing the MBA@UNC Program
When evaluating how to pay for a master's degree program, students often explore a number of resources, including tuition assistance from employers, scholarships and student loan programs. In the section below, we've outlined some financing options that students may be eligible to apply for.
Students in the MBA@UNC program are not eligible for The University of North Carolina System Tuition Waiver Program.
Several professional organizations offer scholarships for MBA students. Get more information on MBA scholarship programs.
MBA@UNC awards a limited number of partial-tuition fellowships to admitted applicants who have demonstrated excellence in many areas of their applications. No additional application is required for fellowship consideration; every applicant is automatically considered for fellowships. The number of fellowships granted and the monetary award amounts may vary each year.
Students in the online MBA program are not eligible for The University of North Carolina System Tuition Waiver Program.
Public Service Employees
Students employed in public service positions may qualify for the Public Service Loan Forgiveness Program.
Students should check with their employers' personnel or human resources division regarding tuition. Many employers offer tuition benefits, including tuition reimbursement and low-cost loans. Gaining financial support from an employer can be a tremendous asset in funding an MBA program.
While every organization's policies on educational support vary, we have assembled an employer support resource guide with some tips and strategies for determining whom to approach, framing the conversation, providing contextual evidence and negotiating financial aid terms.
To begin the process of applying for eligible military education benefits, visit the VA site and complete the Education Benefits Application Process.
UNC-Chapel Hill is approved by the Veterans Administration as a training facility for students receiving military education benefits. Once you are deemed eligible to receive military education benefits, and are admitted to the program and registered for classes, you must complete and submit the MBA@UNC Veterans Enrollment Form (PDF) in order to receive VA benefits for the MBA@UNC Program.
UNC Kenan-Flagler has a VA Certifying Official dedicated to the review of veterans benefits enrollment for MBA@UNC students, and we've compiled a list of resources and helpful tips to help guide students through the process. Visit our MBA@UNC Veterans Benefits page for more information.
Federal Student Loans
To apply for federal loan programs, start by completing the Free Application for Federal Student Aid (FAFSA). The University of North Carolina school code is 002974.
You will also need to complete the steps listed on the UNC Financial Aid Checklist (PDF, 808 KB).
Upon completion of the FAFSA, students may be eligible for the following federal student loans:
- Federal Direct Unsubsidized Loan: Graduate students are potentially eligible to receive up to $20,500 per academic year.
- Federal Direct Graduate PLUS Loan: This credit-based loan can be used in addition to the Direct Unsubsidized Loan. It provides additional loan funds to cover tuition and other personal or living expenses, up to the cost of attendance, per academic year. The Graduate PLUS Loan requires an additional application and can be found on the Federal Student Aid website.
Contact Anna Kerns for questions about financial aid via e-mail at email@example.com or by phone at Phone Number: 919.962.0135. For more information on types of funding, student loan FAQs and financial aid tips, download a PDF of financing options (PDF, 488 KB).
Private Student Loans for Non-U.S. Citizens
Students who require additional assistance may apply for education loans through private lenders. Some of these will have specific requirements for the borrower as outlined by the lender, bank, or government, so students should contact the lending agency directly for details on each program. Below is a list of possible programs, but this is in no way a comprehensive list.
- Private Loans for Students Without a U.S. Co-Signer
- Credila is available for Indian students only
- Industrial and Commercial Bank of China is available for Chinese students only
- Bank of China is available for Chinese students only
- FIDERH is available for Mexican students only
- Prodigy Finance
- MPOWER Financing
Applying for Financial Aid
Students who intend to apply for financial aid should begin the process as soon as possible. We encourage students to apply for financial aid at the same time they complete the MBA@UNC application. To apply, complete these steps:
- Visit the FAFSA site and complete the Free Application for Federal Student Aid. The University of North Carolina school code is 002974.
The FAFSA must be completed each academic year in order to remain eligible for federal student aid. Please reference the chart below to determine which FAFSA to complete based on your desired start date.
FAFSA deadlines based on cohort start Start Quarter FAFSA Year July 2019 Fall 2019-2020 October 2019 Fall 2019-2020 January 2020 Spring 2019-2020 April 2020 Spring 2019-2020
- Complete your application for admission to the program.
Students can apply for federal student aid if they meet certain criteria established by the university and the Department of Education. Read through the following information before beginning the financial aid process.
To be eligible to receive federal student aid, students must:
- Be a U.S. citizen or eligible noncitizen
- Have a valid Social Security Number
- Be registered with Selective Service (Males must register between ages 18–25.)
- Be admitted to the MBA@UNC program and accept their admit offer
- Be enrolled at least half-time in an eligible program (at least 4.5 credits)
- Maintain satisfactory academic progress
- Not currently be in default on previous federal loans borrowed through FSA
- Not have exceeded the maximum aggregate loan limit
Check the status of prior federal loans on the National Student Loan Data System.
For more information on types of funding, student loan FAQs and financial aid tips, download a PDF of financing options (PDF, 493 KB).
UNC offers several options for students to make a payment towards tuition. See all available payment methods.
Get Started Now
If you are ready to learn more about a no. 1–ranked online MBA program, as ranked in 2019 by U.S. News & World Report, download our brochure now.