Tuition & Aid
Tuition for students in the Penn State Smeal One-Year MBA program is determined by the University and is based on the graduate rate for students in the MBA category.
A non-refundable deposit of $500 is required to accept an offer of admission to the program. This deposit will be credited toward your fall tuition payment.
Below are estimated tuition expenses for the current academic year for the Penn State Smeal One-Year MBA Program. Estimated housing expenses are based upon on-campus graduate housing fees, which may be lower than off-campus options.
| Estimated Expenses for the 2023-24 Academic Year | ||
|---|---|---|
| Expenses | Pennsylvania Residents | Out-of-State Residents |
| Tuition | $30,486 | $49,612 |
| Fees | $530 | $530 |
| Pre-Term and Orientation Fee | $500 | $500 |
| Global Immersion Estimated Costs | $2,350* | $2,350* |
*The cost for Spring 2025 Global Immersion is not yet finalized. For planning purposes, the cost from 2023 was $2,350 and is based on double occupancy plus airfare and personal expenses such as passports, visas, meals, etc.