Tuition & Aid

Tuition for the Penn State Smeal One-Year MBA program is set by the University and is determined based on the graduate rate for students in the MBA category. Upon acceptance to the program, a non-refundable $500 deposit is required, which will be applied as a credit toward your fall tuition fees. Estimated expenses for the current academic year include tuition and fees, which are $30,486 for Pennsylvania residents and $49,612 for out-of-state residents. There is also a pre-term and orientation fee of $500 and an estimated cost of $2,350 for the Global Immersion experience. Please note that the cost for the Spring 2025 Global Immersion is $2475, covering double occupancy, airfare, and personal expenses such as passports, visas, and meals.

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 2024-25 Academic Year
Semester Expenses In-State Tuition Out-of-State Tuition
Fall Tuition $15,548 $25,798
UP Student Fee $315 $315
MBA Comm/Orientation Fee $409 $409
Career & Student Service Fee $125 $125
Spring Tuition $15,548 $25,798
UP Student Fee $315 $315
Global Immersion Fee* $2,700 $2,700
  Total Cost: $34,960 $55,460

*This is an estimated cost based on double occupancy lodging. This does not include airfare and personal expenses such as passports, visas, meals, etc.

 

Tuition rates are set by the University in mid-summer and are subject to change. To calculate tuition using the current year’s information, please use the Penn State Tuition and College Cost Calculator.

Financial Support

The Penn State Smeal College of Business One-Year MBA program has merit scholarships available for admitted students. All applicants are automatically considered for funding, and there is no additional application necessary. For full consideration, candidates should apply by the third round deadline. If you have additional questions, please contact the admissions team at .