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 studnets 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 pending finalization but, for reference, the cost in 2023 was $2,350, 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 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.

Source: Penn State Tuition and Fees Schedules