Part-Time MBA
Part-Time MBA - Tuition and Financial Aid - Cost of Attendance
Cost of Attendance
2023-2024 Academic Year Cost of Attendance
For the PT MBA program, the 2023–2024 academic year Cost of Attendance (COA) figures listed below are for students beginning August 2023 through July 2024.
Note: The 2023-2024 Academic Year consists of the Fall 2023 and Spring 2024 semesters.
Part-Time MBA Cost of Attendance
|
Virginia Domicile |
Non-Virginia Domicile |
International Students |
||||
|---|---|---|---|---|---|---|
|
|
Fall 2023 |
Spring 2024 |
Fall 2023 |
Spring 2024 |
Fall 2023 |
Spring 2024 |
|
Tuition and Fees* |
$28,757.50 10.5 anticipated credits |
$15,230 6 anticipated credits |
$28,817.50 10.5 anticipated credits |
$15,290 6 anticipated credits |
$28,917.50 10.5 anticipated credits |
$15,390.00 6 anticipated credits |
|
Computer |
$1,800 |
$0 |
$1,800 | $0 |
$1,800 |
$0 |
|
Books & Supplies |
$100 |
$100 |
$100 | $100 |
$100 |
$100 |
| Room | $10,620 | $10,620 | $10,620 | $10,620 | $10,620 | $10,620 |
| Board | $3,235 | $3,235 | $3,235 | $3,235 | $3,235 | $3,235 |
| Miscellaneous Personal Living Expenses | $1,900 | $1,900 | $1,900 | $1,900 | $1,900 | $1,900 |
|
Federal Direct Unsubsidized Loan Fee** |
$97 |
$97 |
$97 | $97 |
-- |
-- |
|
Federal Direct Graduate PLUS Loan Fee** |
$307 |
$307 |
$307 | $307 |
-- |
-- |
|
Transportation*** |
$1,377 |
$1,377 |
$1,377 | $1,377 |
$1,377 |
$1,377 |
|
Total (Varies based on total credit hours enrolled) |
$48,193.50 |
$32,866.00 |
$48,253.50 | $32,926.00 |
$47,949.50 |
$32,622.00 |
*For a breakout of the individual semester charges, please review the Tuition, Fees, and Billing Information section
**Federal loan fees are only included for borrowers of Federal loans
***Transportation is based on round trips to Sands Family Grounds for classes over the academic year plus travel costs to work and home.
What Does Financial Aid Cover?
Financial aid may be utilized to cover the full Cost of Attendance (COA). The maximum amount of financial aid (including scholarships, loans and any other known resources excluding Veterans Benefits) for which you are eligible is limited to the total COA. The total COA varies based on where you reside and if you will be receiving federal loans. Note: You cannot receive financial aid (including student loans) during periods of non-enrollment (e.g., before the start of your program).
Direct costs include:
- Tuition and fees billed each semester
- Darden PT MBA case fees
- Darden PT MBA Meals Fees
- Domestic Residency Meals and Lodging
- Global Residency charges (if applicable)
Indirect costs include:
- Room
- Board
- Miscellaneous personal living expenses
- Books and computer
- Federal loan fees, if federal loans are borrowed
- Transportation costs to and from classes
- Travel to and from the Global Residency (if applicable)
- Some meals during the Global Residency (if applicable)
- Fees for Visa Services (if applicable)
You must apply for financial aid on an annual basis. Your current financial aid application only covers the COA for the 2023–2024 academic year (Fall 2023 and Spring 2024 semesters). Students are encouraged to mark their calendar to reapply for financial aid in December 2023 for the 2024–2025 academic year (Summer 2024, Fall 2024 and Spring 2025 semesters).
Financial aid funds accepted in excess of the direct costs will be refunded to you by the University at the beginning of each semester.
Direct Deposit:
- If you have previously signed up for direct deposit for your refunds, you should receive an email confirmation of the direct deposit amount from Accounts Payable at the University and the funds should arrived via Automated Clearing House (ACH) in your designated bank account within 2-5 business days after the effective date listed in the Student Information System (SIS).
- Note: If an ACH/direct deposit fails for any reason, Accounts Payable reissues the refund as a paper check to the mailing address on record in SIS. Please allow at least 5-15 business days from the date of reissue for the check to arrive. Reasons for ACH/direct deposit failure include but are not limited to: "Bank Account Closed" or "No Bank Account/Cannot Locate" or "Insufficient Bank Details in SIS."
Paper Checks:
- If you have not signed up for direct deposit, a paper check will be reissued to the current mailing address that you have on file in SIS. Please allow at least 5-15 business days for the check to be received at your Mailing Address.
- Requests for replacement refund checks will not be accepted until 30 calendar days after the date the check was issues.