Online MBA (OMBA) Tuition & Financial Aid
Online MBA Tuition
|Per Credit Hour:||Total Number of Credits:||Total Program Cost:|
|$800 per credit hour||40-46 credits total||$32,000 - $36,800|
Tuition is the same for Florida residents, out-of-state residents, and international students.
Tuition is billed per semester for course(s) taken in a particular semester. In average, a student can expect to take two 3-credit courses in the summer semester ($800 x 6 credits= $4,800) and three 3-credit courses in the spring and fall semesters ($800 x 9 credits= $7,200). Students are allowed to increase or decrease their course load, and the account billing summary will automatically adjust according to the number of actual credits enrolled.
Program tuition includes:
- Digital parking permit
- Student ID card
- Guaranteed schedule for the entire program
- Pre-program orientation
- Access to workshops and seminars
- Full support: advising, tech support, financial services, career guidance
- Lifetime discounted rates on professional development courses
- 24/7 access to dedicated group study rooms
- Microsoft Office products
- Tutoring services available for quantitative core courses
- Graduation regalia
- Graduation banquet
*Textbooks are not included in the tuition cost. Students must purchase required textbooks or e-books associated with each course on a semester/term basis. Textbook information will be provided closer to the start of the semester/term by the student’s Program Coordinator.
Methods of Payment
1. Federal Financial Aid
Students whose method of tuition payment is federal financial aid should complete
the Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov.
Most students who apply for Federal Financial Aid (Stafford Loan) via the Free Application for Federal Student Aid (FAFSA) are eligible up to $20,500 per academic year in loans. The awarded amount is divided into 2 semesters - fall and spring. Once awarded, the funds can be declined, decreased or accepted in the amount awarded. The amount of tuition covered by the financial aid is deferred until the aid award is disbursed.
View the FAU Financial Aid database for comprehensive federal loan information, forms, and resources.
2. Tuition Reimbursement
A copy of your company tuition reimbursement policy is required by our office. We
will provide information to you required by your Department of Human Resources.
Students who are using full or partial tuition reimbursement as their method of payment receive a grade sheet and invoice or receipt at the end of each semester.
The amount of tuition covered by the tuition reimbursement policy is deferred and should be received up to 30 days after the end of each semester.
Students with partial tuition reimbursement declare a supplemental method of tuition payment. e.g. financial aid or self pay, which covers the remaining tuition.
3. Self Pay Installments
A payment plan is provided for students who select the self-pay method. There are 4 payment installments in the fall and spring semesters, and 3 payment installments in the summer semester.
4. Private Lending
Private, credit-based lending is accepted by the university to assist students with covering full or partial tuition and fees. Lending companies include banks, credit unions, and other financial institutions. Students are advised to consult with the lending company regarding specific eligibility requirements, interest rates, disbursement options, repayment terms, and other factors.Click here to view more information on private loan funding.
5. Military/Veterans Benefits
Students using the GI Bill must complete the VA Certification Request form with all required documents. Upon approval, an FAU VA Official will certify eligibility for funding each semester after being registered for degree-seeking courses and based on continued eligibility. Refer to www.fau.edu/vets for further details, instructions, and resources.
6. Fellowships, Awards & Scholarships
Refer here to review the fellowships and awards offered to FAU graduate students. All available scholarships geared towards graduate students can be utilized and applied towards the graduate degree as well.
7. Combination of Payment Methods
Upon departmental approval, students can declare any combination of tuition payment methods.