Tuition and Financial Aid
Our goal is to support your career growth without creating overwhelming financial barriers. With a competitive tuition rate and various financial aid options, our MBA programs combine high-quality education and accessibility.
Tuition Summary*
Flex MBA Tuition
The Flex MBA uses a semester-based tuition model that varies based on two factors: residency status and how many credits you take each semester. Here’s a breakdown of the base tuition based on residency and credit hours:
| Credit Hours (per semester) | Illinois Resident | Non-Illinois Resident | International Student |
|---|---|---|---|
| 12+ credits (full time) | $13,871 | $20,973 | $21,103 |
| 6-11 credits (part time) | $9,813 | $14,548 | $14,651 |
| 1-5 credits (part time) | $5,620 | $7,987 | $8,117 |
Additional Flex MBA fees: There is a $250 program deposit as well as university fees. Learn more about them on our graduate tuition and fees page.
Online MBA Tuition
- Cost per credit: $857
- Total base tuition: $35,994 (42 credit hours)
- Additional fee: $20 per credit hour Library and IT Assessment fee
Tuition and fees do not include the cost of textbooks and materials, which vary by course. Students will be provided with a list of required textbooks and materials upon registration.
* Tuition and fees are subject to change
Financial Aid and Scholarships
FAFSA
Students enrolled in either of our MBA programs are encouraged to request federal and state financial aid by completing their FAFSA.
Our FAFSA code is 001776.
Financial Aid Eligibility Requirements
- Online MBA students must be enrolled in at least 8 credit hours to be eligible for financial aid
- Flex MBA students must be enrolled in at least 9 credit hours for financial aid eligibility
- International students must maintain full-time status (9 credits per term)
For information about funding your graduate education, contact our financial aid office.
Scholarships
Merit-Based Awards
UIC Business offers merit-based scholarships to qualified students. These awards are competitive and based on academic achievement and professional experience.
External Scholarships
Many organizations offer scholarships specifically for MBA students. We encourage you to research and apply for external funding opportunities that align with your background and career goals.
How To Find and Apply for Scholarships
UIC provides comprehensive scholarship resources through the UIC Scholarships site.
Military and Veterans Benefits
UIC is committed to supporting military service members, veterans and their families in achieving their educational goals. We offer a range of resources and benefits to make your MBA more accessible.
- In-State Tuition Rates: Active military and veterans receive in-state tuition rates for the Flex MBA program regardless of residency. (This benefit does not apply to the Online MBA, which has a flat rate for all students.)
- Illinois Veterans Grant (IVG): Covers tuition and mandatory fees for eligible Illinois veterans at public institutions in the state.
- Illinois National Guard (ING) Grant: Provides tuition assistance for qualifying service members with at least one year of service.
- MIA/POW Scholarship: Available to dependents of qualifying Illinois veterans.
- Children of Veterans Tuition Waiver: Eligible dependents may apply by March 1 for the upcoming academic year.
For benefit details and eligibility requirements, we recommend consulting these resources:
Illinois Student Assistance Commission: isac.org
UIC Student Veteran Affairs Office: mia123@uic.edu or 312-996-5116
UIC Financial Aid: financialaid.uic.edu
Request Information
To learn more about UIC Business MBA programs and download a free brochure, fill out the fields below. You can also talk one-on-one with an enrollment specialist directly by calling (872) 327-2205.