The following are tuition rates and fees for the 2026-2027 academic year.
Tuition is billed per credit hour in the Full-Time MBA program. Courses taken at an Off-site campus (Baltimore, Rockville, DC) will be subject to a different tuition rate.
Tuition
| Tuition | $1,759.50 (per credit) |
Fees
| Mandatory Fee* (Per semester for any student taking College Park courses) *See the Fee Breakdown below for details | 8 or Fewer Credits - $ 376.50 9 or More Credits - $ 727.00 |
| MBA Association Fee (College Park MBA Students Only - Fall Semester) | $750.00 |
| International Student Fee | $125 per semester |
| Student Health Insurance Plan (SHIP) | Students are automatically enrolled in the Student Health Insurance Plan (SHIP) upon registering for classes and the premium fee will be billed to the student's account. After registering, newly admitted students must wait 2 business days to complete the waiver. The SHIP deadline dates for the 2026-2027 academic year will be revised during the summer. |
Fee Breakdown
| Item | ≤ 8 College Park credits | > 8 College Park credits |
| Athletics | $33.00 | $66.50 |
| Shuttle Bus | $78.00 | $170.50 |
| Student Union | $96.50 | $200.00 |
| Student Activities | $24.00 | $26.00 |
| Recreation Services | $114.00 | $238.50 |
| Student Counseling Center | $12.50 | $26.00 |
| $376.50. | $727.00 |
Deadlines
| Payment Deadlines: If You Registered Between | Bill Generated | Payment Due: |
| March 24- July 24 | July 24,2026 | August 20, 2026 |
| July 25- August 25 | August 25,2026 | September 20,2026 |
Reminder: September 20, 2026 - Fall 2026: Second eBill due. (Late Fee Penalties Assessed)
Terp Payment Plan
Student Financial Services and Cashiering has made enhancements to the Terp Payment Plan through their partnership with Nelnet. Nelnet is now the exclusive payment plan administration for the University of Maryland.
The Terp Payment Plan (TPP) at the University of Maryland allows you to spread your educational expenses in monthly installments over the academic year or by the semester. the enrollment fee is 50.00 per semester. Additional plan details are available at billpay.umd.edu/TPP.
TPP enrollment is open for online at https://billpay.umd.edu/TPP, or by phone by contacting Nelnet at 888-470-6014. At Nelnet you have 24/7 secure account access to:
- Set up and modify payment plan budgets
- Make online payments for your monthly installments
- View previous or upcoming scheduled payments
Once enrolled, you will be billed monthly by Nelnet in accordance with your payment plan schedule. You may pay online or automatic deductions from your checking or savings account, by mail or by credit card with a related processing fee. Please note that all payment plan payments must be made to Nelnet.
- Please note that if you make changes to your courses (add or drop) you are responsible for updating this information with Nelnet.
For all questions regarding payment setup, please contact Nelnet at 888-470-6014 Monday - Friday 8:00 a.m.- 10:00 p.m. with any questions.
Notes
Tuition and fees are subject to change and annual increases. Although changes in fees are ordinarily announced in advance, the University reserves the right to make such changes without previous announcement.
MBA students are charged on a per credit basis.
Any student coded as a non-resident will pay the out-of-state tuition rate and applicable College Park fees for courses taken at College Park, through Study Abroad and through external agreements (Consortium, Inter-Institutional, etc).
Global Business courses are subject to applicable tuition and program fees.
Students enrolled in College Park courses, study trips, study abroad and external agreements (Consortium, Inter-Institutional, etc.) will pay applicable College Park fees.
For example:
A typical graduate level course that uses the university tuition rates would be charged the following:
$878.00 + $881.50 = $1,759.50 per credit - for Maryland Residents
$1,878.00 + $279.00 = $2,157.00 per credit - for Non-Residents
If a student is taking courses outside the business school, please contact your advisor to understand the tuition implications.
Student Health Insurance Plan (SHIP)
Students are automatically enrolled in the Student Health Insurance Plan (SHIP) upon registering for classes and the premium fee will be billed to the student's account. After registering, newly admitted students must wait 2 business days to complete the waiver. The SHIP deadline dates for the 2026-2027 academic year will be revised during the summer.
In-State Residency Status
Students wishing to challenge their out-of-state classification may do so by filing a timely "Petition of In-State Status Form" with the Office of the Registrar. Informational sessions are typically held at the beginning of the semester. The deadline for meeting the 12-month requirement for in-state status and for submitting a petition and supporting documentation is the end of the schedule adjustment period for the semester in which you wish to be classified as in-state. Retroactive in-state status is not granted.
It is imperative that students obtain a petition as soon as possible. Late petitions will not be accepted. The volume of petitions for review of eligibility may necessitate a delay in completing the review process. It is to your advantage to apply early. In most cases, a final decision will be made within 90 days of receipt of a complete petition. For residency self-evaluation forms, walk-in hours, or other information, please contact:
Residency Classification Office
Office of the Registrar
Room 1118 Mitchell Building
Phone: (301) 314-9596
Fax: (301) 314-9832
e-mail: resclass@umd.edu
Contact
For general questions, please contact the Smith School Team.