Tuition & Fees - Full Time MBA
The following are tuition rates and fees for the 2023-2024 academic year.
Tuition is billed per credit hour in the Full Time MBA program and determined by your state of residence. Courses taken at an Off-site campus (Baltimore, Rockville, DC) will be subject to a different tuition rate.
|In-State||$1,759.50 (per credit)|
|Out-of-State||$2,157.00 (per credit)|
8 or Fewer Credits - $ 331.50
9 or More Credits - $ 641.50
MBA Association Fee
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.
Students who do not complete the waiver by September 30, 2023, will be billed the premium fee accordingly. Please refer to SHIP information below to waive SHIP or purchase/enroll in SHIP.
|Item||≤ 8 College Park credits||> 8 College Park credits|
|Student Counseling Center||$7.50||$15.00|
|If you are registered for class:||Payment is due:|
|By July 25, 2023||August 20, 2023|
|After July 26, 2023||September 20, 2023|
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-Instituional, 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.
A typical graduate level course that uses the university tuition rates would be charged the following:
$828.00 + $931.50 = $1,759.50 per credit - for Maryland Residents
$1,805.00 + $352.00 = $2,157.00 per credit - for Non-Residents
If a student is taking courses outside the business school, please contact smithfinancials@umd.
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. Students who do not complete the waiver by September 30, 2023, will be billed the premium fee accordingly.
- I have existing insurance: Students who have existing insurance and want to be credited for the school health insurance must submit a waiver. Once approved, the insurance charge will be removed from the student account. Click here to waive SHIP
- I want to enroll in SHIP: Students who do not have existing insurance need to enroll in the school health plan. Charges will be assessed on the student account for this insurance. Click here to purchase/enroll SHIP
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:
For general questions, please contact Smith Billing and Financial Aid via email at email@example.com.