Tuition and Aid

An overview of tuition and support opportunities for students in the Penn State Smeal Executive MBA Program in Philadelphia.

Penn State Smeal Executive MBA tuition for the class entering in August 2022 is $102,000. This fee covers tuition, fees, textbooks, specialized course software, executive coaching, and meals, break service, and lodging for overnight stays associated with the three University Park residencies and alternating class weekends at Union League Liberty Hill. For the global immersion elective course, the hotel room and some meals are provided during the international trip. In addition, every graduate has the option to complete one of the Penn State Smeal online graduate certificates within three years post-graduation. This allows all students to receive the Strategic Leadership concentration through the Executive MBA curriculum while allowing each individual to choose an area of specialization. 

The Smeal EMBA does not provide students with laptop computers since we have found that many prefer the ability to use their existing laptop (personal or work). Discounts offered through Penn State's technology store are available for all registered students. Visa, passport, air travel costs, and some meals related to the global immersion trip are not covered. Books and materials for online courses are not included in the program cost. 

Contact Us: If you would like to chat with someone about payment and billing options, email Tara Banerjee at

Financial Aid

Among top executive MBA programs nationwide, more than 60 percent of students cover some or all of the program costs on their own. Lack of or limited corporate financial support should not be a barrier to your enrollment. Several student loan products are available to help cover the costs of the program.

Most candidates are eligible for the federal Stafford Loan Program, which provides up to $20,500 in low-interest federal student loans per academic year. In addition, federal graduate PLUS loans can cover any remaining costs of the program. Low interest rates and flexible repayment timelines make these products an attractive option for those considering an executive MBA. To learn more about financial aid options, please contact us.

Early Commitment Incentive

Students who make an early commitment to attend the Smeal Executive MBA will receive a tuition discount. Student must complete the application process, be offered admission, and submit a $1,500 non-refundable enrollment deposit within the deadlines in order to receive this incentive. Enrollment deposits are credited toward the tuition charges for the first semester. Tuition discount amounts will be applied to second-year tuition charges. Please see the table below for the rolling deadlines. 

Early Commitment Incentive Deadlines
Early Deadline Enrollment Dates Discount Amount
November 30, 2021 $2,100
December 31, 2021 $1,800
January 31, 2022 $1,500
February 28, 2022 $1,200
March 31, 2022 $900
April 30, 2022 $600
May 31, 2022 $300


Penn State's Smeal College of Business is pleased to be able to award limited scholarships to successful applicants based on merit. All those admitted to the Smeal EMBA will be considered for scholarships, with those completing applications by May 1, 2022 given priority.

Penn State Alumni Fellowship Award

Students who have completed a degree through Penn State University are eligible to receive a one time award of $5,000 toward their EMBA tuition. Penn State Alumni should contact us to learn more and confirm eligibility.