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 of 2019 is $102,000. This fee covers tuition, textbooks, basic supplies, specialized course software, as well as all meals and lodging for overnight stays associated with the two University Park residence weeks, the alternating weekends at the Chubb Hotel & Conference Center, and the entrepreneurship and global immersion electives. In addition, every graduate has the option to complete one of Penn State Smeal’s online graduate certificates within three years post-graduation. This allows all students to receive the Strategic Leadership concentration through the EMBA curriculum while allowing each individual to choose an area of specialization. There is a $65 additional application fee for those who engage in an online graduate certificate.

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, non-program food, and air travel costs related to the global immersion are not covered.

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.

All 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 Program will receive a tuition discount. Student must apply, be accepted, and submit their $1,500 enrollment deposit within the deadlines in order to receive this incentive. Enrollment deposits are credited toward the tuition 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, 2018 $2,100
December 31, 2018 $1,800
January 31, 2019 $1,500
February 28, 2019 $1,200
March 31, 2019 $900
April 30, 2019 $600
May 31, 2019 $300

Scholarships

The Smeal Executive MBA program offers limited scholarship funds each year to selected students indicating a financial need who receive little to no financial sponsorship from their organizations. 

If you would like to apply for a scholarship, please complete the following by April 1, 2019

  • Discuss your financial needs with managing director, Teresa Avery. You can contact her directly via email at tja152@psu.edu
  • Submit an essay of approximately 500 words indicating your financial need and your sources of funding for the program, including amounts (corporate sponsorship, student loans, personal funds, etc.)
  • In order to be considered for a scholarship, students must also complete the Free Application for Federal Student Aid (FAFSA).

Recipients will be selected on a merit basis by the admissions committee. If you have questions about the scholarship process, please contact us.

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 towards their EMBA tuition. Penn State Alumni should contact us to learn more and confirm eligibility.