Tuition and Financial Aid

Program Tuition

Executive MBA tuition for 2019-20 is $95,000 for both in-state and out-of-state residents. Tuition includes a $3,000 nonrefundable deposit and covers all courses, books and required materials, technology package (software), student and administrative fees, parking and meals on class days, and transportation, lodging, and some meals affiliated with the required residencies. The international round-trip airfare is not included in the tuition. The tuition rate is the same for both in-state and out-of-state students. Executive MBA tuition is charged in six installments. More information about the payment schedule is provided upon admission.

The Virginia Tech Board of Visitors establishes the tuition annually, typically in the spring. Therefore, please use the above figures as a guide in considering the cost of the upcoming fall term, but note that tuition is subject to annual changes. The established tuition at time of entry is guaranteed for the entirety of the 18-month program.

Financial Aid

While some of our Executive MBA students receive full or partial tuition assistance from their employers, many are either self-funded or apply for financial aid assistance.

Financial aid is available through Virginia Tech’s Office of University Scholarships and Financial Aid. Executive MBA students are eligible to borrow up to $20,500 in Federal Direct Unsubsidized Loans each academic year. Federal Grad PLUS loans are also available to EMBA students, which can cover the remaining balance of the tuition. (Please note that loans are not available to students accepted under Commonwealth status in their first semester of study.)

If you are a US Citizen or Permanent Resident and would like to apply for financial aid, please include your social security number (SSN) on the admissions application. If you did not provide your SSN, please contact the Graduate Admissions office for instructions to have it added to your application. You can reach the Graduate Admissions Office by calling 540-231-8636 or by email at grads@vt.edu.

For additional information about financial aid, please reach out to our main point of contact in Virginia Tech's Office of University Scholarships and Financial Aid:

Stephanie Breeding
Financial Aid Advisor
sbreed@vt.edu
540-231-5179

Important items to consider:

  • The Free Application for Federal Student Aid (FAFSA) is the application for federal student loans and is available January 1st.
  • You may file the FAFSA before you receive the admissions decision.
  • You may file the FAFSA with estimated tax figures if you have not submitted your federal tax return.
  • While there is no specific deadline for graduate students, we recommend you submit the FAFSA by early May to give us time to process your financial aid.
  • You should check with the EMBA office regarding any possible scholarships or assistantships. Our office only processes student loans for graduate students. Visit the financial aid website for additional information.

Scholarships

The Pamplin College of Business offers partial merit-based scholarships to assist working professionals earn their MBA while continuing their careers. No additional paperwork is required for consideration. Scholarship amounts are determined based on availability and the number of qualified recipients.

Scholarship funds will be applied evenly across the six Executive MBA installment payments.

Early application is encouraged, as the availability of scholarships is greatest at the beginning of the review cycle.