Eastern Michigan University
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Financial Assistance & Cost

Recognizing that not all students will receive funding from an employer to pursue their graduate degree, the College of Business wants to make students aware of funding options. Although tuition at EMU is among the least expensive in the State of Michigan, pursuing an MBA can still be a costly endeavor with tuition and fees, textbooks, and other incidentals. As such, the majority of students in the MBA program require some type of financial assistance. Domestic students may pursue financial aid in the form of federally-funded student loans. Students must first complete the FAFSA, indicate EMU as the school, wait for the loan application to be processed, and, if approved, accept the loan via the my.emich account “student” tab. Visit EMU’s Office of Financial Aid website for further information.

The EMU Graduate School offers a number of scholarship opportunities for newly admitted students with a high incoming GPA. Students who are not currently employed may wish to look into the availability of Graduate Assistantships as a desirable form of financial assistance. International students admitted into their first Master’s program with at least a 3.2 GPA as evaluated by Educational Perspectives will automatically receive some type of scholarship. Priority application deadlines must be followed for scholarship consideration and eligibility. Visit the Graduate School Financial Assistance website for more information about scholarships/fellowships, international scholarships, and graduate assistantships.

Current MBA students who have distinguished themselves in the classroom and beyond may apply for College of Business Scholarships. There are three MBA-specific scholarships, and some academic department-specific scholarships also allow for graduate student status.

Use the EMU tuition calculator to get an estimate of tuition and fees costs for the MBA program (under current academic year rates, subject to change). Remember, students who had an undergraduate business major may require as few as 36 credit hours for the MBA program, and students who took no undergraduate business courses may require as many as 54 credit hours. Use these figures accordingly in the calculator.

The Master of Business Administration is part of the College of Business, 300 West Michigan Avenue, 473 Gary Owen Building