Tuition and Financial Aid

EMBA - Tuition and Financial Aid - Cost of Attendance

Cost of Attendance

Class of 2021 Cost of Attendance

Class of 2021: visit the Darden Portal to view the cost of attendance.

 

Class of 2022 Cost of Attendance

The 2020–2021 academic year cost of attendance is provided below, which consists of the Fall 2020 and Spring 2021 semesters.  This budget does not include living expenses. If a student would like the Full-Time MBA living expenses to be added to their cost of attendance, please email the Darden Financial Aid Office.

  • EMBA

    EMBA Cost of Attendance

     

    Domestic Students*

    International Students

     

    Fall 2020

    Spring 2021

    Fall 2020

    Spring 2021

    Tuition and Fees

    $32,380

    $32,380

    $32,480

    $32,480

    Computer

    $1,500

    $0

    $1,500

    $0

    Books & Supplies

    $470

    $470

    $470

    $470

    Federal Direct Unsubsidized Loan Fee**

    $104

    $104

    --

    --

    Federal Direct Graduate PLUS Loan Fee**

    $784

    $784

    --

    --

    Travel Expense - Region 2***

    $130

    $130

    $130

    $130

    Subtotal (with Region 2 travel)

    $35,368

    $33,868

    $34,580

    $33,080

    Global Residencies

    (if enrolled)****

    --

    $5,700 - $5,840

    --

    $5,700 - $5,840

    Total with Global Residencies (with Region 2 travel)

    $35,368

    $39,568 - $39,708

    $34,580

    $38,780 - $38,920

    *Domestic refers to both Virginian and non-Virginian residents. 

    **Federal loan fees are only included for borrowers of Federal loans

    ***The Travel Expense varies depending where you live, and it is estimated based on 9 round trips for domestic residencies over the academic year. Review the regions and the corresponding figures below:

    Travel Region 1 - $1,700 per semester: Alabama, Connecticut, Delaware, Florida, Georgia, Indiana, Kentucky, Maine, Massachusetts, Michigan, Mississippi, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, Tennessee, U.S. Virgin Islands and Vermont.

    Travel Region 2 - $130 per semester: District of Columbia and the following U.S. states: Maryland, North Carolina, Virginia and West Virginia.

    Travel Region 3 - $2,075 per semester: Arkansas, Iowa, Illinois, Kansas, Louisiana, Minnesota, Missouri, Montana, North Dakota, Nebraska, Oklahoma, South Dakota, Texas and Wisconsin.

    Travel Region 4 - $2,275 per semester: Arizona, California, Colorado, Idaho, New Mexico, Nevada, Oregon, Utah, Washington and Wyoming.

    Travel Region 5 - $6,012 per semester: Alaska, Hawaii and any location outside the United States.

    ****Global Residency Cost

    For the EMBA program, 1 Global Residency must be completed during your course of study.  The Global Residency may be completed in semester 2, 3, 4 or 5. More than 1 Global Residency may be completed, but you will be charged $4,200 per semester for additional residency you attend.  You will have additional out-of-pocket costs associated with each Global Residency. The costs for Summer 2021, Fall 2021, and Spring 2022 (for the second academic year) have not been determined.  To help estimate what those costs may be, please review the prior costs for Global Residencies for the Classes of 2018, 2019, 2020 and 2021.  The costs for the Spring 2021 semester for the Class of 2022 is also included.

    • GEMBA

      GEMBA Cost of Attendance

       

      Domestic Students*

      International Students

       

      Fall 2020

      Spring 2021

      Fall 2020

      Spring 2021

      Tuition and Fees

      $32,380

      $32,380

      $32,480

      $32,480

      Computer

      $1,500

      $0

      $1,500

      $0

      Books & Supplies

      $470

      $470

      $470

      $470

      Federal Direct Unsubsidized Loan Fee**

      $108

      $108

      --

      --

      Federal Direct Graduate PLUS Loan Fee**

      $895

      $895

      --

      --

      Travel Expense - Region 2***

      $130

      $130

      $130

      $130

      Subtotal (with Region 2 travel)

      $35,483

      $33,983

      $34,580

      $33,080

      Global Residencies****

      --

      $5,700 - $5,840

      --

      $5,700 - $5,840

      Total with Global Residencies (with Region 2 Travel)

      $35,483

      $39,683 - $39,823

      $34,580

      $38,780 - $38,920

      *Domestic refers to both Virginian and non-Virginian residents. 

      **Federal loan fees are only included for borrowers of Federal loans.

      ***The Travel Expense varies depending where you live, and it is estimated based on 9 round trips for domestic residencies over the academic year. Review the regions and the corresponding figures below:

      Travel Region 1 - $1,700 per semester: Alabama, Connecticut, Delaware, Florida, Georgia, Indiana, Kentucky, Maine, Massachusetts, Michigan, Mississippi, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, Tennessee, U.S. Virgin Islands and Vermont.

      Travel Region 2 - $130 per semester: District of Columbia and the following U.S. states: Maryland, North Carolina, Virginia and West Virginia.

      Travel Region 3 - $2,075 per semester: Arkansas, Iowa, Illinois, Kansas, Louisiana, Minnesota, Missouri, Montana, North Dakota, Nebraska, Oklahoma, South Dakota, Texas and Wisconsin.

      Travel Region 4 - $2,275 per semester: Arizona, California, Colorado, Idaho, New Mexico, Nevada, Oregon, Utah, Washington and Wyoming.

      Travel Region 5 - $6,012 per semester: Alaska, Hawaii and any location outside the United States.

      ****Global Residencies

      For the GEMBA program, 4 Global Residencies must be completed during your course of study.  The Global Residencies must be completed in semesters 2, 3, 4 and 5.  You will have additional out-of-pocket costs associated with each Global Residency.  The cost for Summer 2021, Fall 2021, and Spring 2022 have not been determined.  To help estimate what those costs may be, please review the prior costs for Global Residencies for the Classes of 2018, 2019, 2020 and 2021.  The costs for the Spring 2021 semester for the Class of 2022 is also included.

    What Does Financial Aid Cover?

    Financial aid may be utilized to cover the full Cost of Attendance (COA) for the program. The maximum amount of financial aid (including scholarships, loans and any other known resources excluding Veterans Benefits) for which you are eligible is limited to the total COA. The total COA varies based on where you reside and if you will be receiving federal loans.

    Financial aid funds accepted in excess of the direct costs will be refunded to the student usually within two (2) business days of disbursement by the University of Virginia. Once a refund is processed, the student should receive the funds within two to three (2–3) business days after the refund date if the student has Direct Deposit set up. Otherwise it will be seven to ten (7–10) business days to receive a paper refund check. Checks will be mailed to the mailing address on file in the Student Information System (SIS).

    Students must apply for financial aid on an annual basis. The student’s current financial aid application only covers the COA for the First Year in the 2020–2021 academic year (Fall 2020 and Spring 2021 semesters) of the program. Students are encouraged to mark their calendar to reapply for financial aid in the spring for their Second Year in the 2021–2022 academic year (Summer 2021, Fall 2021 and Spring 2022 semesters) COA.

    Direct costs include:

    • Tuition and fees billed each semester
    • Darden MBA case fees
    • Global Residency

    Indirect costs include:

    • Living expenses
    • Books and computer
    • Federal loan fees, if federal loans are borrowed
    • Travel to the domestic residencies