Tuition and Financial Aid

EMBA - Tuition and Financial Aid - Cost of Attendance

Cost of Attendance

First Year Cost of Attendance

The 2020–21 academic year cost of attendance is currently not available and is anticipated to be published at the beginning of March. However, planned changes to the tuition and Global Residencies for the Class of 2022 will be posted by mid-December. To help provide an estimate of the cost to attend Darden, use the figures below. A 3–5% increase in cost should be anticipated. 

This budget does not include living expenses. If you would like living expenses to be added to your cost of attendance, please email the Darden Financial Aid Office.

Second year students: visit the Darden MBA portal to view the cost of attendance.

  • EMBA

    EMBA Cost of Attendance

     

    Domestic Students*

    International Students

     

    Fall 2019

    Spring 2020

    Fall 2019

    Spring 2020

    Tuition and Fees

    $32,260

    $32,260

    $32,360

    $32,360

    Computer

    $1,500

    $0

    $1,500

    $0

    Books & Supplies

    $323

    $323

    $323

    $323

    Federal Direct Unsubsidized Loan Fee**

    $104

    $104

    --

    --

    Federal Direct Graduate PLUS Loan Fee**

    $730

    $730

    --

    --

    Travel Expense - Region 2***

    $248

    $248

    $248

    $248

    Subtotal

    $35,165

    $33,665

    $34,431

    $32,931

    Global Residencies (if enrolled)****

    $2,079

    $2,045

    $2,079

    $2,045

    Total with Global Residencies

    $37,244

    $35,710

    $36,510

    $34,976

    *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 to Rosslyn for residencies over the academic year. Review the regions and the corresponding figures below:

    Travel Region 1 - $1,511 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 - $248 per semester: District of Columbia and the following U.S. states: Maryland, North Carolina, Virginia and West Virginia.

    Travel Region 3 - $1,868 per semester: Arkansas, Iowa, Illinois, Kansas, Louisiana, Minnesota, Missouri, Montana, North Dakota, Nebraska, Oklahoma, South Dakota, Texas and Wisconsin.

    Travel Region 4 - $2,500 per semester: Arizona, California, Colorado, Idaho, New Mexico, Nevada, Oregon, Utah, Washington and Wyoming.

    Travel Region 5 - $6,594 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 1, 2, 3 or 4. More than 1 Global Residency may be completed, but you will be charged $3,500 per semester for additional residency you attend.  You will have additional out-of-pocket costs associated with each Global Residency. The cost for Summer 2020 and Fall 2020 have not been determined. Review the cost for Global Residencies for the Classes of 2018, 2019, 2020 and 2021.

    • GEMBA

      GEMBA Cost of Attendance

       

      Domestic Students*

      International Students

       

      Fall 2019

      Spring 2020

      Fall 2019

      Spring 2020

      Tuition and Fees

      $33,760

      $33,760

      $33,860

      $33,860

      Computer

      $1,500

      $0

      $1,500

      $0

      Books & Supplies

      $323

      $323

      $323

      $323

      Federal Direct Unsubsidized Loan Fee**

      $109

      $109

      --

      --

      Federal Direct Graduate PLUS Loan Fee**

      $862

      $862

      --

      --

      Travel Expense - Region 2***

      $138

      $138

      $138

      $138

      Subtotal

      $36,692

      $35,192

      $35,821

      $34,321

      Global Residencies****

      $2,079

      $2,045

      $2,079

      $2,045

      Total with Global Residencies

      $38,771

      $37,237

      $37,900

      $36,366

      *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 to Rosslyn for residencies over the academic year. Review the regions and the corresponding figures below:

      Travel Region 1 - $560 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 - $138 per semester: District of Columbia and the following U.S. states: Maryland, North Carolina, Virginia and West Virginia.

      Travel Region 3 - $1,038 per semester: Arkansas, Iowa, Illinois, Kansas, Louisiana, Minnesota, Missouri, Montana, North Dakota, Nebraska, Oklahoma, South Dakota, Texas and Wisconsin.

      Travel Region 4 - $1,389 per semester: Arizona, California, Colorado, Idaho, New Mexico, Nevada, Oregon, Utah, Washington and Wyoming.

      Travel Region 5 - $3,663 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 semester 1, 2, 3 and 4.  You will have additional out-of-pocket costs associated with each Global Residency.  The cost for Summer 2020 and Fall 2020 have not been determined.  Review the cost for Global Residencies for the Classes of 2018, 2019, 2020 and 2021.

    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 your residency status and if you will be receiving federal loans.

    Financial aid funds accepted in excess of the direct costs will be refunded to you usually within 2 business days of disbursement by the University of Virginia. Once a refund is processed, you should receive the funds within 2–3 business days after the refund date if you have Direct Deposit set up. Otherwise it will be 7–10 business days to receive a paper refund check. Checks will be mailed to your mailing address on file in the SIS.

    You must apply for financial aid on an annual basis. Your current financial aid application only covers the COA for the First Year (2020–2021 academic year) of your program. Mark your calendar to reapply for financial aid in the spring for your Second Year (2021–2022 academic year) COA.

    Direct costs include:

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

    Indirect costs include:

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