Tuition & Financial Aid

MBA - Tuition & Financial Aid - Cost of Attendance

Cost of Attendance

Class of 2022 Cost of Attendance

Class of 2022: visit the Darden Enterprise Portal to view the cost of attendance.


Class of 2023 Cost of Attendance

The 2021–2022 academic year cost of attendance is provided below.


The official cost of attendance for the Class of 2024 should be available at the beginning of March 2022. The average tuition increase among top MBA programs around the world is historically in the 3-5% range per year. As students plan for their education, they should plan for an annual tuition increase in this range.

Class of 2023:


Virginia Residents Non-Virginia Residents International Students
Tuition & Fees $69,600 $72,600 $72,800
Darden MBA Case Fees $1,100 $1,100 $1,100


Aetna Student Health Insurance*

$3,148 $3,148 $3,148
Living Expenses** $18,430 $18,430 $18,430
Computer $1,300 $1,300 $1,300
Transportation $1,000 $1,000 $4,000
Federal Loan Fees*** $2,278 $2,278 --
Total Costs $96,856 $99,856 $100,778

*Only students enrolled in the Aetna Student Health Insurance plan will be billed for Aetna Student Health Insurance.  

**Note that the living expenses determined by UVA Darden for your COA is only for 9 months when you are enrolled in classes. Cost broken down per month ($2,047/month for 9 months; $1,535/month for 12 months).

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

International students using these figures need to allot an additional $7,000 for a spouse and $4,000 for each additional dependent on the I-20; family members cannot be included in the cost of attendance when applying for a loan.

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) 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 (2021–2022 academic year) of your program. Mark your calendar to reapply for financial aid in the spring for your Second Year (2022–2023 academic year) COA.

Please note you cannot receive Darden financial aid during the summer when you are not enrolled in classes.

Direct costs include:

  • Tuition and fees billed each semester
  • Darden MBA case fees
  • Health insurance, if purchased from the University

Indirect costs include:

  • Living expenses
  • Computer
  • Transportation
  • Federal loan fees, if federal loans are borrowed