FEES AND FINANCIAL AID

MBA Fee Schedule

MBA Application Fee for Admission $0
Tuition 2023-2024 $770 per credit hour
Tuition 2022-2023 $760 per credit hour
Non-Refundable Registration Fee $100 per semester
Graduation Fee $115
Transfer Credit Fee $20 per course
Official Transcript Request $5 per request
   

Additional fees not listed here may also apply and are subject to change without notice.

2023-2024 Full Year Cost of Attendance Budget

*(for Graduate Programs, the tuition is calculated per credit hour and will vary per student)

  Full time on campus Full time with relative Full time off campus      
Tuition & Fees* $36,800 $36,800 $36,800      
Housing and Food $10,940 $2,200 $7,200      
Books and supplies $1,200 $1,200 $1,200      
Transportation $1,600 $2,300 $2,300      
Loan processing fees $210 $210 $210      
Personal Expenses $4,230 $4,230 $4,230      
Total $54,980 $46,940 $51,940      
Direct Cost $47,740 $36,800 $36,800      
Budget for 1 semester $27,490 $23,470 $25,970      
Direct Cost for 1 semester $23,870 $18,400 $18,400      
             
      Part time Student Budget      
             
  3/4 time on campus 3/4 time with relative 3/4 time off campus 1/2 time on campus 1/2 time with relative 1/2 time off campus
Tuition & Fees* $21,712 $21,712 $21,712 $15,824 $15,824 $15,824
Housing and Food $10,940 $2,200 $7,200 $10,940 $2,200 $7,200
Books and Supplies $900 $900 $900 $600 $600 $600
Transportation $1,200 $1,725 $1,725 $800 $1,150 $1,150
Loan Processing Fees $210 $210 $210 $210 $210 $210
Personal Expenses $4,230 $4,230 $4,230 $4,230 $4,230 $4,230
Total Budget $39,192 $30,977 $35,977 $32,604 $24,214 $29,214
Direct Cost $32,652 $21,712 $21,712 $26,764 $15,824 $15,824
Budget for 1 semester $19,596 $15,489 $17,989 $16,302 $12,107 $14,607
Direct Cost for 1 semester $16,326 $10,856 $10,856 $13,382 $7,912 $7,912

 

Financial Aid

Financial Aid is available to those who apply and qualify. Learn more >>

MBA Part-Time Student Grant provides a $150 per credit hour discount, up to $900 per semester, to part-time degree-seeking or certification-seeking students in good academic standing, subject to these restrictions:

  • Application forms required each semester are due within 10 days after the semester begins.
  • Students who receive tuition reimbursement from outside sources are not eligible.
  • Students may not use this grant in conjunction with other scholarships or aid plans.
  • Students must be enrolled in 6 hours or less to qualify.
  • MBA Part-Time Grant Voucher

MBA Not-for-profit (NFP) Grant provides a $250 per credit hour discount, up to $1500 per semester, to MBA students who are employees of public and not-for-profit organizations. The discount is available only to those currently receiving less than 50% of the cost of tuition and applies to a maximum of two courses per semester.

Employee Reimbursement /Tuition Deferment Program
Rockford University will defer your tuition payment until after you have completed the semester to allow time for your employer to reimburse you. The program is limited to reimbursable tuition costs only; registration fees and textbook costs are not eligible for deferment, even though you may receive reimbursement for these costs. Learn more about our Employer Reimbursement/Tuition Deferment Program >>

Apply Today!

Applications are open for the upcoming semester! Apply or contact us today to get started.

Applications are open for the upcoming semester!

Office of Admission

Johnson Center
5050 E. State Street
Rockford, IL 61108
815-226-4050
Admissions@rockford.edu

Hours:
Mon-Fri - 8:30 am to 5:00 pm
After hour appointments available by request