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Online MBA Cost: Average Fees Explained

Updated  2 sources

Average at top-ranked programs

$89,927

The headline figure above comes from GMAC and describes the average for the best-ranked U.S. online MBA programs. It is not an average across every program. Online MBA prices span a very wide range, from the lowest-cost programs in the table below to the most selective schools, so the top-ranked average sits in the upper part of the market. Most students will find programs below that number, and the tables below show where.

The figures come from GMAC and BusinessBecause, last checked on Oct 13, 2026. They are published tuition prices, and aid or employer sponsorship can reduce what a student pays.

Cost of the Cheapest Online MBA Programs

BusinessBecause ranks the lowest-cost U.S. online MBA programs by out-of-state tuition. Their prices are far below the top-ranked average.

Cheapest online MBA programs, out-of-state tuition

Item Price
American College of Education $9,109
Eastern University $9,900
Northeastern State University $11,540
University of Texas Permian Basin $11,729
Sam Houston State University $11,990
Florida Gulf Coast University $12,322
Arkansas Tech University $12,577

Source: BusinessBecause: Affordable online MBA programs

American College of Education lists $9,109, and Eastern University lists $9,900. Northeastern State University is at $11,540, the University of Texas Permian Basin at $11,729, and Sam Houston State University at $11,990. Florida Gulf Coast University lists $12,322, and Arkansas Tech University lists $12,577. These are tuition figures for out-of-state students, so residents of the state where the school sits may pay less, and fees can add to the total.

Online MBA Cost at Ranked Schools

Ranked programs cover a wide price range. GMAC lists total program costs for several schools among the best-ranked U.S. online MBA programs.

Online MBA program costs at ranked schools

Item Price
University of Texas at Dallas (Jindal), Texas residents $58,198
University of Texas at Dallas (Jindal), out-of-state $95,697
University of Florida (Warrington) $59,882
Carnegie Mellon University (Tepper) $147,648
University of Kansas School of Business $37,590
Spears School of Business $18,315

Source: GMAC: Online MBA program costs

The Spears School of Business lists a total of $18,315, and the University of Kansas School of Business lists $37,590. The University of Florida's Warrington College is at $59,882. At the University of Texas at Dallas's Jindal School, Texas residents pay $58,198, while out-of-state students pay $95,697. Carnegie Mellon's Tepper School is at the high end with $147,648.

Residency matters at public schools, as the Jindal example shows.

Why Estimates Vary

Total cost estimates

Item Price
GMAC (top US schools) $89,927

Source: GMAC: Online MBA program costs

GMAC's $89,927 is the average cost of an online MBA at one of the best schools in the United States. That sample is built from top-ranked programs, which charge more than the typical program, and the cheapest programs in the table above charge a small fraction of it. One shows what a highly ranked school costs, and the other shows what the lowest-priced options cost.

Prices also differ by what a source counts. Some report tuition only. Others add fees, books, or required campus visits. Some programs charge per credit, which lets you control the total by choosing how many credits to take at a time.

Online vs On-Campus MBA Cost

Online programs can cost less overall than full-time on-campus programs, since students often do not need to relocate or leave work. Tuition alone is not always lower, though. Top-ranked online programs can charge as much as some campus programs. When you compare, include the cost of lost income, housing, and relocation for the on-campus option, and the cost of technology and any required in-person sessions for the online one.

What Affects Online MBA Cost

  • School ranking and brand. Higher-ranked programs generally charge more.
  • Public or private. Public schools charge residents less, and out-of-state students more.
  • Credit hours. Total tuition depends on how many credits the degree requires.
  • Pace. Accelerated programs can finish sooner, and part-time pacing spreads the cost over more time.
  • Fees. Technology, student services, and residency requirements may add costs.

Paying for an Online MBA

Check what each school offers before you rank programs by price. Many online students work full time, and some employers cover part of the tuition. Ask your employer about tuition benefits, and ask a licensed tax professional how any benefit is taxed. Schools may offer scholarships, and federal student loans are available for eligible programs through studentaid.gov.

Compare the net price after aid and employer help for each offer. A program with a higher sticker price can end up costing less.

Questions to Ask an Admissions Office

  • What is the total tuition for the whole program, and what fees apply?
  • Is tuition per credit or a flat rate?
  • Does the price differ for in-state and out-of-state students?
  • Are there required campus visits, and who pays for travel?
  • Is the program accredited, and by which body?
  • What financial aid is available to online students?

Frequently asked questions

How much does an online MBA cost?

GMAC reports an average of $89,927 for the best U.S. online MBA programs. Many other accredited programs cost much less. BusinessBecause lists some from $9,109.

What is the cheapest online MBA?

BusinessBecause lists American College of Education at $9,109 in out-of-state tuition, followed by Eastern University at $9,900. Check each school's site for current prices and fees.

Is an online MBA cheaper than an on-campus MBA?

Often, but not always. Online students save on relocation and can keep working. Some top-ranked online programs still charge high tuition, such as $147,648 at Carnegie Mellon's Tepper School.

Does in-state tuition matter for online programs?

At some public schools, yes. The University of Texas at Dallas lists $58,198 for Texas residents and $95,697 for out-of-state students.

Can I use financial aid for an online MBA?

Many schools offer scholarships to online students, and eligible programs may qualify for federal loans. Ask each school which aid applies to online enrollment.