Tuition, Fees & Financial Aid

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Tuition and Fees

LMU provides an excellent value for a quality MBA program. Tuition for the 2023–2024 academic year is $1,610 per unit.

The estimated total cost for the LMU MBA Program is based on completing the program in two years:

Tuition $82,110
Required University Fees * $1,500
Textbooks $2,150
Parking $1,716
Global Study and Travel $6,000
Total Estimated Two Year Cost $93,476

* University Fees are subject to change year to year and this estimate does not include mandatory health insurance which can be waived with proof of coverage. Please visit Student Accounts for more information.

Financial Aid

All need-based financial aid and most other aid awards at the Federal, State and University level are determined in whole or in part by the information submitted in the Free Application for Federal Student Aid. You can submit your FAFSA and apply for financial aid prior to applying for admission to LMU. Our Financial Aid Office recommends applying for aid as soon as possible. Visit Financial Aid for financial aid application instructions and other important information regarding the types of aid you may receive.

Only United States citizens and eligible non-citizens are able to receive federal or state-funded types of financial aid. International students should visit Financial Aid for more information.

Each year, Financial Aid prepares a student expense budget defining estimated standard allowances for education costs for graduate and professional students. This Cost of Attendance budget is used to determine a student's financial aid eligibility for scholarships, grants, loans and work awards. To view this information, please visit Financial Aid.

Departmental Scholarships

All MBA applicants who apply by the final deadline are automatically considered for all available scholarships; no special scholarship application is required. Scholarships are awarded based on the strength of the application, including previous academic record, test scores and work experience. Domestic and international students may qualify.

Dean's Ambassador Scholarships

The LMU MBA Program is looking for MBA students who embody the LMU College of Business Administration mission and core values to join our Dean’s Ambassadors. Students selected for this program will receive a $24,000 scholarship, an invitation to a private networking brunch with Dean Dayle Smith, and be part of the face of the LMU College of Business Administration. Learn more.

Military Applicants

At LMU, we encourage active duty military professionals and veterans to participate in our MBA Program. The program's rigorous, integrated curriculum is well-suited for building on the leadership experience gained through your service in the armed forces. LMU participates in the Yellow Ribbon Program where there are designated funds set aside for Executive MBA and MBA Program students.

Employer Tuition Assistance

Your employer may help support your education if it has a tuition assistance or educational reimbursement program. Levels of financial support and eligibility requirements for such programs vary.