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MBA Statistics · Oneday Research

Online MBA Cost: 20 Accredited Online MBA Programs That Publish Transparent Tuition

This report analyzes tuition data for 20 accredited online MBA programs, compiled from each program's official cost page rather than third-party estimates. The median total tuition across these programs is $49,575, with total tuition ranging from $14,520 to $147,648.

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4 stats to remember

Key Takeaways

  • The median total tuition across the 20 programs is $49,575, which is close to double the national median.
  • Private schools average $60,873, $728 more than the $60,145 public average.
  • The gap between the cheapest and most expensive program is $133,128.
  • New graduate borrowers can take out up to $20,500 a year in federal loans at 8.07% interest. The government has ended Grad PLUS loans for new graduate borrowers.

We selected these 20 programs using three criteria: each is accredited, each publishes its own tuition on an official cost page, and together the set spans a broad range of price points, program lengths, and public and private institutions. This is not a ranking and does not represent the largest online MBA programs; it's a representative cross-section of programs with transparent, verifiable pricing.

Total Tuition at Each of the 20 Programs

The table below ranks all 20 programs by total published tuition, from least to most expensive. It also shows how each school bills tuition. Fees beyond tuition are not included unless the school bundles them into one price.

  • LSU Shreveport MBA (LSU Online)

    Public or Private
    Public
    Total Tuition
    $14,520
    How the School Bills It
    30 credits at $484

  • Southern New Hampshire University Online MBA

    Public or Private
    Private
    Total Tuition
    $19,770
    How the School Bills It
    30 credits at $659

  • Boston University Questrom Online MBA

    Public or Private
    Private
    Total Tuition
    $25,000
    How the School Bills It
    6 modules at $4,167, 45 credits

  • University of Illinois Gies iMBA

    Public or Private
    Public
    Total Tuition
    $27,288
    How the School Bills It
    72 credits at $379, tuition and fees

  • Oneday Entrepreneurial MBA (via William Jewell College)

    Public or Private
    Private
    Total Tuition
    $32,800
    How the School Bills It
    Flat price, all-in

  • UMass Amherst Isenberg Online MBA

    Public or Private
    Public
    Total Tuition
    $33,300
    How the School Bills It
    36 credits at $925

  • University of Nebraska-Lincoln MBA

    Public or Private
    Public
    Total Tuition
    $34,080
    How the School Bills It
    48 credits at $710 (2025-26 pricing), one rate for everyone

  • Ohio University Online MBA

    Public or Private
    Public
    Total Tuition
    $34,125
    How the School Bills It
    35 credits at $975, Ohio resident ($34,895 non-resident)

  • LSU Flores MBA (LSU Online)

    Public or Private
    Public
    Total Tuition
    $40,140
    How the School Bills It
    36 credits at $1,115, no out-of-state fees

  • Northeastern D'Amore-McKim Online MBA

    Public or Private
    Private
    Total Tuition
    $46,150
    How the School Bills It
    50 credits at $923

  • UT Dallas Jindal Customized Online MBA

    Public or Private
    Public
    Total Tuition
    $53,000
    How the School Bills It
    53 credits at $1,000 (2024-25 pricing, most recently published)

  • University of Arizona Eller Online MBA

    Public or Private
    Public
    Total Tuition
    $56,250
    How the School Bills It
    45 units at $1,250

  • University of Florida Warrington Online MBA (two-year)

    Public or Private
    Public
    Total Tuition
    $59,882
    How the School Bills It
    Flat price, tuition and fees, same for all residents

  • Penn State World Campus MBA

    Public or Private
    Public
    Total Tuition
    $61,728
    How the School Bills It
    48 credits at $1,286

  • University of Maryland Smith Online MBA

    Public or Private
    Public
    Total Tuition
    $83,184
    How the School Bills It
    48 credits at $1,733

  • Syracuse Whitman Online MBA

    Public or Private
    Private
    Total Tuition
    $93,870
    How the School Bills It
    45 credits at $2,086

  • Indiana University Kelley Direct Online MBA

    Public or Private
    Public
    Total Tuition
    $94,944.42
    How the School Bills It
    54 credits at $1,758.23

  • University of Michigan Ross Online MBA

    Public or Private
    Public
    Total Tuition
    $124,000
    How the School Bills It
    57 credits, in-state ($134,000 out-of-state)

  • UNC Kenan-Flagler Online MBA

    Public or Private
    Public
    Total Tuition
    $125,589
    How the School Bills It
    62 credits, school estimate (AY2025-26 pricing)

  • Carnegie Mellon Tepper Online Hybrid MBA

    Public or Private
    Private
    Total Tuition
    $147,648
    How the School Bills It
    192 units at $769

Key Insights

  • The Gies iMBA charges $379 per credit, the lowest rate in the table, but requires 72 credits.
  • The most expensive program costs about 10.2 times more than the cheapest.

Public vs Private Online MBA Cost

Knowing whether a program is public or private tells you almost nothing about what it will cost, as there is a wide range of tuition costs across both sectors.

  • Public universities (14)

    Median Total Tuition
    $54,625
    Average Total Tuition
    $60,145
    Lowest
    $14,520
    Highest
    $125,589

  • Private schools (6)

    Median Total Tuition
    $39,475
    Average Total Tuition
    $60,873
    Lowest
    $19,770
    Highest
    $147,648

  • All 20 programs

    Median Total Tuition
    $49,575
    Average Total Tuition
    $60,363
    Lowest
    $14,520
    Highest
    $147,648

  • National benchmark, all US online MBAs

    Median Total Tuition
    $25,380
    Average Total Tuition
    $30,781
    Lowest
    Under $8,000
    Highest
    Over $130,000

Online MBA vs Full-Time MBA Cost at the Same School

Four schools publish both online tuition and annual full-time tuition, allowing us to compare the costs. We doubled the full-time rate for a two-year degree and used the in-state rate when available. At two of the four schools, the online degree costs less.

  • Boston University Questrom

    Online MBA
    $25,000
    Full-Time MBA, Two Years
    $148,944
    Difference
    Online saves $123,944

  • Indiana University Kelley

    Online MBA
    $94,944.42
    Full-Time MBA, Two Years
    $59,146 in-state; $111,390 out-of-state
    Difference
    Online costs $35,798 more (in-state); online saves $16,446 (out-of-state)

  • University of Michigan Ross

    Online MBA
    $124,000
    Full-Time MBA, Two Years
    $157,172 (in-state)
    Difference
    Online saves $33,172

  • UNC Kenan-Flagler

    Online MBA
    $125,589
    Full-Time MBA, Two Years
    $110,940 (in-state, tuition and fees)
    Difference
    Online costs $14,649 more

Note: BU and UNC figures include mandatory fees. Kelley's figure is tuition-only; Kelley also charges a separate $2,423 annual mandatory fee not reflected here. Ross's figure is tuition-only; Ross also charges a small mandatory fee of $246.89 per term not reflected here. Doubling year-one tuition assumes no annual increase; UNC's own site states tuition is expected to rise 3 to 10% each year.

Federal Student Loans for Graduate Degrees in 2026-27

Federal loan rules changed on July 1, 2026. New graduate borrowers can no longer use Grad PLUS loans, which could cover the remaining cost of attendance after other federal aid. New borrowing limits also apply. The table below compares the 2026–27 limits with the rules in place before July 1, 2026.

  • Direct Unsubsidized Loan (the standard federal graduate loan), annual limit

    2026-27 Figure
    $20,500
    Before July 1, 2026
    $20,500

  • Total federal borrowing allowed for graduate study

    2026-27 Figure
    $100,000*
    Before July 1, 2026
    $138,500*

  • Lifetime cap across all federal student loans

    2026-27 Figure
    $257,500
    Before July 1, 2026
    Introduced July 1, 2026

  • Direct Unsubsidized Loan interest rate for graduate students

    2026-27 Figure
    8.07%
    Before July 1, 2026
    7.94% (2025-26)

  • Grad PLUS loans for new graduate borrowers

    2026-27 Figure
    No longer available
    Before July 1, 2026
    Available

Note: Both figures are lifetime aggregate limits that include any federal loans already borrowed as an undergraduate. They do not represent additional borrowing capacity reserved solely for graduate study.

Key Insights

  • Borrowing the annual limit for two academic years gives a student $41,000, enough to cover full tuition at 9 of the 20 programs.
  • At the three programs above $100,000, that $41,000 covers 28% to 33% of tuition. Students must cover the remaining cost through other sources.

Sources

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