Tuition and Financial Aid

Tuition and Financial Aid

The 20-month Leadership Executive MBA (LEMBA) takes place over six quarters (two academic years). Tuition is $16,500 per quarter and is billed in six quarterly installments. The quarterly cost remains the same over the course of the program.

This cost includes tuition, fees, textbooks and course materials, meals and lodging at residential sessions, continental breakfasts and lunches on class days, and food and refreshments at various hosted events. On-campus parking and graduation regalia are not included in tuition.

The University awards several scholarships to LEMBA students that are designed to support leaders whose professional experience reflects their commitment to one or more of the following areas: Academic Excellence, Service and Leadership, Community, and Global Engagement. Awards are dispersed equally across the six quarters of the LEMBA program. Applications for scholarships are accepted in June and July, and details about the scholarship application and process are made available to admitted students in early June. Executive Leadership Certificate students and students that join or postpone acceptance of admissions to the LEMBA program until after July 15 are not eligible to apply.

Financial Aid Information

There are two sources for loans for the Leadership Executive MBA program:

These programs are not based on need, income, or credit. The maximum amount one can borrow per year is $20,500 through the Federal Stafford Direct Loan program and/or up to the full tuition amount through the Graduate Plus Loan.

To apply for a Federal Stafford Direct Loan, fill out a Free Application for Federal Student Aid (FAFSA) on line at or on paper and submit it to the address included on the application. If you are offered admission to the Leadership Executive MBA program and your FAFSA is approved, the University will send you a financial aid eligibility letter.

For more information on Financial Aid options, please contact Student Financial Services at  or (206) 220-8020.

Veterans planning to use GI Bill benefits can find information on our Veterans Education Benefits page. For details and additional information, please contact our VA School Certifying Official at 206-296-5833 or

To apply for financial aid, you must be a permanent U.S. resident, must not be in default on a prior federal student loan, and must have registered for the draft if required by law to do so. Depending on credit worthiness, LEMBA students may also qualify to borrow up to the full amount of tuition through the Graduate Plus Loan.

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It's a big financial commitment but if you consider how this is going to pay off over the remainder of your professional career, it's a pretty remarkable value.

Keith Boyd, LEMBA '18 Director of Business Program Management at Microsoft