MBA Program
MBA Admissions MBA ResourcesTuition, Fees, Financial Aid, and Billing for MBA Students
Tuition and Fees
Current tuition for the MBA program is $709 per graduate credit for Pennsylvania residents and $1,099 for non-PA residents. View the current tuition schedules and fees at Tuition chart.pdf. Please note that tuition adjustments are finalized annually in July; new tuition rates become effective in the fall semester.
Financial Aid Resources
- Graduate Assistantships
- Graduate Work Study or Wage Payroll positions
- Graduate Student Loans
- Graduate Scholarships
-
Tuition Deferment with Employer's Tuition assistance
Graduate Assistantships ... All positions are filled for the fall 2009 through summer 2010 semesters.
For the next academic year, fall 2010 through summer 2011, application information will be available in March 2010.
Applicants must have applied to the MBA program prior to submitting an application for a GA position.
These Graduate Assistantship position descriptions do not change much from year to year; feel free to reference the application requirements and each individual in charge of accepting applications for the '10- '11 academic year.
Applications for GA positions will be accepted in late April/May 2010; interviews will be conducted soon after the application deadline.
1. Position Description for Center for Credit and Consumer Research 2. Position Description for Partnership-Erie 3. Position Description for Erie Economic InstituteAlthough positions may vary, Graduate Assistants typically work 20 hours per week beginning in the fall or summer semester and must plan to enroll as a full-time student (minimum of 9 credits per semester).
Graduate Assistants receive:
- a full tuition waiver (over $21,000)
- a monthly stipend ($13 to $17K per year)
- an opportunity to purchase health insurance at a group rate, and
-
an excellent opportunity to enhance one's resume
Graduate Work Study and Wage Payroll positions ... The following positions are accepting applications for the '09-'10 academic year (these are hourly rate positions; they do not include tuition waivers).
Wage Payroll position with Career Development Center Work Study position - MBA Student Representative - applicants must be full-time studentsGraduate Student Loans
Graduate students taking at least 5 graduate level credits (graduate level is considered 400 level and higher) in a given semester can apply for a Federal Stafford Loan after they have completed a Free Application for Federal Student Aid (FAFSA). The FAFSA is available on-line; paper applications can be obtained from the Penn State Behrend Financial Aid Office at 814- 898-6162. The Title IV code for all Penn State locations is 003329.
A maximum of $8,500 may be borrowed per academic year in subsidized Federal Direct Stafford Loan funds and $12,000 per year in unsubsidized Federal Direct Stafford Loan funds. Additional loans can be obtained through the Federal Direct Graduate PLUS Loan.
Full-time students, who apply for financial aid by February 15 of each year, will be considered for the Federal Perkins Loan and the Federal College Work-Study Program. Under the work-study program, students work about 10 hours per week for an hourly wage ($10.00). In most cases, MBA students assist faculty members with ongoing research projects.
Scholarships
Penn State Behrend awards several scholarships to new and continuing MBA students who have demonstrated outstanding academic achievement. Scholarships will equal the tuition cost of 3 graduate credits. By completing this application, the applicant will be considered for the following scholarships:
· Catherine and Mark Loevner Scholarship · B.J. and Barbara Walker ScholarshipCurrently enrolled MBA students must submit the scholarship application by May 1 for the upcoming academic year.
New MBA students are considered on a rolling basis upon admission to the MBA program. Priority is given to students who do not have other sources of funding such as tuition reimbursement from an employer or a graduate assistantship.
Tuition Deferment through Employer's Tuition Assistance Plan
Penn State Behrend allows those students who have employer reimbursement to defer tuition payment, usually to the end of the semester. To exercise this option, students must have their employer file a Tuition Reimbursement Approval Form with the Penn State Behrend's Bursar's Office each semester. The completed form can be faxed to the Bursar's Office at 814-898-7146.
Deferred
Payment Plan
Penn State's deferred payment plan allows students to defer payment of 2/3's
of their semester bill. This plan allows you to pay over a period of three
months with payments of 1/3 of the semester charges. The first 1/3 of
tuition, fees and room & board (if applicable) is payable by the due date of
the semester bill and the remaining 2/3's is payable over the subsequent two
months. There is a $45 fee to use this plan, payable with the first 1/3
payment.
Billing
Questions about billing, the deferred payment plan and tuition reimbursement can be answered by the Bursar's Office. Contact them directly at 814-898-6224.