Costs & Financial Aid
All courses within the MBA program consist of 3 credit hours. Students who take fewer than 9 hours per term are considered Part-time, while full-time students take 9-12 hours per semester.
Note: Fees, conditions of assessment, and refund policies are subject to change without prior notice by action of the Tennessee Board of Regents (TBR). For the most current information, visit the Bursar’s Office website for more information.
The online MBA program does qualify for employer reimbursement. State Employees: The differential of the cost between campus-based and online courses is not covered by the state reimbursement plan.
- Graduate Assistantships
The College of Business offers a limited number of Graduate Assistantships each year. The assistantships are awarded each spring for the upcoming academic year. To apply, please complete the Graduate Assistant Application and submit it with your resume and a brief cover letter to Chris Kohl at ckohl@tntech.edu. The deadline to apply each spring is April 1st.
Due to the number of available assistantships, the award process is competitive. Some of the criteria we look for in selecting Graduate Assistants for the College of Business are…
1) Undergraduate GPA (overall) and GPA in Major
2) Undergraduate Major
3) Previous Work Experience
4) Participation in Clubs & Organizations
5) Software Skilled/Trained In (e.g. Excel, Adobe Photoshop, etc.)
6) Desire to serve as a Graduate Assistant specifically for the College of Business (detailed in the cover letter)
If you are not awarded an Assistantship, we encourage you to complete the FAFSA and apply for scholarships through Scholar Web. The Graduate Business Programs Office does award a number of academic scholarships each year to students pursuing their MBA at Tennessee Tech.
- Diversity Fellowships
In order to be considered for a diversity fellowship, applicants must be admitted in full standing to the Tennessee Tech Graduate School, demonstrate appreciation for and commitment to diversity, and meet at least two of the following criteria:
- Belong to an underrepresented racial/ethnic minority group (African-Americans/Blacks, Hispanics, American Indians/Alaskan Native, and Pacific Islanders)
- Be a resident of one of the educationally underserved/underrepresented areas
- Be a U.S. citizen or permanent resident and belong to an underrepresented/underserved gender in science, technology, engineering, mathematics, business, and nursing
- Demonstrate character, motivation and ability to succeed in graduate studies based on academic record and a written essay.
- Scholarships
Each fall, select graduate students are awarded scholarships from the College of Business Board of Trustees (COBBOT). Recipients are selected by the College of Business Selection Committee.
COBBOT is a great asset to the College and has helped many students. Since 1975, they have provided more than almost two million dollars in annual and endowed scholarships to business students. They have helped over 1,500 College of Business students to fulfill their dreams of graduation.
- Financial Aid
As a graduate student at Tennessee Tech, you may be eligible to receive multiple forms of financial aid. The FAFSA for financial aid consideration should be completed annually as soon as possible after January 1 to receive money for the upcoming academic year.
Depending upon your FAFSA application and your Estimated Family Contribution (EFC) for the 2023-2024 academic year OR Student Aid Index (SAI) for the 2024-2025 academic year, it is possible for a graduate student to qualify for a work study position. Although most graduate students who are US citizens or permanent residents are eligible for loans only, do not let that prevent you from filling out the FAFSA. Completing the FAFSA is your most important step in determining financial aid eligibility.
4 Ways to Afford Your MBA
Tuition Reimbursement
Many companies provide tuition benefits to their employees.
Scholarships
The college offers a limited number of Graduate Assistantships and other scholarship opportunities.
Financial Aid
You may be eligible for federal financial aid, which includes grants and loads.
Fast Track Program
Get a jump start on your MBS as an undergraduate student. Take up to six hours of graduate course work as electives.
