TUITION AND Tuition grants
Below is a sample total tuition estimate that applies to students who begin the program in Fall 2023: The 2023-2024 cost per credit is $642 before a tuition grant is applied. Total tuition for the MBA program is approximately $26,964. If entering Summer 2023, your cost per credit hour is $623 before the increase in Fall 2023.
Augsburg offers Tuition Grant Programs. A student may use one tuition grant. The grants are $80 per credit, amounting to $3,360 over the MBA program. Tuition grant programs are listed below:
Alumni Grant – Augsburg University graduates receive a grant of $80 per credit for the entire program.
Americorps/Peace Corps/Lutheran Services Corp Tuition Grant – Students who have completed a term of service with AmeriCorps, Peace Corps, or Lutheran Volunteer Corps receive a grant of $80 per credit for the entire program.
Legacy Grant – Student’s who have had parents, grandparents, siblings or a spouse who received their degree from Augsburg University are eligible for this grant. The grant amount for the for graduate programs is $80.00 off per credit. This grant is made available to students at the time of their admission only and may not be used concurrently with any other institutional scholarship or grant program.
Military Grant – Students who have served in the United States Military receive a grant of $80 per credit for the entire program.
Parent Grant – Students who have a child who is currently attending Augsburg University are eligible to receive a grant. The grant continues for the parent/guardian until the parent/guardian graduates. The graduation timeline for the child has no impact on the grant continuing for the parent/guardian. The grant amount for graduate programs is $80.00 off per credit.
Partnership Grant – Students who are employed by one of Augsburg’s partner organizations at the point of admission or once in the program receive a tuition grant of $80 per credit for the entire program. Learn more about the Partnership grant, and see a list of our partner organizations.
Partnership Referral Grant – Student’s who have a referral from someone that could have qualified for a partnership grant (ex: spouse that works at Wells Fargo) are eligible for this grant. The grant amount for graduate programs is $80.00 off per credit. This grant is made available to students at the time of their admission only and may not be used concurrently with any other institutional scholarship or grant program.
**For information on financial aid or tuition grant programs, visit the Student Financial Services page.
$23,604 for students with a Tuition Grant
Base Tuition: $26,964
Tuition Grant Program: -$3,360
Total Tuition: $23,604
Tuition Reimbursement Payment Plan – If your employer provides tuition assistance, you can participate in Augsburg’s employer tuition reimbursement program, which defers your tuition bill to 60 days after the end of the semester.
Federal Student Loans – Many graduate students are eligible to receive Federal Student Loans. For information on applying for Federal Aid, visit the Student Financial Services Page.
Refer to the Student Financial Services page for the current base per-credit tuition rate. There are 42 credits in the MBA program.