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Financial Information

Tuition

For 2016-17, the tuition for MBA students is $1,410 per credit hour. Late registrations are subject to a fee, and changes in registration made after the first week of class are subject to a fee.

The University reserves the right to increase the fees listed herein if conditions should make such changes necessary or advisable. The changes will be announced as far in advance as possible.

Note: Regardless of the University division in which a course is taken, the student pays the tuition and fees of the school to which he or she has been admitted and which is considered the school of record. Any special fee associated with a particular course, such as a laboratory fee, is charged based on registration in the course.

Students can pay their student account balance online by visiting BannerWeb, clicking on Student Services/Payment of Tuition and Fees/Payment of Tuition and Fees.

Scholarships

Partial scholarships are available to highly qualified applicants. For more information, please contact Associate Dean Randle Raggio at rraggio@richmond.edu

Time To Complete

The Richmond MBA requires students to complete 45 credit hours, which can be accomplished in as little as 24 months while maintaining the flexibility that has been a hallmark of our program. Those who wish to extend their time in the program to three years or more will be able to do so as well.

University of Richmond Refund Policy

General Fee Refund

Students are matriculated by semester. If a student withdraws from classes or is dropped from the University for whatever cause, a refund of fees for a fall or spring semester shall be made in accordance with the University's refund policy, based on the following schedule. This schedule is adapted for summer terms.

Students who withdraw from the University and who are receiving any financial assistance may be required to return such assistance per Public Law 668.22 and institutional policy. The University of Richmond complies with all federal regulations governing recipients of federal Title IV funds. Information regarding financial aid refund policies is available from the Financial Aid Office.

The amount of the refund is based on the date that written withdrawal notification is received in the Office of the Dean. Any special fee is non-refundable after the first day of class.

Tuition and Fees Refund (Spring and Fall Semesters)

This refund schedule applies to all classes including seven week classes (first half-semester and second half-semester).

Withdrawal on or before the first day of class

100% less deposits

Withdrawal during the first week of classes

100%

Withdrawal during the second week of classes

70%

Withdrawal during the third week of classes

50%

Withdrawal during the fourth week of classes

25%

Withdrawal during the fifth week of classes

25%

Withdrawal during the sixth week of classes

25%

Withdrawal after the sixth week of classes

None

Tuition and Fees Refund (Summer)

Withdrawal on or before the first day of term

100%

Withdrawal during the first week of term

50%

Withdrawal during the second week of term

50%

Withdrawal during the third week of term

25%

Withdrawal after the third week of term

None

Any special fee associated with a particular course is non-refundable after the first day of class.

"First Day of Class" means first day of each semester, not the first meeting date of a specific class. The amount of refund is based on the date that withdrawal notification is received in the Office of the Dean.

General Fee Refund Appeals Process

The University of Richmond has an appeals process for students who believe individual circumstances warrant exceptions from published policy. All appeals must be in writing and directed to Annemarie Weitzel, Bursar, Box R, University of Richmond, Virginia 23173, or to aweitzel@richmond.edu.

Financial Aid

Students who are degree candidates and registered for at least six credits in a given semester may be eligible for either need-based or credit-based educational loans. Contact the University Financial Aid Office, at (804) 289-8438, for more information.

Housing

The University does not provide housing facilities for graduate students, nor does it maintain a housing bureau.

Parking

All students must obtain a parking permit from the campus police office. A nominal fee is charged.

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The Richmond MBA

Robins School of Business
1 Gateway Road
University of Richmond, VA 23173
(804) 289-8553
mba@richmond.edu