When searching for the cheapest online MBA programs, lots of questions are sure to arise. That’s why we are here to make sure that these questions are answered in as timely a manner as possible. Those who are considering applying to MBA programs and are currently feeling wary of the costs would do well to read on and learn more. Did you know that the average tuition for a two-year MBA program will set you back up to $60,000?
However, there is nothing that says we have to go along with these rules. With online MBA programs, the entire system is flipped on its ear. The cheapest online MBA programs can provide all of the same benefits as their more expensive counterparts. This used to be one of the best-kept secrets of business school, but no more! Let’s take a closer look at these helpful tips and pointers so that readers can find out everything they need to know….
There are a few different categories to consider here, so let’s start by discussing the three cheapest online MBA programs in the United States:
1. Georgia Southwestern State University
This university provides a top-notch online MBA program that teaches students all of the morals and values that they are going to need to compete in today’s crowded marketplace. There is also a strong emphasis on the multicultural influences that serve as the driving force for the marketplace. With a tuition rate of $3,855 per year, it is highly affordable.
2. Fayetteville State University
As one of the top 20 Best Business Schools in the Southeast and as a Best Business School, according to the Princeton Review, Fayetteville State University should rank at or near the top of all of these lists. Nine different concentrations are offered, providing would-be students with no shortage of options. Finance, international business and finance concentrations are offered….at the low, low tuition cost of $6,488 per year.
3. University of Nevada
While the University of Nevada is known as a more traditional university, it also has one of the cheapest online MBA programs. They have received much praise from valuable outlets, such as U.S. News and World Report, and the Princeton Review. Tuition costs are just $5,000 per semester and the U.S. News and World Report ranked them at #33 on their 2018 list of Best Online Programs.
How Scholarships Can Help
Online MBAs are cheaper, of course, but those who would like to reduce these costs even further are more than welcome to seek out a scholarship as well. Internal scholarships and external financial help are also available to all prospective students. It all starts by taking the time to look around online. There is no shortage of sites that list available scholarships for online MBA students and these scholarships are often provided to under-served groups.
For example, women, veterans, and students from diverse ethnic backgrounds should be taking a closer look to see if there are any scholarship programs that are geared to their specific needs. Whether you are a part-time student or you plan on attending full-time, there is a wide range of scholarships to choose from.
That’s why so many students start their search with the universities where they qualify for a scholarship and continue from there. Students who already know which university they are going to apply to should always take a moment to speak with the finance department. In many instances, they are going to have scholarships available that the student may not have even been aware of at the time!
We wish all of our readers the best of luck. May all of you find the cheapest online MBA programs that suit you both financially and educationally.