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Applications for the Rice MBA are open. Round 2 deadline: January 16. Apply today.

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Tuition and Financial Aid

Full-Time MBA Tuition and Fees

Tuition for the 2025-26 Full-Time MBA andMD/MBA programs is $76,073 per year. A non-refundable enrollment deposit of$2,500 is due upon acceptance and will be applied towards the Fall semester charges.

Withscholarships awarded to 96% of Full-Time students, the actual cost of a Rice MBA can be significantly lower, making it one of the most affordable top-ranked programs in the country. Below is a detailed breakdown of the tuition and fees. 

Full-Time MBA

  •  Tuition Annual
    Full-Time MBA Tuition* (’25-26)$ 76,073

    *Tuition is charged a flat-rate per semester and is not assessed for enrolled credits exceeding 60. Please note tuition changes each year. Rates shown are current for Fall 2024.

  • Required FeesAnnual
    Graduate Student Association Fee $ 45
    Student Organization Fee $ 8
    Health & Wellness Support Fee$ 677
    MBA Activity Fee $ 500
    TOTAL MBA Fees$ 1,230
  • Optional Fees Annual 
    Health Insurance** $ 3,448
    Estimated Textbooks***$ 2,600
    Parking****$ 250 - $ 1,009

    **Rice University policy requires all students to have health insurance coverage. You may opt out of this coverage if you are enrolled in an alternative insurance plan that meets or exceeds institutional coverage standards. Students are billed for the annual Student Health Insurance plan in the Fall semester. Please see theStudent Health Insurance website for additional information.

    ***Students are responsible for purchasing their textbooks each semester. Textbooks may be purchased at theRice University Campus Bookstore or through any store or online vendor the student chooses.

    ****Students wishing to park on campus have multiple options at various price-points. Parking permits for the 2024-25 academic year may be purchased beginning July 1, 2024. Additional information may be found on theRice University Parking website. 

Interested in Rice Business?

 

A Rice MBA is Worth The Investment

Rice Business Professor James Weston explains why a Rice MBA is a positive return on your investment.

Rice Business Full-Time MBA Scholarships

Rice Business is the 2nd most affordable MBA in the top 25, according toPoets & Quants.96% of our Full-Time MBA students receive merit-based scholarships, with an average award of $81k.

All admittedfull-time MBA students (domestic and international) are automatically considered for merit-based scholarships as part of the application review process. Applicants will be notified of any scholarship support at the time of admission to the university. 

  • Named in honor of former Rice University Board of Trustees Chair James Crownover ’65, the scholarship supports selected students financially and provides an avenue for Jim himself to work directly with Crownover Scholars and finalists by sharing his experience on leadership success and community contribution, plus introducing students to relevant business leaders in their chosen fields. Historically, this scholarship is for students interested in a career in management consulting. For questions about the program, please contact Rice Business Admissions,ricemba@rice.edu.

     

  • This program was established to recognize individuals with demonstrated academic excellence and inspired leadership, as exemplified by Janice and Robert McNair. One recipient will be selected each academic year and receive full-tuition benefits during the two-year program as a Rice Business student. For questions about the program, please contact Rice Business Admissions,ricemba@rice.edu.

     

  • The Military Scholars Program will provide scholarships to cover tuition, fees and expected living expenses for selected active or veteran military applicants who wish to pursue their educational dream of obtaining a Full-Time Rice MBA degree. For more details, visit theMilitary Scholars Program page

  • Forté Fellowships are prestigious, competitive awards that are recognized within the business school community and beyond. Forté Fellows exhibit exemplary leadership, represent diverse backgrounds, and demonstrate a commitment to advancing women in business — all of which aligns with Forté's mission. All students in the Rice MBA program have access to Forté Member benefits. 

An MBA is not just a degree; it's a strategic investment you make in yourself — two years of time, money and effort for a lifetime of dividends. At Rice Business we make it easy for you to enjoy your return on investment. But don’t just take our word for it; the numbers show a high financial ROI. Here's how to calculate it.

Learn More

Financial Aid Resources

Rice Business is committed to helping you explore financing options so that you make informed decisions. Check out our Financing Your Degree page to learn more about various financial aid and military funding options. Your dedicated Student Financial Services team is conveniently located in McNair Hall and is available to assist with all your financial aid needs.

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