Program Overview and Tuition Structure
The Fayetteville State University (FSU) online MBA is designed for working professionals who need flexibility. Tuition is billed per credit hour, with the current rate set at $1,200 per credit. The full program requires 45 credit hours, so the base tuition total comes to $54,000 before any discounts or financial aid.
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Discounts and Waivers
FSU offers a few ways to reduce the cost:
- In‑state tuition discount: Residents of North Carolina qualify for a 15% reduction, lowering the per‑credit rate to $1,020.
- Early‑bird payment plan: Pay the entire program fee 90 days before the first semester to receive a 5% discount.
- Employer sponsorship: Many companies partner with FSU to cover a portion of tuition; verify eligibility with the university's career services.
Financial Aid Options
FSU's online MBA admits several federal and institutional aid routes:
- FAFSA: Complete the Free Application for Federal Student Aid to determine eligibility for grants and loans.
- Institutional Grants: The university offers up to $3,000 per year for students meeting GPA and enrollment criteria.
- Scholarships: The FSU MBA Scholarship Fund awards annual awards ranging from $2,000 to $10,000 based on merit and leadership potential.
Payment Plans
To ease cash flow, FSU provides several installment options:
- Monthly plan: $450 per month over 12 months, no interest.
- Quarterly plan: $1,350 every quarter, also interest‑free.
- Semester plan: Pay per semester; each semester costs $1,800 (in‑state) or $2,200 (out‑of‑state).
Comparing Costs: FSU vs. Regional Peers
| University | Tuition per Credit | Program Total (45 cr) |
|---|---|---|
| Fayetteville State University | $1,200 | $54,000 |
| North Carolina State University | $1,400 | $63,000 |
| Wake Forest University | $2,000 | $90,000 |
Budgeting Tips for the Online MBA Journey
Beyond tuition, consider these recurring expenses:
- Course materials: $200–$400 per year.
- Technology fee: $150 annually for software and support.
- Travel for occasional in‑person sessions: $300–$500 per semester.
Set aside a dedicated savings account and automate monthly contributions to stay on track.
How to Apply and Start the Program
Applications open twice yearly. Submit transcripts, a resume, and two letters of recommendation. Upon acceptance, complete the FAFSA and any scholarship applications before the enrollment deadline. Once admitted, you'll receive a welcome packet with course schedules, online platform access, and financial aid documentation.