Graduate Business Cost of Attendance


The Cost of Attendance (COA) is an estimate of educational expenses for the nine-month school year that is used to determine eligibility for financial aid. The COA includes tuition (based on the student's entry term and the number of credits for which the student enrolls) as well as an estimate of costs for other educationally related expenses. As an example, the 2021-22 COA for an incoming graduate business student enrolled for six credits each term and residing off campus is as follows:

Richmond MBA (at 6 hr/s term, 12 hours total)

Tuition (charges billed by UR) $17,280
Other Estimated Costs
  • Room, board, utilities
  • Books & supplies
  • Personal expenses
  • Auto allowance
  • Direct loan fees, if applicable
Total of Other Estimated Costs  $17,470 $17,470
Total Cost of Attendance $34,750


  1. Tuition, per credit hour, for students entering the program in the 2021-22 academic year is $1,500. Tuition, per credit hour, for students entering the program prior to summer 2021 is $1,470. Tuition, per credit hour, for students entering prior to summer 2020 is $1,440. The COA estimate for tuition will vary depending on the number of classes or credits in which the student is enrolled.
  2. The COA estimates the cost for books and supplies at $150 per course.
  3. The COA estimate for room, board, and utilities will vary depending on whether the student lives on-campus, off-campus, or with parents. MBA students living with their parents will have a total Cost of Attendance of $25,750.
  4. Financial aid received by a student, from all sources, cannot exceed the Cost of Attendance.