Aerospace & Defense MBA

Tuition & Financial Aid

The program fee for the Aerospace & Defense MBA is $69,000, well below the national average for executive MBA programs.

The program fee includes:

  • All university tuition and fees
  • Books and materials, including course-specific software
  • Technical support for all software
  • Local transportation to and from classes and special events during residence periods
  • Two catered meals most days during residence periods

The program fee does not include:

  • Laptop computer (if needed, you can purchase a laptop at a discount through the UT Computer Store)
  • Travel to and from residence periods
  • Lodging during residence periods

Payment schedule:

The university invoices students or their sponsors for one third of the total tuition 30 days prior to the start of each semester.

  • Non-refundable advance program fee – 15 days after admission: $1,000
  • First installment deadline – January 12, 2017: $22,000
  • Second installment deadline – April 15, 2017: $23,000
  • Final installment deadline – August 15, 2017: $23,000

Financial Aid

Loans & Scholarships

Fellowships/assistantships are not available for the Aerospace & Defense MBA, but the program does qualify for federal financial aid. Learn about federal student loans and other need-based financial aid for graduate students at One Stop Express Student Services.

The federal government also offers a loan forgiveness program for graduates of the Aerospace & Defense MBA who work in the nonprofit/public sector.

Employer Sponsorship

Many applicants’ employers provide full or partial financial assistance, as the Aerospace & Defense MBA assignments relate directly to work and improve employee performance and retention. More on sponsorship negotiations.

Veterans' G.I. Bill Benefits

G.I. Bill benefits can be applied to tuition costs and can significantly reduce expenses for sponsoring employers and students. Applicants should contact UT’s Office of Veterans Affairs: utkva@utk.edu or 865-974-1500. Veterans interested in learning more about possibly utilizing G.I. Bill benefits to attend ADMBA should contact Ms. Jayetta Rogers in UT’s Veterans Resource Center at jrogers4@utk.edu or (865) 974-1500.   Details and eligibility guidelines for the Post-9/11 benefits, including the Yellow Ribbon Program, can also be found through the Department of Veterans Affairs.

Many veterans from states in the southeastern U.S. may be able to be classified as “in-state” students through a higher education cooperative program known as the Academic Common Market.  Doing so could help military veterans using G.I. Bill benefits secure higher levels of funding support.  Military veterans interested in more information about this program should speak with Janice Reid, Recruiting and Admissions Coordinator at JReid7@utk.edu or (865) 438-8644.  

Scholarships

Most ADMBA students participate in the program entirely or heavily supported by their employers because of ADMBA’s strong ROI for supporting employers.  The program also attracts a significant number of military veterans who use G.I. Bill benefits to pay much of the cost of their participation.  Prospective students who are unable to find the financial support necessary to participate but still wish to do so may complete an application and then request to be considered for a very limited number of partial scholarships.  These scholarships can be awarded for up to 20% of the program’s tuition cost.  A committee of faculty members and staff review scholarship requests and approve them on a first-come, first-served basis.  The committee considers several key factors in determining whether to award these scholarships and the size of each offering.  These factors include but may not be limited to:

  • An applicant's professional and academic record
  • An applicant's position in the industry
    • Prospective students from private industry and small business or from professional roles and industry sectors that are historically underepresented in the program
  • An applicant's effort to secure all other possible resources

Special Programs

Employees of the University of Tennessee or a Tennessee Board of Regents Institution are eligible for fee waivers.