Physician Executive MBA

Tuition & Financial Aid

The program fee for the PEMBA is $76,000 (U.S.).

The program fee includes:

  • All university tuition and fees
  • Personalized Leadership Development Plan
  • Books and materials, including course-specific software
  • Technical support for all software
  • Local transportation to and from classes and special events during residence periods
  • Breakfasts, lunches and most dinners

The program fee does not include:

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

Payment schedule:

  • $1,000 at confirmation of program acceptance
  • Three equal payments of $25,000 due at the beginning of each semester

Tuition may also be paid in a lump sum at the start of the first semester.

Financial Aid

Loans & Scholarships

Fellowships/assistantships are not available for this program, but you may 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 program who work in the nonprofit/public sector.

Please contact us for more information about funding options.

Employer Sponsorship

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

Military Service Programs

Details and eligibility guidelines for the Post-9/11 benefits, including the Yellow Ribbon Program, can be found through the Department of Veterans Affairs. Applicants can also contact UT’s Office of Veterans Affairs: utkva@utk.edu or 865-974-1500.

Special Programs

State of Tennessee employees, employees of the University of Tennessee or a Tennessee Board of Regents Institution are eligible for fee waivers.

Many out-of-state candidates in the Southeast region can obtain in-state tuition rates through Academic Common Market. Students using Post-911 GI Benefits are particularly likely to benefit.