Tuition & Financial Aid

Kelley Direct Online MBA cost and financial aid options

Among top-ranked online MBA programs, Kelley Direct offers one of the most affordable tuition rates. We also offer many options to help pay for your education, including scholarships, federal loans, third-party sponsorship, and military benefits.

We know this is a major investment of your time and money. If you have questions about costs or financial aid, please schedule a one-on-one virtual meeting or phone call to talk with an admissions representative.

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Tuition for the MS in Strategic Management and the MS in Business Analytics (cohorts starting fall 2023) will be set by the IU Trustees in early 2023.

The MBA program consists of 54 credit hours. The Master of Science degree programs consist of 30 credit hours. 

The Kelley Direct tuition rate is locked for three calendar years from the term a student matriculates. Any courses taken after that time period are subject to the current tuition rate.

Each course requires materials such as textbooks, course packs, journals, and publications. The average cost for materials per course is $100.

Students interested in federal financial aid must submit the Free Application for Federal Student Aid (FAFSA). Include federal school code 001809 under School Selection. IU Bloomington offers additional financial support information, including on how to apply for a Graduate PLUS loan.

Students may have their tuition billed to a third-party sponsor, such as their employer. Third parties cannot be billed directly if payment is conditional (contingent on grades, for example). Check with your employer about company-sponsored tuition benefits. Learn more about third-party sponsors and billing on the IU Student Central website.

Indiana University is committed to providing support and assistance to military students, veterans, and their families. If you are on active duty or are a veteran and you wish to use your military benefits to pay for your educational expenses, please contact the IU Veterans Support Services office as soon as possible. The office can be reached at vetserv@indiana.edu or 812-856-1985.

For general questions and answers on veterans benefits, visit these sites: 

The public tuition rate listed does not apply to students enrolled through our Corporate Partnership programs. Corporate students should contact their company program administrator with any questions.

For financial aid and VA purposes, Kelley Direct students are considered full time when they register for six or more hours in a term and half time when they register for three to five hours in a term.

If you have questions about federal student loans for graduate students, please email kdfinaid@indiana.edu or visit the Office of Student Financial Assistance for additional information.