Tuition & Fees:

Tuition for students starting in the 2023–2024 academic year is $2,130 per credit, and there are 54 credits required to complete the MBA program. Rice Residential fees are not covered by tuition. Students should also expect to pay $1,000 to $2,500 for textbooks for the program based on the availability of used books and elective courses taken. The Cost & Funding Calculator spreadsheet will help you determine your direct costs by quadmester.

Rice Residential Fees:

We place great value on the Intensive Learning Experience (ILE) opportunities as they provide a platform for a variety of simulations, seminars, group projects and guided leadership exercises that bring you face to face with peers, faculty and industry leaders. Our curriculum offers domestic and international experiences.

Domestic Rice Residential fees are $850, including meals and lodging, and international ILEs cost $1,800, including some meals and lodging. These fees do not include tuition or transportation. The Rice Residential fees are charged in the term you register for the course and may increase one year to the next.

Billing & Payments:

Rice University Cashier’s Office is responsible for accounts receivable: billing, payments, quadmester payment plans, refunds, etc.

Account Statements:   Billing occurs once you are enrolled in classes for that quadmester. Statements are updated frequently based on your enrollment activity. They are available in the Payment Suite section of your ESTHER account.

Navigation: ESTHER => Student Services => Payment Suite (grey button) =>  My Account

Payment Arrangement Deadlines:   You may use any number of payment methods listed in the next section to cover the cost of tuition and fees. The following are the payment deadlines for each quadmester. The General Billing page offers additional information:

• Spring: April 10
• Summer: July 10
• Fall: October 10
• Winter: January 10

Missing these deadlines will result in a late payment fee of 1.5% of the outstanding balance. The fee is reassessed each following month the balance remains unpaid.

Payment Methods:

Direct Payment:   You may make a direct payment toward your balance online through the Payment Suite section of your ESTHER account. You may pay online via the following methods:

• Bank Account: you may pay directly from your bank by entering your account and routing number.
• Card: payments made by card (debit or credit) are assessed 2.95% third-party processing fee.

International Payments:   Rice University uses Flywire for international payments to make payment process secure and simple when paying the university from accounts in your home country. With Flywire, you can pay online from any country and any bank. It is a safe and trusted payment method that can be tracked by you and the university each step of the way.

Third-party Sponsored Payments:  Third-party/sponsored billing is a billing method by which an entity such as company, corporation, or government agency can establish direct invoicing and payment on behalf of the student. Rice University students who are being sponsored by his or her employer or government can participate in our third-party billing service.

Payment Plan:   Rice University Cashier’s Office offers a Semester Payment Plan that is authorized through your  ESTHER account. Term payment plans allow you to pay your account over three equal installments each quadmester. There is a one-time $75 dollar installment plan fee.

• Spring Quadmester (example)
  • Installment 1:  April 10
  • Installment 2: May 10
  • Installment 3: June 10

Please reference the Rice University Cashier’s Office website for additional information.