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| Which program is best for you? |
| Full-time MBA |
| Executive MBA |
| Cornell - Queen's Executive MBA |
| Accelerated MBA for Business Graduates |
Financing
The fee for Queen's Executive MBA is all-inclusive, covering tuition, books, cases, instructional materials, all software required for the program, in-house technical support, meals during the Opening Session, the Creativity and Innovation Session, and class weekends. As well, the fee also covers parking, accommodation and meals during the Elective Stream Session at Queen's.
An initial deposit of $2,000 is required. The balance is paid in four installments during the program.
Fee Schedule
| Installment | Due Date | $CDN |
|---|---|---|
| Deposit | July 13, 2009 | 2,000 |
| First | August 14, 2009 | 19,000 |
| Second | October 16, 2009 | 19,000 |
| Third | January 4, 2010 | 19,000 |
| Fourth | June 1, 2010 | 19,000 |
| Total | $78,000 | |
Personal Income Tax Treatment of Tuition Fees
Queen's Executive MBA participants who pay all or part of the program fee personally are eligible to claim a tuition tax credit. Typically, tax savings are equivalent to 25% of the eligible tuition fee.
For more information, ask a professional income tax advisor to give you an assessment of the full impact of fees on your personal income tax situation.
RRSP Withdrawals
You and your spouse may be eligible to make tax-free withdrawals from your RRSPs of up to $20,000 each over two years to help fund your education. Please contact your income tax advisor for details.
Corporate Sponsorship
Sponsoring an employee in Queen's Executive MBA is a wise and cost-effective business decision for organizations, since they will be adding to the skill set of their most promising managers.
To help you seek support from your organization, we have created a downloadable brochure entitled Queen's Executive MBA – The Case for Sponsorship or contact Queen's Executive MBA program office for full details.
Academic Scholarships
Queen's is pleased to offer a limited number of scholarships to outstanding applicants. Please speak to an Application Advisor for more details.
Royal Bank Loan
You may qualify for financing with RBC Royal Bank. While in the program you pay only the interest, at the preferred rate of RBC prime plus 1%. The repayment period is up to 15 years upon graduation with a negotiable interest rate.
Why Should You Secure Pre-Approval?
Tuition loan pre-approval will ultimately save you time. While credit approval does not guarantee acceptance into Queen's, your financial application submitted at the same time as your Queen's Executive MBA application will give you a head start and ultimately peace of mind.
Loan Application Instructions
Printable loan application forms will be available soon from our web site or simply call a Queen's Application Advisor at 613.566.EMBA (613.566.3622) and we will e-mail a loan application. Upon completion of the loan application, please fax it to 613.564.2821. RBC will confirm receipt of your application via e-mail.
If you require clarification regarding the application or have questions regarding the financing program, please contact Evelyn Ismail, Account Manager at 613.564.4328 or e-mail evelyn.ismail@rbc.com.