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Financing

Program fees are all-inclusive and cover tuition, books, cases, learning materials, meals and accommodation during residential sessions, as well as travel, lodging and expenses for the Global Business Project. The fee also includes all the software required for the program and in-house technical support.

An initial deposit of $2,000 (non-refundable) is required upon enrolment. The portion of this deposit that is used to pay immigration and visa fees is non-refundable.  The balance is paid in four installments during the program.

Fee Schedule

Installment Due Date $CDN
Deposit Upon Enrolment
  $2,000
First May 1, 2012
$23,500
Second September 1, 2012 $25,500
Third January 1, 2013 $25,500
Fourth May 1, 2013 $25,500
Total $102,000
Fees are subject to final approval from the Queen's Board of Trustees.

Personal Income Tax Treatment of Tuition Fees

Cornell–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 Cornell – Queen's Executive MBA is a wise and cost-effective business decision for most organizations, since they will be adding to the skill set of their most promising managers.

To help you seek support from your organization, we’ve created a downloadable brochure entitled Cornell – Queen's Executive MBA – The Case for Sponsorship.

RBC Royal Credit Line for Students

Canadian citizens and permanent residents of Canada may apply for a loan with RBC Royal Bank to cover their tuition and educational expenses while pursuing their MBA.

Note: Acceptance to the Cornell - Queen’s Executive MBA program does not guarantee or imply qualification for financing from RBC Royal Bank.

Secure Pre-Approval Now

It is a good idea to submit your loan application the same time as your Cornell - Queen's Executive MBA application. While loan approval does not guarantee acceptance into Cornell - Queen’s Executive MBA, submitting your application early will save you time, and ultimately peace of mind.

Download a Printable loan application form.

If you have any questions regarding the loan application or the financing program in general, please contact Michael Vieira at (613) 985-5991or by e-mail: michael.vieira@rbc.com