Accredited Online MBA Programs with Pay-As-You-Go Tuition & Flexible Payment Plans
Pay as you go online MBA with monthly installments:Earning an MBA is a significant investment, and many students seek affordable, flexible payment options to avoid large upfront costs. If you’re looking for accredited online MBA programs with pay-as-you-go tuition, monthly installments, and transparent pricing, this guide highlights the best options available in 2024
We’ve researched programs that allow you to:
Pay monthly with no large upfront costs
Pause or adjust payments if needed
Avoid high-interest student loans
Access transparent pricing with no hidden fees

1. Western Governors University (WGU) – Online MBA
Accreditation: AACSB, ACBSP
Total Cost: 4,755per6−monthterm∗∗(Averagecompletionin∗∗12−18months∗∗→∗∗9,510 – $14,265 total)
Payment Plan: Monthly payments available (No interest, no fees)
Flexibility: Pause anytime, pay per term (not per credit)
Key Features:
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Competency-based learning (accelerate if you can)
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No GMAT required
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Flat-rate tuition per term
2. University of the People – Online MBA (Tuition-Free Model)
Accreditation: ACBSP, DEAC
Total Cost: **2,940total∗∗(Assessmentfeespercourse,notuition)🔹∗∗PaymentPlan:∗∗∗∗Paypercourse∗∗( 490 per course)
Flexibility: No deadlines, start anytime
Key Features:
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One of the most affordable MBAs
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Scholarships available
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Self-paced learning
3. Southern New Hampshire University (SNHU) – Online MBA
Accreditation: ACBSP
Total Cost: **19,470total∗∗(637 per credit, 30 credits)
Payment Plan: Monthly installments (No interest, small enrollment fee)
Flexibility: 8-week terms, 6 start dates per year
Key Features:
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No GMAT required
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10+ specializations (Healthcare, Finance, IT, etc.)
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Military discounts available
4. Purdue Global – Online MBA|Pay as you go online MBA with monthly installments
Accreditation: ACBSP
Total Cost: **20,280total∗∗(485 per credit, 42 credits)
Payment Plan: Monthly payment options (No interest, but late fees apply)
Flexibility: 10-week terms, multiple start dates
Key Features:
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Specializations in Finance, Marketing, HR, and more
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GMAT waiver available
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Military & corporate discounts
🔗 Visit Purdue Global’s MBA Page
5. Liberty University – Online MBA
Accreditation: ACBSP
Total Cost: **16,380total∗∗(455 per credit, 36 credits)
Payment Plan: Interest-free monthly installments
Flexibility: 8-week courses, 8 start dates per year
Key Features:
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20+ concentrations (Healthcare, Leadership, Cybersecurity)
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No GMAT required
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Discounts for military & first responders
6. Capella University – FlexPath MBA
Accreditation: ACBSP
Total Cost: 14,520−23,520 total (Depends on pace)
Payment Plan: Pay per 12-week billing session (2,420−3,920 per session)
Flexibility: Self-paced, no set deadlines
Key Features:
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Finish faster if you can
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No GMAT required
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Multiple specializations
7. Walden University – Online MBA|Pay as you go online MBA with monthly installments
Accreditation: ACBSP
Total Cost: **16,680total∗∗(695 per credit, 24 credits)
Payment Plan: Monthly installments available
Flexibility: Multiple start dates, accelerated options
Key Features:
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Specializations in Accounting, Healthcare, IT
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No GMAT required
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Scholarships & employer discounts
8. Fayetteville State University – Affordable Online MBA
Accreditation: AACSB
Total Cost: **10,530total∗∗(293 per credit, 36 credits)
Payment Plan: Monthly payment options
Flexibility: 8-week courses, multiple start dates
Key Features:
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One of the cheapest AACSB-accredited MBAs
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No GMAT required for some applicants
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Military-friendly
9. University of Illinois Springfield – Online MBA
Accreditation: AACSB
Total Cost: **12,600total∗∗(350 per credit, 36 credits)
Payment Plan: Monthly installments available
Flexibility: 8 & 16-week courses
Key Features:
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AACSB-accredited at a low cost
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No GMAT required for GPA 3.0+
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Concentrations in Management, Analytics, and more
10. Eastern University – Faith-Based Affordable MBA|Pay as you go online MBA with monthly installments
Accreditation: ACBSP
Total Cost: **13,500total∗∗(750 per course, 18 courses)
Payment Plan: Monthly payment options
Flexibility: 7-week terms, multiple start dates
Key Features:
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Christian-centered curriculum
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No GMAT required
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Leadership & Healthcare tracks
Key Considerations When Choosing a Pay-As-You-Go MBA
Accreditation (AACSB, ACBSP, or IACBE) – Ensures quality & employer recognition
Total Cost – Some programs charge per credit, others per term
Payment Flexibility – Can you pause payments if needed?
Hidden Fees – Some charge tech fees, graduation fees, etc.
GMAT Waivers – Many schools waive GMAT for experienced professionals
READ MORE:Scholarships for Women in Online MBA Programs

Final Thoughts
If you want an affordable, flexible MBA with monthly payments, the best options include:
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WGU (Most flexible, pay-per-term)
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University of the People (Cheapest, pay-per-course)
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SNHU & Purdue Global (Monthly installments)
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Fayetteville State & UIS (Low-cost AACSB programs)
By choosing a pay-as-you-go MBA, you can avoid student debt and control your cash flow while earning a respected degree.
For more details, visit each school’s official website using the links above.
Would you like help comparing specific programs based on your budget and career goals? Let me know!