To help you understand the costs associated with your education, the MBA student budget for the class entering in 2013 for Terms I and II is outlined below. While living expenses vary from student to student, the Financial Aid and Fellowship Board uses the standard student budget in determining financial aid awards. This budget assumes a moderate student lifestyle. While the standard budget does not include the cost of a personal computer required for the MBA Program, you may finance your computer purchase with a loan.

MBA Class of 2015 Student Budget

  Single Married/DP Married/DP
with One Child
Married/DP
with Two Children
Tuition $56,175 $56,175 $56,175 $56,175
HUHS Student Health Fee (SHF)* $958 $958 $958 $958
Student Health Insurance Plan (SHIP)** $2,190 $2,190 $2,190 $2,190
HUSHP for Student Spouses/Dependents $0 $5,002 $7,628 $8,948
Program Support Fee*** $7,025 $7,025 $7,025 $7,025
Room & Utilities (9 months) $11,100($1,233/mo) $17,676 ($1,964/mo) $21,933 ($2,437/mo) $21,933 ($2,437/mo)
Board, Personal, Other (9 months)**** $13,752 ($1,528/mo) $17,374 ($1,930/mo) $22,391 ($2,488/mo) $28,971 ($3,219/mo)
Total $91,200 $106,400 $118,300 $126,200

* HUHS Student Health Fee is obligatory regardless of your health insurance status

** Student Health Insurance Plan expense may be waived upon proof of health insurance coverage.

*** Fee includes expenses for academic-related programs, books, cases, (web-based) course materials, and other materials you receive in your courses.

**** Estimate based on the experiences of most MBA students. Your actual personal expenses may be higher or lower.

Please note that eligibility for Federal student aid is based on the single student budget.