To help you understand the costs associated with your education, the MBA student budget for the class entering in 2017 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 2019 Student Budget

Single Married/DP Married/DP
with One Child
Married/DP
with Two Children
Tuition $72,000 $72,000 $72,000 $72,000
Student Health Fee (SHF) $1,142 $1,142 $1,142 $1,142
Student Health Insurance Plan (SHIP) $3,130 $3,130 $3,130 $3,130
Student HEALTH FEE FOR Spouses/Dependents $0 $6,776 $10,356 $12,158
COURSE AND Program MATERIALS Fee 
$2,500 $2,500 $2,500 $2,500
Room & Utilities (9 months) $13,194
($1,466/mo)
$19,944
($2,216/mo)
$26,388
($2,932/mo)
$26,388
($2,932/mo)
Board, Personal, Other (9 months) $14,834
($1,648/mo)
$18,608
 ($2,068/mo)
$23,484
($2,609/mo)
$30,782
 ($3,420/mo)
Total $106,800 $124,100 $139,000 $148,100

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