To help you understand the costs associated with your education, the MBA student budget for the class entering in 2016 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 2018 Student Budget

Single Married/DP Married/DP
with One Child
with Two Children
Tuition $63,675 $63,675 $63,675 $63,675
HUSHP Student Health Fee $1,088 $1,088 $1,088 $1,088
HUSHP Student Health Insurance Plan $2,630 $2,630 $2,630 $2,630
HUSHP for Student Spouses / Dependents $0 $5,962 $9,088 $10,662
Program Support Fee (covers books, cases, web-based course materials, and other materials / support for courses, including field)
$7,960 $7,960 $7,960 $7,960
Room & Utilities (9 months) $12,150
Board, Personal, Other (9 months) $14,597
$18,254 ($2,028/mo) $23,440
$30,366 ($3,374/mo)
Total $102,100 $119,000 $132,100 $140,600

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