Michigan Ross iMpact

Leading in Thought & Action

Full-time MBA Tuition and Costs

Program Description

Full-time students complete 57 credit hours over two years to earn the MBA degree. Students enrolled in dual-degree programs may take longer than two years.
 

Residency, Tuition, and Loans

Michigan residents pay in-state tuition rates.
Non-Michigan residents pay out-of-state tuition rates.

U.S. citizens and permanent U.S. resident students may borrow through federal or private loans to cover the cost of tuition, fees and approved other costs.
International students may borrow through private loans but will need a U.S. citizen or permanent U.S. resident cosigner.

Students who believe their status should be changed to Michigan resident, or for other questions regarding residency regulations, please contact the Residency Classification Office (734) 764-1400.
 

 

Full-time MBA Tuition and Fees (Per Year)

Michigan Resident (in-state) $ 52,394
Non-Resident (out-of-state) $ 57,394

This estimate is based on 2013-14 tuition rates, which were approved by the University of Michigan Board of Regents in June 2013.  Estimated 2014-15 tuition rates will be posted in early July 2014.

Note:  Effective summer term 2014, mandatory fees will be increased $65 per term.
 

Other Costs (Per Year)

In addition to tuition and fees, all Full-time MBA students may borrow funds to cover the following approved other costs. These items are listed for budgeting and federal loan purposes and are not direct charges to the student.

Books $ 1,716
Food and Housing $ 13,174
Personal Expenses (including health care) $ 4,042
Loan Fees $ 100

The above cost of attendance budget was finalized by the University of Michigan Regents in June 2013.  The estimated 2014-15 cost of attendance budget will be posted in early July 2014.

 

The Ross School of Business Office of Financial Aid is a satellite office of the University of Michigan Office of Financial Aid.  Disclaimer.