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 Academic Year Tuition

Michigan Resident (in-state) $ 56,590
Non-Resident (out-of-state) $ 61,590

The 2015-16 tuition rates were approved by the University of Michigan Board of Regents in June 2015.  Estimated 2016-17 tuition rates will be posted in early July 2016.

 

Other Academic Year Costs

In addition to tuition, all Full-time MBA students may borrow funds to cover the following approved other costs. 

Registration Fees $ 328
Books and Supplies $ 1,716
Food and Housing $ 14,248
Personal Expenses (including Health Care Insurance) $ 4,486
Loan Fees $ 204

The above cost of attendance budget was finalized by the University of Michigan Regents in June 2015.  The estimated 2016-17 cost of attendance budget will be posted in early July 2016.

 

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