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.
US citizens and permanent US 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)||$ 50,194|
|Non-Resident (out-of-state)||$ 55,194|
This estimate is based on 2012-13 tuition rates, which were approved by the University of Michigan Board of Regents in June 2012. Estimated 2013-14 tuition rates will be posted in early July 2013.
All tuition rates are subject to Regent approval and change. The University of Michigan maintains tuition and fees updates at http://ro.umich.edu/tuition. Please watch that page for updates on tuition rates.
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.
|Food and Housing ($1,007 rent per month, $553 food per month)||$ 12,852|
|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 2012. The estimated 2013-14 cost of attendance budget will be posted in early July 2013.