At the University of Michigan, for Full-time MBA tuition rates are currently $70,392 per academic year for Michigan residents and $75,392 for non-Michigan residents and international students.
The university's Board of Regents approves the tuition rates annually in June. The tuition rates for the following year will be posted in July 2024, subject to Regents' approval and change.
Apart from tuition, students are required to pay mandatory fees of $166.19 per full term for full-time enrollment. International students studying under F or J visa status are also required to pay an International Student Services Fee of $500 per term enrolled.
For financial aid purposes, the university provides estimated costs of attendance guidance. The estimated budget includes books and supplies ($1,844), food and housing ($18,704), personal expenses ($6,820), and loan fees ($224).
The cost of attendance budget for the 2024 cohort was finalized by the University of Michigan Regents in June 2023. However, the finalized cost of attendance budgets for Cohort 2024, which enters summer 2023, will be available in June 2024.
