The educational budget for first-year students in the academic year 2013-2014 is $97,080, broken down as follows:
Educational Student Budget
|Academic Year 2013-2014|
|Tuition and Fees
(Includes $2,000 Pre-Term fee)
|Room and Board||$22,495|
|Books and Supplies||$2,000|
Students may borrow up to the cost-of-attendance budget less any financial aid, e.g., fellowships or scholarships. Information about student loan programs is available through Student Financial Services (SFS), the public service FinAid website or the External Funding Sources section of the MBA website.
You should plan for increases in tuition and fees for each year of enrollment. However, Pre-Term costs apply only to the first year of the program.
If you are married and/or have dependents, you may face higher costs. The average living expense increase for students with partners and/or dependents is 30% above the standard living expense budget. Health insurance coverage for partners and dependents is not included in the student budget. Please visit the Student Health Services website for an estimated cost of health insurance coverage for your family.
Students with extenuating circumstances can also request a budget reevaluation to borrow funds above the set student budget once the fall semester has started. Budget increases can only be approved for purpose and amounts that fall within guidlines set by the University and federal law.
Please Note: International students planning to borrow through the International Loan Program with Quorum Federal Credit Union will be limited to borrowing up to 80% of the MBA Student Budget for the first and second year of the program.
Global business concepts are explored across the MBA curriculum. You can select from a wide range of options for international study and work experiences.
If you are planning to participate in a Global Trek, please be aware that your Wharton MBA Student Budget may only be increased for educational related trips, such as Wharton’s Global Immersion Program and Global Modular Courses (GMC). For additional information on International Opportunities, please visit the MBA Program website ».