Estimated annual expenses for the 2012-13 academic year are shown below, including tuition & student budget.
For added curriculum flexibility, the Broad MBA program offers a block tuition structure. As an MBA student, you may register for up to 17 credits each semester without incurring additional cost, which gives you the option to pursue various business electives or electives in other fields of interest.
For budgeting purposes, you may find actual expenses differ from the amounts shown, depending on your lifestyle. For instance, housing costs differ for on-campus graduate housing versus an off-campus shared apartment.
Tuition, required fees, & taxes
| In-state student | Out-of-state student | International student | |
|---|---|---|---|
| Tuition & required fees | $26,146 | $41,476 | $41,476 |
| COGS tax: All graduate students | $19 | $19 | $19 |
| FM radio tax: All degree students | $6 | $6 | $6 |
| State News tax: All degree students with 6 or more credit hours | $10 | $10 | $10 |
| International student fee: (International students only) | $0 | $0 | $50 |
| Total tuition, required fees, & taxes | $26,181 | $41,511 | $41,561 |
Student budget
| In-state student | Out-of-state student | International student | |
|---|---|---|---|
| Rent & Utilities | $7,659 | $7,659 | $7,659 |
| Food | $3,078 | $3,078 | $3,078 |
| Transportation | $4,293 | $4,293 | $4,293 |
| Personal & miscellaneous | $1,500 | $1,500 | $1,500 |
| Books & supplies | $1,500 | $1,500 | $1,500 |
| Laptop | $2,000 | $2,000 | $2,000 |
| Required student health insurance (approx.) | $1,500* | $1,500* | $1,500** |
| Total student budget | $21,530 | $21,530 | $21,530 |
Total MBA cost
| In-state student | Out-of-state student | International student | |
|---|---|---|---|
| Tuition, required fees, & taxes | $26,181 | $41,511 | $41,561 |
| Student budget | $21,530 | $21,530 | $21,530 |
| Total MBA cost | $47,711 | $63,041 | $63,091 |
Notes
- Total MBA costs shown are for one year only. Multiply by two when calculating costs for the entire Full-Time MBA program. Note that tuition costs increase each year.
- All students must have a laptop computer. In-State and Out-of-State students may file a special conditional application with the Office of Financial Aid to cover laptop cost. This application is for a one-time cost of attendance increase for federal student loans. Please contact the MSU Office of Financial Aid for more information.
- MSU offers student health insurance to the following groups: student only; student and spouse; student, spouse, and 1 child; and student, spouse, and all children. Please contact MSU HR for further details.
- The MSU Board of Trustees will establish 2013-14 tuition and fees in July 2013.
*please visit this link for information on U.S. resident health insurance policy- http://www.hr.msu.edu/benefits/studenthealth/index.htm
**all international students are required to have health insurance.
