Tuition for the Full-Time MBA (Master in Business Administration) course
offered by School of Business of University of Chicago Booth students in
2015-16 is $6,398 per course. An estimate of the cost of attending school for
nine months includes tuition and fees, books, rent, food, personal expenses,
transportation, and a computer allowance—is established for all students
receiving financial aid.

2015-16 Estimated Cost of Attendance –

Three Quarters (nine months)



Tuition $63,980 assuming 1,000 units (ten 100-unit courses)



Student Life Fee $1,089



Health Insurance (projected) $3,435



Administrative Service Fee $2,500 (first year only)



Lifetime Credentials Fee $60 (a one-time fee charged in fall of the first
year)



Books $1,200



Rent and Utilities $14,520 ($1,613 per month)



Food $5,400 ($600 per month)



Personal $3,000



Transportation $1,500



Computer Allowance $1,200 (first year only)



Total $97,884



Financial Aid

US Citizens and US Permanent Residents

There are four loan programs available to US citizen and US permanent
resident Full-Time MBA students.

• Direct Unsubsidized Loan - The Direct Unsubsidized Loan is a federal
student loan available to US citizens and US permanent residents who enroll
in at least 200 units each quarter.

• Direct Grad PLUS Loan - The Direct Grad PLUS Loan is a credit-based
federal student loan and is subject to the same rules and regulations as the
Direct Unsubsidized Loan.

• Private, credit-based alternative loans - All students can apply for a
private, credit-based alternative loan. Students can borrow up to the cost of
attendance (which is set by the financial aid office) minus any other financial
assistance.

International Students

Chicago Booth is committed to providing financing opportunities for all
students regardless of citizenship status and offers a loan program to
international students with no US cosigners.

International students who have US cosigners have multiple private loan
options. More detailed information regarding these programs will be made
available via the admitted students website upon admission to the program.