Tuition for the 2012/2013 academic year is $57,300. To assist with your financial planning, your tuition is guaranteed for two years based on your start class.

Depending on marital status and other factors, you should budget an additional $30,000 to $47,000 per year for living costs, books, and other expenses.

The following is the estimated budget for an average student entering in fall 2012. While living expenses vary, this is the standard estimate used in determining financial need.

1. Living allowance includes rent, food, and personal expenses for a moderate lifestyle. An additional allowance may be made for eligible dependent children.
2. Stanford University Cardinal Care medical insurance allowance is included for all students, even if an alternative insurance is used by the student. The single student health insurance rate is quoted for married students on the assumption that the spouse will have separate coverage.
3. If a student is a U.S. citizen or permanent resident and married, the cost of attendance that appears on the award letter will reflect that of a single student. Please note, fellowship eligibility for married U.S. citizen or permanent resident students will be determined based on the married student cost of attendance, and loan eligibility will be determined based on single student cost of attendance. The U.S. Department of Education has established a set of calculations that govern the awarding of federal loans. The federal need analysis system compensates for the cost of additional family members by reducing the amount of income a married student is expected to contribute toward the cost of attendance; the amount is lower than that of a single student with the same income.
4. There are many ways to meet the global experience requirement (GER). However the expenses for the global study trips service learning trips and participation in the STEP Program can be added to the cost of attendance. The expenses may range more or less than the amounts stated above. The actual expense will only be added to your cost of attendance when the Financial Aid Office is informed how a student intends to fulfill their GER. The GSB will provide financial aid for the students using a global study trip, service learning trip, or STEP to fulfill their GER in the form of fellowship and loans. Other options to meet the global experience requirement are not included in the cost of attendance, such as Global Management Immersion Experience (GMIX), but may be subsidized by the GSB.

updated 14 March 2012

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