Cost of attendance is one of the primary components used to calculate your financial aid package.
Below is the cost of attendance, including tuition and other expenses, for a first-year MBA student for the academic year, from 13 September 2021 to 09 June 2022.
|Cost||Single Student||Married Student|
|Books and Supplies||$1.695||$1,695|
|Materials and Program Fee||$900||$900|
The living allowance listed above includes rent, food, and personal expenses for a moderate lifestyle. An additional allowance may be made for eligible dependent children.
Stanford University Cardinal Care medical insurance is included in the cost of attendance for all students, even if covered by an alternative insurance plan. The single student health insurance rate is listed above, on the assumption that spouses will have separate coverage.
What’s Not Included
Expenses related to the global experience requirement are not included above. The total cost for the GER may range from $3,000 to $4,500. Some GER experiences can be considered in your cost of attendance calculation, and some cannot. Recipients of need-based fellowships may be eligible for additional grant funding up to forty percent of approved expenses for one qualifying trip.
Adjustments to Your Cost of Attendance
Your cost of attendance may differ from the calculation above based on allowable budget adjustments, such as certain GER experiences or medical expenses, if applicable. To see what can’t be considered in your cost of attendance, see non-allowable budget adjustments.
How Spouses Are Accounted for (U.S. Citizens and Permanent Residents Only)
The U.S. Department of Education 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, which is lower than that of a single student with the same income. If you are a married U.S. citizen or permanent resident, the cost of attendance that appears on your award letter will reflect that of a single student, and loan eligibility will be determined based on the single student cost of attendance. However, your fellowship eligibility will be determined based on the married student cost of attendance.