Tuition & Financial Aid

Global MBA Tuition (estimated total for program) $147,500
Registration Fee (estimated total for program) $657
Application Fee $200
International Student Services Fee
(Per term enrolled for students studying under F or J visa status)
$500

The Ross Global MBA Class of 2023 requires tuition payment of four consecutive terms: Winter, Spring/Summer, and Fall 2022 plus Winter 2023. Tuition for the Winter and Spring/Summer 2022 terms is based on the rate for the 2021-2022 academic year as approved by the University of Michigan Board of Regents in June 2021. Tuition for the Fall 2022 and Winter 2023 terms will be based on the rate for the 2022-2023 academic year and will be available in July 2022. All tuition rates are subject to the University of Michigan Board of Regents approval and change.

Cost of Attendance Guidance

Estimated costs for program

Books and Supplies (Estimated total for degree; invoiced to student) $3,400

Food & Housing (Estimated for a single student) $33,996

Personal (Estimated for a single student): $12,700


Living Expenses

Living expenses, including lodging and meals, are not included in the cost of tuition. 

While in Ann Arbor, these expenses will vary depending on student’s choice of housing and the size of their family. During the Global Leadership Field Study course, additional lodging and meal expenses will be incurred. During the Global Semester Exchange, expenses will vary (estimate between $9,000 - $20,000) depending on the partner university and personal preferences. 


Travel Expenses

Travel costs such as flights and ground transportation, if any, are not included in tuition and will vary depending on the students personal circumstances and preferences.


Health Insurance

Students studying under F or J visa status are required to have health insurance coverage for yourself and any accompanying F-2 or J-2 dependents during the entire time you are a student at the University of Michigan. Health insurance coverage is coordinated through the University of Michigan International Center. Students are automatically enrolled in the plan and responsible for the premiums that range from $170 per month for a single student to $480 per month for a student with two or more dependents. 


Textbook and Course Material Expenses

Textbook and course material expenses are not included in the tuition amount.


Tuition Dates & Deadlines

TERM TUITION DUE DATES

Fall 2021: August 31, 2021

Winter 2022: January 31, 2022

Spring 2022: April 30, 2022

Spring/Summer 2022: April 30, 2022

Summer 2022: June 30, 2022


*Due dates are subject to change -  finance.umich.edu/finops/student/billing

Bills are sent approximately two weeks prior to the due date. You must be enrolled in a term to be billed for tuition and fees.

More Information

Employer-Sponsored Tuition Assistance

More than half of the students in our Global MBA program receive some sort of financial assistance from their current employer. If you'd like to pursue this possibility with your company, please see our company sponsor page to read more about the benefits of sponsorship.

Other Aid

Assistantships

Appointments for Graduate Student Research Assistantships, Graduate Student Instructors, and Graduate Student Staff Assistants are considered separately from the financial aid application process.  

General Appointment Information

Graduate Student Appointment Postings


U-M Child Care Subsidy

The U-M Child Care Subsidy Program provides funds to students with children to assist in meeting the cost of licensed child care.

Child Care Subsidy Program


Loan Repayment Assistance Program

The Ross Loan Repayment Assistance Program (LRAP) provides financial assistance to Ross graduates who are currently pursuing careers in nonprofit and public sector organizations. Qualified applicants will receive financial assistance to help pay for a portion of Ross-related, need-based loan obligations while employed full-time in a position within the nonprofit or public sectors (subject to annual re-application, review, and approval).

International Students

Federal Aid for Graduate International Students

Federal regulations and University of Michigan policy limit the types of U.S. federal financial assistance available to international students. Specifically, international students with F-1, F-2, J-1, J-2, and G series visas are not eligible for federal student aid.

You may qualify for student financial aid programs if you meet one of the following criteria:

  • If you are a U.S. permanent resident with an Alien Registration Receipt Card (I-151, I-551, or I-551C)
  • If you have only a Notice of Approval to Apply for Permanent Residence (I-171 or I-464), you are not eligible for federal student aid.
  • If you are a U.S. national (includes natives of American Samoa or Swain's Island)
  • If you are an eligible noncitizen with an Arrival-Departure Record (I-94) from U.S. Customs and Border Protection showing one or more of the following designations:
    • Refugee
    • Asylum granted
    • Indefinite parole and/or humanitarian parole
    • Cuban-Haitian entrant, status pending
    • Conditional entrant (valid only if issued before April 1, 1980)

If you meet the above criteria, you may qualify for federal assistance.


Private Educational Loans

Some U.S. lenders will provide private education loans for international students who have a qualified U.S. co-signer. Some lenders require that the student have a Social Security number prior to applying.

To browse a selection of lenders, please visit the University of Michigan's FastChoice Private Education Loans websites for International MBA students:

Private Lenders - Requiring U.S. Co-Signer

Private Lenders - No U.S. Co-Signer

The University of Michigan has not endorsed these programs, but is making the information available to you. The university adheres to a Code of Conduct for Student Loans that prohibits inducements or incentives by private lenders.

Other Possible Funding Sources:

For information about financial aid and private scholarships for international students contact:

  • The U.S. Department of State  
  • The Consulate or Embassy of your home country
  • If you have been admitted to U-M, contact your program office for other possible funding sources.

U.S. Veteran & Active Duty Military

Chapter 33/Post-9/11 GI Bill Program

Ross is proud to support our veterans and military members. 

The University of Michigan offers in-state tuition status to those who serve. You must apply and provide the appropriate supporting documentation. Information is located on the University of Michigan Office of the Registrar's website in the residency section. Here are some additional sources of information:

University of Michigan Veterans and Military Services Program

University of Michigan VA educational benefits information

Veterans benefits certification policies and procedures 

Scholarships for veterans, service members, and dependents

Note: Executive MBA students pay a set inclusive tuition that includes tuition for courses, mandatory fees, plus other nonacademic costs (books, technology, accommodations during residence, and dining). Chapter 33 will cover tuition for courses and mandatory fees only. Chapter 33 will also pay a monthly housing allowance to the student; the remaining nonacademic costs (books, technology, accommodations and dining) are the student's responsibility.

 

School Certifying Officials for VA Benefits

Michelle Henderson

Office of the Registrar
Veterans Certification Department
LSA Suite 5000, 500 S. State Street
Phone: (734) 763-9066
Fax: (734) 764-5556

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