The annual cost of the Harvard MBA program

Annual Cost of Attendance – MBA

At HBS, we think about getting your MBA a shared funding in your future. Our students meet the annual value of our MBA program by way of scholarships, financial savings, and student loans.

The HBS Cost of Attendance contains each direct and oblique bills. Direct bills, tuition and costs, are charged on to your student invoice. Indirect bills, reminiscent of residing bills, are extra versatile. This annual value of attendance assumes a 9 (9) month tutorial yr and a reasonable student life-style. You might obtain a mixture of need-based scholarships, complementary fellowships, exterior scholarships, and student loans, as much as the Cost of Attendance for the educational yr.

A Shared Investment in Your Future

$80,000

common need-based scholarship awarded over two years

$43m

in help distributed every year

$148,750

median beginning wage after HBS

$30,000

median signing bonus after HBS

The annual cost of the Harvard MBA program

2021-2022 Cost of Attendance: Class of 2022 and Class of 2023

Single Married Married
with One Child
Married
with Two Children
Tuition $73,440 $73,440 $73,440 $73,440
HUHS Student Health Fee (SHF) $1,242 $1,242 $1,242 $1,242
Student Health Insurance Plan (SHIP) $4,040 $4,040 $4,040 $4,040
hushp FOR STUDENT SPOUSES/DEPENDENTS $0 $8,306 $12,720 $14,938
COURSE & Program MATERIALS Fee $2,550 $2,550 $2,550 $2,550
Room & Utilities (9 months) $14,340*
($1,593/mo)
$22,380**
($2,487/mo)
$28,780***
($3,198/mo)
$28,780
($3,198/mo)
LIVING EXPENSES (9 months) $15,930
($1,770/mo)
$20,270
($2,252/mo)
$25,280
($2,809/mo)
$30,310
($3,368/mo)
Total $111,542 $132,228 $148,052 $155,300
Computer (variable; not included in above budgets) $1,500 $1,500 $1,500 $1,500

Note: for 3 youngsters, add $5,000 residing plus $5,760 for incremental lease for 3br. For 4+ youngsters, add $5,000 residing for every child

*primarily based on common space market charge for two bed room residence w/roommate
**primarily based on common space market charge for 1 bed room residence
***primarily based on common space market charge for two bed room residence

2020-2021 Cost of Attendance: Class of 2022

Please notice that eligibility for Federal student help is predicated on the only student funds.

Visit the MS/MBA: Engineering Sciences and MS/MBA Biotechnology: Life Sciences Program Admissions & Financial Aid pages for the Cost of Attendance for every program.

IMPORTANT ANNUAL COST OF ATTENDANCE DETAILS

9 Months of Classes, 12 Months of Rent

The tutorial yr is 9 months. While HBS dorms have a nine-month lease, off-campus housing typically requires a 12-month lease. If you reside off campus, or keep for a summer season program, you will want to cowl the extra three (3) months’ lease, in addition to utilities and month-to-month bills.

Federal Student Aid

According to Federal rules, whole eligibility for Federal loans is predicated on the entire annual value of attendance for a single student.

Health Insurance

Health insurance protection is obligatory. The Annual Cost of Attendance above exhibits two separate expenses for well being insurance. The Student Health Fee (SHF) is remitted for all students and will not be waived. However, in case you take part in one other well being insurance plan with comparable protection to the Student Health Insurance Plan (SHIP), it’s possible you’ll waive the SHIP portion of your well being charges.

Optional Activities

There are numerous alternatives to take part in optionally available actions throughout your time at HBS. While the MBA Program Cost of Attendance makes allowances for most of the typical bills, there isn’t a solution to anticipate particular prices for every particular person student. It is vital to know that students who get monetary help might want to make decisions—or plan extra financial savings to cowl the prices of optionally available actions.

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