To help you understand the costs associated with your education, the MBA student budget for the class entering in 2010 for Terms I and II is outlined below. While living expenses vary from student to student, the Financial Aid and Fellowship Board uses the standard student budget in determining financial aid awards. This budget assumes a moderate student lifestyle. While the standard budget does not include the cost of a personal computer required for the MBA Program, you may finance your computer purchase with a loan.

Your tuition and Program Support Fee will remain constant during your time at HBS. Other fees may increase.

MBA Class of 2011 Student Budget

* The University Health Services Fee is obligatory regardless of your health insurance status.

** The BC/BS expense may be waived upon proof of health insurance coverage.

***Fee includes expenses for books, cases, (web-based) course materials, and other materials you receive in your courses. This fee also remains constant, unless you leave for more than one term.

****This number is an estimate based on the experiences of most MBA students. Your actual personal expenses may be higher or lower.

Please note that eligibility for federal student aid is based on the single student budget.