Cost of MBA in USA for International Students

International Students MBA Cost in USA

An MBA degree is a coveted one – funding and admission is getting tougher in the US than before. Funding for citizens and permanent residents is a little easier as they can apply for federal student loans to finish their education at a school that participates in the program. It is a different story for international students – they may have to consider applying for loans through private programs as they are not eligible for loans available from the Department of Education.

Funding Options

Most students have a few options which they can explore to get funding for their education.

  • Talk Directly to the School: This is their best option. Since they have to do all the research, they can look into what assistance the school usually offers to students. They will have to find a US co-signer – some one who is a citizen or a permanent resident – most often a family member, prospective employer or even a colleague. Find out all the details before getting a co-signer. There are few other unusual loan programs like the ALPS – Affiliated Loan Program for Students – financed by Deutsche Bank. Schools must be eligible to participate and also agree to take certain responsibilities. This is a very unique option for international students as they do not need to get a co-signer. Financial aid staff at the schools offer good guidance and counsel on terms and conditions and also all the responsibilities under various loan programs.
  • Other Avenues for Scholarships/Grants: Internet searches can help students find a few sources for funding. There are some local organizations that offer aid in the country of origin. Prospective employers or social organizations may be interested in doing so for deserving cases. Exercise a bit of caution and do a good check before signing on for some of these loans.

That said, here is a break down of what tuition looks like for an MBA program in the US. US Business schools come under 2 categories:

  • Public or state supported schools
  • or Private schools


Usually tuition at public schools even for international students are non-resident costs and this still works out to be less expensive than private schools. It should also be noted that the cost doesn’t determine or affect the quality of the education. Here is the average cost that one can expect at different schools.

University Annual Tuition
Expensive Private School $30,000
Mid Level Private School $15,000
Expensive State School $20,000
Mid Level State School $10,000

Tuition varies from university to university and also by the courses. For more information, check University websites or contact the school directly.

Living Expenses

One can expect to spend about $12,000 for living expenses during the course of the program – this would include rent, groceries and other expenses. Depending on their lifestyle, most people can get by on $750-$1000 a month. If rent is split with roommates, then you save on expenses all around.

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