Financing Your MBA

The decision to invest in your graduate education is an important step toward achieving your goals. Below is cost and financial aid information for the full-time MBA and Evening MBA Programs at the Leeds School of Business at the University of Colorado Boulder.

Cost of Attendance

The following is a nine-month budget for the current academic year (2015-2016, fall and spring semesters) for Colorado resident and non-resident students. This budget is prepared by the Office of Financial Aid and includes tuition and required fees, along with estimated living expenses and other costs, in an attempt to represent the full cost of attendance for the academic year.

Finance Your MBA Information Sheet

Finance Your Evening MBA Information Sheet

Tuition & Fees Resident Tuition: $17,370 Mandatory Fees: $1,915* Estimated Living Expenses Books/Supplies: $1,800 (Varies per year based on course load.) Room and Board: $11,916 (A 9 month (academic year) estimate for rent, utilities, and food.) Personal: $1,358 (Includes personal, recreation, and clothing costs—varies by student.) Transportation: $1,612 Medical Expenses: $3,014 (does not reflect costs for student health insurance plan. Health insurance is mandatory however students may opt out of the university plan if covered by other insurance.) * Does not include a one time new student fee of $62 charged in the first semester.

US citizens and permanent residents can establish residency during the first year of the program and qualify for in-state tuition for the second year. Information related to establishing Colorado residency is available from the Tuition Classification Office. Tuition & Fees Non-Resident Tuition: $32,328 Mandatory Fees: $1,915* Estimated Living Expenses Books and Supplies: $1,800 (Varies per year based on course load.) Room and Board: $11,916 (A 9 month (academic year) estimate for rent, utilities, and food.) Personal: $1,358 (Includes personal, recreation, and clothing costs—varies by student.) Transportation: $1,612 Medical Expenses: $3,014 (does not reflect costs for student health insurance plan. Health insurance is mandatory however students may opt out of the university plan if covered by another carrier.) *Does not include a one-time new student fee of $62 charged in the first semester.

Cost of Attendance For the class entering the Evening MBA program in the Summer 2016 semester, the cost is $8,300 per semester for six semesters, for a total of $49,800. That rate will not increase during the duration of your program as long as you maintain enrollment in the program. Financial Aid Evening MBA students are eligible to receive student loans by completing the Free Application for Federal Student Aid (FAFSA). Because the summer term is considered part of the 2016 - 2017 academic year, admitted students should complete the both the 2016-2017 and 2017-2018 FAFSA applications. For more information please contact an Evening MBA financial aid advisor at 303.492.8146, or by email at cefinaid@colorado.edu . Company Reimbursement Many of our Evening MBA students receive some educational reimbursement support from their employers. Be sure to investigate these opportunities through your company's human resource department. Evening MBA Scholarships The Leeds School of Business offers merit scholarship awards to selected candidates admitted to the Evening MBA program. The criteria for merit-based awards include prior academic achievement, professional accomplishments, and extracurricular contribution, based on those materials that you submit during the application process. Scholarship funding is limited and preference is given to candidates who are not receiving any company assistance.

 

Tuition Reduction for CU Employees
The Leeds School of Business at CU-Boulder is pleased to offer a 20% tuition reduction for CU-Boulder employees enrolled in the Evening MBA program. For the class enrolling in May 2016, the total Evening MBA tuition is $49,800 for the two-year program, charged in six equal installments of $8,300. The CU-Boulder employee reduction will cover $9,960 of the total Evening MBA program cost ($1,660 per semester). The student is responsible for the remaining $39,840 of the Evening MBA tuition.

 

Scholarships for CU Boulder Employees
Additionally, there is a special scholarship program for University of Boulder campus employees that provides up to four scholarships each year to qualified Boulder employees.  This scholarship covers approximately 75% of the $49,800 two-year tuition.

This is a competitive scholarship.  Please review the details on this flyer. If you have questions, please email leedsmba@colorado.edu or call 303.492.8397.


Scholarships

The Leeds School of Business offers merit scholarship awards to select admitted candidates to the MBA program. All applicants are automatically considered for Leeds School of Business scholarship awards. MBA applicants may also be considered for additional scholarship awards (Entrepreneurship, Real Estate, Diversity, NSHMBA University Partnership) when submitting the online application for admission. Applicants are encouraged to apply in the first or second round of the admissions process for best consideration for scholarship awards.

Evening MBA students are also eligible for limited scholarship funding. Priority for those awards is given to students who are not receiving tuition support from their employers.

Teaching and Research Assistantships

The Leeds School of Business does not offer teaching or research assistantships for first year students. Second year students who have established high levels of achievement in their core courses may be chosen by faculty for paid teaching assistantships for first-year MBA core courses or for research positions.

Loan Funding

Eligible MBA students may apply for federal financial aid in the form of student loans. To apply you must submit the Free Application for Federal Student Aid (FAFSA) at http://www.FAFSA.ed.gov for the appropriate academic year as soon as possible. The priority deadline for financial aid consideration at the University of Colorado at Boulder is March 1. For more information contact the Office of Financial Aid at 303.492.5091, by email at finaid@colorado.edu.

Direct Loans
Federal Direct Loans are fixed-rate student loans for graduate students attending a college or university at least half time. Eligible graduate students may borrow Direct Unsubsidized Loans that have a loan limit of $20,500 per year and a current fixed interest rate of 5.84% after July 1, 2015.

Graduate Plus Loans
Graduate PLUS student loans are also unsubsidized and require a credit check. The yearly limit on a Graduate PLUS Loan is equal to your cost of attendance minus any other financial aid you receive. Graduate PLUS loans have a current fixed interest rate of 6.84% after July 1, 2015.

Private Loans
For students who are not eligible for federal loans (international students), or who need additional assistance beyond the federal loan programs, there are a variety of private lenders who offer loan options for graduate study. More information on international student loans and graduate financial aid is available at:

Important Resources