Weekend MBA
Weekend MBA (WMBA) Program:
The Weekend MBA Program is a structured, cohort-based, 57 credit hour degree program that meets every other weekend and completes in 24 months. New cohort groups begin in May (spring/summer semester).
Weekend MBA Tuition Cost for 2023 – 2024
Weekend MBA students will be charged tuition based on their Cohort Group. Credits will range each semester between 9 – 10.50 credits based on a student’s Curriculum plan per Cohort Group. Please review your respective Cohort Tuition per Credit Hour Cost Sheets to calculate your tuition charge based on your individual Cohort Group.
Fall 2023, Winter 2024 and Spring/Summer 2024 Cost Sheets.
Note that each Cohort will register in the three terms based on where they are within the program.
- In-State Residency Fall 2023 – Winter 2024 – Spring/Summer 2024
- Out-of-State Residency Fall 2023 – Winter 2024 – Spring/Summer 2024
WMBA registration
Students will be registered in the following terms per the WMBA program to complete 57 credits (updated March 2023).
- Spring/Summer term: 9 credits
- Fall term: 9 credits
- Winter term: 10.5 credits
- Spring/Summer term: 9.75 credits
- Fall term: 9.75 credits
- Winter term: 9 credits
The 2023 – 2024 tuition rates were approved by the University of Michigan Board of Regents in June 2023. 2024 – 2025 tuition rates and cost of attendance budget will be available July 2024.
All registered students will be charged for the mandatory registration fees per term. Class fees are dependent on the registered classes. For information on current tuition and fee rates, please visit the Office of the Registrar website.
WMBA Cost of Attendance Budget Information:
WMBA Cost of Attendance (COA) Budget for Summer 2023
| Estimated: | Michigan Resident | Non Resident |
| Tuition – Cohort 2022 (9.75 credits) Tuition – Cohort 2023 (9 credits) | $22,864 $21,119 | $22,864 $21,119 |
| Registration Fees | $166 | $166 |
| Books and Supplies | $394 | $394 |
| Food and Housing | $8,890 | $8,890 |
| Personal Expenses (including Health Care Insurance) | $3,313 | $3,313 |
| Federal Loan Fees | $112 | $112 |
| Cost of Attendance Total for the following cohorts: Cohort 2022 __________________________________________________ Cohort 2023 | $35,739 ________ $33,994 | $37,445 ________ $35,569 |
The Spring/Summer 2023 Cost of Attendance (COA) budgets was updated in early 2023. The Spring/Summer 2024 will have the COA budgets updated in 2024.
WMBA Cost of Attendance (COA) Budget for Fall 2023 and Winter 2024
| Estimated: | Michigan Resident | Non Resident |
| Tuition – Cohort 2022 (combined 18.75 credits) Tuition – Cohort 2023 (combined 19.50 credits) | $45,389 $47,189 | $48,670 $50,602 |
| Registration Fees | $332 | $332 |
| Books and Supplies | $812 | $812 |
| Food and Housing | $18,704 | $18,704 |
| Personal Expenses (including Health Care Insurance) | $6,820 | $6,820 |
| Federal Loan Fees | $224 | $224 |
| Cost of Attendance Total for the following cohorts: Cohort 2022 ___________________________________________________ Cohort 2023 | $72,281 _______ $74,082 | $75,562 ________ $77,494 |
The 2023 – 2024 Fall/Winter Cost of Attendance (COA) budgets was updated in July 2023. The 2024 – 2025 Fall/Winter COA budget will be updated in July 2024.
Cost of Attendance (COA) Budget
A student’s financial aid is awarded based on the above standard estimated Cost of Attendance (COA) budget. Students may borrow up to the Cost of Attendance budget; less other aid (such as scholarships and department aid) to cover other budget expenses. All funds, scholarships, loans or other funding received, must fit within the COA budget.
Any awarding after receiving full COA budget, may affect other aid. Please reach out to Ross Financial Aid to have financial aid reviewed to know if something will be affected.
Students enrolled less than the standard WMBA cohort program credits (refer to registration information above) in any particular term will be subject to a budget adjustment. Financial Aid will identify the students that are less than program credits after the University’s first initial Add/Drop date of the semester, and adjust student’s Cost of Attendance to match that of actual tuition charge on account, which may result in a reduction of awarded aid. To learn more about the University’s Add/Drop date, visit the Registrar’s website and click on “Calendars”> checkbox “Registration Deadlines”> select an “Academic Term” and hit “Submit” to view the University’s registration deadlines.
Sometimes the standard estimated Fall and Winter Cost of Attendance does not realistically meet a student’s actual expenses. Students that are in need of additional aid beyond the standard estimated Cost of Attendance budget, may want to seek a Budget Re-Evaluation.
Loan borrowing information
When students are looking to borrow loans to assist in the cost of tuition with or without the COA living/education expenses, they may be completing up to four (4) loan applications based on the type of loans and when the loans are needed for.
For students attending a program and registered in terms during different academic years, financial aid would be requested and awarded accordingly. Financial aid can be requested for an academic year but awarding would be per either a traditional or non-traditional term. Fall and Winter loan can be combined or separate but are considered a traditional term and would be certified as such. The Spring/Summer loan is considered a non-traditional term and any loans would need to be applied separately from Fall/Winter and would be certified as such by our Loan department.
Loan information on what options students may have are listed on our Loan page.
Terms, type of term, within which academic year for 2023-2026 terms:
| Term(s): | Type of term: | Academic Year: |
| Spring/Summer 2024 | Non-traditional term | 2022-2023 academic year |
| Fall 2023 and Winter 2024 | Traditional term(s) | 2023-2024 academic year |
| Spring/Summer 2024 | Non-traditional term | 2023-2024 academic year |
| Fall 2024 and Winter 2025 | Traditional term(s) | 2024-2025 academic year |
| Spring/Summer 2025 | Non-traditional term | 2024-2025 academic year |
| Fall 2025 and Winter 2026 | Traditional term(s) | 2025-2026 academic year |
Employer support information
Employer Sponsorship:
WMBA students with employer sponsorship to cover full or part tuition by their employers, can have the University of Michigan bill the employer for them to pay the coverage to the school. Sponsored students are those students that are registered and require for the University of Michigan Student Financial Services to bill an outside sponsor for tuition and fees while they attend the University of Michigan. Student Financial Services will process deferred third-party billing of tuition and fees to businesses, governments, agencies and organizations desiring to sponsor a student at the University of Michigan.
UM Student Financial Services – Sponsored Account Team Information:
- Phone: 734-764-7447
- Fax: 734-647-0061
- Email: um-sponsors@umich.edu
- Website: finance.umich.edu/finops/student/sponsoredstudents
Employer Support with a Tuition Reimbursement coverage:
A student’s employer that will covered tuition in full or partial as a tuition reimbursement after grades are released, they will want to explore the Ross Short Term Reimbursement Loan. This is a 3% loan that you apply for prior to the start of the semester. The loan funds would be used to pay towards only tuition prior to the term ending and grades being released for reimbursement. The loan would be due 2 months after the end of the borrowing semester.
Billing, other registration and fee information
The University of Michigan bills all registered students for tuition and registration fees.
- All registered students will be charged $166.19 for the mandatory registration fees per term.
- Class fees are dependent on the registered classes.
- International students:
- The International Health Insurance (part of personal expenses) charged each month per the IHI requirements.
- The International Student Service fee of $250 for Summer term, and $500 per Fall and Winter terms.
- Billing and payments are handled by the Student Financial Services.
Residency
Students who believe their residency status should be In-state (Michigan Resident) and not Out-of-state (Non-Resident), will want to contact the Residency Classification Office. Phone: (734) 764-1400; Email: ro.residency@umich.edu
Multidisciplinary Action Projects (MAP)
All first year Weekend MBA students, that have started in Spring/Summer 2023, will participate in MAP during their third semester (Winter 2024).
There is no cost to the student for participating in MAP. On behalf of the student, the participating MAP company sponsors will cover all MAP related expenses. To account for the cost of MAP covered by the company sponsors, and as per federal regulations, this support must be reported against the student’s account.
What this means to you and your financial aid:
For all Weekend MBA students participating in MAP in Winter 2024, an estimated ” Weekend MAP Ross Placeholder” of $1,248 will show on the financial aid award. This is to record the cost covered by the MAP company sponsors. All Weekend MBA Cost of Attendance budgets are also increased by $1,248 to accommodate this placeholder, and to not impact aid and loan borrowing eligibility. Therefore, the budget increase and the corresponding placeholder cancel each other out and create an equal balance of expenses and payments against the student’s account. The MAP placeholder will not reduce, refund or disburse against the student’s account / tuition cost.
For WMBA – Cohort 2023, the MAP WMBA placeholder and budget offset for Winter 2024 will be $1,248. The MAP placeholder will not reduce, refund or disburse against the student’s account / tuition cost.
Please contact Ross Financial Aid if you have any questions regarding financial aid or other questions. Be sure to include your UMID number in all correspondence with our office.
The Ross School of Business Office of Financial Aid is a satellite office of the University of Michigan Office of Financial Aid.
