Weekend MBA Program Description
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 2022-2023
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.
TUITION PER CREDIT HOUR COST SHEETS:
Fall 2022, Winter 2023 and Spring/Summer 2023 Cost Sheets –
Students will be registered in the following terms and completing 57 credits (updated mid-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 2022- 2023 tuition rates were approved by the University of Michigan Board of Regents in June 2022. The 2023 – 2024 tuition rates and cost of attendance budget will be available July 2023.
For information on current tuition and fee rates, please visit the Office of the Registrar website.
Weekend MBA Cost of Attendance Budget
Spring/Summer 2023 Cost of Attendance For Weekend MBA Cohort 2023
|Estimated:||Michigan Resident||Non Resident|
|Tuition – Cohort 2022 (9.75 credits)|
Tuition – Cohort 2023 (9 credits)
|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:|
Your financial aid is awarded based on the cost of attendance budget. You can borrow up to the Cost of Attendance budget; less other aid (such as scholarships and department aid) to cover the other budget expenses.
The University of Michigan bills all students for tuition and registration fees. Housing is billed if you live in University of Michigan housing. International students are billed for International Health Insurance (part of personal expenses) each month and an additional student service registration fee of $500 per semester.
Sometimes the standard estimated 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.
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. 5000 LS&A Building, South State St. Ann Arbor, MI 48109-1382 Phone: (734) 764-1400 500 Fax: (734) 615-2432
Multidisciplinary Action Projects (MAP)
All Weekend MBA students (that started Spring/Summer 2022) will participate in MAP during their third semester (Winter 2023).
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 2023, an estimated ” Weekend MAP Ross Placeholder” of $1,189 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 $1,189 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.
Please contact Ross Financial Aid if you have any questions regarding this process.
The Ross School of Business Office of Financial Aid is a satellite office of the University of Michigan Office of Financial Aid.