Yale School of Management

The standard student budget determines the eligibility ceiling for calculating educational loans (both federal and private). The budget is based on the estimated cost for a single person to maintain a modest lifestyle in New Haven. These estimates are based on average expenses incurred by MBA students during the past several years.

Single Student Budget 2008-2009
$43,700 Tuition
$3,250 International Experience Fee
$350 Student Activity Fee
$1,617 Health Insurance
$13,720 Housing & Food*
$8,000 Personal Expenses
$800 Course Materials & Supplies**
$71,437 Total
* The housing and food figure assumes that you will share an off-campus apartment.
**Course materials include textbooks, course packets, online cases, and photocopies distributed in class.

Budget Adjustments

For students with families, the budget may be adjusted for health insurance and living expenses.

All students are required to own a laptop computer. U.S. citizens and permanent residents who need to borrow funds to purchase a laptop or upgrade existing equipment to meet the required specifications may be eligible for a one-time budget adjustment of up to $2,000 in the first year.

Joint-Degree Applicants

The graduate programs at Yale have different tuition rates and financial aid policies. Student budgets and aid allocations depend on the curriculum plan established for each joint-degree student. Each school will determine your financial aid for the period of enrollment at that school. You should contact each financial aid office to obtain the necessary forms.