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Tuition & Costs

You know the value of a quality education, and you know the value of your dollar — two of the many reasons to choose the Illinois MBA. For Illinois state residents, our MBA program is one of the best bargains around. BusinessWeek recently named the Illinois MBA a top school for return on investment. In addition, Champaign-Urbana is not only a great place to live, but it also has a low cost of living. There are also plenty of opportunities for scholarships and financial aid for both Illinois residents and international non-residents.

Estimated Expenses
Tuition 1 $21,973 $32,973 $32,973
Fees 1 $3,506 $3,506 $3,506
Living Allowance 2 $11,400 $11,400 $15,201
Other 2 $3,460 $3,460 $3,460
Books/Supplies $2,429 $2,429 $2,429
Orientation/Professional Development Fees 3 $1,000 $1,000 $1,000
Estimated Total $43,768 $54,768 $58,569

1 Tuition and fees are subject to change. The tuition figures found here are based on 2014-2015 tuition rates. 2015-2016 fees have not been approved yet but may increase by as much as 5%. The living allowance, books/supplies, and other expenses are only estimates. Please note that financial aid may not be approved for the total expense level, especially those exceeding the non-resident levels.

2 $12,058 is the estimated living expense expected for the nine-month school year. To be in compliance with regulations set forth by the U.S. Citizenship and Immigration Services (USCIS), the University of Illinois at Urbana-Champaign is required to estimate the living allowance of international graduate students for an entire calendar year, which is why this estimate is higher for international students.

3 These dues are not charged to second-year students.

International students must verify $54,724 (personal finances plus annual scholarship) to have I-20 or DS-2019 issued for visa purposes.

For more information regarding tuition and fees, contact the Office of the Registrar.

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