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Tuition & Financial Aid

The following tuition, fees and living expenses are estimates to assist you with planning. Tuition and fees are finalized the summer before each fall term. The intensity of the MBA Program and the time commitment involved preclude part-time employment during your first year of study at UNC Kenan-Flagler.

Financial Aid Budgets for Academic Year 2013-2014

Tuition and Fees (Per Academic Year)	NC Residents	Non NC residents
Tuition and mandatory fees¹	$34,560	$53,992
Total (with living expenses)²	$59,092	$78,524

¹Tuition and fees are finalized in the summer before each fall term. This is the most current estimate of tuition and fee amounts for the upcoming academic year. This information is provided to assist students in planning and in no way implies the actual charges for the upcoming academic year. The University Cashier's Office will bill students for tuition and fees. Please note that tuition is expected to increase every academic year. For NC Residents the tuition increase will likely be between 15% and 18% each academic year until the 2016-2017 year.

²A student's total financial aid (scholarships, fellowships, and all education loans) cannot be more than the estimated living expenses plus tuition and fees.

Living Expenses³	Per month	Per academic year
Books	N/A	$2,400
Food	$456	$4,104
Health insurance	$244	$2,200
Housing	$1,251	$11,260
Miscellaneous	$310	$2,786
Unsubsidized Loan Fee	N/A	$194
Travel	$176	$1,588
TOTAL	$2,437	$24,532

³Living expense estimates are based on reasonable cost of living for the Chapel Hill area. Students whose lifestyle choices exceed the reasonable cost of living amounts are responsible for covering those choices through resources other than financial aid. Certain allowable expenses can be added, with documentation of the cost. These include computer purchase (up to $1,700), day care (for children under 13 only), and commuting (for students living more than 15 miles from campus).

Additional Costs (academic year)	NC Residents	Non NC residents
Other fees⁴	$778	$778

⁴Other fees include:
$388 orientation fees, which are billed through the University Cashier's Office and are reflected on the fall bill for tuition and fees.
$390 MBA Student Association (MBASA) dues are paid directly to the MBASA during the first week of classes.

Additional Costs (Analytical Skills Workshop)	NC Residents	Non NC residents
Tuition and fees⁶	$800-$5,000	$800-$5,000
Living expenses (per ASW session)⁷	$3,248	$3,248

⁶Tuition and fees for ASW are based upon a student's actual enrollment. In order to be eligible for student loan funding for ASW, students must enroll in at least 2 courses to be considered at half-time enrollment.

⁷Living expense estimates are based on reasonable cost of living for the Chapel Hill area. Students whose lifestyle choices exceed the reasonable cost of living amounts are responsible for covering those choices through resources other than financial aid.