Tuition & Expenses

Estimated Cost of Attendance

Academic Year 2022-23

Two-Year MBA in Ithaca (first year cost)

Area of cost Fall/Spring Term
Tuition* $76,690
Mandatory Fees** $2,019
Housing & Food*** $20,016
Books & Supplies $1,100
Health Insurance**** $3,311
Personal/Transportation $4,486
Total $107,622

One-Year MBA in Ithaca

Area of cost Summer Term Fall/Spring Term Total
Tuition* $42,068 $76,690 $118,758
Mandatory Fees** $0 $519 $519
Housing & Food $7,784 $20,016 $27,800
Books & Supplies $550 $1,100 $1,650
Health Insurance*** $878 $3,612 $4,490
Personal/Transportation $1,946 $4,486 $6,432
Total $53,226 $106,423 $159,649

Cornell Tech MBA

Area of cost Summer Term – Ithaca Fall/Spring Term – NYC Total
Tuition* $42,068 $76,690 $118,758
Mandatory Fees** $0 $85 $85
Housing & Food $7,784 $29,270 $37,054
Books & Supplies $550 $1,100 $1,650
Health Insurance*** $878 $3,386 $4,264
Personal/Transportation $1,946 $4,486 $6,432
Total $53,226 $115,243 $168,469

* Although we make every effort to inform students of changes in advance, the amount, time, and manner of payment of tuition, fees, or other charges may be changed at any time without notice. Average tuition increase per academic year 3-5%.

**The mandatory fees assessed in the first year of the student’s MBA program include the Student Activity Fee, Health Fee, and an administrative charge for the Two-Year MBA in Ithaca.

***Based on data collected from our students the cost of a 1 bedroom apartment in Ithaca is approximately $1,624 per month. The average cost on Roosevelt Island campus, The House, is approximately $2,652 per month. Your living costs will depend on your lifestyle and living arrangements.

**** Estimated Student Coverage – All students are required to have health insurance. Students are automatically enrolled in the Student Health Insurance Plan. To appeal, students must demonstrate comparable coverage. For more information, including health insurance plan options and costs for the current aid year, please visit the Office of Student Health Insurance.

Additional Expenses

Discretionary lifestyle choices cannot be subsidized by federal OR private education loans. Additional expenses, listed below, can be used to increase the financial aid budget on a case-by-case basis after discussion with the Financial Aid Office.

  • Computer (one-time only)
  • International Course Trips for credit
  • Dependent Child Care

Please note that per federal regulations, eligibility for Federal student aid is based on a single student budget.

Cornell University Bursar Procedures

Most University charges and credits are processed through the University Bursar system. Tuition is billed on a semester basis. Your fall semester tuition bill will be available online mid-July and due by August 7. Note that for the One-Year MBA programs, summer tuition bills will be available online in May and due June 7. Your fall (or summer) tuition bill must be paid to register. Your admissions deposit will be credited against your first semester tuition. All academic year financial aid is disbursed in two equal installments (fall and spring) and credit to a student bursar account. If any of these funds result in a credit balance to your account, the credit will be refunded to you after university registration which occurs around the second week of classes for fall and late January for spring. You will receive instructions on how to sign up for financial aid refunds using direct deposit once you receive your electronic tuition statement mid-July.

Cornell offers online payment with CASHNet and a monthly installment plan. For wire transfers and/or international payments, please use Flywire. Please visit the Office of the Bursar for more information.

For further information, contact:

Financial Aid Office
117 Sage Hall
Johnson Graduate School of Management
Cornell University
Ithaca, NY 14853-6201
Email: Financial Aid

You can schedule a Financial Aid Advising session here.

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