The Full-Time MBA program is an investment in your future, and Lehigh offers several ways to make it more manageable. Below is a full breakdown of tuition, fees, and the funding options available to MSAE students.
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Full-Time MBA Tuition
The FT-MBA tuition is the same for domestic and international students.
- Per-credit tuition: $1,540 per credit hour
- Total 42-credit tuition: $64,680
Tuition is due prior to the first day of class in each semester. Information on billing, due dates, and payment plans (available for the fall and spring semesters) may be found on the Bursar’s website.
Incoming students, who have been awarded a scholarship, will receive the total award during the first year. The amount will be evenly distributed and reflected on the billing statements for the fall and spring semesters.
Please note that scholarship awards are not reflected on billing statements for summer or winter semesters. Most students complete the full-time MBA program within 11-13 months. Students should plan their budgets accordingly, as scholarship funding is awarded only during the first year (i.e. fall and spring semesters) and is not renewable.
Need help funding your education?
Lehigh aims to make graduate education affordable with various scholarship offerings and financial aid. See if you qualify.
- $199 is the maximum cost.
- This is optional and determined on a student-by-student basis based on previous undergraduate courses. Read more.
- $250/year ($125/semester)
- Only charged during the fall and spring semesters
- Supports the Health Center's mission to provide access to physical and mental health care
- $630/year ($315/semester)
- Only charged during the fall and spring semesters
- Supports the digital infrastructure that enhances your academic experience, including access to learning platforms, software, and virtual resources
- $1,000 (one-time fee)
- Applied toward tuition upon enrollment
- All graduate students registered full-time (9 or more credits per term) are required to have health insurance.
- The cost of the university student health insurance plan for 2026–27 is $2,860 (August 15, 2026 – August 14, 2027).
- Domestic students may waive the university plan by providing proof of alternative coverage. All F-1 and J-1 students must enroll in the university plan.
Health Plan, Costs and Deadlines
Lehigh University Bursar's website
- Eligibility
- Semester-based Information
- Enrollment details
- Billing
University Health Plans website
- Enrollment Forms, Waiver Form
- Costs
- Deadlines
- Benefits
- Claim Forms
- Plan Options
Health Insurance Subsidy
Access to good insurance is essential for the health of our students. To this end, the University established a subsidy program to help eligible graduate students who receive stipend payments, and their dependents, pay for health insurance.
- Most graduate students live off-campus.
- Monthly room costs range from approximately $700–$1,000 in shared housing, and $1,000–$2,000+ for private accommodations, depending on location and amenities.
- Visit the Office of Housing Services for current listings and options.
International Students
Financial Guarantee
International students who accept admission must submit documentation demonstrating sufficient funds to cover one year of study. Include a letter of sponsorship if the expenses will be paid by someone other than the student. Minimum amounts required for immigration purposes:
- Tuition & Fees $65,560
- Living Expenses $23,076
- Utilities $3,150
- Health Insurance & Other Expenses $6,250
Total $98,036
Note: These figures are the minimum required for immigration purposes and do not include personal or transportation expenses.
Immigration Information
For information on the F-1 or J-1 visa process, housing, and international student orientation, visit the Office of International Students and Scholars (OISS).
FT-MBA Scholarships
Lehigh’s scholarships for MBA programs are merit-based and determined by the strength of your application and/or academic performance while enrolled. FT-MBA scholarship applicants must first receive an offer of admission to the program to be considered for an award.
The Committee on Scholarships and Financial Aid will consider an applicant's completed application and qualifications when determining scholarship awards. All scholarships are granted at the sole discretion of Lehigh University. The university reserves the right to adjust scholarship offerings at any time. Any admitted applicant who is awarded a scholarship will have that scholarship honored.
Note: Scholarships apply only to tuition costs. It is the student's responsibility to cover any additional fees and expenses beyond the tuition.
All applications are automatically reviewed for a partial-tuition merit-based scholarship. GMAT or GRE scores are not required for eligibility, and no separate scholarship application is necessary.
To be considered for a scholarship, applicants must first receive an offer of admission to the program. Most scholarships are awarded based on merit and determined by the overall strength of the application. The Committee on Scholarships and Financial Aid evaluates each applicant’s complete application and qualifications when making award decisions.
Veteran Benefits
Lehigh participates in the Yellow Ribbon Program, which—when combined with Post-9/11 GI Bill (Chapter 33) benefits—can cover 100% of tuition for eligible veterans. Veterans applying to the MSAE program are also eligible for an application fee waiver. Contact business@lehigh.edu before submitting your application to receive the waiver.
Learn More About Veterans Education Benefits
Financial Aid
The University's Office of Financial Aid is committed to helping students fund their Lehigh education, no matter their financial circumstances. College-awarded financial aid is based on academic performance and, in some cases, work experience.
To be considered for financial aid, students must file a complete application and be admitted to the program by January 15. Aid is awarded through the Graduate Financial Aid Committee in March for the following academic year.
Students being considered for financial aid will be contacted by the supervising professor for an interview. Faculty will not interview students who have not applied and been admitted to a graduate program within the College of Business.
Lehigh University College of Business MBA & Specialty Masters international students can apply for student loans through the companies listed below. Lehigh University does not endorse these companies and provides this list for informational purposes only. Students should always do their own research and due diligence before accepting any financial aid.
Learn More About Graduate Financial Aid
Have questions? Get in touch with our staff!