One Year MBA Program Tuition and Expenses

You Save Money with Our One Year MBA Program

A full-time MBA program at top schools costs almost $200,000 on average, according to the Financial Times. Furthermore, the opportunity cost (money you don't earn while you're in the classroom instead of at a job) is estimated at an additional $123,000.

The one year MBA program at Lehigh is different because the length of the program is shorter, saving you money on tuition and lowering your opportunity cost. We know your time is valuable. 

Pre-MBA Leveling Training

$240 maximum cost
(optional and determined on a student by student basis based on previous undergraduate courses)

One Year MBA Tuition Cost

$64,750

One Year MBA Tuition Payment

Program Year 2020-2021. 

Tuition is payable in four semester payments. 

Approx. Payment Breakdown:
Summer: $12,950.00
Fall: $22,662.50
Winter: $6,475.00
Spring: $22,662.50

One Year MBA Financial Guarantee (International Applicants Only)

International applicants who accept the offer of admission must submit a copy of the financial guarantee demonstrating sufficient funds to meet educational expenses for the full program. Include a letter of sponsorship if the expenses will be paid by someone other than the student. The minimum amount you must cover to show solvency for immigration documents is $85,561 and includes the following costs:

Pre-MBA Leveling Training $240
Tuition $64,750
Health Insurance & Other Expenses $3,057
11 Month Living Expenses $17,514
Total $85,561

Please note: $85,561 is the minimum amount you must show for immigration purposes. The student's actual expenses will be greater and does not include $1,200 estimated for books and supplies, cost of optional immersion program during intersession, as well as personal and transportation expenses.

1-MBA, Business Analytics Concentration

For International applicants who are pursuing the 1-MBA Business Analytics concentration (August diploma), the minimum amount you must cover to show solvency for immigration documents is $87,153 and included the following costs:

Pre-MBA Leveling Training $240
Tuition $64,750
Health Insurance & Other Expenses $3,057
12 Month Living Expenses $19,106
Total $87,153

If an international 1-MBA student matriculates to Lehigh University as a 1-MBA student, then decides to pursue a concentration in Business Analytics, the student will need to show the additional living expenses to the Office of International Students & Scholars.  This would occur during the request to extend the F-1 visa during which a new I-20 with STEM designation would be issued.

I-20 Immigration Information

Steps to Getting Your 1-20

  1. You must electronically accept your offer of admission and submit an enrollment deposit of $1,000.
  2. You will then receive a follow-up email from Lehigh's OISS, Office of International Students & Scholars. This email will inform you on how to login to your iHome account. 
  3. In order for OISS to issue you an I-20, the following items MUST be completed through your iHome account:
    1. Review and verify your personal information 
    2. Verify your foreign address
    3. Upload your financial documents
    4. Upload your passport information
    5. If applicable, input your dependent's information 
  4. Once the above sections are completed, OISS will be able to create your I-20. Your I-20 will be mailed to you. You will receive an email confirmation with the shipping/tracking information.
  5. If you do not provide the information requested by the Summer II 2020 deadline of May 1, 2020, your I-20 will not be issued. You will then need to discuss the option to defer your offer. 

Housing

The cost of living in the Lehigh Valley is very affordable. The Office of Housing Services maintains on-campus graduate student housing that ranges from $700/month to $980/month with a variety of options. A list of off-campus apartments is available through their website. For more information on graduate housing, contact the Office of Housing Services at [610] 758-3500 or inhouse@lehigh.edu.

The Office of Graduate Student Life website contains comprehensive information on temporary and permanent housing, roommate forums and finders, a list of off-campus apartments, and links to local newspaper classifieds. Information on leases and city inspections may be obtained here too.

Health Insurance

Health Insurance Requirements

Lehigh University requires all full-time and certified full-time graduate students to have health insurance.

Enrollment is confirmed by completing the Enrollment Form by the published deadline. Students must be registered for their course work in order to enroll in the insurance plan.

The premium for academic year 2019-2020 is $2,057. Coverage begins in August for the standard plan. In addition, 1-MBA students can purchase additional coverage for the month of July. The additional premium for academic year 2019-2020 is $162. The standard coverage begins in the month of August, as some students may be covered under an employer plan for the month of July. Information will be posted shortly for 2020-2021.

Inaction on the student’s part will result in automatic enrollment in the student health insurance plan and the premium posted to the student account.

All international graduate students in F-1 or J-1 visa status are required to purchase the insurance provided by Lehigh University. Domestic students, however, may waive the requirement to purchase this insurance upon submission of proof of coverage from another ACA-qualified plan, such as one offered by an employer, spouse, or parent. 

Part-time students are not eligible to purchase insurance through Lehigh University's student plan.

For complete details on the Student Health Insurance plan, including complete eligibility requirements, effective dates and costs, enrollment periods, and the schedule of benefits, please see:

  1. Lehigh Bursar Student Health Insurance website
  2. Lehigh University Student Health Insurance Plan information available from University Health Plans

Health Insurance Subsidy

The subsidy program is offered to students who meet all criteria listed below on the payment subsidy date:

  • Full time or certified full time graduate student
  • Receiving assistantship or fellowship payments through the university payroll system
  • Have paid their Lehigh injury and sickness insurance premium in full or are signed up for payroll deduction of premiums

For 2019-2020, the annual premium for student only coverage will be $2,057. (Information will be posted shortly for 2020-2021). The University will provide a subsidy of $1,023.50 for the 2019-2020 year, thus, the out-of-pocket cost for individual coverage will be $1,033.50. Subsidy payments are automatically paid to all eligible students each semester and do not require application forms.

Eligible students will receive a subsidy payment of $511.75, minus the appropriate taxes, for each semester during which they qualify. The subsidy will be paid at the end of each semester (with the December 13th and May 15th paychecks). NOTE: If your paychecks stop before these dates, you will not be able to receive the subsidy.

The University’s insurance broker is University Health Plans http://www.universityhealthplans.com.  Due to the drastic changes that have been occurring in the insurance industry and in an attempt to provide affordable insurance coverage to our graduate students, the University no longer offers coverage for dependents. In order to help those students that require dependent coverage explore the dependent coverage available, University Health Plans will maintain a website that will list insurance companies that may provide coverage for dependents.

Students enroll in the University Health Plans insurance program by submitting to the Bursar:

AND

  • Payment (see form) or payroll deduction form http://financeadmin.lehigh.edu/content/payroll-forms before September 6, 2019 (annual 2019/2020 coverage or coverage only for fall 2019 semester) and January 31, 2020 (coverage only for spring 2020 semester for new students).

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