One-Year MBA Program Tuition and Expenses

The Lehigh one-year, full-time 1-MBA program is designed for professionals who wish to either pivot their careers toward a business-related area or accelerate their career growth within their chosen field. Its rigorous curriculum includes the functional areas of business and embraces the shared value model that recognizes various stakeholders in today’s high-tech, modern societies.

The one-year duration of this full-time, cohort program model, when compared to the traditional two-year MBA full-time model, significantly reduces the opportunity costs of those who forego their current employment to attend. Below is everything you need to know about tuition and expenses when considering the 1-MBA program.

One-Year MBA Tuition: $68,900

Pre-MBA Leveling Training

$199 maximum cost
(This is optional and determined on a student-by-student basis based on previous undergraduate courses. Read more)

Wellness Fee - $220

$110 per semester (Fall, Spring). Total of $220 per year.
The Wellness Fee supports the Health Center in its mission to provide access to physical and mental health care. 

Financial Guarantee

(International Applicants Only)

International applicants who accept the offer of admission must submit their 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 to show solvency for immigration documents is below and includes the following costs:

1-MBA Business Administration

• Tuition (includes Wellness Fee) $69,120
• Health Insurance & Other Expenses $5,532
• Living Expenses (11 months) $21,210
• Total $95,862

Matriculated students who change from the Business Administration major to one of the majors below will be required to remain on campus through the Summer of 2025. An additional financial guarantee in the amount of $6,340 to cover summer 2025 living expenses is required. An updated I-20 will be issued once the additional financial guarantee is submitted and verified.  

1-MBA with Concentrations: Business Analytics, Marketing, Supply Chain Management, and Financial Management

• Tuition (includes Wellness Fee) $69,120
• Health Insurance & Other Expenses $5,532
• Living Expenses (12 months) $27,550
• Total $102,202

Please note: The total amount is the minimum amount needed for immigration purposes. The financial guarantee amount does not include personal and transportation expenses, therefore, actual costs may be greater.

Immigration Information

Accept the offer of admission and pay the deposit as instructed in your offer letter.

The Office of International Students and Scholars (OISS) offers a comprehensive website for admitted degree-seeking students that lists detailed information on the following:

• F1 or J-1 visa process
• Housing
• Health insurance and vaccination information
• International student orientation
• Arrival information

Housing

The Office of Housing Services provides assistance and information for graduate students.

You should be prepared to pay the equivalent of three month’s rent. Most graduate students live off-campus in shared housing. The monthly cost per room can vary from approximately $700 to $1,000. Students who wish to live by themselves (without roommates) or with their partner or family, can expect to pay between $1000 and upwards of $2000 per month, depending on the location and apartment amenities. Many landlords require first and last month rent as well as a security deposit (up to the equivalent of one month rent). Some apartments include utilities (water, trash, internet), some do not. 

Housing options typically fall into three categories: University-owned and operated housing, affiliated housing, and off-campus rental housing. Explore your options early by visiting the Office of Housing Services website.

Health Insurance

All graduate students registered full-time (9 or more credits per term) or certified as a full-time student are required to have health insurance coverage. 

Lehigh University offers a student health insurance plan available for purchase through University Health Plans.

• Domestic students may waive the university’s offer of insurance by providing proof of coverage from a qualified plan.
• All F-1 and J-1 students must enroll in the university’s plan. 
• You must be registered for coursework before you can purchase health insurance through the university’s student plan.  

The cost of insurance for the 2024-25 year is $2,509 for the period from 8/15/24 to 8/14/25.

• Summer Student Health Insurance: students should reach out to bursar@lehigh.edu for eligibility confirmation and enrollment instructions.