Lehigh provides funding opportunities to students in the Ph.D. in Business and Economics Program
All students accepted into the Ph.D. Program in Business and Economics are offered funding packages that include four academic years of tuition remission and a stipend to cover living expenses. The standard funding package provided by the College of Business requires students to serve as teaching assistants during each semester. However, students in their third and fourth years of study may also serve as research assistants or apply for semester-long fellowships.
In addition to College of Business assistantships and fellowships, outstanding applicants to the Ph.D. program will be considered for Presidential and University fellowships. Recipients of these fellowships receive a stipend during their first year of study, and are not required to provide service to the College. If selected for a Presidential fellowship, they also receive a budget for research expenses.
Although we do not accept students on a part-time basis, individuals with funding from external sources for full-time study, such as foundation or government fellowships, are welcome to apply to the program. Admission decisions are made on a rolling basis, and students must apply by January 1 to be considered for Presidential and University fellowships and College of Business assistantships.
While the program does not guarantee funding over the summer, Ph.D. students at all levels may apply for summer research assistantships, and the College supports several summer instructor positions for third and fourth year students. Historically, the percentage of students that remain at Lehigh University over the summer who receive funding is very high.
Tuition for the Ph.D. in Business and Economics Program
The cost for the Ph.D Program is $1,145 per credit hour.
Tuition rates for the 2020-2021 academic year.
Financial Guarantee (International Applicants Only)
International applicants who accept the offer of admission must submit an original or notarized financial guarantee demonstrating sufficient funds to meet educational expenses for the first year of study. Financial support letters from the college are to be used for this purpose. Scanned copies of the original bank statement or bank letters are acceptable for amounts not covered by college support, if any. The financial guarantee should be no more than 6 months old. 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 $37,997 and includes the following costs:
|Tuition (based on 18 credits hours)||$20,610|
|Health Insurance & Other Expenses||$3,057|
|12 Month Living Expenses||$14,330|
Please note: $37,997 is the minimum amount you must show for immigration purposes. The student's actual expenses may be greater. The financial explanation of costs per program can be seen on the tuition webpage.
Immigration documents will be issued to you upon:
- Acceptance of an offer of admission from Lehigh University and return of signed copy of offer letter
- Upload and verification of your financial guarantee and documents
- Upload Passport Information
- If applicable, input your Dependent’s Information
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  758-3500 or firstname.lastname@example.org.
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 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.
The premium for academic year 2019-2020 is $2,057. Coverage begins in August. 2020-2021 information is coming soon.
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:
- Lehigh Bursar Student Health Insurance website
- 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 2018-19, the annual premium for student only coverage will be $1,918. (2020-2021 information is coming soon.) The University will provide a subsidy of $954 for the 2018-2019 year, thus, the out-of-pocket cost for individual coverage will be $964. 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 $477, 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 14 and May 15 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:
- a completed application for the insurance plan
- Payment (see form) or payroll deduction form http://financeadmin.lehigh.edu/content/payroll-forms before September 7, 2018 (annual 2018/2019 coverage or coverage only for fall 2018 semester) and February 1, 2019 (coverage only for spring 2019 semester for new students).
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