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Costs & Financial Aid

The cost of attendance is an estimate of what it will cost a single student to attend school for nine months. Please note that costs vary depending upon your own individual circumstances. A standard cost of attendance is established for all students receiving financial aid. 

2008-2009 Estimated Cost of Attendance 3 Quarters
(9 months)

Tuition: Wavied
Activity Fee: $147
Health Service Fee: $531
Health Insurance (Basic):
Covered by PhD Program
Books: $2,100
Rent / Utilities: $13,500 ($1,500 per month)
Food: $5,400 ($600 per month)
Personal: $2,550
Transportation: $1,350
Total: $25,578

Financial Assistance

All students who are admitted to the PhD Program are automatically considered for financial assistance consisting of a tuition grant and stipend support. Financial assistance is granted on the basis of the student’s potential for scholarship and creative research. Students may work at part-time jobs and as teaching and research assistants to supplement their income. Such additional income will not reduce the financial assistance award.

Tuition Grants

Full tuition support is available for five years of full-time study, conditional on satisfactory progress in the program. Students remaining in the program beyond five years will be charged full tuition.

Stipends

Students who are offered stipend support with admission to the program will continue to receive stipend support for four years of full-time study, provided they continue to make satisfactory academic progress. 

Research Assistants (RA) and Teaching Assistants (TA)

The PhD Program imposes no work requirements during the first and second years, so that student can devote all their energies to their studies. During the  third and fourth years in the program, students are guaranteed the opportunity to serve as a teaching assistant. Students are free to obtain additional teaching and research assistant positions at any time during the program.

Fifth Year Awards

In the fifth year, students may apply for additional financial support through several competitive, merit-based fellowships.

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Fast Fact

In 1943 Chicago Booth pioneered the executive MBA degree for experienced managers. In addition to North America, the program is now offered in Europe and Asia, where it was also the first of its kind.


Last Updated 5/14/09