Evening MBA

Tuition and Financial Aid

To help estimate the expense of attending the Evening MBA Programs, here are the costs for the 2017 - 2018 academic year:


One-time Administrative Service Fee


One-time Student Activity Fee


One-time Lifetime Transcript Fee


 Book fee (Booth courses only)



2017 - 18 Tuition per Course 



Tuition Bills Generated for E-Bill

(Friday, Week 1)

Tuition Bills Mailed

(Monday, Week 2)

Tuition Due

(Friday, Week 4)

* Fees subject to change based on student's entry quarter and year
** Tuition is adjusted yearly in the Summer Quarter

Financial Aid

Every student is eligible for financial aid. However, the options are different for US citizens, US permanent residents, and international students. Weekend MBA Program applicants who currently work in a 501(c) nonprofit or the government, and plan continue working in these sectors post-MBA, may apply for a scholarship through the Civic Scholars Program.

Student loans for US Citizens and US Permanent Residents

There are three loan programs available to Evening MBA and Weekend MBA students.

Direct Unsubsidized Loan - The Direct Unsubsidized Loan is available to US citizens and US permanent residents who enroll in two or more courses each quarter. The Direct Unsubsidized Loan, which is not credit-based, carries a fixed interest rate and an annual borrowing limit of $20,500.

Direct PLUS Loan - The Direct PLUS Loan is available to US citizens and US permanent residents who enroll in two or more courses each quarter. The Direct PLUS Loan is a credit-based federal loan that can be used to supplement the Direct Unsubsidized Loan. The interest rate is fixed. Students can borrow up to the full cost of attendance (set by the financial aid office) minus all other financial assistance.

Private, credit-based alternative loan - All students can apply for a private, credit-based alternative loan. Students can borrow up to the full cost of attendance (set by the financial aid office) minus all other financial assistance. The terms of private loans are set by the lender.

Yellow Ribbon - Chicago Booth participates in the Yellow Ribbon Program which is an additional enhancement of the Post-9/11 Veteran's Educational Assistance Act of 2008, which allows institutions of higher learning in the United States to enter into an agreement with the Veterans Administration (VA) to fund tuition expenses that exceed the highest public in-state undergraduate tuition rate. Yellow Ribbon awards are available to all veterans at Chicago Booth who qualify under the VA guidelines. For academic year 2017–18 Chicago Booth will offer up to $15,000 per year in Yellow Ribbon scholarship support and the VA will provide up to $15,000 in additional funding. The Yellow Ribbon awards are in addition to other VA programs. You can find the application through the University Registrar.

Student Loans for International Students

Chicago Booth is committed to providing financing opportunities for all students regardless of citizenship status and offers a loan program to international students with no US cosigners. International students who have US cosigners have multiple private loan options. More detailed information regarding these programs will be made available via the admitted students website upon admission to the program.

Please Note (OFAC Sanctions): In accordance with regulatory guidelines, the following applicants are NOT eligible for Chicago Booth’s loan program for international students with no US cosigner—applicants from Office of Foreign Assets Control (OFAC)-sanctioned countries; and applicants identified by name, or related to or connected with anyone on the OFAC Specially Designated Nationals List. All such applicants will be required to make alternative financing arrangements.

Loan Policy - You can review the loan policy for the University of Chicago Booth School of Business in the loan policy documentation (PDF).

Scholarship Opportunities

Entrepreneurial Scholars Scholarship - The Entrepreneurial Scholars merit-based scholarship is available to prospective Evening MBA and Weekend MBA Program students who have demonstrated success in entrepreneurial ventures. The scholarship is designed for those who are currently running entrepreneurial ventures and are committed to an entrepreneurial career path.  The Scholars will continue developing their venture while applying learnings from the MBA Program in real time, and be actively engaged in Booth’s robust entrepreneurial community. The scholarship will award $100,000 towards their MBA. If you would like to learn more about Chicago Booth Entrepreneurial Scholars, please email Stephanie Gunn at stephanie.gunn@chicagobooth.edu.

Contact Information

For additional information on financial aid, please contact Chicago Booth Office of Admissions and Financial Aid at 773-702-3964 or financial.aid@ChicagoBooth.edu