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Tuition and Fees
Tuition for the full-time MBA in Global Management program for students entering and continuing in Fall 2009 is $1,299 per credit hour. The Traditional MBA requires 60 credit hours for completion. The Accelerated MBA requires 46.5 credit hours for completion. The fee for the Professional Development courses is $975 a one time fee paid in the first trimester.
More than 68 percent of all Thunderbird students regularly receive some form of financial aid loans and/or awards to complement their own resources.
Thunderbird's full-time MBA in Global Management program offers a variety of funding options through the school's Financial Aid office. For detailed information about the financial aid options, please review Financial Aid.
Tuition Schedule
Costs are in U.S. dollars, unless otherwise noted. This applies to any and all Thunderbird communications.
Tuition and Fees 2009-10
Amount due at Registration | |||
Housing (per person - per trimester) | |||
| A and B Residence Halls | $1,340 | ||
| West (B Room) Residence Hall | $1,340 | ||
| East Residence Hall | $1,245 | ||
| West (A Room) Residence Hall | $1,165 | ||
| Board (Campus Residents Only) | $675 | ||
| Tuition | |||
| Per credit tuition | $1,299 | ||
| Spouses of students per credit tuition | $1,299 | ||
| Foundation Fee | $625 | ||
| Internships | |||
| 0.33 Credits | $429.00 | ||
| 1.5 Credits | $1,949.00 | ||
| 3.0 Credits | $3,897.00 | ||
| Professional Development Courses (3-4 required) | $975 | ||
Other Fees: | |||
| Materials Fee | $19 per credit hour | ||
| Student Health Insurance | $515*(1) | ||
| T-Bird Student Government Fee | $150(2) | ||
| Off-Campus Administrative Fee (in addition to tuition) for each Module Abroad, Exchange Programs, and Winterims/Summerims | $350 | ||
| Activity Fee per module abroad | $350 | ||
| Housing Fee per night in excess of trimester | $15 | ||
| Financial Registration Late Fee | $50 | ||
*Based on 2009-2010 figures. The fees for the 2010-2011 academic calendar will be posted in during the summer 2010.(1) All students are required to carry adequate health insurance and are eligible to participate in the School plan. Students may waive the School plan by presenting evidence of comparable or superior insurance coverage by Friday of the first week of class. Regardless of whether a waiver is granted, $50 is still charged to cover costs for the on-campus Medical Clinic. Once a waiver is granted, the student may not obtain coverage during the remainder of the trimester if their plan terminates or their circumstances change. The Thunderbird insurance policy provides for international coverage. Students who have a comparable policy and plan to attend an overseas program should find out whether or not their policy will cover international claims. Students attending a Winterim session are covered by the student health insurance policy unless the insurance is waived. The fee will be assessed in the following trimester.
Note: The statements above are provided in accordance with the institution's business license agreement with the Arizona State Board for Private Post-Secondary Education.The School reserves the right at any time to amend its tuition fees and methods of payment, in addition to any policies regarding such tuition, fees and payment methods.The tuition and fees schedule above has been set forth by the Thunderbird Finance and Accounting Office and approved by the Thunderbird Board of Trustees.For questions, please contact:
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Tuition Deposit
A non-refundable tuition deposit of $625 is required upon receipt of a Conditional Acceptance offer to confirm acceptance.
Acceptable Forms of Payment
Money orders, personal, cashier's or traveler's checks, payable to Thunderbird; MasterCard, Visa and American Express are all acceptable for payment of tuition and fees. All checks must be in U.S. funds. Electronic transfers will be posted to student accounts. The School cannot accept cash payments.
Refunds
- If a student withdraws or is dismissed from the School during a trimester, the tuition charge (not including fees) will be refunded according to the refund schedule.
- The refund schedule also applies to any student who, in reducing his or her hours, becomes eligible for part-time tuition.
- Tuition and fees for Winterim courses are not refundable.
Period of Student Status from Start of Class |
Percent of Tuition to be refunded |
| One week or less | 100% |
| Two to three weeks | 80% |
| More than three, up to four weeks | 60% |
| More than four, up to five weeks | 40% |
| More than five, up to six weeks | 20% |
| Over six weeks | 0% |
Tuition, Room and Board
Payment in full for tuition, room and board is to be made at registration or in the Accounting Office, no later than the first day of classes.
Students who fail to do so will be charged a late registration fee and will be dropped from their classes. Reinstatement, on a space-available basis, requires payment of tuition and a late registration fee. This includes those students who are expecting financial aid. Finance charges of 1 percent per month will accrue on the second day of any unpaid balance (except where prohibited by federal student loan regulations). Students must clear up any unpaid balance or provide proof of ability to pay prior to registering for any subsequent trimester. Failure to make full restitution on any unpaid balance will result in the School withholding transcripts and diplomas. The School will avail itself, if necessary, of any or all legal means of collecting unpaid balances including charging reasonable and customary legal fees.
Learn more about housing »
Additional Expenses
Students need to budget for books, materials fee, personal computers and instructional supplies, as well as for miscellaneous and unexpected expenses. For most students, the cost of books and supplies averages about $530 per trimester. The price for a laptop computer with the required features and configuration costs approximately $1,200. For those students living on campus, a $675* meal plan purchase must be made the first day of class.
*Based on 2009-10 meal plan cost. Amount may change for 2010-11 academic year.
Special Fees and Credits
Various fees may be required of continuing students for special programs and activities, such as Winterim courses, and overseas or exchange programs. Students are notified of the amount of the fee at special meetings and/or registration for the individual program.
Student Health Insurance
All students are required to carry adequate health insurance, and are eligible to participate in Thunderbird's health insurance program. Each trimester they are enrolled, entering and continuing students who prefer to use their own insurance may qualify for a waiver of coverage by presenting evidence of comparable or superior insurance coverage by Friday of the first week of class. -0- credit interns must also pay for Student Health Insurance unless waived. Once a waiver is completed, the student may not obtain coverage during the remainder of the trimester if their plan terminates or their circumstances change. The Thunderbird insurance policy provides for international coverage. Students who have a comparable policy and plan to attend an overseas program should find out whether or not their policy will cover international claims.
Beginning Fall 2009, the rates per trimester are:
- Student $515*
- Spouse $1,478.32*
- 1 Child $1,085.21*
- 2 or more children $1,478.32*
*These costs are based on Fall 2009 rates and will be updated during summer 2010..
Thunderbird's standard student insurance policy includes a limited accident and sickness insurance plan with a $100,000 lifetime maximum benefit. Inquiries about the Student Health Insurance program should be directed to the Office of Human Resources, 602-978-7070.