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Tuition and Fees

2012-13 tuition at Thunderbird is $1,436 per credit hour. The MS in Global Finance program is 45 credit hours with a second-language proficiency requirement for graduation. The second-language proficiency requirement may be waived on the basis of documented second-language proficiency and/or satisfied through an additional 6 credit hours of language coursework.

More than 68 percent of all Thunderbird students regularly receive some form of financial aid—loans and/or awards—to complement their own resources.

Find out about the variety of funding options offered through Thunderbird's Financial Aid office. For more information, e-mail finaid@thunderbird.edu.

Illustrative Tuition Schedule

Costs are in U.S. dollars, unless otherwise noted. This applies to any and all Thunderbird communications.

Tuition and Fees 2012-13
Amount due at Registration
Housing (per person - per trimester)
  Housing Fees  
    A and B Residence Halls $1,535
    West (B Room) Residence Hall $1,535
    East Residence Hall $1,435
    West (A Room) Residence Hall $1,350
    Board (Campus Residents Only) $695
   
Tuition:
  Students per credit hour $1,436
  Spouses of Students $1,436
  Foundation Fee $700
  Internships  
    0.33 Credits $474
    1.5 Credits $2,154
    3.0 Credits $4,308
     
Other Fees:
  Materials Fee $22 per credit hour (3)
  Student Health Insurance $540* (1)
  TEM Lab Fee $1,100
  T-Bird Student Government Fee $150 (2)
  Off-Campus Administrative Fee (in addition to tuition) for each Module Abroad, Exchange Program, and Winterim/Summerim $350
  Activity Fee per Module Abroad $350
  Housing Fee per night in excess of trimester $15
  *Insurance rates for the 2012-13 academic year will be posted July 2012.
(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. 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.
(2) The Thunderbird Student Government (TSG) Fee is $150 per trimester. The money is managed by TSG.
(3) This fee does not apply to courses taken for the purpose of meeting language requirements, exchange programs hosted at off-campus locations, and internships. The Materials Copyright Fee is non-refundable after the dropp/add period has ended.
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:
Thunderbird School of Global Management
1 Global Place
Glendale, AZ 85306-6000
Accounting Office
PH: 602-978-7140
FAX: 602-978-7787

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 and all fees is to be made no later than the published payment deadline each trimester/interim..

Students who fail to do so 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 $695 meal plan purchase must be made the first day of class.

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 2012-Summer 2013, the rate per trimester is as follows:

  • Student $540
  • Spuse $1,724.32
  • 1 Child $1,265.79
  • 2 or more children $1,724.32

*Insurance rates for the 2012-13 academic year will be posted in July 2012.

Dates of coverage for the 2011-2012 academic year will be as follows:

  • Fall 2011, August 24, 2011-December 31, 2011
  • Spring 2012, January 1, 2012-April 30, 2012
  • Summer 2012, May 1, 2012-August 23, 2012

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 Angie Tizzano, Office of Human Resources, 602-978-7070.