Fees and Financial Aid

Tuition and Fees
Students in the Part-Time MBA Program pay for classes on a per-class basis as the classes are taken. Students pay for courses before the start of each quarter. Students take a total of 20.5 classes to earn an MBA but students pay for 20 units (excluding the ½ unit Values, Ethics & Strategic Crisis Management that all students take).

The following tuition fees apply to the 2007-2008 academic year. The cost per one unit increases each academic year in the fall quarter by approximately 6.5 to 8%. Part-Time MBA students can apply for financial aid; please consult the Financial Aid section below for information about the process

Financial Aid
Whether students are seeking full financial aid to fund their education or requesting aid to offset costs because their employer does not provide 100% reimbursement/sponsorship, the Office of Financial Aid on the Chicago campus of Northwestern University serves the educational financing needs of all students enrolled in the part-time program. Students applying for financial aid are offered loan assistance to meet their costs; no institutional scholarships or grant aid is available for part-time students. For a summary of financial aid options available to students in the part-time program, please refer to our
summary form. (PDF)

Loan assistance is available from two major sources: the Federal Family Education Loan Program (FFELP) and alternative loan programs from private lenders. The FFELP includes the subsidized and unsubsidized Federal Stafford Loans. Individuals taking two courses per quarter may be eligible for loans through these governmental loan programs. For details regarding federal loans, please refer to the U.S. Department of Education Student Guide.

Although the part-time program does not offer any grant assistance to students, there are a variety of scholarship programs offered through various civic and professional organizations, as well as through state agencies and private foundations. Students are encouraged to investigate what programs may be available to them. Check out the Financial Aid Web site: http://www.finaid.org for scholarship information. The Kellogg School and Northwestern University are neither affiliated with this Web site nor responsible for the accuracy of its content.

If admitted to the Part-Time MBA Program, new students should download, complete and return the necessary forms to the Northwestern Office of Financial Aid on the Chicago Campus. The financial aid information that students download and complete includes a University Aid Application for Northwestern University and the FAFSA (Free Application for Federal Student Aid). These forms are located on Northwestern Office of Financial Aid's Web site.

When the FAFSA has been processed, a Student Aid Report will be sent to the schools indicated in the FAFSA, as well as to the student. The Office of Financial Aid will use this report to determine an admitted student's eligibility for financial assistance. The FAFSA can be filed online; for more information go to http://www.fafsa.ed.gov.

Please note that the Part-Time MBA Program at the Kellogg School does not process the financial aid documentation for part-time students. Rather, the Northwestern University Office of Financial Aid on the Chicago campus manages the qualifications and processing for part-time students.