Costs

• a. undergraduate

The total cost of a semester of study at the Institute includes room and board, key deposit, student activity fee, CTA U-Pass, facilities fee, faculty development fee, technology fee, medical insurance, books and supplies, personal expenses, and fees for some courses and majors. The first seven of these, required of all students in residence, total approximately $4,000 - $5,000 per semester for students housed in a double occupancy room. The cost of books and supplies is estimated at $200 - $400 per semester, while personal expenses may total $300 per semester, depending on the student’s needs and desires. Special fees for music, aviation, and other subjects are listed on the corresponding program sections. Students may estimate their semester expenses by totaling all applicable fees listed on the webpages, plus personal items.

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• b. Graduate
• Semester Program
  

  Approximate Cost (per semester)
  On-campus student* (15 credit hours)	$8,150
  Off-campus student (15 credit hours, tuition only)	$4,200
  Room and Board	$2,246
  *This price includes tuition, room (double, on-campus) and board (10 meal plan) and does not include miscellaneous fees for things such as books, supplies, fees, medical insurance, or personal expenses.

  
  Breakdown of Cost
  

  Tuition
  Credit hour (effective July 1, 2007)	$280
  Noncredit (audit), 50% discount	$140
  MBI employees, 50% discount	$140
  On-Campus Housing - Jenkins Hall Apartments (9-Month Plan and Rate)
  Married/Single	$4,050
  Double, per person	$2,745
  Triple, per person	$2,295
  Confirm Deposit (one time payment)	$250
  Graduate students may choose to live off campus or on campus. On-campus housing is limited. The Student Development Office helps to locate area housing.
  Campus Board - Meal Plans (per semester)
  20 meals per week	$1,655
  15 meals per week	$1,475
  10 meals per week	$1,205
  Jenkins Hall married and graduate students have the option of purchasing a meal plan. Please direct inquiries to Food Service.
  Miscellaneous Fees
  Please see the Miscellaneous Fees Chart for detailed information.
  Deposits
  Continuing students are required to deposit $150 no later than the last day of final examinations to reserve residence hall space or to verify registration for the next semester. Your current school bill must have a zero balance before the enrollment deposit is accepted.