NYU MBA Fees & Cost of Attendance: Complete Financial Guide

Overview

The NYU Stern School of Business Full-Time MBA is a two-year, on-campus program located in the heart of New York City, offering unmatched access to global finance, consulting, technology, and entrepreneurial ecosystems. While Stern is consistently ranked among the world’s top MBA programs, understanding the true cost of attendance is critical for effective financial planning.

This guide NYU MBA Fees provides a clear, official, and detailed breakdown of NYU Stern MBA tuition, fees, scholarships, funding options, and cost of living, based only on NYU Stern’s official financial aid and tuition disclosures.

NYU MBA Fees

NYU Stern calculates financial aid eligibility using a standardized Cost of Attendance (COA), which includes tuition, mandatory fees, and estimated living expenses.

Tuition & Mandatory Fees

The LAUNCH orientation fee is mandatory and covers academic preparation, onboarding programs, and career foundations prior to the start of classes.

Estimated Living Expenses

NYU Stern provides conservative but realistic estimates for student living costs in New York City.

Total Cost of Attendance

Annual & Two-Year Cost Summary

This $271,600 figure represents the official maximum budget used by NYU Stern to determine eligibility for scholarships, loans, and financial aid.

NYU MBA Scholarships

NYU Stern offers merit-based scholarships only. There is no separate scholarship application all admitted Full-Time MBA candidates are automatically considered during the admissions process.

Key NYU Stern MBA Scholarships

Dean’s Scholarship

• Covers full tuition and mandatory fees

  
  

• Awarded to candidates with exceptional academic excellence, leadership, and career impact

  
  

Named Faculty Scholarship

• Covers full tuition and fees

• Includes faculty mentorship aligned with the student’s academic or professional interests

Advancing Women in Business Scholarship

• Full tuition support over two years

  
  

• Awarded to women demonstrating leadership and commitment to advancing gender equity in business

  
  

Forté Fellowship

• Offered in partnership with the Forte Foundation

  
  

• Granted alongside a Stern merit scholarship

  
  

• Focuses on high-potential women leaders in business

  
  

ROMBA Fellowship

• Offered in collaboration with Reaching Out MBA

  
  

• Awarded to candidates demonstrating leadership within the LGBTQ+ community

  
  

Scholarship Coverage Insight

• Around 20–25% of Full-Time MBA students receive a Stern scholarship

  
  

• Awards range from partial tuition grants to full tuition coverage

  
  

• Scholarships are non-repayable and apply across both years

  
  

Cost of Living

Living in New York City is a defining part of the Stern MBA experience. While costs are higher than most global cities, they are offset by proximity to internships, networking, and career opportunities.

Average Monthly Cost Breakdown

Actual costs vary significantly depending on housing location (Manhattan vs Brooklyn/Queens), lifestyle, and shared accommodations.

Funding Options Beyond Scholarships

Students commonly combine multiple funding sources to manage the total cost:

• Federal and private student loans (up to full COA)

  
  

• Employer sponsorship or tuition reimbursement

  
  

• External fellowships and nonprofit funding

  
  

• Personal savings and education loans from home countries

  
  

NYU Stern’s financial aid office structures loan eligibility strictly around the published COA to ensure realistic budgeting.

Is NYU MBA Worth the Cost?

The NYU MBA represents a significant financial investment, but one backed by:

• Strong placement outcomes across finance, consulting, technology, and strategy

  
  

• Access to New York City’s unmatched professional ecosystem

  
  

• A powerful global alumni network

  
  

For candidates who secure merit scholarships, the return on investment improves substantially, especially when combined with post-MBA compensation and long-term career mobility.