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Tuition & Expenses

Estimated Budget—Full-Time Students

Students must carry a minimum of nine [9] credit hours per term to be considered a full-time graduate student. Students may also be certified full-time by the College of Business & Economics Dean's office if the student carries less than nine credits for a term which may occur during the last semester of study.

The figures presented below are the estimated costs for one year of study. Your actual costs may be higher.

Tuition [18 credits] $18,920 (based on 9 credits per semester)
Health Insurance $1,970 (2013-2014: subject to change)
Twelve months living expenses $14,400

Tuition is due by the first day of class and is payable by semester. Payment may be made to Lehigh University's Bursar's Office using MasterCard, Visa, American Express, Discover, or personal check.

Lehigh offers a payment plan that allows students to pay their tuition over three installments. An installment of 40% is due by the first day of class with two additional installments of 30% each due 30 and 60 days after classes begin.

Payment Information and forms for graduate students may be found at Lehigh University Bursar's Office.

Tuition Deferment -- Part-time students

Lehigh offers a tuition deferment plan for students with employer tuition reimbursement plans. Students utilizing this plan must sign a promissory note and pay a $50 fee per semester. Students must submit a new deferment form for each semester in which they choose to participate.


The cost of living in the Lehigh Valley is very affordable. The Office of Residential Services maintains on-campus graduate student apartments that range from $560/month plus utilities for an efficiency apartment to $730/month plus utilities for a three-bedroom apartment. A list of off-campus apartments is available through their website. For more information on graduate housing, contact the Office of Residential Services at [610] 758-3500 or

The Office of Graduate Student Life website contains comprehensive information on temporary and permanent housing, roommate forums and finders, a list of off-campus apartments, and links to local newspaper classifieds. Information on leases and city inspections may be obtained here too.

Sickness & Injury Insurance

Lehigh University has entered into an agreement with University Health Plans, Inc. to provide graduate students with the option to purchase sickness and injury coverage.

THe Bottom Line
Anne Anderson
Associate Professor of Finance and Joseph R. Perella and Amy M. Perella chair
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