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Pursuing an MBA from a top-ranked business school can be a life-changing decision. However, the cost of attending a business school can be a significant financial burden, especially for international students. In this blog post, we will be discussing the Dartmouth Tuck MBA fees for Indian students, including tuition fees, living expenses, scholarships, ROI, part-time jobs, and Indian student visa work-hour restrictions.
Dartmouth Tuck MBA Tuition Fees
The MBA programme at the Tuck School of Business at Dartmouth College is one of the best in the United States. As with any top-tier business school, the expense of attendance can be substantial. Here is a breakdown of the estimated costs for the academic year 2023-2024:
The tuition for the Dartmouth Tuck MBA fees is $80,620 for the academic year 2024 - 2025, but this fee may change for the 2024-25 academic year. The Dartmouth Tuck MBA Fees comprise expenses associated with the MBA program, including course materials, transcripts, student activities, information technology services, infrastructure support, and an administrative fee.
What your Dartmouth Tuck MBA Fees Includes
Some of the expenses are based upon estimates, such as books, supplies, and miscellaneous expenses. Your actual costs may vary depending on your lifestyle and other personal choices. Plan to use personal resources to cover dependent costs. The student budget is based on the period of enrollment. Anyone borrowing a federal student loan will automatically have the loan origination fees added to the price of attendance. Tuition costs are for the academic year 2023-24 and are subject to change for the 2024-25 academic year.
All first-year students are automatically packaged with the on-campus budget. If you are a first-year student living off-campus, please get in touch with the Financial Aid Office to discuss an off-campus budget. Tuck Business School Tuition Fee includes expenses for the MBA program, such as course materials, transcripts, student activities, information technology services, infrastructure support, and an administrative fee. Some of these items will be billed separately on your D-Pay statement. Any student may pursue a budget adjustment based on unique or unusual circumstances by contacting the Financial Aid Office.
Navigating Living Expenses - Food, Travel, Accommodation
Aside from tuition fees, students will also need to budget for living expenses such as accommodation, food, and travel while doing the Tuck Business School MBA program in the USA. For students living on campus, the estimated housing cost is $14,750. For those living off-campus, the estimated worth is $18,000. In addition to housing, students should budget for miscellaneous living expenses, which are estimated to be $16,870 for on-campus and $17,925 for off-campus students.
You can check the Fee breakdown in the table below :
| Tuition Fee | $77,520 |
| Housing Cost (on campus) | $14,750 |
| Housing Cost ( Off-Campus) | $18,000 |
| Miscellaneous Expenses | $16,870 |
| Estimate total expenses | $120,004 |
Scholarships & Financial Aid
Dartmouth Tuck offers a range of MBA scholarships for students, including:
1. Tuck Scholars Program:
This scholarship is awarded to a select group of applicants who demonstrate academic excellence, leadership potential, and a commitment to making a positive impact in their communities. Recipients receive a full-tuition scholarship and an additional stipend for living expenses.
2. Forté Fellowship:
This scholarship is awarded to outstanding female applicants who demonstrate leadership potential and a commitment to advancing women in business. Recipients receive a $40,000 scholarship and access to the Forté Foundation's network of business leaders and career resources.
3. Consortium Fellowship:
This scholarship is awarded to students from underrepresented minority groups who demonstrate leadership potential and a commitment to advancing diversity and inclusion in business. Recipients receive a full-tuition scholarship and access to the Consortium's network of business leaders and resources.
| Scholarship | Award |
|---|---|
| Tuck Scholars Program | Full-tuition + stipend |
| Forté Fellowship | $40,000 + Forté benefits |
| Consortium Fellowship | Full-tuition + Consortium benefits |
| Armed Forces Alumni Association Scholarship | Partial tuition |
| Global Insight Expedition Scholarship | Partial program expenses |
4. Armed Forces Alumni Association Scholarship:
This scholarship is awarded to active-duty military veterans and their spouses who demonstrate leadership potential and a commitment to pursuing a business career. Recipients receive a scholarship to cover a portion of their tuition expenses.
5. Global Insight Expedition Scholarship:
This scholarship is awarded to students who demonstrate a strong interest in global business and a commitment to participating in Tuck's Global Insight Expeditions program. Recipients receive a scholarship to cover a portion of their expenses for the program.
It is important to note that each scholarship has its own eligibility criteria and application process, and some scholarships may require additional essays or interviews. Students are encouraged to review the requirements carefully and apply for scholarships that align with their interests and goals.
Financial Aid & Loan Options for Dartmouth Tuck MBA Fees
Students can apply for educational loans by the published key critical financial aid deadlines. The Office of Financial Assistance determines their eligibility for loans based on various factors, including the critical cost of the program, the student's ability to contribute, debt levels consistent with successful repayment, and the school's availability of funds. The school reserves the right to limit or decline institutional and international loans on the basis of a student’s overall debt burden, credit history, or other relevant factors.
Education loans are only one of the many possible sources of funding to cover the cost of your Tuck education.
Eligibility for each of these loan programs varies, as do rates, terms of repayment, and annual/aggregate loan maximums. International students can maximize their options by identifying a U.S. cosigner with a positive credit history.
Tuck adheres to the Code of Conduct policy as established by the Higher Education Opportunity Act.
Opportunities for Part-Time Work
Many students at Tuck work part-time jobs to help offset the cost of their MBA. However, it is on campus without any work-hour restrictions. However, it is essential to note that on-campus jobs are limited and may require that, as an international student, there are restrictions on the number of work hours allowed under an Indian student visa. International students are allowed to work part-time for up to 20 hours per week during the academic year and up to 40 hours per week during breaks.
Student Visa Work Hour Restrictions
International students who plan to pursue their MBA at Dartmouth Tuck should be aware of the work hour restrictions that come with their student visa. Here are four key pointers to keep in mind:
1. Maximum Work Hours: According to work-hour essentials should not rely on this income to cover their tuition and living expenses.
2. On-Campus Employment: International students are permitted to work on campus without any work-hour restrictions. However, on-campus jobs are limited and may require more income to cover all expenses.
3. Off-Campus Employment: International students are also allowed to work off-campus under certain conditions, such as an internship that is directly related to their field of study or a severe economic hardship. However, these opportunities are subject to additional approval from the U.S. Citizenship and Immigration Services (USCIS).
4. Visa Compliance: International students must comply with the work hour restrictions and other visa regulations to avoid any potential issues with their visa status. Violating these regulations can result in severe consequences, including deportation and ineligibility for future visas. It is crucial to work with the Dartmouth Tuck International Student Office to ensure that all visa requirements are met and to seek guidance if any issues arise.
Conclusion
Attending the Dartmouth Tuck MBA program can be a significant financial investment, but the potential return on investment in terms of career prospects and earning potential is also essential. Students should carefully consider their budgets and explore scholarship and financial aid options. Additionally, working part-time can help offset some of the costs, but international students should be mindful of visa restrictions on work hours.
