Embarking on a graduate STEM career path might seem like a departure for English majors, but in today’s data-driven world, the analytical and communication skills honed through humanities studies are increasingly valuable. In fact, an English Major Is A Tool For Graduate Stem Career Preparation, providing a unique perspective and robust foundation for fields like business analytics. As you consider advancing your career with a Master of Science in Business Analytics (MSBA), understanding the financial aspects is crucial. This guide breaks down the tuition, fees, and financial aid opportunities for the MSBA program, helping you plan your investment in a successful STEM future.
Understanding MSBA Program Costs: Tuition and Fees
The MSBA program at Cornell University is a significant investment in your future. For the 2024–2025 cohort, the tuition is set at $84,952. This total tuition is conveniently divided into four equal installments, billed at the beginning of each term of the program. In addition to tuition, there is a non-refundable application fee of $105, which is required when you submit your application to the program. It’s important to note that tuition for the subsequent 2025-2026 cohort may see a marginal increase and will be announced in late March 2025. Prospective students should factor these costs into their financial planning.
Securing Your Place: The Admission Deposit
Upon receiving an offer of admission to the MSBA program, you’ll need to formally accept this offer through the online application system by the date specified in your admission letter. To secure your place in the incoming class, accepting the offer also involves paying a nonrefundable admission deposit of $1,500. This deposit is a standard practice in graduate programs and ensures your commitment to joining the MSBA cohort. For comprehensive details regarding payment procedures and policies, it’s advisable to visit the Office of the Bursar’s website.
Accommodation Expenses During On-Campus Sessions
The MSBA program includes two mandatory on-campus residential sessions. While these sessions are integral to the program experience, accommodation costs during these periods are the responsibility of the student and are separate from tuition fees. The first residential session takes place in Ithaca, and housing will be provided on Cornell University’s Ithaca campus. The second session is held in New York City, and for this session, students are required to make their own lodging arrangements. Budgeting for accommodation in both Ithaca and New York City is an essential part of your overall program expenses.
Exploring Financial Aid Opportunities: Loans and Scholarships
To assist eligible students in managing the costs associated with the MSBA program, several financial aid options are available. MSBA students are eligible to apply for Federal Direct Loans to help cover program expenses. For detailed information and guidance on graduate loan options, the Johnson Financial Aid Office is a valuable resource. Furthermore, Cornell Johnson automatically considers all MSBA program applicants for merit-based scholarships at the time of admission. There is no separate application process for these scholarships, making it a streamlined process for recognizing and rewarding outstanding candidates.
Yellow Ribbon Program: Benefits for U.S. Veterans
Cornell University and Johnson are proud participants in the Yellow Ribbon Program, in collaboration with the U.S. Department of Veterans Affairs (VA). This program supplements the Post-9/11 G.I. Bill® education benefit for eligible veterans. Veterans interested in utilizing their VA benefits for the MSBA program should reach out to their regional Veterans Administration office to confirm their eligibility. Cornell’s Office of the University Registrar will handle enrollment verification with the VA each term, ensuring a smooth process for veterans utilizing this valuable benefit.
