Master of Management in Hospitality—Tuition, Expenses, and Financial Aid

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At Boston University School of Hospitality Administration, we are dedicated to ensuring that our master’s degree in hospitality management is a smart investment in your career advancement and personal growth. To help you budget for your educational expenses, we provide detailed information about the Master of Management in Hospitality (MMH) program’s tuition, fees, and other expenses ranging from books and supplies to housing and transportation.

BU SHA also offers scholarships and financial aid options to help you afford your education and pursue your dreams with an MMH degree.

Tuition and Expenses for Full-time MMH Students

If you plan to enroll as a full-time MMH student, here is a breakdown of billed and estimated expenses for the 2022/2023 academic year.  

Total Cost (Tuition and Fees Only): $61,990 (before scholarship)

Fall 2022

Spring 2023

Summer 2023

16 credits/4 courses 16 credits/4 courses 0 credit Internship
Tuition* $30,528 $30,528 $0
Student Services Fee $192 $192 $60
Health & Wellness Fee $245 $245 $0
Books/Supplies $529 $529 $0
Personal $1,525 $1,525 $494
Transportation $560 $560 $201
Room and Board $7,500 $7,500 $2,365
Medical Insurance** $3,000 $0 TBA
Direct Loan Fee $200 $200 $200

Tuition rates for the 2023-2024 academic year will be announced in April 2023.

If you register for more than 18 credits in a fall/spring term, you are charged $1,908 per credit for the overage. This requires approval from the Program Director.

Massachusetts law requires all students enrolled in at least 75% of the full-time curriculum to have medical insurance. Students who cannot demonstrate coverage under a qualifying medical insurance plan are required to purchase the University’s student health insurance plan, which is due and payable with your first-semester charges. For more information, see the Student Accounting Services website.

Tuition and Expenses for Part-time MMH Students

If you are a part-time MMH student, you are charged the per-credit rate during the semester in which you are registered.

Fall/Spring 2022-23 – $1,908 per credit

Tuition Rates for 2023-2024 will be announced in April 2023.

Paying for Your MMH Degree—Scholarships and Financial Aid

To help you pay for your tuition and expenses for the Master of Management in Hospitality program, BU SHA provides scholarships and a variety of loan options. 

$10K Guaranteed Scholarships for Graduate Students

Merit-based scholarships are available to both full-time and part-time students, domestic and international. Any student admitted into the Master of Management in Hospitality program is guaranteed to receive at least $10,000 in scholarships.

Federal Unsubsidized Direct Loan

The Federal Unsubsidized Direct Loan is offered to assist you with postsecondary educational expenses. The Unsubsidized Direct loan is made directly to the student who is responsible for repayment. Interest accrues and must be paid by the borrower or is capitalized during periods of in-school enrollment, grace, and/or deferment. Learn more about the current interest rates for the Federal Direct Loan.

You must meet federal eligibility criteria to qualify for the Unsubsidized Loan. Financial eligibility is determined by a federally legislated analysis of family financial information provided on the Free Application for Federal Student Aid (FAFSA). You must file the FAFSA and use Boston University’s School Code (002130) to apply for the Unsubsidized Direct Loan.

Federal Graduate PLUS Loan

The Graduate Federal PLUS is a federal credit-based loan that is available to assist you with the costs of the MMH degree. To be eligible for the loan, you must enroll at least part-time (six credits per semester) in the MMH program. The credits must be accepted towards the degree program. You must be a US citizen or permanent resident, have no outstanding balance from a prior period of enrollment, and must be making satisfactory academic progress per school guidelines.

Direct PLUS Loans do not have fixed amounts. You can borrow up to the cost of attendance minus all other financial assistance you received. The current interest rate on the Graduate Federal PLUS Loan can be found on the Financial Assistance website. Interest begins to accumulate on the date of the first loan disbursement.

Learn more about the credit-based Graduate PLUS loan.

Private Loans

We encourage you to research and apply for other private loans that suit your lending and educational needs. BU has identified some private loans if you are interested in researching additional options. This list of options is not all-inclusive, and we encourage you to search for other outside private loan options that may be available to you.

Seek additional financial aid resources outside of Boston University.

Loan Repayment

Find the complete listing of loan servicers and their contact information.

You can also find your loan servicer’s contact information on the National Student Loan Database System (NSLDS).

Invest in Your Future with a Master of Management in Hospitality Degree

Are you ready to take the next step and pursue your passion for hospitality management? Apply to the Master of Management in Hospitality program to grow into a visionary leader in the hospitality industry.

Need more information about the MMH program, tuition, and financing options? Request information!

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