The following table outlines the estimated cost of the first year of the three-year Carey JD/MBA Program. Note that the JD/MBA program fee is an annual fee that also is charged during the second and third years in the program. You should plan for tuition and fee increases for each year of enrollment. Living expenses can vary depending on where you choose to live.

Estimated Program Cost For Three-Year JD/MBA Program (2024-2025) First Year Students

Category	Fall/Spring Term	Summer	Total Year
Tuition and Fees
Tuition	$74,688		$74,688
Learning Support Fee	$1,234		$1,234
General Fee	$3,954		$3,954
Clinical Fee	$716
JD/MBA Program Fee		$39,480	$39,480
Sub Total	$80,592	$39,480	$120,072
Living Costs
Room	$15,360	$3,840	$19,200
Board	$5,160	$1,290	$6,450
Miscellaneous	$1,784	$446	$2,230
Health Insurance	$4,412		$4,412
Books	$2,600	$650	$3,250
Transportation	$944	$236	$1,180
Sub Total	$30,260	$6,462	$36,772
Total Costs	$110,852		$156,794

 

The Carey JD/MBA Fellowship is a merit scholarship. The Carey JD/MBA admissions committee awards the scholarship to students based primarily on their academic achievements and intellectual ambition, but also based on nonacademic factors such as leadership, service, and professional or life experiences. The committee also seeks accomplished individuals who will contribute positively as members of the JD/MBA community.

All applicants who are admitted to the Carey JD/MBA program are considered. No additional application is required. 

Students must remain in good academic standing and be enrolled as a full-time student to retain the scholarship. Good academic standing requirements for the Law School can be found in the Satisfactory Academic Progress section of the Student Policy and Procedures outline. Academic performance standards for Wharton can be found in the Academic Performance Standards section of the Wharton MBA Academic Policies.

Wharton provides funding on a merit basis only and JD/MBA students are eligible for all Wharton fellowships. All admitted students are considered for Wharton Fellowship support based on the application for admission. There is no additional application required. Visit the Wharton Financial Aid page for more information. 

Penn Carey Law provides both need and merit-based aid, all of which JD/MBA students are eligible for. All applicants are considered for merit scholarships based on their admissions material. Applicants may be invited to apply for certain scholarships which may include a separate application, interview, or additional essay. Visit the Penn Carey Law Financial Aid page for more information. 

Yellow Ribbon Program

The Yellow Ribbon Program (YRB) is a provision of the Post-9/11 Veterans Educational Assistance Act of 2008. Wharton and Penn Carey Law offer grant funds through the Yellow Ribbon Program for veterans. You can find details and eligibility guidelines for the Post-9/11 benefits, including the Yellow Ribbon Program, at www.gibill.va.gov.

Visit the Wharton Financial Aid page for more information about the Yellow Ribbon Program.