Your investment

We are committed to making Duke’s Master of Management Studies: Foundations of Business (MMS:FOB) program accessible to all qualified and committed candidates. Here you’ll find basic information about the program costs. For merit scholarships and detailed information on how to apply for student loans, please visit Financing Your Degree.

For students beginning their program in July 2026 (Class of 2027), the tuition cost is 69,900 USD.

For information about the billing schedule and due dates for tuition & fees, please visit the University Bursar Office website.

Expenses for attending Fuqua go beyond just your tuition. Here is the Cost of Attendance for the MMS: Foundations of Business Class of 2027:
 

2026-27 Academic Year
10-Month Period

 

Summer
(July - Aug.)

Fall
(Sept. - Dec.)

Spring
(Jan. - Apr.)

Academic 
Year

Educational Expenses - Student Bursar Account Charges (USD):

Fuqua MMS Tuition

23,300(1)

23,300

23,300

69,900

Student Medical Insurance*

 

4,290

 

4,290

Health Fee

187

524

524

1,235

MMS Association (Gov't Fee)

 

500

 

500

Graduate Activity Fee

 

20

20

40

Graduate Recreational Facility Fee

 

204

204

408

Graduate Student Services Fee

 

14

14

28

Transcript Fee

120

 

 

120

Total

23,607

28,852

24,062

76,521

 

Educational Supplies (USD):

Books/Course Packs**

240

280

280

800

Total

240

280

280

800

 

Student Living Expenses (USD): 

Board (Food)

984

1,968

1,968

4,920

Housing 
(including Utilities & Phone Service)

3,160

6,320

6,320

15,800

Miscellaneous

1,000

2,000

2,000

5,000

Transportation

476

952

952

2,380

Total

5,620

11,240

11,240

28,100

 

Total Cost of Attendance

29,467

40,372

35,582

105,421

 

Federal Loan Origination Fees***    

72

72

72

216

Student Loan Borrowing Eligibility****    

29,539

40,444

35,654

105,637

(1) Includes a 4,000 USD non-refundable deposit due upon admission and credited to the Summer Term tuition.

 NOTE: The established educational supplies and living expenses of this COA are results of a triennial Duke University survey completed by Duke students receiving financial aid (i.e. student loans).  The Financial Aid Office uses the survey results to establish a “student budget” and determine eligible borrowing amounts.                                                 

*Student Medical Insurance Plan is required for all Fuqua MMS students and is charged during the fall semester.  It can be waived if you have other health insurance coverage. Please contact our Financial Aid Office if your Duke-sponsored Student Medical Insurance Plan cost is different from this amount. We will adjust your COA accordingly. The actual cost of the Student Medical Insurance Plan is established in late spring each year.  The University Bursar’s Office provides additional information regarding student medical insurance with fall tuition statements.                                                             

**Course Pack charges are posted to the Bursar account later in the semester, after the tuition and standard fees are charged.  Therefore, students who are expecting a refund from their aid funds (i.e. loans) are encouraged to budget a portion of their refund to eventually pay for their anticipated course pack charges.  Course pack charges vary per course registration.  The figures provided in the above table are estimates.                                                  

***Federal Loan Origination Fees are automatically added to the COA budget for students borrowing the federal Direct Unsubsidized Loan offer. The Department of Education deducts the origination fee from the principal loan amount before disbursement. Therefore, the federal student loan disbursement amount will be less than the offered principal loan amount.

If a private/alternative loan is borrowed, then the federal loan origination fees will be reduced or removed from the COA's eligible student loan borrowing amount.

****The Student Loan Borrowing Limit will be reduced by any other financial aid received (i.e. scholarships, sponsorships, other student loans).  This cost of attendance will determine the total amount of your Financial Aid eligibility.                                                        

Students who are receiving Veterans Benefits may be able to apply for student loans up to the COA (minus scholarship and the school's Yellow Ribbon contribution) in addition to their VA benefit. 

Also, the Department of Education regulations indicate that students who are service members receiving Basic Allowance for Housing (BAH) or live in military housing, must have their COA adjusted to exclude the housing component.  This is due to the housing expense already being covered.                                     

Additional Considerations to Increase the Cost of Attendance                                                    
Students must request these additional considerations in writing.

One -Time Computer Increase - Students must submit an invoice or quote for the price of the computer in order to receive this increase up to the 2,000 USD.                                                        

Global Academic Travel Experience (GATE) Expenses- Students can apply for this increase once they have been approved for the GATE trip.  The student will need to submit a financial aid application and apply for the additional funding with his/her lender based on the budget of the trip.                                                     

Dependent/Childcare Expense may be factored for certified Dependent/Childcare expenses per child.                                   

Please contact our office for details regarding the regulations and documentation required for a Dependent/Childcare allowance.                                                    

- Duke Student Health Insurance Family Coverage: 
This increase may be made to the cost of attendance when proof of coverage is presented to the Financial Aid Office.

One-time travel expense (i.e. airfare):
During the academic year, usually during the winter break, students may return home.
Per the student’s written request, we will consider a one-time cost of attendance increase for travel expense (for the student only), which increases the eligible borrowing amount.

Airfare Expense: Students must submit a copy of their itinerary from any reputable online site showing the departure/arrival dates, destination in your home state (domestic students) or home country (international students) as indicated in DukeHub, and the estimated airfare (up to a 1,000USD cost for domestic flights and 3,000USD for international flights).  We will only consider coach/economy class (not business economy or first class).   

Please note that the loan funds for additional considerations will disburse to your student Bursar account and satisfy any outstanding balance before the University Bursar’s Office (billing office) will issue a refund to you. 

Non-Allowable Cost of Attendance Adjustments: Expenses incurred for interview activities coordinated by Fuqua (i.e. Weekend-In-Cities) and general interview trips are not considered for financial aid purposes because they are not standard requirements within the curriculum. Please Note: Due to Federal Law, personal consumer debt (i.e., credit cards, car loans, etc.) cannot be factored into the cost of attendance. 

 

Optional Costs
MMS Elective Course:

  • MMS electives - 2,500 USD

For more information on scholarships and loans, please visit Financing Your Degree.

From more traditional scholarships and loans to special programs, there are a number of opportunities to help make your Fuqua education a reality.

Aid Type Eligibility
Merit-based scholarships All MMS:FOB applicants are automatically considered for scholarships
Various federal and private loans U.S. citizens and permanent residents
International Student Loan Program (no cosigner options, depending on loan program) International students
Yellow Ribbon Program Eligible Chapter 33 (post 9/11 GI Bill) recipients

 

For more information about your financial aid options, please visit Financing Your Degree.

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MMS: Foundations of Business

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Financing Your Degree

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