How much of your own money do you need to get through a top MBA program? It's hardly a simple question. Here we try to help you sort through the numbers and the schools. On the slides that follow, we list the mean financial aid package offered by Bloomberg Businessweek's highest-ranked full-time MBA programs. These packages include loans. The remainder is what would be covered by a student's personal savings, private lenders, and any other creative funding sources that are available.

For the estimated cost of attending each program, we used the school's suggested student budget for the most recent academic year available, which includes tuition, fees, and living expenses for one person. We then used that to determine the percentage of costs covered by aid and an estimate of remaining costs for one year.  The schools are ranked based on the annual costs a recipient of the average aid package at each school would have to pay from nonaid sources. (Four schools, Wharton, Booth, Duke, and Haas, did not provide financial aid information.)

Photograph by Jonathan Kitchen/Getty Images

How much of your own money do you need to get through a top MBA program? It's hardly a simple question. Here we try to help you sort through the numbers and the schools. On the slides that follow, we list the mean financial aid package offered by Bloomberg Businessweek's highest-ranked full-time MBA programs. These packages include loans. The remainder is what would be covered by a student's personal savings, private lenders, and any other creative funding sources that are available.

For the estimated cost of attending each program, we used the school's suggested student budget for the most recent academic year available, which includes tuition, fees, and living expenses for one person. We then used that to determine the percentage of costs covered by aid and an estimate of remaining costs for one year.  The schools are ranked based on the annual costs a recipient of the average aid package at each school would have to pay from nonaid sources. (Four schools, Wharton, Booth, Duke, and Haas, did not provide financial aid information.)

Photograph by Jonathan Kitchen/Getty Images

The Most Affordable Top B-Schools

Pricey MBA Programs With Generous Aid
Pricey MBA Programs With Generous Aid

How much of your own money do you need to get through a top MBA program? It's hardly a simple question. Here we try to help you sort through the numbers and the schools. On the slides that follow, we list the mean financial aid package offered by Bloomberg Businessweek's highest-ranked full-time MBA programs. These packages include loans. The remainder is what would be covered by a student's personal savings, private lenders, and any other creative funding sources that are available.

For the estimated cost of attending each program, we used the school's suggested student budget for the most recent academic year available, which includes tuition, fees, and living expenses for one person. We then used that to determine the percentage of costs covered by aid and an estimate of remaining costs for one year.  The schools are ranked based on the annual costs a recipient of the average aid package at each school would have to pay from nonaid sources. (Four schools, Wharton, Booth, Duke, and Haas, did not provide financial aid information.)

Photograph by Jonathan Kitchen/Getty Images
1. University of Michigan
1. University of Michigan
Ross School of Business

Students receiving aid: 75 percent
Average aid package: $53,469
Annual budget: $73,904
Costs covered by aid: 72.3 percent
Estimated costs remaining: $20,435
2. Massachusetts Institute of Technology
2. Massachusetts Institute of Technology
Sloan School of Management

Students receiving aid: 69 percent
Average aid package: $68,275
Annual budget: $88,949
Costs covered by aid: 76.7 percent
Estimated costs remaining: $20,674
3. Cornell University
3. Cornell University
Johnson Graduate School of Management

Students receiving aid: 75 percent
Average aid package: $54,579
Annual budget: $76,306
Costs covered by aid: 71.5 percent
Estimated costs remaining: $21,727
4. University of Virginia
4. University of Virginia
Darden School of Business

Students receiving aid: 69 percent
Average aid package: $60,025
Annual budget: $81,833
Costs covered by aid: 73.3 percent
Estimated costs remaining: $21,808
5. Harvard University
5. Harvard University
Harvard Business School

Students receiving aid: 60 percent
Average aid package: $62,557
Annual budget: $87,200
Costs covered: 71.7 percent
Estimated costs remaining: $24,643
6. Northwestern University
6. Northwestern University
Kellogg School of Management

Students receiving aid: 60 percent
Average aid package: $58,610
Annual budget: $84,454
Costs covered by aid: 69.4 percent
Estimated costs remaining: $25,844
7. Stanford University
7. Stanford University
Stanford Graduate School of Business

Students receiving aid: 70 percent
Average aid package: $61,083
Annual budget: $90,531
Costs covered by aid: 67.5 percent
Estimated costs remaining: $29,448
8. Columbia University
8. Columbia University
Columbia Business School

Students receiving aid: 51 percent
Average aid package: $59,128
Annual budget: $90,698
Costs covered by aid: 65.1 percent
Estimated costs remaining: $31,570
9. Dartmouth College
9. Dartmouth College
Tuck School of Business

Students receiving aid: 70 percent
Average aid package: $56,179
Annual budget: $88,400
Costs covered by aid: 63.5 percent
Estimated costs remaining: $32,221
10. Carnegie Mellon University
10. Carnegie Mellon University
Tepper School of Business

Students receiving aid: 79 percent
Average aid package: $42,602
Annual budget: $78,816
Costs covered by aid: 54 percent
Estimated costs remaining: $36,214