Tuition and Fee Summary
Lauder Institute MBA/MA and JD/MA (2025-26)
In addition to Wharton MBA tuition or Penn Law tuition, the cost of the Lauder joint-degree program (2025-26 academic year) is as follows:
| 1st-Year Tuition and Fees | |
|---|---|
| Summer | $14,500 |
| Fall Semester | $8,100 |
| Spring Semester | $8,100 |
| Minimum Guaranteed 1st-Year Fellowship | ($5,000) |
| 1st-Year Net Cost | $25,700 |
| 2nd-Year Tuition and Fees | |
|---|---|
| Fall Semester | $8,100 |
| Spring Semester | $8,100 |
| Minimum Guaranteed 2nd-Year Fellowship | ($5,000) |
| 2nd-Year Net Cost | $11,200 |
| Two-Year Total Net Cost | $36,900 |
Financial Aid & Fellowships
In addition to the financing options provided through Wharton and Penn Carey Law, all Lauder Institute students receive a 1st- and 2nd-year guaranteed fellowship. The Lauder Institute also offers competitive, merit-based fellowships for a select group of admitted students to the joint-degree program. These awards recognize candidates who have demonstrated exceptional academic achievement, professional accomplishments, language proficiency, and global leadership.
The Leonard Lauder Fellowship
Thanks to the generosity of Leonard Lauder, we are pleased to award the prestigious Leonard Lauder Fellowship to a select number of Lauder MBA/MA applicants. Awarded at the time of admission, this award covers Lauder fees for the two years of the program. Recipients are chosen from the top students in each class, and the selection is based solely on merit. A separate application is not required for the Leonard Lauder fellowship.
General Lauder Institute Fellowships
Thanks to the generosity of the Lauder community, Lauder is able to award a number of other fellowships to admitted students, including fellowships towards the Wharton and Penn Law tuition. These funds include:
Bruno Ducharme and Jeff Montgomery Fellowship Fund
Elan and Christina Cohen Family Lauder Fellowship Fund
Goei Family Fellowship Fund
Kern Family Fellowship
Ronald S. Lauder Fellowship Fund
Mary and Vikram Malhotra MBA Fellowship
N.R. Mirani Lauder Fellowship Fund
Rosanna Ramos-Velita and Hans Levin Fellowship
Gus Roessler Fellowship Fund
Aydin Senkut Scholarship
Ellen Sun Endowed Fellowship
James Toh Lauder Fellowship Fund
Trachtenberg-Wilson Fellowship
John Tsai Lauder Fellowship
Summer Funding Opportunities
Lauder offers two types of financial awards for summer opportunities. One award is for students who take a 10-week summer internship where they are in an immersive environment but are being compensated significantly below market rate. This summer internship award has helped students do everything from working in international development in Africa to establishing a coffee startup in Colombia. The second type of award supports entrepreneurial ventures. The Jacobson Global Venture Awards provides financial support that enables Lauder students to work full-time on their venture in lieu of completing a traditional summer internship.
Loans & Loan Forgiveness
Lauder MBA/MA students, both U.S. citizens and international students, are also eligible to apply for loans through Wharton MBA Financial Aid to meet educational and living expenses not covered by fellowships. For questions about the loan process and/or Wharton tuition please contact the Wharton MBA Financial Aid team at financialaid@wharton.upenn.edu or +1 215-898-8728.
Bendheim Loan Forgiveness Fund for Public Service
Lauder MBA/MA students may apply for the John M. Bendheim Loan Forgiveness Fund for Public Service, co-created by Lauder Governor Tom Bendheim, G90, WG90, to encourage MBA graduates to pursue careers in the public and nonprofit sectors. Up to $20,000 per year is available for five years following graduation. For further information on this competitively awarded financial support, please click through to the Wharton page on MBA loan forgiveness.
For further information contact us at lauderinfo@wharton.upenn.edu.
