Stanford University Tuition

Stanford University has established undergraduate tuition of $87,225 for the 2024–25 academic year. This includes $65,127 for tuition, $21,315 for room and board, and a $783 health cost. The cost of graduate school will rise by 4%; the precise amounts for professional programs will be revealed at a later time. This modification helps cover Stanford's operational expenses as well as its substantial financial assistance program.

Undergraduate programs tuition at Stanford University

• Full-time enrollment: $20,577 per quarter
• Summer only: $1,372 per unit
• 13th Quarter (Autumn/Winter/Spring only): 1,372 per unit
• Graduation Quarter: $150 per quarter
• Permit to Attend for Services Only (PSO): $6,308 per quarter

Graduate programs tuition at Stanford University

- Graduate School (Master's / Doctorate): $1,255 per unit

- Graduate School of Engineering: $1,337 per unit

- Graduate School of Business (GSB):

• MBA: $50,552 (2 years)
• MSx: M.S. in Management for Experienced Leaders: $133,600 Annual tuition

- School of Medicine (SoM)- MD program: $21,249 per quarter 

- Stanford Law School :

• Law programs: $22,308 per quarter
• Law/GSB Joint Program: $23,133 per quarter

The part-time tuition for graduate students is $1,224 per quarter and $1,304 per quarter for engineering programs.

Is the Stanford University tuition affordable when compared with other private universities?

For families paying full tuition, Stanford University's undergraduate tuition and fees for the 2023–2024 academic year came to $82,406; the tuition alone was $61,731. This was the largest one-year increase in tuition and room and board since at least 2013, with a noteworthy 7% increase from the prior year.

On the other hand, the Stanford Graduate School of Business (GSB) sets the total cost of attendance for a single MBA student at $126,465 for the 2023–2024 academic year. This includes living expenditures, housing, medical insurance, and a health charge in addition to tuition ($79,860). It is noteworthy that private institutions have significantly different tuition rates. These variations are impacted by several aspects such as program offers, location, financial aid regulations, and general affordability. Stanford's extensive financial assistance program strives to make education accessible, especially for students from different economic backgrounds, notwithstanding the school's ostensibly expensive tuition.

Under Stanford's enhanced financial assistance program, tuition, housing, and board are covered for student families making less than $100,000 per year. Tuition will be paid in full for families making between $100,000 and $150,000, while aid will be awarded on a sliding scale to families making above $150,000. This will make education more affordable and accessible for all students, regardless of their financial situation.