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Office of Financial Aid


Cost of Attendance

The Office of Financial Aid establishes estimated budgets also termed Cost of Attendance (COA) which are used to determine need and eligibility for financial aid awards.  The COA provides students and their families with a reasonable estimate of all costs. The COA Budget is an estimate of your educational and living expenses for one academic year (Fall & Spring Terms). The COA is established by combining the student’s Direct Costs and Indirect Expenses.

A student's total aid cannot exceed their COA budget. The student's actual bill will be much less than their COA budget because the student will only be billed for their Direct Costs. 

To help you determine overall costs for your Morgan experience, below you will find COA with the estimates used for books, transportation, and personal expenses in addition to known costs of tuition, fees, housing, and meals for the current different types of budget groups/types for students.

  • Undergraduate COA Budgets 
  • CICS Undergraduate and Graduate COA Budgets
  • Graduate/Professional COA Budgets
  • Master of Social Work (MSW) Online and Master of Business Administration (MBA) Online COA Budgets

Undergraduate Full-time COA Budget

The cost presented below is per academic year for students with full-time enrollment status. For all our initial aid offers, we assume full-time enrollment status and budgets. The COA budget is subject to change if enrollment is below full-time. The student must be enrolled in 12 or more credits to be considered full-time as an Undergraduate student.

2023-2024 Budgets

Maryland Residents

2023-2024 At Home with Parents On-Campus Off-Campus
Direct Costs
Tuition & Fees $ 8,118 $ 8,118 $ 8,118
Housing $ 4,071 $ 11,583 $ 12,220
Meals $ 4,728 $ 4,982 $ 5,232
Books and Supplies $ 2,000 $ 2,000 $ 2,000
Indirect Expenses
Personal $ 1,882 $ 1,775 $ 1,882
Transportation $ 1,650 $ 1,000 $ 1,650
Loan Fees $ 71 $ 71 $ 71
Total $ 22,520 $ 29,529 $ 31,173

Non-Maryland Residents
2023-2024 On-Campus Off-Campus
Direct Costs
Tuition & Fees $ 18,798 $ 18,798
Housing $ 11,583 $ 12,220
Meals $ 4,982 $ 5,232
Books and Supplies $ 2,000 $ 2,000
Indirect Expenses
Personal $ 1,775 $ 1,882
Transportation $ 1,000 $ 1,650
Loan Fees $ 71 $ 71
Total $ 40,209 $ 41,853

2024-2025 Budgets

Maryland Residents

2024-2025 At Home with Parents On-Campus Off-Campus
Direct Costs
Tuition & Fees $ 8,229 $ 8,229 $ 8,229
Housing $ 5,838 $ 12,840 $ 14,460
Meals $ 5,702 $ 5,785 $ 5,838
Books and Supplies $ 2,000 $ 2,000 $ 2,000
Indirect Expenses
Personal $ 1,959 $ 1,959 $ 1,959
Transportation $ 2,000 $ 1,000 $ 2,000
Loan Fees $ 71 $ 71 $ 71
Total $ 25,799 $ 31,884 $ 34,557

Non-Maryland Residents
2024-2025 On-Campus Off-Campus
Direct Costs
Tuition & Fees $ 19,124 $ 19,124
Housing $ 12,840 $ 14,460
Meals $ 5,785 $ 5,838
Books and Supplies $ 2,000 $ 2,000
Indirect Expenses
Personal $ 1,959 $ 1,959
Transportation $ 1,000 $ 2,000
Loan Fees $ 71 $ 71
Total $ 42,779 $ 45,452
CICS Full-time COA Budget

The cost presented below is per academic year for students with full-time enrollment status. For all our initial aid offers, we assume full-time enrollment status and budgets. The COA budget is subject to change if enrollment is below full-time. The student must be enrolled in 12 or more credits to be considered full-time as an Undergraduate student and 9 or more credits as a Graduate.

2023-2024 CICS Budgets

CICS Undergraduate

2023-2024 Off-Campus
Direct Costs
Tuition  $ 6,000
Technology Fee $ 360
Housing $ 12,220
Meals $ 5,232
Indirect Expenses
Books and Supplies $ 2,000
Personal $ 1,882
Transportation $ 1,650
Loan Fees $ 71
Total $ 29,415

CICS Graduate
2023-2024 Off-Campus
Direct Costs
Tuition  $ 8,190
Technology Fee $ 360
Housing $ 12,220
Meals $ 5,232
Indirect Expenses
Books and Supplies $ 2,000
Personal $ 1,882
Transportation $ 1,650
Loan Fees $ 71
Total $ 31,751

2024-2025 CICS Budgets

CICS Undergraduate

2024-2025 Off-Campus
Direct Costs
Tuition  $ 6,120
Technology Fee $ 480
Housing $ 14,460
Meals $ 5,838
Indirect Expenses
Books and Supplies $ 2,000
Personal $ 1,959
Transportation $ 2,000
Loan Fees $ 71
Total $ 32,928

CICS Graduate
2024-2025 Off-Campus
Direct Costs
Tuition  $ 8,352
Technology Fee $ 360
Housing $ 14,460
Meals $ 5,838
Indirect Expenses
Books and Supplies $ 2,000
Personal $ 1,959
Transportation $ 2,000
Loan Fees $ 71
Total $ 35,186
Graduate and Professional Full-time COA Budget

The cost presented below is per academic year for students with full-time enrollment status. For all our initial aid offers, we assume full-time enrollment status and budgets. The COA budget is subject to change if enrollment is below full-time. The student must be enrolled in 9 or more credits to be considered full-time as a Graduate student.

Maryland Residents Non-Maryland Residents
2023-2024 Off-Campus Off-Campus
Direct Costs
Tuition & Fees $ 9,819 $ 17,559
Housing $ 12,220 $ 12,220
Meals $ 5,232 $ 5,232
Indirect Expenses
Books and Supplies $ 2,000 $ 2,000
Personal $ 1,882 $ 1,882
Transportation $ 1,650 $ 1,650
Loan Fees $ 71 $ 71
Total $ 33,020 $ 40,760

Maryland Residents Non-Maryland Residents
2024-2025 Off-Campus Off-Campus
Direct Costs
Tuition & Fees $ 9,981 $ 18,207
Housing $ 14,460 $ 14,460
Meals $ 5,838 $ 5,838
Indirect Expenses
Books and Supplies $ 2,000 $ 2,000
Personal $ 1,959 $ 1,959
Transportation $ 2,000 $ 2,000
Loan Fees $ 71 $ 71
Total $ 36,455 $ 44,681

Master of Social Work (MSW) Online and Master of Business Administration (MBA) Online COA Budgets

The cost presented below is per academic year for students with full-time enrollment status. For all our initial aid offers, we assume full-time enrollment status and budgets. The COA budget is subject to change if enrollment is below full-time. The student must be enrolled in 9 or more credits to be considered full-time as a Graduate student.

Master of Social Work (MSW) Online
2023-2024 Off-Campus
Direct Costs
Tuition & Fees $ 12,006
Housing $ 12,220
Meals $ 5,232
Indirect Expenses
Books and Supplies $ 2,000
Personal $ 1,882
Transportation $ 1,650
Loan Fees $ 217
Total $ 35,207

Master of Business Administration (MBA) Online
2023-2024 Off-Campus
Direct Costs
Tuition & Fees $ 15,012
Housing $ 12,220
Meals $ 5,232
Indirect Expenses
Books and Supplies $ 2,000
Personal $ 1,882
Transportation $ 1,650
Loan Fees $ 217
Total $ 38,213

Master of Social Work (MSW) Online
2024-2025 Off-Campus
Direct Costs
Tuition & Fees $ 12,006
Housing $ 14,460
Meals $ 5,838
Indirect Expenses
Books and Supplies $ 2,000
Personal $ 1,959
Transportation $ 2,000
Loan Fees $ 217
Total $ 38,480

Master of Business Administration (MBA) Online
2024-2025 Off-Campus
Direct Costs
Tuition & Fees $ 15,012
Housing $ 14,460
Meals $ 5,838
Indirect Expenses
Books and Supplies $ 2,000
Personal $ 1,959
Transportation $ 2,000
Loan Fees $ 217
Total $ 41,486

*Undergraduate students are automatically placed in the Bear Books Program. The Bear Books Program is a course materials fulfillment program that lowers the cost of course materials and ensures students have their required course materials on the first day of class. Students have the option to opt out of the program.