Program Fees and Tuition - Academic Year 2008-20091
| Resident2 | Non-Resident | |
| Professional Fee3 | $24,000 | $24,000 |
| ASU Tuition | $6,790 | $19,334 |
| ASU Technology Fee | $50 | $50 |
| ASU Student Rec Fee | $50 | $50 |
| ASU Financial Aid Fee | $48 | $48 |
| ASU ASA Fee | $2 | $2 |
| TOTAL4 | $30,940 | $43,484 |
1 Tuition and fees presented here and from any other sources are subject to change by the Arizona Board of Regents, the MRED Program and/or correction of any errors.
2 To find out more about residency classification, please visit University Registrar's Office
3 Textbooks, course materials, supplies, parking passes, site visits, travel (airfare and lodging) are all included in the Professional Fee.
Tuition remission benefits available to Research and Teaching Assistants. Employee related reduced tuition benefits do not apply to Professional Fee.
4 Half of the total is due before the start of fall semester and another half before the spring semester.
Please contact Megan Paul for admissions and tuition information
480.298.8225
Megan.Paul@asu.edu
To assist you in estimating your educational expenses, the 2008-2009 budget is provided as a guide to your planning. This budget includes educational and living expenses for independent graduate-level students. Living expenses may vary considerably from student to student depending on preferred lifestyle choices.
| MRED Program 2008-2009 Sample Budget | ||
| Resident | Non-Resident | |
| MRED Professional Fee 1 | $ 24,000 | $ 24,000 |
| ASU Tuition 2 | $ 6,790 | $ 19,334 |
| ASU Technology Fee | $ 50 | $ 50 |
| ASU Student Rec Fee | $ 50 | $ 50 |
| ASU Financial Aid Fee | $ 48 | $ 48 |
| ASU ASA Fee | $ 2 | $ 2 |
| Total | $ 30,940 | $ 43,484 |
| Student Health and Accident Insurance 3 | $ 1,559 | $ 1,559 |
| Other Expenses 4: | ||
| Room ($708/month) | $ 6,730 | $ 6,730 |
| Board ($100/week) | $ 3,800 | $ 3,800 |
| Transportation ($81/week) | $ 3,090 | $ 3,090 |
| Personal | $ 2,950 | $ 2,950 |
| Total | $49,069 | $61,613 |
The ASU Master of Real Estate Program understands that meeting program costs can be challenging. Your program costs can be funded by a number of resources available through scholarships, federal student loans, alternative loans, and graduate assistantships.
The Direct Loan Program allows all citizens and eligible non-citizens to receive financial aid regardless of their income. The MRED program strongly encourages you to establish your eligibility for aid through the completion of FAFSA (Free Application for Federal Student Aid) whether or not you currently anticipate a need for financial assistance. This expedites the process of receiving financial aid funds in the case of unforeseen financial circumstances. To obtain financial aid funds, admitted MRED candidates must complete the FAFSA-Free Application for Federal Student Aid. http://www.fafsa.ed.gov/
Unlike Stafford Loans, alternative loans are not need-based. They are private, unsecured, credit-based loans issued to students to help off set the cost of tuition, fees, supplies, living expenses, and various other costs associated with their education. You can apply for alternative loans whenever the need for aid arises, and therefore, there are no deadlines associated with these loans. Depending on the lender, most alternative loans can be funded within 5-7 working days after a borrower has completed an online application and has been conditionally pre-approved for the loan. Because of numerous private lenders offering alternative loans and a wide variety of offers, please contact the Student Financial Assistance at ASU Tempe campus to choose the best loan for your particular needs: 480.965.3355 Monday-Friday: 8:30-4:30.
The Arizona District Council of the Urban Land Institute (ULI) and the Phoenix Chapter of Lambda Alpha International (LAI) are offering scholarships to graduate students at Arizona State University with a real estate focus for the fall 2008 semester. ASU Master of Real Estate Development (MRED) candidates are eligible to apply. Applications available March 2008.
The Arizona Chapter of NAIOP, the National Association of Industrial and Office Properties, held their second annual comedy fundraiser to provide scholarships for the MRED program. Last year, the comedian Jay Leno provided a fun-filled evening resulting in two $12,500 scholarships to students in the 2007 class. In September 07, Dana Carvey performed at ASU's Gammage Auditorium to provide funding for scholarships to the MRED Class of 2008.
The Arizona Chapter of Commercial Real Estate Women (AZCREW) is offering two $1,000 scholarships to undergraduate and graduate WOMEN students at Arizona State University with a real estate focus for the spring 2008 semester.
One award of $1,000 per scholarship will be distributed.