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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.

2025-2026 Budgets

Maryland Residents

2025-2026 At Home with Parents On-Campus Off-Campus
Direct Costs
Tuition & Fees $ 8,346 $ 8,346 $ 8,346
Housing $ 5,702 $ 12,840 $ 15,568
Meals $ 5,838 $ 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 $ 25,916 $ 32,001 $ 35,782

Non-Maryland Residents
2025-2026 On-Campus Off-Campus
Direct Costs
Tuition & Fees $ 19,456 $ 19,456
Housing $ 12,840 $ 15,568
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 $ 43,111 $ 46,892

2026-2027 Budgets

Maryland Residents

2026-2027 At Home with Parents On-Campus Off-Campus
Direct Costs
Tuition & Fees $ 8,466 $ 8,466 $ 8,466
Housing $ 8,235 $ 14,025 $ 16,775
Meals $ 5,838 $ 6,875 $ 6,875
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 $ 28,569 $ 34,396 $ 38,146

Non-Maryland Residents
2026-2027 On-Campus Off-Campus
Direct Costs
Tuition & Fees $ 19,796 $ 19,796
Housing $ 14,025 $ 16,775
Meals $ 6,875 $ 6,875
Books and Supplies $ 2,000 $ 2,000
Indirect Expenses
Personal $ 1,959 $ 1,959
Transportation $ 1,000 $ 2,000
Loan Fees $ 71 $ 71
Total $ 45,726 $ 49,476
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.

2025-2026 CICS Budgets

CICS Undergraduate

2025-2026 Off-Campus
Direct Costs
Tuition  $ 6,240
Technology Fee $ 480
Housing $ 15,975
Meals $ 6,365
Indirect Expenses
Books and Supplies $ 2,000
Personal $ 1,959
Transportation $ 2,000
Loan Fees $ 71
Total $ 35,090

CICS Graduate
2025-2026 Off-Campus
Direct Costs
Tuition  $ 8,514
Technology Fee $ 360
Housing $ 15,975
Meals $ 6,365
Indirect Expenses
Books and Supplies $ 2,000
Personal $ 1,959
Transportation $ 2,000
Loan Fees $ 71
Total $ 37,390
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
2025-2026 Off-Campus Off-Campus
Direct Costs
Tuition & Fees $ 10,197 $ 18,567
Housing $ 15,975 $ 15,975
Meals $ 6,365 $ 6,365
Indirect Expenses
Books and Supplies $ 2,000 $ 2,000
Personal $ 1,959 $ 1,959
Transportation $ 2,000 $ 2,000
Loan Fees $ 71 $ 71
Total $ 38,713 $ 47,083

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
2025-2026 Off-Campus
Direct Costs
Tuition & Fees $ 12,006
Housing $ 15,975
Meals $ 6,365
Indirect Expenses
Books and Supplies $ 2,000
Personal $ 1,959
Transportation $ 2,000
Loan Fees $ 217
Total $ 40,522

Master of Business Administration (MBA) Online
2025-2026 Off-Campus
Direct Costs
Tuition & Fees $ 15,012
Housing $ 15,975
Meals $ 6,365
Indirect Expenses
Books and Supplies $ 2,000
Personal $ 1,959
Transportation $ 2,000
Loan Fees $ 217
Total $ 43,528

*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.