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MS-AIB program cost and financial aid

Taking less than one year to complete, and offering an immediate onramp to new career opportunities, the W. P. Carey School of Business constructed the MS-AIB degree to keep costs low and the return on investment high for students. Scholarships and financial aid options are available to support your journey.

Estimated total program cost

2024-2025 academic year

The next Master of Science in Artificial Intelligence in Business (MS-AIB) cohort at ASU’s Tempe campus will begin in Fall 2024. Program cost varies, depending on a student’s residence.

Fall 2024 admits

Estimated tuition and fees







Note: All amounts shown in the Tuition and Fees Schedules or in other university publications or webpages represent tuition and fees as currently approved. However, Arizona State University reserves the right to increase or modify tuition and fees without prior notice, upon approval by the Arizona Board of Regents or as otherwise consistent with board policy, and to make such modifications applicable to students enrolled at ASU at that time as well as to incoming students. In addition, all tuition amounts and fees are subject to change at any time for correction of errors. Finally, please note that fee amounts billed for any period may be adjusted at a future date.

Program deposit

A one-time non-refundable enrollment deposit of $500 is also required before you register for classes.

Financial aid

Funding your degree is one of the most important factors in returning to school, which is why the W. P. Carey School of Business has a financial aid services team dedicated to your specific needs as a grad student. We're here to help you navigate billing, scholarships, loans, deadlines, and more.

Completing the FAFSA

To apply for federal financial aid, complete the Free Application for Federal Student Aid (FAFSA). The application is available October 1 for the following academic year. ASU's school code is 001081. Learn more about tuition and financial aid at ASU, including eligibility requirements and answers to frequently asked questions.


The FAFSA can be completed at any point in your current academic year, but we recommend these deadlines for completing your applications and receiving funds in a timely manner.


June 15

July 15

August 1

Recommended Steps

Complete your FAFSA

Complete supporting documentation requested by Student Financial Assistance

Accept your financial aid via My ASU

Veterans benefits

ASU's Veteran Benefits and Certifications does not determine eligibility but will assist you by administering veteran's educational benefits and certifying your enrollment.


W. P. Carey awards a limited number of scholarships based on academic performance, leadership activities, community involvement and future goals. These scholarships are extremely competitive. A short application is required for consideration and must be completed after admission has been awarded. Domestic and U.S. permanent residents must complete the Free Application for Federal Student Aid (FAFSA).

For ASU undergraduates with existing scholarships, it may be possible to apply remaining funds to the MS-AIB program. Find more information about how to move from an ASU undergraduate program to a business master’s degree through W. P. Carey Forward.

Loan options

Federal Unsubsidized Loans

Lending limit: $20,500 per academic year

Interest rate


Origination fee


More information

Federal Graduate PLUS Loans

Lending limit: Awarded up to a student's cost of attendance, less other forms of aid awarded

Interest rate


Origination fee


More information

Private education loans

  • Obtained from a private lender
  • Interest rates, loan fees, repayment options and eligibility requirements will vary
  • Review additional information regarding private student loans
  • Private student loans may be an option for international students who do not qualify for federal student loans