​Financial Support


All applicants are automatically considered for Olin Business School fellowships; no separate application is required.

Olin Business School Stipend/Fellowships

Enrolled PhD students who are making satisfactory progress in the program are guaranteed financial support for five years. This includes full tuition remission plus a stipend for living expenses distributed over 12 months. The annual stipend for students entering the PhD Program in the fall of 2023 is $40,000. All applicants are automatically considered for Olin Business School fellowships, no separate application is required. New applicants are encouraged to apply for other fellowships with generous stipends that are available to outstanding new students at Washington University, including the Ann W. and Spencer T. Olin-Chancellor's Fellowship Program for students representing a variety of diverse backgrounds.

Mr. and Mrs. Spencer T. Olin Fellowships

These fellowships are awarded as a result of an annual competition open to all women who intend to commence graduate studies at Washington University the following fall. Olin Fellowships carry stipends for four years and full tuition. Women wishing to become candidates for the Olin Fellowship competition are asked to complete a separate Olin application in addition to their application for admission. Applicants must be graduates of a baccalaureate institution in the United States. For more information, call (314) 935-6818 or visit the Olin Fellowship website.

The Chancellor's Graduate Fellowships

These fellowships are designed to facilitate training for students who will contribute to diversity in graduate education and who are interested in becoming college or university professors. Students will be selected who, in light of all pertinent qualifications, experiences, and attributes, would contribute to the diversity of graduate education at Washington University. For more information, call 314-935-6821 or visit the Chancellor's Fellowship website.

McDonnell International Scholars Academy

To be eligible to apply to the McDonnell International Scholars Academy, an individual must be a graduate of one of our University Partners and must also apply to one of a select group of full-time graduate or professional programs. Application to the Academy is separate from, and in addition to, a graduate or professional program at Washington University in St. Louis. For more information, visit the McDonnell International Scholars Academy.

Conference Support

Conducting a successful job search frequently requires an outlay of funds that most PhD students do not anticipate. In addition to the annual stipend, Olin provides funding for the presentation of papers at conferences and for expenses associated with the completion of your thesis and job search. However, you may wish to seek additional resources, such as external grants and fellowships, loans, savings, or family support to supplement the funding provided by the Olin School.

Fellowship support may be considered taxable income. Refer to these resources.