Financing Your Executive MBA
Financing your EMBA Some Executive MBA students receive full or partial financial support from their organizations, but many professionals don’t and need to rely on student loans or other types of financial aid. To help you attend the Executive MBA program, Olin provides a comprehensive financial aid program.
Financial aid comes from a variety of sources, including the federal government, military benefits, public and private sources, and Washington University. Keep in mind, these resources may be available to you regardless of your income level and assets. Also, note that your need for financial aid has no bearing on the admissions decision. Learn more about Financing Your EMBA (pdf).
Apply for aid early in application process
The Executive MBA Admissions team suggests you apply for financial aid early in your application process. Don’t simply assume you won’t be eligible. A variety of factors determines your eligibility for a particular form of financial aid, including your citizenship status.
For most students, the first step is to complete the Free Application for Federal Student Aid (FAFSA), a form used by almost every college and university. To fill out the FAFSA, go to the Domestic Process page. Olin requires you to complete the form to be eligible for financial aid.
- If you are applying for EMBA classes 48 or 49, submit a 2016-17 FAFSA application, available January 2016.
- If you are applying for EMBA classes 50 or 51, submit a 2017-18 FAFSA application, available January 2017.
- If you’re applying for financial aid for the entire 20-month program, you’ll need to complete a FAFSA for each academic year.
Regardless of your income level and assets, student loans are available to help you meet the cost of your graduate education. See Types of Loans for information about Stafford, PLUS, and private alternative loans. Grants generally aren’t available for Executive MBA candidates.
In addition, Washington University offers a monthly payment plan that allows you to spread all or part of each academic year's expenses over nine or 10 equal monthly payments. The payment plan can be combined with any of the low-interest financing options. You’ll be charged an annual $65 enrollment fee that includes tuition protection insurance coverage. For additional information, visit the Student Financial Services website.
Call 314-935-6610 to arrange for counseling with Olin's associate director of graduate business financial aid.
To offset program costs, Olin offers a limited number of supplemental scholarships to professionals who work for nonprofit organizations. The business school considers the support an investment in these individuals and the community at large. Ideal candidates are senior directors (or above) at qualified nonprofit organizations (excluding postsecondary institutions). In addition, candidates must be admitted to the Executive MBA program and provide compensation documentation, along with any materials that explain the purpose and mission of their nonprofit organization.
Call 314-935-3383 to discuss your qualifications for a nonprofit scholarship.