MBA Cost, Aid and Scholarships
Our Financial Services team is ready to help you understand options for financing your degree.
Full-Time MBA Tuition, 2023–24 academic year
Tuition — $132,400
Program Fee — $3,750 (estimated $750 per semester)
Student Government Fee — $650 (estimated at $130 per semester)
Health and Wellness Fee — $308 per semester
Global Immersion Expenses — $1,200 (estimated)*
Estimate assumes graduation by May 2025. Program cost is represented by $33,100 per semester for academic year 2023–24. Tuition is estimated at $35,086 for academic year 2024–25. Final academic year 2024–25 costs will not be published until spring 2024.
*Olin covers the cost of flights booked through the program, lodging and some meals. Costs covered by the student during the Global Immersion may include some weekend lunches and most dinners; souvenir and personal tourist or experience costs; SIM card or international phone plan; and visa application.
Our Full-Time MBA Scholarships
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Consortium for Graduate Study Management (CGSM) MBA Fellowships
The CGSM is an organization comprising university and corporate partners that promote diversity in graduate management programs and US business. Founded by WashU in 1966, the CGSM provides full-tuition fellowships for MBA study at one of the 19 participating schools. Applicants for this full MBA scholarship should apply using the CGSM application.
Visit The Consortium website for more information or to determine eligibility.
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Forté Foundation
The Forté Foundation is a consortium of business schools, corporations and nonprofit organizations that work to increase women’s participation in business schools and management. All students who exhibit Values-Based, Data-Driven™ leadership, represent diverse backgrounds, seek a global outlook and demonstrate a commitment to advancing the interest of women in business are considered for Forté awards.
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Olin Entrepreneurship Fellowship
Developing an entrepreneurial spirit is a pillar of the student experience at WashU Olin. The Olin Entrepreneurship Fellowship is awarded to Full-Time MBA students who are looking to influence business and society globally, in areas such as equity, diversity and inclusion; sustainability; and social responsibility. Fellows receive full tuition remission, networking opportunities, one-on-one mentorship and more. For more information, download the Entrepreneurship Fellowship information sheet (PDF).
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McDonnell International Scholars Academy
The McDonnell International Scholars Academy awards full-tuition scholarships to international students who have graduated from specific universities outside the United States. These full MBA scholarship awards include an annual stipend of $28,000. The Academy has a separate application for this award.
Learn more about the McDonnell International Scholars Academy.
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The Milford and Leona Bohm Scholarship
The Milford and Leona Bohm Scholarship is available only to graduates of The Technion (the Israeli Institute of Technology) in Haifa, Israel. Enclose a cover letter with your Olin application that verifies your eligibility for this scholarship.
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Reaching Out Fellowship
The Reaching Out LGBTQ+ MBA Fellowship was created as a joint effort between top business schools and Reaching Out to develop the out LGBTQ+ and active ally business leaders of tomorrow. Each fellowship recipient will receive a minimum scholarship of $10,000 per academic year and access to an exclusive mentor and leadership development program administrated by Reaching Out.
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US Military Veterans
We are pleased to offer Olin Veterans Association Fellowships for those who have served in the US Armed Forces. In addition, WashU Olin is proud to be a full participant in the Post-9/11 GI Bill’s Yellow Ribbon Program. The US Department of Veterans Affairs determines candidates’ eligibility for this benefit.
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Alumni Scholarship
Alumni of Washington University may receive scholarships to help finance their enrollment in Olin Business School programs.
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Nonprofit Scholarship
Those employed at a 501(c)(3) nonprofit company and displaying nonprofit leadership skills may qualify for our Nonprofit Scholarship program. This scholarship is awarded based on verified personal information.
Olin gave me the opportunity to reflect on, focus on and dream about my career. I gained confidence in subjects I was unfamiliar with before, like finance and consulting. I was given opportunities to lead student organizations and challenged with classes to help me grow as a business professional.
Funding Your Degree
In addition to institutional scholarships, your options include (but aren’t limited to):
Although many resources are available online, including Olin's Financial Services website, we’re available to advise you personally.
Email olinfinancialservices@wustl.edu or call 314-935-7301. Or you may schedule an appointment.
Health Insurance Requirement
Washington University requires all full-time, degree-seeking students to maintain health insurance for the duration of their enrollment.
Students must either purchase the Washington University Student Health Insurance Plan or prove they have adequate coverage through another plan. If you do not demonstrate that you have adequate coverage from another plan, you will be automatically enrolled in the university plan and billed accordingly. Visit Student Health Services to learn more.
Contact Us
Olin Financial Services
Graduate Programs Office
Knight Hall, Room 310
Office Hours:
Monday–Thursday, 8:30 a.m. to 6:30 p.m.
Friday, 8:30 a.m. to 5 p.m.