Cost, Aid and Scholarships for MBA

Our Financial Services team is ready to help you understand options for financing your degree.

Full-Time MBA Program Tuition


$137,764* (estimate)



Fees and Expenses 

Program Fee — $4,500 (estimated $900 per semester)

Student Government Fee — $650 (estimated at $130 per semester) 

Health and Wellness Fee — $1,615 (estimated $323 per semester)

Global Immersion Expenses — $1,200 (estimated)**

*Tuition estimate assumes graduation by May 2026. Program cost is represented by $34,100 per semester for academic year 2024–25. Tuition is estimated at $35,464 for academic year 2025–26. Final academic year 2025–26 costs will not be published until spring 2025.

**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.

Posted Spring 2024

Our Full-Time MBA Scholarships

Every candidate admitted to Olin is automatically considered for our merit-based scholarship opportunities—and for most, a separate application isn’t required. The Alumni Scholarship and the Nonprofit Scholarship are awarded based on verified personal information. Review the following scholarships so you have a clear understanding of which opportunities you may be eligible to receive and what you need to do to apply for them. We’ll notify you of your award at the time of admission. 
  • 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.

  • 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.

    Learn more about the Forté Foundation.

  • 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. 

  • 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.

  • 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.

  • 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.

    Learn more about the Reaching Out Fellowship.

  • 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.

    See all resources for US military veterans.

  • Alumni Scholarship

    Alumni of Washington University may receive scholarships to help finance their enrollment in Olin Business School programs.

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.

headshot of Justin Matthews

Justin Matthews

Full-Time MBA

Read Justin’s story

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 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.

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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.