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)
*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 Final academic year 2025–26 costs will not be published until spring 2025.
Posted Spring 2024
Scholarships
-
Consortium for Graduate Study Management Fellowships
The Consortium for Graduate Study in Management is an organization whose stated mission is to “enhance diversity and inclusion in global business education and leadership by striving to reduce the significant underrepresentation of African Americans, Hispanic Americans, and Native Americans in both our member schools’ enrollments and the ranks of global management.”
Applicants who can demonstrate a commitment to this mission may be eligible for a Consortium Fellowship. Co-founded by WashU in 1966, Consortium member schools, now numbering 25 institutions, provide full fellowships (tuition and mandatory fees) for full-time MBA study. Applicants to The Consortium should not apply using the Olin application. Rather, The Consortium application should be submitted for admission, Consortium membership, and Fellowship consideration.
Visit The Consortium website for more information.
-
Forté Foundation Fellowships
The Forté Foundation is an organization whose stated mission is to “launch women into fulfilling, significant careers through access to business education, professional development, and a community of successful women.”
Applicants who can demonstrate a commitment to this mission may be eligible for a Forté Fellowship. A short essay response included in the body of the Olin application is required for consideration.
Visit the Forté Foundation website for more information.
-
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, and candidates must complete and submit their full-time MBA application before starting a McDonnell application. Applications for the Academy can be accessed in the WashU application portal 24-48 hours after your full-time MBA application has been submitted.
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
Reaching Out is an organization whose stated mission is to “increase the influence of the LGBTQ+ community in business by educating, inspiring, and connecting MBA students and alumni.”
Applicants who can demonstrate a commitment to this mission may be eligible for a Reaching Out Fellowship. A short essay response included in the body of the Olin application is required for consideration.
Visit the Reaching Out website for more information.
-
US Military/Veteran Awards
All admitted applicants who have served in the U.S. Armed Forces are considered for Olin Veterans Association Fellowships. In addition, WashU proudly supports the Post-9/11 GI Bill and is a full participant in the Yellow Ribbon Program. The U.S. Department of Veterans Affairs determines candidates’ eligibility for this benefit.
The wraparound support I received through my scholarship, the Graduate Programs Office and faculty influenced my success in the program tremendously. I would not have been able to be as present and focused on learning without these key pieces, which ultimately allowed me to secure a dream job and graduate without substantial financial debt.
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.
Quick Links
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.