Financing Your MBA

Other Funding Sources

In addition to savings, educational loans, and scholarships, students tap many other sources of funding to finance their MBA programs. Although incoming students are strongly encouraged not to work during the first academic year of the MBA program, most students pursue a paid summer internship. Some second year students pursue on-campus part-time work such as teaching assistantships. TA positions require a commitment of 20-25 hours per week and most provide a tuition reimbursement and monthly stipend in return. Other second year students pursue paid part-time work opportunities off campus in an industry or function relevant to their post-MBA goals.

Out-of-state domestic students (U.S. citizens and permanent residents) who enroll in the UW MBA Program should take steps to establish Washington state residency during the first year as this will allow them to qualify for a tuition waiver that will reduce the second year tuition to an in-state rate — a substantial cost savings.

U.S. veterans, their spouses, and children can qualify for a partial tuition waiver if the MBA program is their first graduate/professional degree and they meet the appropriate eligibility conditions.

International students seeking other sources of aid may want to consider international programs such as Fulbright and Muskie Fellowships, and other scholarship/grant programs that are designed to support students pursuing graduate study outside their home countries. Many countries also offer government scholarships for overseas graduate study. EduPASS is a resource that provides financial aid information and tips for international students.