Funding Your Education
An Eller MBA is one of the best values in graduate management education. Our reasonable tuition and the low cost of living in Tucson result in a positive and quick return on your investment.
Learn more by following a link below, or scroll down for all funding information:
Full-Time MBA Tuition and Fees
2009-2010 Academic Year
Arizona State Residents |
Costs for 9-Month Academic Year |
| Registration and UA fees | $17,145.12* |
| Textbooks | 800.00 |
| Living expenses | 8,400.00 |
| Miscellaneous (i.e., travel) | 4,000.00 |
| International Trip (required course fee) | 4,500.00 |
| Total | $34,845.12 |
Non-Resident/International |
Costs for 9-Month Academic Year |
| Registration and UA fees | $32,157.12* |
| Textbooks | 800.00 |
| Living expenses | 8,400.00 |
| Miscellaneous (i.e., travel) | 4,000.00 |
| International Trip (required course fee) | 4,500.00 |
| Total | $49,857.12 |
* Based on estimates and subject to change.
Information regarding housing, travel, and personal expenses are conservative estimates and are intended to give you a sense of these expenses. Items not factored into the estimated costs include health insurance and a $500 one-time enrollment fee. The international course fee is only required for the first year.
Financial Aid
Many students choose to take out a loan to pay for all or part of the costs associated with attending an MBA program.
Loan programs available to MBA students include:
- Federally sponsored (Stafford) loans – for U.S. citizens only
- Alternative private loans – for U.S. and international students
- MBA LOANS program (sponsored by Sallie Mae and the Graduate Management Admissions Council)
All offer low interest loans repayable upon completion of your degree.
Eligibility for need-based grants, loans and scholarships is determined by completing a Free Application for Federal Student Aid (FAFSA) form available on line at www.fafsa.ed.gov. Many funds are limited, so those students who have their FAFSA completed by March 1 each academic year receive priority processing.
Applicants must be admitted to the MBA program before The University of Arizona Office of Student Financial Aid (OSFA) will make financial aid awards. Graduate students must be enrolled at least halftime in order to receive federal loans.
The Eller MBA program does not manage the Financial Aid (loan) process but rather works with the OSFA. We have a dedicated Program Coordinator in the OSFA who handles all MBA applications. For more information contact the OSFA.
Scholarships
For full-time MBA students only.
The Eller MBA program offers a number of merit-based scholarships to both U.S. and international students. A third optional essay as part of the application is required in order to be considered for both cash and Graduate Assistantship scholarships. Award decisions are made during the application review process and recipients are notified at the time of admission.
The Eller MBA program is also sponsored by The University of Arizona's Peace Corps Fellowship program. Please contact Georgia Ehlers for more information. Peace Corp Fellowship recipients are not excluded from consideration for an Eller scholarship.
External Funding Sources
A number of external funding sources for MBA students are available, including:
- Bureau of Indian Affairs – offers fellowship grants to graduate students at accredited U.S. schools who can demonstrate financial need and are enrolled members of a federally recognized American Indian tribe or Alaskan Native group or possess one-fourth degree federally recognized Indian blood: www.oiep.bia.edu
- FastWeb – scholarship search engine: www.fastweb.com
- FinAid – a comprehensive resource for student financial aid information, including an online searchable database of financial aid resources: www.finaid.org
- Fulbright Scholarships – awards are available for U.S. and non-U.S. students who aim to increase mutual understanding between the peoples of the United States and other countries, through the exchange of persons, knowledge, and skills: www.iie.org
- Graduate Management Admissions Council: www.mba.com
- Hispanic Scholarship Fund (HSF) – along with Pfizer, Inc., sponsors Hispanic students in graduate school. Awards are for $10,000 in a student's first year of graduate study, with the possibility of renewal for a second year: www.hsf.net (applications available beginning August 1)
- IEFA - International Education Financial Aid – sponsored by International: www.iefa.org
- Richard Metzler and Roland Berger Scholarships – open to applicants pursuing an MBA degree who demonstrate academic excellence, strong leadership skills, and community service or related activities and who are interested in pursuing a career in management consulting. Information is available through the Association of Management Consulting Firms: www.amcf.org
- National Society of Hispanic MBAs Scholarship – awards are offered to qualified Hispanics each year for full- and part-time study at an accredited institution of the student’s choice: www.nshmba.org/scholarship/guidelines.asp
- Sallie Mae Scholarship Search – SLM Corporation, commonly known as Sallie Mae, owns or manages Federal Stafford Loans and other student loans: www.salliemae.com/mbaloans
- Sampoerna Foundation – offers scholarship funds on an annual basis to outstanding young Indonesians from financially disadvantaged families: www.sampoernafoundation.org
- Scholarships.com – scholarship search engine: www.scholarships.com
For more information, please contact us or request more information through our online inquiry system.
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