GW School of Business offers a wide array of merit-based scholarship and need-based loan opportunities. As you work to enhance your career or plan for a career transition, we will assist you in navigating available financial resources to help ensure that you can reach your educational goals.
Tuition & Fees
Students beginning the Global MBA program in August 2015 will have a fixed tuition rate for the 21-month program. Tuition is due in four equal payments at the beginning of each of the four semesters, and you can take advantage of a monthly billing plan that allows payments to be spread over up to five months for each semester.
- Program Tuition: $93,780*
*Program tuition includes many of the costs associated with the Consulting Abroad Project, such as, lodging, in-country transportation, many group meals, cultural events, and CAP health insurance.
- Enrollment Fee: $850*
*Includes GMBA Institute (orientation activities/speakers) and some GWSB co-curricular activities
- Matriculation Fee: $100
- Consulting Abroad Project (CAP) Costs: $2,000 (estimated)*
*This may include airfare, some individual meal, visa documents, and immunizations.
- Student Association Fee: $2.25 per credit hour for Fall and Spring 2015, up to a maximum of $33.75 per semester.
- Registration Fee: $35 will be charged for any semester where you enroll in any coursework offered online or outside of the Foggy Bottom campus.
- Books: $500.00 (academic year estimate)
- Student Health Insurance: $2,258 (full-year estimate; optional)
- Housing: Click here for information about on-campus and off-campus housing for full-time GW graduate students
All applications are considered for merit-based scholarships. No separate application is required to apply. For the Global MBA class entering in 2014, 69 percent received a scholarship with an average award of nearly $54,000- more than half the cost of tuition.
Please note that all Global MBA merit-based scholarship funding is first applied against any program costs associated with the Consulting Abroad Project and the remaining scholarship balance will be applied against the balance of program-related charges.
Need-Based Financial Aid
Most student loans are based on either financial need or creditworthiness and are available only to U.S. citizens and permanent residents. GW students most frequently utilize loans such as the Federal Stafford Loan Program. Other private and federal loans are also available.
All federal loans require the Free Application for Federal Student Aid (FAFSA) form. For the fall 2014 term, GW students must submit this form to the federal processor by May 1, 2014. The maximum loan eligibility is $20,500 per academic year, and the interest rate is fixed at 6.80 percent.
George Washington University offers a monthly billing plan that allows payments to be spread over up to five months for each semester.
Many larger corporations, as well as the federal government, offer tuition assistance to employees pursuing graduate study. In most cases, your program of study must be related to your career field and approved by a supervisor at your organization.
A third-party sponsor pays all or part of a graduate student’s tuition and fees. Third party sponsors are usually private companies, embassies, or government agencies.
Third-party billing authorization documents must be submitted by the third week of the semester. The University does not accept sponsorship documentation that is contingent upon grades received for course work. Students are responsible for all tuition and fees not covered by a sponsor.
Veterans & Military
Nationally recognized as a top military and veteran-friendly university, GW offers a wealth of services and benefits to students who have served, or are currently serving, in the U.S. Armed Forces. Funding resources for graduate study include:
- GI Bill Base Benefit: $19,198.31 per qualified graduate student per year.
- Yellow Ribbon Program Benefit: Up to $12,000 per qualified graduate student per year.