| Program Fees* | |
|---|---|
| Total Program Cost (paid in 6 quarterly installments) | $96,000 |
| By Quarter Breakdown | $16,000 |
*Fee for students beginning the Hybrid MBA Program Autumn Quarter 2024. The program fee is equally divided among the six academic quarters. Fees are subject to approval by the University of Washington Board of Regents.
As part of a member of the Hybrid MBA Program, your program fee will cover instruction, course materials, online course interface, textbooks, quarterly course registration, catering, career management events, hosted social functions and events, and student activity fees.
Tuition payments are due quarterly by the Tuition/Fee Assessment Deadline. The UW accepts various payment methods.
Employer reimbursements may be spread out over 3 calendar years, in 6 quarterly payments:
Calendar year 1 (1 quarter): Autumn quarter year 1
Calendar year 2 (3 quarters): Winter year 1, Spring year 1, Autumn year 2
Calendar year 3 (2 quarters): Winder year 2, Spring year 2
Financing your MBA
Hybrid MBA students finance their education through personal funds, federal and private loans, employer assistance, and private outside scholarships.
Students have the benefit of using their company education subsidy across 3 calendar years. In addition, students are eligible to claim tax education credits.
Students in all fee-based programs, including this degree, are not eligible for the tuition exemption program, institutional tuition waivers or the Undergraduate/Graduate University Grant programs, including the Husky Promise program. Read more information on fee-based programs.
- Direct Unsubsidized Loans have a maximum disbursement of $20,500 per year. Loan eligibility is not need-based.
- Direct PLUS Loans are loans made to students to help pay for the remainder of education expenses not covered by other financial aid, as determined by FAFSA results. Loan eligibility is not need-based.
The FAFSA4caster is the US Department of Education’s free calculator that gives you an early estimate of your financial aid award.
Applying for Federal Loans:
Students seeking federal loans must complete the Department of Education’s Free Application for Federal Student Aid (FAFSA). UW’s federal financial aid code for the FAFSA is 003798. If you are admitted to the Hybrid MBA Program and your FAFSA is approved, the UW will send you a financial aid eligibility letter and a promissory note.
For complete graduate loan information, visit the UW Office of Student Financial Aid (OSFA) website. You may also contact the UW Office of Student Financial Aid at (206) 543-6101 or [email protected]. Hybrid MBA also hosts financial aid workshops on occasion.
UW Foster Hybrid MBA Social Impact Scholarships
Value
$5,000 a quarter/$15,000 a year. This is a renewable scholarship for a total of $30,000 over the two year program presuming that the recipient continues to meet the scholarship criteria outlined below from the perspective of the scholarship award committee.
Purpose
Our mission at UW Foster is to develop inclusive leaders who embody the Foster School Values of bettering humanity by creating leaders who foster community. These scholarships will be awarded to admitted Hybrid MBA students who demonstrate Foster’s values of commitment to diversity, inclusion, and community building through their leadership in advocacy for others, primarily underserved communities. We hope these scholarships not only attract students who live these values but have a passion to continue fostering having a positive impact through inclusive leadership in their communities.
Requirements
These scholarships are awarded based on merit in year 1 of the program. Scholarships will be awarded at $15,000 a year, split evenly across each quarter ($5,000/qtr) of the program and are renewable into year 2 of the program depending upon both funds availability and each recipient’s maintenance of compatibility with the criteria below. Scholarship availability in limited numbers and awarded on a first applied basis, and awards are subject to change without notice. A short application which includes an essay and interview is required for consideration and must be completed after admission has been awarded.
Criteria
- Permanent Resident or U.S. Citizenship.
- Academic Success and Preparedness – Demonstrate ability to navigate the academic rigor of the program.
- Remain in academic good standing each quarter by maintaining a minimum cumulative GPA of 3.0.
- Uphold student honor code and student conduct and professionalism.
- Complete an interview with the Program Director.
- Submit an essay for consideration to [email protected]. Essays will be considered during the admissions process and may be submitted with your application or after admission offer is received.
Scholarship submissions will typically be considered during Rounds 1 and 2 and final decision/awards will be offered by June 1st of each year (but may occur throughout the admissions cycle). Round 3 applicants may also be considered for scholarship, and decisions will be announced by August 1st.
Essay Prompt for Social Impact Scholarship consideration (1000 word limit)
Submit via email to [email protected] (during application process or after acceptance of admission)
Discuss how you are currently demonstrating your leadership commitment to diversity, equity and inclusion and specifically how you are supporting historically underserved communities. Share how your MBA will impact your future leadership goals towards creating positive change. Please make sure to share in your essay any recent personal and professional leadership experiences (including volunteer and/or internship) that demonstrate your passion, commitment, and advocacy of historically underserved communities.
Military Benefit Resource Links
The Hybrid MBA Program will spread over 3 calendar years, increasing the tax years for potential write-offs.