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Tuition and Financing

Tuition and fees

Tuition: When you enroll in the Evening MBA program, your tuition rate (per credit) listed in the table below is guaranteed for three academic years. The Evening MBA program requires 48 core course credits and 28 elective credits for a total requirement of 76 credits.

Fees: The quarterly fee is subject to change yearly and may change your overall cost.

Tuition payments are due quarterly by the Tuition/Fee Assessment Deadline and the UW accepts various payment methods.

The Evening MBA Program is a fee-based program, which means that all students pay the same tuition rate regardless of their residency status. Students enrolled in fee-based programs 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 about fee-based programs.

Refer to the table below for the rate that applies to your year of admission. Tuition and fee rates are set by the Washington State Legislature and approved by the University of Washington Board of Regents.

Evening MBA Program Tuition
Year admitted to the program Tuition per credit Quarterly fees Estimated total program cost including tuition & fees
Autumn 2023
Resident & Non-Resident
$1,206 per credit $373 $95,013
Autumn 2022
Resident & Non-Resident
$1,169 per credit $373 $92,201
Autumn 2021
Resident & Non-Resident
$1,113 per credit $373 $91,284

Financing your MBA

Evening MBA students finance their education with personal funds, employer support, educational loans, and private scholarships or, in most cases, a combination of these resources.

Domestic applicants may apply for Federal loans. To apply for Federal loans, the University of Washington requires that you file the Free Application for Federal Student Aid (FAFSA or the Renewal FAFSA). The online form can be found at www.fafsa.ed.gov. A paper FAFSA can be obtained from local colleges or public libraries or requested from the UW Office of Student Financial Aid. The priority deadline for FAFSA submissions is January 15. You may submit the FAFSA form any time after October 1. Please list “University of Washington-Seattle,” Code 003798, in Section G of the application.

The Student loans program chart provides information on the types of loans available along with interest rates, loan fees, terms and repayment. Scroll down to see the Graduate and Professional Students section.

Who is eligible to apply?

Most University of Washington MBA students qualify to borrow $20,500 per year through the Federal Stafford Direct Loan Program. To apply, you must be a permanent U.S. resident, must not be in default on a prior federal student loan, and must have registered with the Selective Serice System if required by law to do so. Otherwise, this program is not based on need, income, or credit. Depending on creditworthiness, students may also qualify to borrow up to the full amount of the program fee through the private MBA Tuition Loan Program. Foreign residents may apply for this loan with a U.S. citizen co-signer.

How to apply

To apply for a Federal Stafford Direct Loan, fill out a Free Application for Federal Student Aid (FAFSA) online at www.fafsa.ed.gov or on paper and submit it to the address included on the application. If you are offered admission to the MBA Program and your FAFSA is approved, the University of Washington will send you a financial aid eligibility letter and a promissory note asking how much of the $20,500 annual maximum you wish to borrow. You will need the University of Washington’s federal financial aid code for the FAFSA: 003798.

For a list of private education loan and/or credit programs for students and their families visit the University of Washington Financial Aid website.

Where to get financial aid applications and more information?

The paper version of the FAFSA can be obtained from the University of Washington’s Office of Student Financial Aid:

Office of Student Financial Aid
University of Washington
Box 355880, Seattle, WA 98195-5880
Phone: 206-543-6101
Email: [email protected]
Web: www.washington.edu/students/osfa

Private loans are yet another resource available to cover your educational expenses. We strongly encourage qualified students to exhaust all federal loan options before applying for private loans. Unlike private loans, federal loans are required by law to provide flexible payment options, income-based repayment and loan forgiveness benefits.

We recognize that not all students qualify for federal loans. International students can qualify for private loans with a creditworthy U.S. Citizen or Permanent Resident co-signer. International students may also want to investigate private educational loans available from their home countries.

You are encouraged to do independent research and can borrow from any lender you prefer.

We encourage students to apply for outside (private) scholarships. Accredited Schools Online, FastWeb, OnlineMBA Review, Scholarships.com, Study.com, and other scholarship search engine sites are a good place to begin researching scholarship opportunities. The UW Office of Merit Scholarships, Fellowships, and Awards also maintains a database of scholarships which you can search for scholarships open to graduate students.

You can find a list of scholarship opportunities offered by Foster and outside resources on the Diversity Resources section of this website.

The University of Washington participates in the Post-9/11 GI Bill Program and Foster Evening MBA students are eligible to apply for the Tillman Military Scholars Program. Additionally, applicants are encouraged to apply for the MilitaryMBA Scholarships and can apply for a GMAT or GRE exam fee reimbursement.

Military Benefit Resource Links