The total cost of the Full-Time MBA at the University of Washington Foster School of Business is $84,810 for Washington residents to $119,148 for non-residents for the 2025-26 academic year. These rates set by the Washington State Legislature and approved by the University of Washington Board of Regents.
Most Full-Time MBA students finance their degree through a combination of scholarships, personal funds, and student loans.
Program Fees
Program Cost At-a-Glance
Total Estimated Program Cost (Tuition & Fees):
- Washington resident: $84,810
- Non-resident: $119,148
Billing Cadence: Tuition is billed quarterly based on enrolled credits
Estimated Payment Amount (per quarter):
- Resident: $13,753 tuition + $382 fees
- Non-resident: $19,476 tuition + $382 fees
Cost governance note: Tuition and fee rates are set by the Washington State Legislature and approved by the University of Washington Board of Regents. Students in the Full-Time MBA program are charged the same tuition rate for two years, though incoming cohorts may see updated rates annually.
Estimated Additional Expenses
In addition to tuition and fees, students should plan for living and personal expenses.
Estimated annual costs (12-month):
- Room and board: $29,668
- Books: $1,100
- Local transportation: $2,108
- Personal expenses: $3,344
- Health: $3,600
Additional one-time or program-related costs:
- MBA Association membership dues: $450 (paid once for two years)
- Estimated MBA club dues: $200 (paid once for two years)
- Orientation fee (due after confirmation of enrollment)
These estimates are based on the latest available information and may vary depending on individual circumstances.
What Your Tuition Covers
Tuition for the Full-Time MBA covers the core academic costs required to participate in the program.
- Instruction and faculty access
- Enrollment in MBA coursework
- Access to university academic resources
- Student services and campus infrastructure
Payment Timing & Logistics
Payments are due each academic quarter by the UW Tuition/Fee Assessment Deadline.
The University of Washington accepts multiple payment methods. View UW payment methods.
Financing Your Degree
Full-Time MBA students typically fund their degree through a combination of scholarships, personal funds, and student loans.
For a full overview of financing pathways—including loans, scholarships, and other funding options—visit:
Scholarships
Foster offers a range of scholarships for Full-Time MBA students. Many awards are granted as part of the admissions process. Scholarship availability, eligibility, and award amounts vary.
Merit-based Scholarships
- Domestic and international candidates are eligible.
- Priority is given to candidates who apply during the first two application rounds.
- No scholarship application is required. All candidates are automatically considered for scholarships.
- Incoming student scholarships are awarded based on factors considered in your application, including GMAT or GRE score, GPA, professional experience and your admission interview.
Foster may consider need-based scholarship funding for students who enroll in the Full-Time MBA program. Students must complete the Free Application for Federal Student Aid (FAFSA) to be eligible for need-based scholarship awards.
U.S. Veterans and Spouses/Children of U.S. Veterans
The University of Washington participates in the Post-911 GI Bill Program, under which veterans may qualify for a partial tuition waiver and GMAT or GRE exam fee reimbursement. Please view the U.S. Department of Veteran Affairs website for details on requesting reimbursement for exam fees. Additionally, Foster MBA students are encouraged to apply for the Tillman Military Scholars Program, and Military MBA Scholarships.
Military Benefit Resource Links
- UW Veterans Education Benefits Office
- GI Bill Comparison Tool
- Exam Fee Reimbursement
- Tillman Military Scholars Program
- Military MBA
- Federal Student Aid – Aid for Military Families
- Foster Veterans Association
Looking for more scholarship opportunities? You can search the scholarship database prepared by the UW Office of Merit Scholarships, Fellowships, and Awards for scholarships open to graduate students. You can also read more about third party MBA scholarships on Accredited Schools Online.
Frequently Asked Questions
How much does the Full-Time MBA program cost?
The Full-Time MBA at the UW Foster School of Business is a tuition-based graduate program. For students starting in Autumn 2025, total tuition and fees range from $84,810 for Washington residents to $119,148 for non-residents, depending on residency status.
When are Full-Time MBA payments due?
Payments for the Full-Time MBA are due each academic quarter by the UW Tuition/Fee Assessment Deadline.
Can I use employer tuition reimbursement?
Some students in the Full-Time MBA may use employer education benefits, though this is less common than in part-time formats.
Are scholarships available?
Yes. The Full-Time MBA offers scholarships for qualified applicants, many of which are awarded during the admissions process.
Where can I learn about loans or other financing options?
See Financing Your Foster Graduate Degree for an overview of federal loans, private loans, and other financing options.
Contact
Program questions
Contact the Full-Time MBA Program team
Foster admissions and program staff can explain financing resources and processes but cannot provide individualized financial advice.
Financial aid questions
UW Office of Student Financial Aid
Phone: (206) 543-6101
Email: [email protected]