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Program Fees and Financing – MSBA

The total program fee for the 12-month MSBA Program is $41,400 for residents and $52,400 for non-residents. The charts below outline estimated fees and estimated total program cost. Fees are paid quarterly and are due by the Tuition/Fee Assessment Deadline. Admitted students are required to pay a $1,500 non-refundable and non-transferable tuition deposit. This deposit is applied to your summer quarter tuition balance. Details of how to pay tuition are available on the Tuition Payment website.

Admitted international applicants are required to show proof of adequate financial support. Details about this financial ability requirement can be found on the Graduate School’s website.

Quarterly Program Fee Quarterly University Fees1 Number of Enrolled Quarters Total Program Cost
Resident: $10,350 $365 4 $42,860
Non-resident: $13,100 $365 4 $53,860
Other Estimated Expenses2 for 2020-2021 12 Month Estimate
Room and Board $23,088
Books and Supplies $1,100
Local Transportation $1,760
Personal Expenses $3,088
Health Insurance3 $1,925

1Fee amount shown is based on the 2020-21 year and is subject to change. (Office of Planning and Budgeting)
2Average living expenses are calculated from the 2020-21 Office of Student Financial Aid (OSFA) Student Budgets.
3All matriculated international students in F-1 or J-1 status are required to purchase. See details on the ISHIP website.

For a complete summary of tuition charges and associated fees, visit the University’s Tuition Overview.

Financing your MSBA

Foster MSBA students may finance their education through a combination of personal funds, educational loans, scholarships and employer tuition benefits.

Federal Student Loans are issued through the Department of Education and are available to US Citizens and US Permanent Residents only. Other eligibility requirements apply. MSBA students are typically eligible for two types of Federal Loans:

  • Direct Unsubsidized Loans have a maximum disbursement of $20,500 per year. Loan eligibility is not need-based.
  • Direct Graduate 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 and is subject to credit approval.

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 MSBA 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.

MSBA students may qualify to borrow additional funds through private lending institutions. Loan terms vary widely between lenders and loan programs, and students must apply directly with the lending institution. There are resources available from the OSFA website to make an informed decision about alternative loan options.

Non-U.S. Citizens/Permanent Residents are not eligible to apply for U.S. federal financial aid. International students are encouraged to pursue private educational loans available from their home country. UW’s International Student Services office provides information on Financial Assistance for International Students. Additional resources are available at eduPASS and IEFA.

Each year the MSBA Program awards a limited number of partial scholarships to admitted MSBA applicants. All applicants are considered for merit-based scholarships upon application to the Foster MSBA Program. If you’ve been awarded a scholarship, you’ll receive the notification and amount in your offer letter.

We encourage students to apply for outside (private) scholarships. FastWeb, Scholarships.com, and other scholarship search engine sites are a good place to begin researching scholarship opportunities.

Some students may be eligible for tuition reimbursement through their employers. To learn more about third-party sponsorship and the payment process, please view the information on Student Fiscal Services.

As a veteran, current active duty member, or a dependent of military personnel, you may be entitled to VA benefits to fund your education. These benefits may include funding for tuition and fees, housing, books, and meals. For more information on financing your MSBA through VA funding, please visit the UW Veteran’s Center.

Military Benefit Resource Links

Talk to a current MSBA student ambassador with a military background to get to know the program and find answers to any questions you might have.

The UW Libraries provides resources for funding graduate studies. You can browse through their resource guide for possible opportunities.

The IRS provides both tax credits and deductions that may be taken to reduce the federal income tax burden for eligible students. Tax savings are dependent on your personal situation, and students should check with their personal accountant to determine whether their tuition payments qualify as a tax deduction. For detailed information on the education tax credits and eligibility, visit the UW Student Fiscal Services website.

As a fee-based program, MSBA students (resident and non-resident) are not eligible for tuition exemption programs. This includes Graduate Tuition Waiver, Graduate University Grant, Husky Promise, UWPCE, or other institutional tuition waivers. For additional information, see the fee-based program FAQs.