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Undergraduate Business Scholarships

2023-2024 Scholarship application is closed. 2024-2025 Scholarship application will open on February 16, 2024.

Apply here now

Who Can Apply

  • Current undergraduates in the Foster business major.
  • Current UW students who are applying to the Foster School for autumn admissions.
  • Transfer students who have applied to both the UW and the Foster School for autumn admissions.

Note: The following timeline is for current UW students and prospective transfer students. If you are a prospective Freshmen Direct Student applying for the 2023-2024 school year, please visit the Freshman Direct Program page for appropriate scholarship information and deadlines.


  • Application opens on February 16th
  • Application deadline May 15th, 2024 at 11:59 PM PST
  • Review Period May- June
  • Decisions will go out by the end of June

Scholarship Eligibility Requirements

  • Must be a full-time undergraduate in the business major at Foster School of Business.
  • Must average 12 credits per quarter over at least 2 quarters during the awarding year.
  • If you plan to study abroad, you must be concurrently enrolled at the UW to be eligible for scholarships.

Types of Awards

  • Need: The majority of scholarships consider a student’s merit and financial need in determining eligibility for awards. You must be eligible for Financial Aid and have submitted a FAFSA or WASFA to be considered for these awards.
  • Educational Opportunity Program (EOP): There are a number of scholarships that take into consideration affiliation with the UW Educational Opportunity Program. If you are not affiliated, contact the EOP Counseling Center in Mary Gates Hall 133 or at 206.543.7132.
  • Merit: There are limited scholarships that are awarded based on academic merit with no requirement for financial need. In some cases international students who have been admitted to the Foster School are eligible for these merit scholarships.

Scholarships Are Awarded Yearly

Most scholarships are for one academic year. If you received a scholarship last year, you will need to apply again unless your scholarship letter indicated it was a renewable award. If you miss the deadline, you cannot apply again until the following academic year.

Financial Need

To qualify for a need-based scholarship you must file a Free Application for Federal Student Aid (FAFSA) with the Federal Student Aid Program or a Washington Application for State Financial Aid (WASFA) with The Washington Student Achievement Council.
We recommend filing the FAFSA and WASFA by UW priority deadline of January 15th, to receive timely information for scholarship purposes.
If you miss the January deadline, we still encourage you to submit a FAFSA and WASFA, as these are sometimes accepted past the deadline.
Most scholarships are awarded to students who can demonstrate financial need. For this reason, all students should consider applying for UW Financial Aid, even if you do not think that you will be eligible. The scholarship committee uses the FAFSA and WASFA information to assist with selections even if it is determined that you are not eligible for support by the UW Financial Aid Office.

Email: [email protected]