Full-Time MBA

William and Mary Office of Financial Aid
Blow Memorial Hall
Room 218
Phone: 757-221-2420
Fax: 757-221-2515
www.wm.edu/financialaid
FinAid@wm.edu


U.S. Citizens: Entering MBA students submitting their FAFSA to the Department of Education before March 1 will be given first priority in determining loan eligibility.

International Students: Contact the William and Mary Office of Financial Aid for information about private loans for international students who have access to a qualified co-signer.

Types of Financial Aid

Students in the Full-time MBA program will find some financial resources made available through scholarships, graduate assistantships and student loans. Awards for new entering students are merit-based. These awards are made based on the information submitted in the student's completed application for admission. For students returning to the second year of the Full-time MBA program, consideration for scholarships and graduate assistantships is based on academic performance and contribution to the program during the first year of MBA studies. The MBA Admissions Office administers Mason School of Business scholarships and graduate assistantships, while the Office of Financial Aid administers a variety of student loan programs.

 

Scholarships

Scholarships are made possible through state and school funds, gifts and bequests and annual gifts from companies and organizations. Every new entering student is automatically considered for merit-based scholarships and no additional application is required. Joint-degree students are eligible for School of Business scholarships or graduate assistantships only for the year in which they are a first-year full-time MBA student.

 

Graduate Assistantships

Graduate Assistantships (GAs) offer students an excellent opportunity to work closely with a faculty member on valuable research or on projects with administrative units in the Mason School of Business. Some of these assistantships may permit out-of-state and international students to pay tuition at the in-state level, which is a substantial cost savings. A modest research stipend accompanies most assistantships. Assistantships are typically awarded only to students in the second year of the Full-time MBA program.

 

Student Loans

Many students utilize loans to finance a portion of their MBA education. Loan eligibility for U.S. Citizens and Permanent Residents is determined by the information provided on the Free Application for Federal Student Aid (FAFSA), which is submitted to the U.S. Department of Education.

International students interested in student loans should investigate private loan programs in their home countries as well as in the U.S. The College of William and Mary's Office of Financial Aid has information available on their website for private loans for international students who have access to a qualified co-signer.  
 
For more information about student loans including eligibility requirements, interest rates and fees and general application information, please contact the William and Mary Office of Financial Aid.