skip main site navigation go to current site section navigation

Financing Your Degree

We understand that cost of education is a large part of the college selection process. The McCombs School of Business ranks as one of the best buys for quality of education versus the cost. To assist in financing your education, the university offers opportunities for merit and merit/need-based scholarships to complement the over $500 million dollars of financial aid awarded to students every year.  In addition, the McCombs School of Business offers endowed and corporate scholarships for continuing students in the program making McCombs one of the best educational values in the nation.

Cost Comparison

Best Undergraduate Business Programs 2014 - Businessweek
Rank School Name School Type Program Length (yrs) Annual Tuition ($) Full-time Enrollment Median Starting Salary
1 Notre Dame (Mendoza)
Notre Dame, IN
Private 3 44,605 1,968 58,000
2 Virginia (McIntire)
Charlottesville, VA
Public 2 39,170 (out-of-state)
679 70,000
3 Cornell (Dyson)
Ithaca, N.Y.
Private 4 45,359 737
Boston College (Carroll)
Boston, MA
Washington U. (Olin)
St. Louis, MO
6 Texas (McCombs)
Austin, TX
Public 4 10,738 4,046 58,000
7 Pennsylvania (Wharton)
Philadelphia, PA
Private 4 45,890 2,502 70,000
8 Indiana (Kelley)
Indianapolis, IN
Public 4 33,550 (out-of-state) 5,001 55,000
Emory (Goizueta)
Atlanta, GA
742 60,000
N. Carolina (Kenan-Flagler)
Chapel Hill
Public 2 30,122 (out-of-state)  676 60,000
11 Wake Forest Private 2 44,742 538 56,000
12 Michigan - Ann Arbor (Ross) Ann Arbor, MI Public 3 41,268 (out-of-state) 1,421 65,000
13 Brigham Young (Marriott)
Salt Lake City, Utah
9,700 1,542 52,000
14 NYU (Stern)
New York, NY
Private 4 46,336 2,495 64,000
15 UC Berkley (Haas)
Berkley, CA
Public 2 36,086 (out-of-state) 717 62,000

Scholarships Overview

University-Wide Scholarships

The university has an application to fill out that makes you eligible for all scholarships offered by UT. Scholarship committees consider various factors to determine which scholarships to award to each individual.

McCombs School of Business Scholarships

In the Spring of your freshmen year, you are eligible to apply for scholarships offered by the business school. Like the university, the business school scholarships also have one application to fill out to make you eligible for all scholarships offered and awards are determined by a selection committee.

List of McCombs Endowed and Corporate Scholarships

Financial Aid

UT Austin awards $500 million a year in financial aid. Your very first step to apply for scholarships and financial aid is to fill out the Free Application for Federal Student Aid (FAFSA). All need-based financial aid is awarded based on your FAFSA information. Aid can come in many forms including grants, scholarships, work-study opportunities and loans.


The following tables are based on UT Austin's Cost of Attendance (COA) page. Please consult this page for the most up-to-date information.

Long Semester (Costs are per semester and assume that you enroll in full-time hours.)
 Tuition Books Room/Board Transportation Personal/
Total (Semester)
On Campus
5,369  409 4,623 481 1,177 12,659
On Campus
17.824 409 4,623 481 1,177 24,514

Non-Resident Information

Non-residents can be considered for scholarships through the university scholarship application.  Non-residents studying business also qualify for McCombs scholarships starting the Spring semester of their freshman year.  Please note, the McCombs School of Business does not award non-resident tuition exemptions to undergraduates.


 The requirements for establishing Texas residency can be complicated. Please visit the following links for more information.