BBA | Prospective

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

U.S. News Report 2010
Rank School Name School Type Program Length(yrs) Annual Costs ($) Full-time Enrollment Median Starting Salary
1 Pennsylvania (Wharton)
Philadelphia
Private 4 51,944 2,560 60,000
2 MIT (Sloan)
Cambridge, Mass.
Private 4 49,142 190 62,000
2 UC Berkeley (Haas)
Berkeley, Calif.
Public 2 48,358 653 55,000
4 Michigan (Ross)
Ann Arbor
Public 3 43,861 1,074 59,000
5 NYU (Stern)
New York
Private 4 51,991 2,389 59,800
6 N. Carolina (Kenan-Flagler)
Chapel Hill
Public 2 31,260 693 55,000
6 Texas (McCombs)
Austin
Public 4 16,444 3,914 54,000
6 Virginia (McIntire)
Charlottesville
Public 2 40,090 662 55,500
9 Carnegie Mellon (Tepper)
Pittsburgh
Private 4 52,250 385 60,000
10 Cornell
Ithaca, N.Y.
Private 4 52,316 692 55,000
10 USC (Marshall)
Los Angeles
Private 4 50,028 3,538 55,000
12 Indiana (Kelley)
Bloomington
Public 4 35,800 4,839 51,000
13 Wisconsin
Madison
Public 3 31,103 1,705 50,000
13 Illinois
Urbana-Champaign
Public 4 42,242 2,828 54,000
13 Emory (Goizueta)
Atlanta
Private 2 48,396 652 53,000
16 Ohio State (Fisher)
Columbus
Public 2 34,978 3,904 46,000
16 Maryland (Smith)
College Park
Public 4 33,365 2,950 51,000
16 Minnesota (Carlson)
Minneapolis
Public 4 22,822 2,066 52,000
16 Notre Dame (Mendoza)
Notre Dame, Ind.
Private 3 50,790 1,750 55,000
16 Washington U. (Olin)
St. Louis
Private 4 51,918 703 57,000

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.

Costs

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/
Misc.
Total (Semester)
Resident
On Campus
5,369  409 4,623 481 1,177 12,659
Non-Resident
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.

Residency

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

 

 

Page last updated: 5/15/2013