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
|
| 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.