We recognize that pursuing an MBA is a big investment in your future. To make that future attainable and that investment a strong one, UT Austin awards financial assistance to many Texas MBA students to help cover tuition and living costs.
Loans and Other Options
Education loans are only one of the many possible sources of funds to cover the cost of your MBA education. In today’s economic climate, students need to think carefully before taking on debt and seek to use alternative funding sources as much as possible.
If you're a U.S. citizen or permanent resident, you'll likely be eligible for federal student loans. To determine your eligibility, you must complete a Free Application for Federal Student Aid (FAFSA). The FAFSA is available October 1 of each year and it is recommended that you have your FAFSA completed at least by June 1.
Once your FAFSA has been successfully processed, you may be offered federal loans.
If you choose to pursue a private loan, we recommend applying no sooner than a few months before you start the program. Most private loans are credit-based and the approval decision may expire. Check with your lender about the length of time your application will remain valid before you apply.
If you have any questions, feel free to contact us at FinancialAid@mccombs.utexas.edu.
For International Students
For an international student, there may be loan options. Better loan terms may apply if you have a U.S. citizen or permanent resident co-signer. We are not able to recommend any lenders specifically, but we will work with all banks and lending institutions.
We, as the University of Texas at Austin, cannot be your co-signer.
The McCombs School of Business offers a select number of Admissions Recruiting Awards to students in the Texas MBA at Houston Program. All applicants are automatically considered for Admissions Recruiting Awards as part of the application review process. These scholarships will be awarded based on merit (strength of the admission application), as well as need.* Scholarships could be up to $10,000 total, split evenly across each semester of the program. Scholarships require that students remain in good academic standing and are fully employed. Scholarship availability, eligibility, and awards are subject to change without notice.
*While a separate application is not required for Admissions Recruiting Awards, applicants should submit the FAFSA as soon as possible after it becomes available in October 2018, for need to be considered in the award process.
The McCombs School of Business welcomes veterans, active duty members and their families. If you have questions, please review our benefits information, or contact the Student Veteran Services Office at the University.