If you are a U.S. citizen or permanent resident, you will likely be eligible for federal student loans.

To determine your eligibility, you must complete the Free Application for Federal Student Aid (FAFSA). The FAFSA is available on October 1 of each year, and we recommend you fill out your FAFSA by January 15 prior to your enrollment, if possible.

Once your FAFSA has been successfully processed, you will be offered enough federal loans up to the estimated Cost of Attendance (COA) for full-time students at 15 hours per semester. Additional loans can then be requested to help cover living costs and other educational expenses not already included in your program costs, which you can request by emailing the McCombs Financial Aid team.

You can check the status of your FAFSA after it has been submitted by visiting the ‘Status/Requirements’ page in your Check Aid Status Here (CASH) portal. The Financial Aid team will begin packaging McCombs students’ financial aid in late May/early June for the upcoming aid year. If you do not receive a Financial Aid Notification (FAN) by the end of June, please contact us at FinancialAid@mccombs.utexas.edu.

If you choose to pursue a private loan, we recommend applying no sooner than a few months before the start of your program. Ethically, we cannot recommend a lender; you must do research to find lenders who meet your needs. 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.

When applying, you must use loan periods that match what is used by The Office of Scholarships and Financial Aid (OSFA) for processing loans. If your lender provides pre-selected loan periods, we recommend you contact the lender to get the loan periods on your application updated to match what UT Austin uses.

You can opt to apply for each semester individually, but you can also group fall and spring together as fall/spring. Summer loans require a separate application and cannot be grouped with any other semester. For example, you cannot have any of the following combinations: summer/fall, spring/summer, summer/fall/spring, or fall/spring/summer.

Please use the following loan periods as needed during your time in the program.

Please note: academic years (i.e. fall and spring) cannot be grouped together, so you will have to apply for each year separately. Please use the following loan periods as needed based on when your program begins and ends.

• Summer 2026: 6/4/26 – 1/9/27
• Fall 2026: 8/18/26 – 1/9/27
• Spring 2027: 1/11/27 – 6/2/27
• Fall 2026/Spring 2027: 8/18/26 – 6/2/27

If you have questions about the loan itself, contact your lender.

If you have an issue with the processing of your private loan, please email us at FinancialAid@mccombs.utexas.edu and include your UT EID and program in your email.

There are some loan options available for international students. More favorable loan terms may be available if you have a U.S. citizen or permanent resident as a co-signer. There are a few lenders that do not require a U.S. co-signer for approval, but the loan terms are typically less preferable.

The University of Texas at Austin cannot co-sign on any loans, and as a public institution, we are unable to recommend any specific lenders. We advise searching online and speaking to current students or alumni to see what options may be available for your. Once you choose a lender, we are able to work with all banks and lending institutions to process your loan.

All applicants are automatically considered for scholarship opportunities. McCombs offers recruiting scholarships in the form of cash awards and tuition waivers.

MSTC awards a limited number of merit scholarships each year to admitted students whose academic and professional records stand out. These are competitive awards based on academic and professional excellence and contribution potential.

There is no separate application. Every admitted student is considered during the admissions review, and any merit scholarship is included with the admission offer.

The review looks across a student’s full file. It considers academic and analytical preparation, professional and technology experience, leadership and career trajectory, communication, fit with the program and its goals, and the contribution the student is positioned to make to the MSTC community. Not every admitted student will receive a merit scholarship, and award amounts vary. The factors considered, and their emphasis, may vary from year to year.

Merit scholarships are separate from the George Kozmetsky Memorial Scholarship, and admitted students may be considered for both. Students pursue the Kozmetsky scholarship by submitting a letter after securing their seat.

In honor of Dr. George Kozmetsky, founder of the IC2 Institute where the MSTC program began in 1995, the McCombs School of Business created the George Kozmetsky Memorial Scholarship to recognize admitted students who are experienced technology professionals. Incoming students may align their letter with one of three categories, Entrepreneur, Corporate Innovator, or Technology Transfer.

Multiple scholarships will be awarded, each worth up to $10,000.

Recipients and award amounts are determined through a holistic review of each student’s professional experience and accomplishments in areas that touch technology commercialization, the clarity and insight of their letter, and the contribution they are positioned to make to the MSTC community and the McCombs brand.

To be considered, students must secure their seat in the program and submit an application letter  TexasMSTC@mccombs.utexas.edu by the February 1 deadline. The letter should address three points.

1. How earning the McCombs MSTC degree would benefit your technology commercialization initiatives.

2. How you can help strengthen the MSTC alumni community and the McCombs School of Business brand, within your chosen category or more broadly if you do not select one.

3. What this scholarship would make possible for you, in the program and beyond. Sharing financial context is optional.

The factors considered, and their emphasis, may vary from year to year. Awards are distributed evenly across the three Texas McCombs MSTC program semesters and apply to the academic year of admission. Recipients must remain in good academic standing.

Submitting a letter does not guarantee an award. If you have any questions, please reach out to TexasMSTC@mccombs.utexas.edu.

Many private organizations offer scholarships to graduate students based on different criteria, including Salle Mae Graduate School Scholarship Search.