Tuition & Aid

Wisconsin residency for tuition purposes is determined prior to enrollment and remains constant for the duration of your program. Students who attended a Wisconsin high school and whose parents are residents of the state for the 12 months prior to enrollment may be considered a resident of the state for tuition purposes, even if the student does not currently live in the state. Exemptions also apply for candidates whose spouses transferred to the state for employment and for members of the military stationed in Wisconsin on active duty. More information regarding residency for tuition purposes is available from the Office of the Registrar.

Minnesota residents may be eligible for reduced tuition as participants in the Minnesota–Wisconsin Tuition Reciprocity Agreement.

Students certified under this agreement, although classified as nonresidents, are assessed the comparable instructional fees in effect at the University of Minnesota–Twin Cities campus, plus the segregated fees assessed to all UW–Madison graduate students. Contact the Minnesota Higher Education Services Office for a reciprocity application.

Students pursuing the joint JD/MBA degree will pay the combined Law Business Master’s tuition while Wisconsin Full-Time MBA Program students. For more information on the cost of tuition and segregated fees, visit the Bursar’s Office website.

The Wisconsin MBA program offers an annual global course for first- and second-year MBA students. This course includes travel to an international destination during winter break. Students interested in this course should budget $2,500–$3,000 for travel expenses. Students may take this course both years.

Courses taken during the summer term are charged on a per-credit basis plus segregated fees. Resident and nonresident rates apply.

For current tuition rates, see the tuition and fee rate schedule above.

International students on F-1 visas who participate in a paid internship during the summer term must pay for one graduate business master’s credit plus segregated fees.

For current tuition rates, see the tuition and fee rate schedule. For additional information on Curricular Practical Training, contact International Student Services.

As a University of Wisconsin–Madison student, you have the option to purchase health insurance through University Health Services. There are plans for one student, a student plus one, and a student plus family. International students are required to purchase health insurance through the Student Health Insurance Plan (SHIP). Other options for U.S. citizens and permanent residents are through the health insurance marketplace. Costs are based on the plan.

The Bursar’s Office has a breakdown of tuition payment due dates and types of accepted payment methods. The office also has information on your student account. Your student account is where you can view bills, manage payments, and complete other tasks.

To be considered for both loans and work study, students must first submit the Free Application for Federal Student Aid (FAFSA) to the University of Wisconsin–Madison by including our school code: 003895. Only U.S. citizens and eligible noncitizens may apply.

The Office of Student Financial Aid reviews FAFSAs and determines the types and amounts of financial aid eligibility.

Eligible graduate students can receive the Unsubsidized Federal Direct Loan and sometimes Federal Work-Study.

If funding above and beyond what is offered is needed, students can also apply for a GradPLUS Loan or other private loans.

Though there is no official deadline for applying for financial aid, students are encouraged to submit the application as early as possible to avoid a delay in the disbursement of funds.

Contact the Office of Student Financial Aid for more information.

International students are not eligible for federal student loans and should look to other options in their home country to assist with covering costs. Information about funding is available from  the University of Wisconsin–Madison’s International Student Services.

Students who are parents may be eligible for the University of Wisconsin–Madison’s Child Care Tuition Assistance Program to help cover the cost of child care. Visit the Office of Child Care and Family Resources for more information.

Many academic and administrative offices hire MBA students to work on departmental projects or assist with MBA recruiting. These positions are shared as early as August with all MBA students. Any student can apply and be considered for an hourly work assignment.

The UW Student Job Center lists part-time, limited-term employment, graduate assistant, and summer job openings at UW–Madison and in the private and public sectors. Many students work part time to help offset the costs of their graduate education.

You are automatically considered for scholarship when you apply to the full-time MBA.

Awards are based on a holistic review of your application. We evaluate your work and leadership experience, test scores (if submitted), undergraduate performance, and your admissions interview. We do our best to consider all of your qualifications so you can optimize the aid available to you.

For best consideration, apply as early as possible. View admissions deadlines.

The mission of the Consortium for Graduate Study in Management is to expand access and increase representation in business education and leadership for all individuals.

Each year, the Wisconsin Full-Time MBA Program provides several Consortium fellowships, which include a tuition award and a scholarship for the two-year program.

Dean’s scholarships are for outstanding students who support the mission of the University of Wisconsin–Madison and have been leaders at their undergraduate institution, in their careers, or in their community.

Students are evaluated based on their admissions profile, which includes work experience, test scores, undergraduate performance, leadership potential, and the admissions interview.

Students are considered for tuition awards and scholarships.

As a Forté sponsor school, Wisconsin is dedicated to supporting and advancing women in business. Forté’s mission is to increase gender equity in business.

Forté fellows receive financial support through scholarships or other merit aid for each of their two years as a full-time MBA student.

Incoming students who are part of/supportive of the LGBTQ community will be considered for merit-based aid through the ROMBA (Reaching Out MBA) Fellowship, which includes a scholarship and access to mentorship and leadership development programming.

The Wisconsin School of Business is committed to creating a diverse and inclusive community and will award scholarships to students who demonstrate their support and commitment to fostering an inclusive environment. Students are considered for tuition awards and scholarships.

Each year, the Wisconsin School of Business has a select number of Distinguished Graduate Fellowship awards for exceptional students who demonstrate leadership potential and have a strong admissions profile, which includes work experience, test scores, undergraduate performance, and the admissions interview.

The Distinguished Graduate Fellowship awards provide an estimated $24,545 stipend paid over nine months, a one-year full tuition award, and health insurance.

Students are considered for tuition awards as well as scholarships.