MBA Financial Aid Information

Everyone's financial situation is different. At the University of Kansas School of Business, we are committed to helping you understand the options available to you for financing your MBA. From scholarships to employer assistance and government support, aspiring students have many available paths to an affordable investment in their futures.

Financial Aid Options

At the University of Kansas School of Business, there are several types of financial aid available to students: grants, scholarships and loans. To be eligible for any form of financial aid, prospective and current students must fill out a Free Application for Federal Student Aid (FAFSA). It is recommended that applicants file the FAFSA as early as possible for the upcoming school year (the priority date is usually December 1) so that they are eligible for the highest award possible.

Get details on each type of MBA financial aid below.


Grants are available from federal, state and university sources. They are typically awarded based on financial need and do not need to be repaid.


There are dozens of private, state and federal scholarships available to online MBA students. Scholarship eligibility requirements can vary according to background, accomplishments and abilities. International students may wish to pursue scholarships offered in their home countries as well.


Online MBA students may also apply for loans to cover their education costs. The Graduate Management Admission Council reports that MBA alumni typically recoup their business school investment in less than four years after graduation.1

Financial Aid for Veterans

Military veterans may use funding from the GI Bill to pay for the online MBA program, either alone or in combination with other forms of financial aid. There are also a number of veteran-specific scholarships, grants and fellowships available from other sources.

Employer Support for an MBA

In addition to applying for financial aid, check with your employer (if you're currently working) about what MBA reimbursement plans may be available to you. The Internal Revenue Service allows employers to deduct up to $5,250 a year for financing for job-related education, so you might be eligible for aid from your employer.2 Some companies even pay for full education costs for courses of study that relate directly to one's role.

Contact KU for Financial Aid Advice

Whether you want to stop by in person, give us a call or send us an email, the following offices are more than happy to answer any of your questions regarding financial aid for the online MBA.

KU Financial Aid & Scholarships

1502 Iowa St.
Lawrence, KS 66045
785-864-4700 (phone)
785-864-5469 (fax)

Office Hours
8 AM – 5 PM CT, Monday – Friday
Closed on all state holidays.

Office of the University Registrar

1450 Jayhawk Blvd, Rm 121/123 Strong Hall
Lawrence, KS 66045
785-864-4423 (phone)
785-864-5230 (fax)

Office Hours
8 AM – 5 PM CT, Monday – Friday
Closed on all state holidays.

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Application Deadline
January 5
Spring 2024 Term
Next Start
January 16
Spring 2024 Term

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