Full-Time Formats: Financial Aid

Many sources of financial aid exist to help you invest in your educational and career goals. Merit-based scholarships, Federal Direct Stafford Loans (subsidized and unsubsidized), Federal Direct Graduate PLUS Loans, private credit-based educational loans, graduate assistantships and campus work programs are available to eligible students.

Educational Loans
Loans provide students the opportunity to cover their educational, living and personal expenses while completing their MBA. Loans make it possible for students to invest in a future of expanded career opportunities and increased earning power. Loans are also the most common source of financial assistance for MBA students.

Most U.S. citizens and permanent residents will be eligible to fully cover estimated expenses through the Federal Direct Stafford Loan programs and the Federal Direct Graduate PLUS Loan program. {learn more}

International students may be eligible for private credit-based educational loans. {learn more}

Merit-based Scholarships
One of the ways the Atkinson School and Willamette University exemplify the University motto of “Not unto ourselves alone are we born” is by providing a merit-based scholarship program. We invest our financial resources – as well as our knowledge, time and energy - to help MBA students meet their educational and professional goals.

Merit-based scholarships range from 10% to 100% of tuition. All applicants admitted to a full-time format of the Willamette MBA program are automatically considered for merit-based scholarships based on GMAT or GRE score, undergraduate grade point average, experience and potential. Applicants interested in maximum consideration for scholarship assistance are urged to complete the application process as soon as possible. Approximately 50% of students enrolled in one of the full-time formats of the Willamette MBA receive merit-based scholarship assistance. {learn more}

Graduate Assistantships and Student Employment
Assistantships provide the opportunity to work a few hours a week for a professor or staff member at an hourly wage of $10 per hour while attending the MBA program. {learn more}

Internet Resources
Great Internet resources for financial aid information include the Smart Student Guide to Financial Aid and FastWEB - the Internet's largest scholarship search database. International students will find the following sites helpful : Education USA , EduPass and International Education Financial Aid.

Monthly Payment Plan
Willamette offers a deferred payment program through a third party company known as Tuition Management Systems (TMS). This interest-free payment plan offers students a program through which educational expenses for the year can be spread out over 8, 10 or 12 months. This monthly payment plan option has a $75 application fee for the year. Under this plan you divide your net expenses for the entire year by 8, 10 or 12 to determine your monthly payment. Please visit the TMS website at http://www.afford.com.

Questions?
Willamette University financial aid personnel and the Willamette MBA admission staff are available to help you with your questions. Contact the financial aid office at gradaid@willamette.edu or call 877-542-2787.
Contact the MBA admission office at mba-admission@willamette.edu or call 503-370-6167.