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Funding your education
Tuition rates for both Resident and Non-resident students can be found here. MSBA students are also responsible for course fees of $400 each quarter.
*Subject to change by the UW Office of Budget & Planning and Board of Regents Review and Approvals, and to state tuition increase. Check here for additional details.
Scholarships for Full-Time Students
The Milgard School of Business awards scholarships to select MSBA students each academic year. Funding for these scholarships comes from a variety of contributions including the Milgard Endowment, local businesses, UW partners, and alumni. In the current academic year, the Milgard School of Business has awarded scholarships to 148 undergraduate and graduate students totaling approximately $438,000. Milgard scholarships are awarded to students based on academic achievement and leadership in organizations and the local community.
Want to learn more about funding resources?
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Funding Resources
Federal student loans are issued through the Department of Education and are available to U.S. citizens and permanent residents only. Qualified students may be eligible to borrow up to $20,500 per year through the Federal Stafford Direct Loan program. The FAFSA4caster is the Department of Education’s free calculator that gives you an early estimate of your financial aid award.
To apply for federal loans, you must file the Free Application for Federal Student Aid (FAFSA). UW’s federal financial aid code for the FAFSA is 003798. For the 2018-2019 year, the FAFSA will be available starting October 1 and the UW priority deadline for FAFSA has been moved to January 15. Summer quarter financial aid requests should be submitted by May. Learn more at the Office of Student Financial Aid at University of Washington.
For complete information, contact the UW Tacoma Office of Student Financial Aid (OSFA).
Office of Student Financial Aid
MAT 206; Campus Box 358400
1900 Commerce Street
Tacoma, WA 98402
uwtfa@uw.edu
253-692-4374
Private loans are another option to secure funds for your educational expenses. We strongly encourage qualified students to exhaust all federal loan options before applying for private loans. You are encouraged to conduct independent research and can borrow from any lender you prefer. There are resources available from the OSFA website to make an informed decision about alternative loan options.
Short-term loans may be available through the OSFA to assist students with temporary cash flow problems. Short-term loans are available only to students who are currently attending the university (loans cannot be processed between quarters). Please visit the OSFA short-term loan program webpage for details on eligibility requirements, maximum amounts and costs of borrowing, and repayment.
Non-U.S. citizens/permanent residents are not eligible to apply for U.S. federal financial aid. International students are encouraged to pursue private educational loans available from their home country. UW’s International Student Services office provides information on Financial Assistance for International Students. Additional resources are available at eduPASS and IEFA.
As a veteran, current active duty member, or a dependent of military personnel, you may be entitled to VA benefits to fund your education. These benefits may include funding for tuition and fees, housing, books, and meals. Connect with the UW Tacoma Veteran & Military Resource Center to learn more.
The UW Libraries provides resources for funding graduate studies. You can browse through their resources guide for possible opportunities.
The IRS provides both tax credits and deductions that may be taken to reduce the federal income tax burden for eligible students. Tax savings are dependent on your personal situation, and students should check with their personal accountant to determine whether their tuition payments qualify as a tax deduction. For detailed information on the education tax credits and eligibility, visit the UW Student Fiscal Services website.
Are you interested in transformative opportunities such as research, language study, service, mentorship, networking, or travel? Student Fellowships & Awards, within the Office of Global Affairs, is here to support engaged students in their applications to nationally competitive fellowships as well as some UW-wide opportunities. Not sure what a fellowship is? Find out at one of their upcoming info sessions.
The Process
Identifying, applying for, and securing funding is a long process. Students are often surprised that they need to start looking for funding at the same time, or even before, they apply to schools.
