Funding Opportunities
Assistantships/Financial Aid
Many of our MBA students receive full assistantships covering tuition, fees, comprehensive health and dental insurance and providing a stipend. Estimated cost for the program for those with an Assistantship for two years, based on 2008-2009, is approximately $3,000. Graduate Student Assistants for the 2008-2009 academic year receive an annual stipend totaling approximately $7,200.
Fellowships and scholarships for academic achievement and entrepreneurial potential are also awarded to extraordinary candidates. (recent assistantship examples)
Additional Financial Aid is available to graduate students through the Graduate Financial Aid Office. Please visit the Graduate Financial Aid website for more information.
Estimated Total Program Costs*
Based on 2 years, 55 credits
| In-State Resident | Without Assistantship |
With Assistantship |
| Tuition | $ 6,050.00 | Waived |
| Curriculum Fee | 11,806.00 | Waived |
| Service Fee | 2,218.00 | $2,218.00 |
| Grad Senate Tax | 200.00 | 200.00 |
| Mandatory Health Fee (95% Reduction with Assistantship) |
1,308.00 | 65.40 |
| Optional Health Insurance (95% Reduction with Assistantship) |
4,644.00 | 232.20 |
| One-Time Grad Entering Fee | 332.00 | 332.00 |
| Total | $26,558.00 | $3,047.60 |
Value of Assistantship on Tuition and Fees |
$23,510.40 | |
| Plus a 2 year stipend (appx.) | 14,400.00 | |
| Grand Total Value |
$37,910.40 | |
| Out-of-State Resident | Without Assistantship |
With Assistantship |
| Tuition | $22,770.00 | Waived |
| Curriculum Fee | 17,216.00 | Waived |
| Service Fee | 2,218.00 | $2,218.00 |
| Grad Senate Tax | 200.00 | 200.00 |
| Mandatory Health Fee (95% Reduction with Assistantship) |
1,308.00 | 65.40 |
| Optional Health Insurance (95% Reduction with Assistantship) |
4,644.00 | 232.20 |
| One-Time Grad Entering Fee | 332.00 | 332.00 |
| Total | $48,688.00 | $3,047.60 |
Value of Assistantship on Tuition and Fees |
$45,640.40 | |
| Plus a 2 year stipend (appx.) | 14,400.00 | |
| Grand Total Value |
$60,040.40 | |
* These amounts are based upon 2008/2009 Tuition and Fee rates and their value may be higher once 2009/2010 rates are confirmed late May, early June.
* Tuition and fees are calculated for a graduate student carrying 9 or more credits per semester. Tuition and some fees are prorated for fewer than 9 credits.
Sample Assistantships
- Isenberg Scholars: Each year the Isenberg School awards more than seven Eugene M. Isenberg scholars, who combine science, management, and technology in their graduate studies. The Isenberg Scholars exemplify Mr. Isenberg's vision of exceptional students who thrive in an interdisciplinary university environment.
- Gaunt Scholars: An active member of the Isenberg School of Management Business Advisory Council (BAC), Mr. David Gaunt provides full-assistantship support to four MBA students each year. To receive a Gaunt Scholarship, applicants must demonstrate significant academic achievement and interest in finance and entrepreneurship.
- Flavin Fellowships: Flavin Fellowships are awarded to students on the basis of strong academic ability as well as demonstrated entrepreneurial interest. Flavin Fellows work with Professor James Theroux, the award winning Flavin Professor of Entrepreneurship.
- Center for Student Business: This two year assistantship is designed to provide MBA students with practical experience managing a group of undergraduate business consultants at the UMass Center for Student Business well as provide supervision and guidance to nine student run businesses.
- For more information on Graduate Assistantship Policies and Procedures, please visit Graduate Assistantship Policies and Procedures.
