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Home > Academic Programs > Professional MBA > Tuition & Financial Aid > Domestic process

DOMESTIC PROCESS

Our goal is to assist you in identifying sources of funding that will make an Olin MBA affordable for you. To apply for financial aid, start today by completing the following steps:

Federal Student Loans

1. Submit the 2013-14 online Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov. Submit as early as January 1 to be considered for aid for the upcoming academic year. This is the first step in applying for federal aid.

Fill out only the student portion of the FAFSA, not the parent portion.

You’ll need to complete a FAFSA for each academic year in which you require financial aid. Washington University’s School Code is: 002520.

2. Submit your Financial Assistance Application to:

Kyle Cronan, Associate Director of Graduate Business Financial Aid
Washington University St. Louis
Campus Box 1133
Simon Hall Room 114
1 Brookings Drive
St. Louis, MO 63130
Fax: 314-935-6309

3. Award Notification. Deposited students will receive an electronic notification that their financial aid award is available once their FAFSA & Institutional Application are reviewed.

The anticipated processing date for the incoming Spring semester PMBA program is December 15th provided all the proper documentation has been received. An additional 5 weeks processing time is required for items received after November 30th.

The anticipated processing date for the incoming Fall semester PMBA program is June 30th provided all the proper documentation has been received. Please allow at least 5 weeks processing time for items received after June 1st.

Returning students should receive a notification of their financial aid award by April 30th provided all the proper documentation has been received. Please allow at least 5 weeks processing time for items received after April 1st.

Once you have been notified that your award is available, please visit https://sfs.wustl.edu/Pages/default.aspx
Choose Current Students at the top of the page and log in using your WUSTL Key and password.
Select My Award and accept the amount of financial aid that you wish to receive for each of the terms listed.

4. Federal Loans. At the following link complete the items listed below: https://sfs.wustl.edu/Pages/Graduate-Loan-Requirements.aspx

Entering Students and 1st time Direct Loan borrowers:
A. Complete Loan Entrance Counseling.
B.Complete the following two Promissory Notes:
i). Subsidized/ Unsubsidized Master Promissory Note.
ii). Graduate PLUS Master Promissory Note (if awarded a PLUS loan).
C.Start the PLUS Application Process (if awarded a PLUS loan).

Returning Students:
A. Verify that a Subsidized/Unsubsidized and applicable Graduate PLUS Master Promissory Note has been completed.
B. Start the PLUS Application Process.
For additional guidance on completing these online forms, please see the attached Instructions Document. (PDF)

5. My Checklist. To verify that we have received all the documents current needed to process your financial aid, please visit https://sfs.wustl.edu/Pages/default.aspx
Choose Current Students at the top of the page and log in using your WUSTL Key and password. Select My Checklist and verify that all the required documents have been received.

Note: It can take up to 3-4 business days for Washington University to receive confirmation of completed Entrance Counseling, Loan Applications and Promissory Notes.

6. Submit Title IV Authorization form.

Alternative Loans
Students interested in taking alternative loans rather than the Federal loan options will need to go directly to the lenders website to submit their application. Depending on the lender that is selected, students using an alternative loan can usually begin their application process 60 days prior to the start of Mini-term A. A sample list of lenders can be found at the following link: http://www.studentlendinganalytics.com/alternative_loan_options.html.

The loan period listed on your application should be one of the following:

Summer only- May through August | Fall/Spring – August through April | Fall only- August through December | Spring only- January through April

Employer Tuition Reimbursement:
Many employers provide full-or-partial tuition assistance to employees who are pursuing degrees part-time. You should contact the Human Resource Department in your organization for specifics about what benefits they offer. Be aware, however, that there may be some tax consequences associated with employer-paid tuition benefits.