Olin's Assistant Director of Graduate Business Financial Aid is available to counsel you on your financial aid questions.
Cost for the 20-month program for students entering Class 36 in April, 2010 is $93,600. Meals, textbooks, tutoring assistance, study materials, parking and lodging for
GO! Week Orientation are included in the tuition. Airfare and lodging costs for the international trip, which takes place in October 2011, are the responsibility of each student. Although not required, students who wish to stay on campus at the
Knight Center during regular class weekends have access to lodging packages at a discounted rate.
Upon receiving an offer of admission into the Executive MBA Program, students are asked to submit a $2,500 nonrefundable deposit to secure a place in the class. Tuition is payable in five installments of $18,720 and the first invoice will be issued in April 2010. The deposit will be applied to the first tuition installment. Payments received by Washington University after the specified due date are subject to a late-payment fee.
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Payment Cycle
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Tuition Amount
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Tuition Payment Due:
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Deposit Fee
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$2,500
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Upon admission
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Payment #1
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$16,220
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May 25, 2010
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Payment #2
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$18,720
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October 25, 2010
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Payment #3
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$18,720
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January 25, 2011
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Payment #4
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$18720
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May 25, 2011
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Payment #5
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$18,720
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October 25, 2011
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We provide a comprehensive financial aid program to assist you as you take the next step in your career. Some Executive MBA students receive full or partial financial support from their organizations, but many do not and student loans may be available for those who do not receive full financial support. Financial aid comes from a variety of sources, including the federal government, public and private sources, and Washington University. These resources may be available to students regardless of income and assets. Your need for financial aid has no bearing on an admissions decision.
- Apply for financial aid early in the application process. Do not assume that you will not be eligible for financial aid.
- Your eligibility for a particular form of financial aid is determined by a variety of factors including your citizenship status and the program in which you intend to enroll.
The first step in the financial aid process is to complete the Free Application for Federal Student Aid (FAFSA). The Free Application for Federal Student Aid (FAFSA) is a federal form used by virtually all colleges and universities for awarding student aid. To complete the FAFSA, visit www.fasfa.gov. The Olin Business School requires that you fill out this form to be eligible for financial services.
Need-based and non-need-based loans are available to students who request assistance in meeting the cost of a graduate education. These programs are available to students regardless of income and assets and include aid such as the subsidized and unsubsidized Stafford loans and various alternative loans. Grants are generally not available for Executive MBA candidates.
In addition, Washington University offers a monthly payment plan that allows students to spread all or part of a single academic year's expenses over nine or ten equal monthly payments. This payment plan can be combined with any of the low-interest financing options. There is an annual $65 enrollment fee that includes tuition protection insurance coverage. For additional details please visit the Student Financial Services Web site.
Olin offers a limited number of supplemental scholarships to offset the cost of tuition for students working for nonprofit organizations. This scholarship is not only an investment in our community, but creates a great learning opportunity in class between students representing corporate and nonprofit organizations. To qualify for consideration, candidates must be admitted applicants to the Executive MBA Program and be employed for a documented NPO, excluding postsecondary educational institutions. In addition, candidates must submit a federal Free Application for Federal Student Aid (FAFSA) and provide a document that explains the purpose and mission of the nonprofit organization. For additional information and details, please contact Debra Williams at 314-935-8079.
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