There are many options available to students to help fund an MBA education, ranging from scholarships to part-time jobs, fellowships, and federal and personal loans.
Available funding is a key factor to consider when choosing your MBA program. Compared with other top 30 programs, Fisher has ensured that it offers a very competitive package. The consistently strong job offerings our graduates secure are a favorable return on the investment in earning a Fisher MBA degree. For many years running, more than 90 percent of Fisher MBA graduates have secured jobs within three months after graduation.
Merit-Based Aid / Scholarships
On average, 75% of our full-time MBA students receive some form of merit-based funding, consisting of scholarships, graduate assistantships, and/or fellowships. Every admitted student is automatically reviewed for funding consideration. Candidates who submit applications early are given priority consideration for awards.
Fisher Scholarships: All Full-Time MBA applicants are considered for merit-based awards, ranging in value from $1,500 to the full cost of tuition. While some of these scholarships may require particular qualifications, such as prior academic performance or work experience, several scholarships are free of stipulations. These awards will be assigned based on a candidate’s potential to contribute to the classroom experience.
Just a few scholarship opportunities at Fisher:
Exclusive academic awards and professional development grants
Cost of Living Scholarships: A limited number of incoming MBA candidates may be eligible to receive a cost of living scholarship to assist with the non-academic expenses you will incur as students in the MBA program. This scholarship counts as a financial resource but does not get applied towards tuition - it is paid directly to the student once tuition has been paid.
Fisher Graduate Assistantships
Each year Fisher awards approximately 20 new graduate assistantships to the incoming MBA class. Graduate Assistants are selected for placement based upon their skills and interests, and how those align with program needs. The MBA Admissions Committee will use your application and interview to determine whether you will be awarded a GA position. They typically involve a 10-hour per week work schedule, which translates into a 50 percent tuition waiver as well as a monthly stipend during the academic school year.
Ohio State Fellowships
Fisher College of Business nominates its strongest MBA candidates for The Ohio State University’s fellowship programs. These fellowships provide a full waiver of tuition and general fees, plus a monthly stipend (for one year). The application deadlines for fellowship nominations are much earlier than all other application deadlines. Apply early if you wish to be considered for nomination.
Fisher Fellows: A select number of highly qualified candidates will be identified as Fisher Fellows. Fellows are typically awarded a 50 percent tuition waiver and a monthly stipend during the academic school year, although extraordinary candidates may qualify for 100 percent tuition. Fellows are among the most competitive awards given to incoming MBA students and are therefore chosen carefully on the basis of outstanding academic, professional, and personal achievement, as well as potential for success in the MBA program.
Graduate Enrichment Fellowships: U.S. citizens who can add to the diversity of the Graduate School (including, but not limited to ethnic background, social or economic disadvantage or disability), have a minimum cumulative undergraduate grade point average of 3.2 (on a 4.0 scale) and score in the 40th percentile on the GMAT or GRE may be considered for nomination to the Graduate Enrichment Fellowship competition. Watch our Graduate Enrichment Fellowship webinar to learn more >
The total cost of enrollment in the Fisher full-time MBA program is determined by the student's residency status. Approximate tuition and fees are based on the 20192020 academic year and are subject to change. To view the Registrar's complete tuition and fee schedule, please click here.
Ohio Resident Tuition and Fees*
Non-Resident and International Student Tuition and Fees*
*Includes the following: General Tuition & Instruction, Student Activity Fee, Student Union Fee, Recreation Fee, Learning-Technology Fee, COTA Bus Fee.
If a student graduated from an Ohio high school and will be a resident of Ohio as of the first day of the term attending, a student will be considered an Ohio resident whether they lived in Ohio prior to the beginning of the term or not. Learn more >
After living in Ohio for at least 12 consecutive months, Non-Ohio residents can apply for Ohio residency if they meet specific guidelines for residency. Learn more >
Military applicants will automatically qualify for in-state tuition under the Ohio G.I. Promise. Fisher takes a deliberate approach to recruiting highly-qualified military service men and women. Learn more >
Federal Stafford Loan: The Federal Stafford Student Loan program is divided into two types: subsidized and unsubsidized. The maximum amount a student can borrow in one academic year is $18,500.
Subsidized Portion: Based on financial need. The federal government pays interest on the subsidized portion, while the student is in school at least half time and for six months after the student leaves school. The maximum subsidized loan is $8,500.
Unsubsidized Portion: Not based on financial need. Interest begins to accrue on the loan when the funds are disbursed to the student. The maximum unsubsidized loan amount is $18,500 minus any subsidized amounts.
Federal Perkins Loan: Funds for the Federal Perkins Loan program are provided by the federal government, and are limited to full-time second year students only. Students may be eligible to borrow up to $6,000 in one year. The loan is based on financial need and is designated for exceptionally needy students. No interest accrues on the loan while the student is enrolled.
Direct PLUS Loan: Federal Direct Graduate PLUS Loan is a federal loan available to graduate and professional students based on educational costs. This loan, in combination with other aid, cannot exceed educational costs as determined by Ohio State.
Alternative Loans: Credit-based loans funded by various lenders. These funds are often used to supplement the Federal Stafford loan program. Interest rates vary, are adjusted quarterly, and are higher than the federal loan program. Repayment of principle and interest begins six months after leaving school. Students with adverse credit standing will be required to have a cosigner.