Financial Aid

Earning an MBA is truly an investment in yourself and your career. The cost of Mays Full-Time MBA is approximately $63,000 (based on 2020 entry), which makes our program among the most affordable in the United States. This investment pays rich dividends. Class of 2021 went on to earn on average $114,750 annually in their first jobs after graduation. In addition, the class received an average signing bonus of $17,700.

While you may choose to pay for graduate school yourself, there are many financial options to help support your education. Financial aid can include federal, state, institutional, and private sources that assist eligible students in funding their education. This support can be a combination of scholarships, grants, loans, waivers, and student employment. We encourage you to review information available from the Texas A&M University Office of Financial Aid for additional information.

Forms of financial aid include:

  • Student Loans – US Citizens and US Permanent Residents can apply for the Direct Unsubsidized Loan and the Federal Direct Graduate Plus Loan (GradPLUS). All students (including international students) can also explore options for alternative loans.
  • Resources for International Students – Texas A&M University’s Office of Financial Aid provides the TASFA if you are a legal Texas resident and the ISFAA for other international students. Questions about these opportunities should be directed to
  • Military Benefits – If you are a veteran, you will be eligible to use military benefits to finance your education. Learn more through the Veterans Services Office.
  • Texas Aggie Graduate Grant – Students who are Texas residents may be eligible for up to $3,000 per year through the Texas Aggie Graduate Grant. You must also complete the FAFSA/TASFA process to be considered.
  • Texas Public Education Grant – This need-based grant is awarded based on the FAFSA/TASFA application process.
  • Scholarships – Applicants are automatically reviewed during the admission process for merit-based scholarships based on academic achievements, professional accomplishments, and potential for success. Receiving a merit-based scholarship may allow a non-resident student to qualify for Texas resident tuition, which can result in savings of approximately $24,000 (based on 2019 entry) for the total cost of the program.
  • Fellowships – Texas A&M offers significant fellowships, such as the Graduate Diversity Fellowship (approximately $50,000 over a two-year period), for incoming graduate students who are United States citizens. Students who wish to be considered for fellowships must complete their applications to the Mays MBA program prior to January 25.

Mays Full-Time MBA program has a dedicated staff member, Program Coordinator Joanne Byrne, who can help with financial aid questions. You can reach her at or 979-862-7097.