University of Texas at Austin
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Tuition and Financial Aid

McCombs School of Business McCombs School of Business

Program Costs

The table below provides program cost information for the MBA at Houston class entering in August 2021. For students beginning the program in future years, tuition is typically expected to increase 3-5% each year. Returning students will not experience a rate increase or change. Your tuition will remain the same for your entire time in the program.

MBA at Houston Class of 2023 (entering August 2021) 
Program Installments per Semester  Cost
 Fall 2021  $23,985
 Spring 2022  $23,985
 Summer 2022  $23,985
 Fall 2022  $23,985
 Spring 2023  $23,985

A non-refundable $2,000 deposit is required once you accept our offer of admission in order to secure a seat in the program, and is credited toward your first semester’s program costs. Payments for each semester's tuition and fees are due approximately six weeks before each semester begins. 

Cost of attendance ensures access to top-rated McCombs School of Business' resources for working professionals and world-class faculty. Our program is delivered in a format that enables you to maintain full-time employment while pursuing your degree. The total program cost includes:

  • Program tuition and registration fees
  • All digital case studies and articles (Students are responsible for the purchase of textbooks)
  • Austin Intensive lodging and most meals
  • Meals during class weekends in Houston (Friday dinner, Saturday breakfast & lunch)
  • Lodging at Hotel ZaZa for the Friday night on class weekends in Houston for the first semester
  • Foreign health insurance, lodging, and most meals during the global residency
  • Access to career management advisors and recruiting events
  • MBA+ consulting projects, workshops, and up to 8 hours of personal executive coaching per year
  • Guest speaker series
  • Full access to the McCombs alumni network with over 100,000 members

Return on Investment

Your degree starts paying dividends immediately. In fact, U.S. News and World Report named the Texas MBA Program the 7th-best part-time MBA program in the country—in large part because of how quickly and effectively you’ll advance in your career during school and after graduation.

MBA Career Management

Contact Us

For financial aid inquiries, contact MBA Financial Aid.

For cost, veteran benefits, and billing inquiries, contact Student Billing.

For recruiting scholarship inquiries, contact MBA Admissions.

Financial Aid

We recognize that pursuing higher education is a big investment in your future. To make that future attainable and that investment a strong one, UT Austin awards financial assistance to many students to help cover tuition and living costs.

Texas McCombs MBA students have their own financial aid team to assist in the process of securing funding. Instead of reaching out to Texas One Stop or the Office of Financial Aid and Scholarships, please instead reach out to your dedicated McCombs Financial Aid Team with all of your financial aid questions.

Loans and Other Options

Education loans are only one of the many possible sources of funds to cover the cost of your MBA education. In today’s economic climate, students need to think carefully before taking on debt and seek to use alternative funding sources as much as possible, such as employer benefits or an education savings plan, if you already have one established.

 

Loans can only be awarded one academic year at a time. If you are applying with a private lender, keep in mind that the maximum certification periods applicable to your program will be fall/spring for a single academic year and summer will require its own application.

Federal Loans

Federal Loans

Watch our video on Federal Loans.

If you're a U.S. citizen or permanent resident, you'll likely be eligible for federal student loans. To determine your eligibility, you must complete a Free Application for Federal Student Aid (FAFSA). The FAFSA is available October 1 of each year and it is recommended that you have your FAFSA completed at least by June 1.

Once your FAFSA has been successfully processed, you will be offered enough federal loans to cover your program costs each semester. Additional loans can then be requested to help cover living costs and other educational expenses not already included in your program costs, which you can request by emailing the McCombs Financial Aid Team.

You can check the status of your FAFSA after it has been submitted by visiting the ‘Status/Requirements’ page in your Check Aid Status Here (CASH) portal. We will begin packaging McCombs students’ financial aid in late May/early June for the upcoming aid year. If you do not receive a Financial Aid Notification (FAN) by the end of June, please feel free to contact us at FinancialAid@mccombs.utexas.edu.

Private Loans

Private Loans

If you choose to pursue a private loan, we recommend applying no sooner than a few months before the start or your program. Most private loans are credit-based and the approval decision may expire. Check with your lender about the length of time your application will remain valid before you apply. Summer loans require a separate approved application with your lender, and we cannot certify a summer disbursement with any fall/spring loans.

Once you have been approved for loan funding through your lender, please be sure to notify the financial aid team through this online form. Please be advised that since UT is such a large institution, we do not receive notifications directly from lenders when a student has been approved for funding.

If you have any questions, feel free to contact us at FinancialAid@mccombs.utexas.edu.

For International Students

For International Students

For an international student, there may be loan options. Better loan terms may be available if you have a U.S. citizen or permanent resident as a co-signer. Though loan terms will likely be less preferable, there are a few lenders that do not require a U.S. co-signer to be approved. We are not able to recommend any lenders, specifically, but do advise searching online to see what options are out there for you. We will work with all banks and lending institutions.

We, as the University of Texas at Austin, cannot be your co-signer. 

HAVE YOU OR YOUR SPOUSE BEEN LIVING AND WORKING IN TEXAS FOR AT LEAST A YEAR?

If so, it's possible you could be considered an International Texas Resident. If you are able to establish domicile and be classified as a Texas Resident, your options for securing funding could open up.

  • If you (or your spouse) is on an eligible visa, contact the McCombs Financial Aid Team to discuss your situation.

Scholarships

The McCombs School of Business offers a select number of Admissions Recruiting Awards to students in our Working Professional MBA programs in Houston, Dallas/Fort Worth, and Austin (Evening). All applicants are automatically considered for Admissions Recruiting Awards as part of the application review process. These scholarships will be awarded based on merit (strength of the admission application), as well as need.* Scholarships could be up to $10,000 total, split evenly across each semester of the program. Scholarships require that students remain in good academic standing and are fully employed. Scholarship availability, eligibility, and awards are subject to change without notice.

*While a separate application is not required for Admissions Recruiting Awards, applicants should submit the FAFSA as soon as possible after it becomes available in October, for need to be considered in the award process.

Please note that the McCombs Financial Aid Team does not oversee any other scholarship programs and does not take part in the selection process of Admissions Recruiting Awards. You of course can apply for scholarships from outside organizations but there is no internal list of scholarships available to apply to. Please refer to scholarship search engines similar to Fastweb, Sallie Mae’s Scholarship Search, or Juno’s MBA Scholarships list.

 

Veteran Benefits

The McCombs School of Business welcomes veterans, active duty members and their families. If you have questions, please review our benefits information, or contact the Student Veteran Services Office at the University.