Tuition and Scholarships for Full-Time MBA
Will a Tepper School Degree Move Your Career Forward?
We understand that return on investment is a critical factor when considering graduate school. Will your commitment of time and money pay off?
The answer is yes! With advanced leadership training and a foundation in analytics, a Tepper School graduate degree positions you to make immediate impact in your field. Whether you’re pursuing business, technology, or specialized management, our programs accelerate your career and expand your opportunities. Explore our latest career outcomes to learn more.
Tuition
Graduate tuition information can be found on the Carnegie Mellon Student Financial Services site.
Financial Aid
Together with The HUB student services center, Carnegie Mellon's Student Financial Aid Office supports the school’s goal of enrolling and graduating a diverse group of top-qualified students by facilitating the financial aid process and by serving as an educational resource to prospective and current students.
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More about the financial aid process for graduate students
Scholarships
At the Tepper School, we believe in making graduate business education more accessible and investing in our students.
All Full-Time MBA students are considered for a Tepper School scholarship at the time of admission based on the overall strength of the admissions application. A separate scholarship application is not required. Students who receive a Tepper School MBA Scholarship are advised of their award when they are accepted for admission.
Discover a sample of the scholarship opportunities available through the Tepper School below.
INVESTING IN YOUR FUTURE
100% of our incoming class received financial support.
Every incoming Full-Time MBA student received financial support through a Tepper School scholarship or full tuition sponsorship from an employer, country, or VA benefit programs.
FULL-TIME MBA SCHOLARSHIPS AWARDED
$64,500 – $127,650
Scholarship range for the middle 80% of incoming Full-Time MBA students receiving Tepper School scholarships.
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Dean Scholars: Cohort based program for up to 20 candidates per year in the Full-Time MBA program
- Full tuition scholarship up to 20 students
- Specialized Leadership Programming and Leadership Assessment
- Specialized Networking Opportunities with high profile alumni and school leadership
- Early and Enhanced Career Support for your intended career field
- Community Building activities with Dean Scholars (both current students and alumni from this program)
Yellow Ribbon Program
The Tepper School of Business at Âé¶¹´å is a proud participant. Veterans must have 100 percent Post 9/11 GI Bill eligibility; active duty service members, and their spouses using transferred entitlement, may participate in the Yellow Ribbon program. Once an individual student’s eligibility is determined by the VA certifying official at Carnegie Mellon, the Tepper School of Business Financial Aid Office determines the amount of Yellow Ribbon eligibility.
The Tepper School’s level of participation in the Yellow Ribbon Program currently covers the gap in GI Bill funding for a private institution and tuition for all Tepper School Masters programs. For payment rate information, visit the . This amount may vary annually as it needs to be approved each year by the Tepper School and the VA.
Additional information about Veterans’ benefits can be found on The HUB and the Âé¶¹´å Veterans & Military Community site.
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As part of a select group of schools and corporations, the Tepper School partners with ¹ó´Ç°ù³Ùé, a non-profit working to advance women in business. Through the admissions process, exceptional MBA candidates are selected to receive Tepper School-funded ¹ó´Ç°ù³Ùé Fellowship. Along with the prestige of receiving this designation, ¹ó´Ç°ù³Ùé Fellows gain access to exclusive ¹ó´Ç°ù³Ùé benefits, such as skill-building workshops, leadership conferences, networking opportunities, job postings, and more.
To be eligible for the Forte Fellowship, candidates must receive a minimum merit scholarship of $20,000 per year from the Tepper School of Business. (This fellowship designation does not increase your current merit scholarship.)Ìý
The Forte Fellowship is open to all qualifying students regardless of sex, sexual orientation, gender or other identity.
Consortium for Graduate Study in Management (CGSM)
The Tepper School of Business is a member school of the Consortium for Graduate Study in Management (CGSM), an alliance of 22 leading business schools and corporate partners that are dedicated to enhancing diversity in business education and leadership by helping to reduce the under-representation of African-Americans, Hispanic Americans, and Native Americans in both the member schools’ enrollment and the ranks of management. Candidates who apply and obtain membership through The Consortium, are eligible to be considered for all merit based scholarships ranging from $10,000 to Full-Tuition.
Consortium Fellows at the Tepper School of Business are those selected to receive the merit-based full-tuition scholarship. Consortium Fellowships are open to all candidates who receive membership into The Consortium through their membership process.Ìý
To apply or learn more about The Consortium, please visit or contact tepper-mba@cmu.edu.
ROMBA
Reaching Out MBA (ROMBA) is an organization dedicated to educating, inspiring and connecting business students to impact change in the classroom and workplace. The ROMBA Fellowship has been created as a joint effort between top business school programs and Reaching Out to demonstrate that business schools are outstanding opportunities for out LGBTQ+ young professionals and their active allies to build their careers.Ìý
Fellows receive access to various Reaching Out programming (including the annual conference!), mentoring and LGBTQ+ leadership opportunities, some of which are to be developed specifically for these fellows. As part of accepting the Fellowship, ROMBA fellows agree to take a national leadership role in planning content for at least one Reaching Out initiative during business school.
To be eligible for the ROMBA Fellowship, candidates must receive a minimum merit scholarship of $10,000 per year from the Tepper School of Business. (This fellowship designation does not increase your current merit scholarship.) The ROMBA Fellowship is open to anyone regardless of sex, gender, gender identity, sexual orientation, or other protected class.