Funding Your MBA

Male student standing by windows in Jacobs Management Center.

Ryan Sullivan, MBA ’18, Artificial Intelligence Analyst, E15 Group, Connection to Excellence (C2E) Scholarship recipient.

Invest in yourself.

To enhance the University at Buffalo's already competitive tuition, we award scholarships, fellowships and assistantships for outstanding, highly motivated students. All awards are merit-based and may be funded for full or partial tuition.

For priority consideration, submit your completed MBA application by the January 15 deadline.

Component	Semester 1	Semester 2	Semester 3	Semester 4
MBA tuition ¹	$7,615	$7,615	$7,615	$7,615
University fees ²	$1,574.86	$1,574.86	$1,574.86	$1,574.86
Medical Activity Fee ²	$200	N/A	N/A	N/A
Professional Development Career Services fee ³	$389	$389	$389	$389
Total semester costs	$9,778.86	$9,578.86	$9,578.86	$9,578.86

Estimated total cost of the program for NYS⁴ residents: $38,515.44

¹ All tuition and fees may be subject to change at the discretion of the university. Tuition information was published in July 2024 and reflects SUNY-approved rates for fall 2024. Fees may be subject to change.

² More information on university fees can be found on the Student Accounts website.

³ Professional Development Career Services fee

⁴ In accordance with SUNY policy, the University at Buffalo will verify initial residency status during the admissions process. Please note, newly admitted students claiming permanent domicile in New York State for 12 months or more at time of application will be asked to provide three supporting documents to verify residency, prior to initial enrollment. If you receive an admission offer, you will be contacted to provide this verification documentation. Please refer to the UB Graduate School's Verifying New York State Residency webpage for more information and acceptable forms of documentation.

Component	Semester 1	Semester 2	Semester 3	Semester 4
MBA tuition ¹	$13,765	$13,765	$13,765	$13,765
University fees ²	$1,574.86	$1,574.86	$1,574.86	$1,574.86
Medical Activity Fee ²	$200	N/A	N/A	N/A
International Student Fee ²	$100	$100	$100	$100
Professional Development Career Services fee ³	$389	$389	$389	$389
Total semester costs	$16,028.86	$15,828.86	$15,828.86	$15,828.86

Estimated total cost of the program for non-residents: $63,515.44

² More information on university fees can be found on the Student Accounts website.

³ Professional Development Career Services fee

General tuition and payment information
International students should also reference the UB financial form.
Note: Health insurance coverage is mandatory
Note: When you enroll in a combined Bachelor’s/MBA program, you shift from being an undergraduate student to a graduate student. You will be billed MBA tuition rate and fees. This may have impact to your financial aid. If you think you may be affected, visit UB Financial Aid for additional assistance

Scholarships and Fellowships

Established through the generosity of Irene and Jeffrey Jacobson, the two-year MBA fellowship consists of a student leader role in the School of Management Office of Diversity, Equity and Inclusion, a tuition waiver and stipend, plus an additional cash scholarship amount, for a total fellowship award equal to New York State resident MBA tuition.

Outstanding applicants may be eligible for a UB MBA full or partial tuition scholarship.

UB MBA Scholarships
Helen Crosby Scholarship
A. Neville Procter Memorial Fellowship
Elizabeth M. and Joseph P. Ivers Management Scholarship
Emily J. Bernacki Mathewson Memorial Scholarship
Stephen J. Zielinski Management Scholarship

Made available through the generosity of William C. and Gloria K. King, this merit-based MBA scholarship of $15,000 is awarded to high-achieving UB School of Management undergraduates pursuing a full-time MBA. The scholarship is awarded in the first year of the full-time MBA program and renewable for the second year, based on performance.

To be eligible, you must be a UB School of Management senior admitted to the full-time MBA program or a junior admitted to the joint BS/MBA program. You must be in good standing, with a minimum GPA of 3.0 and a GMAT score of 600 or better (or a combined GRE score of 310 or better). Only U.S. domestic students are eligible.

Western New York Prosperity Fellowship program assists undergraduate and graduate students who are actively preparing for careers that further economic development and growth, especially in Western New York.

Apply to WNY Prosperity Fellowship

Are you a woman interested in health equity? You may qualify for the Dawn Gideon Foundation Dawn Gideon-Huron Scholarship, awarded to women who self-identify as Black/African American, Latinx/Hispanic or Native American or have demonstrated a commitment to health equity and who are pursuing a master’s degree in healthcare administration and/or business administration.

The Harold and Muriel Berkman Charitable Foundation awards up to 50 $1,000 scholarships to U.S. citizens who are matriculating in an AACSB-accredited school of business. Scholarships are awarded in two categories:

The foundation awards scholarships to worthy students who choose to pursue a graduate or undergraduate degree in marketing.
The foundation is particularly interested in supporting the education of U.S. veterans by awarding them scholarships, especially those who hold a Combat Infantry Badge, suffered serious injury due to combat action, received a Purple Heart, serves or served with honor and distinction, or were honorably discharged from military service. Veterans pursuing scholarships on this basis do not need to be majoring in marketing or business to be considered.

Apply to the Berkman Scholarship

The Graduate Opportunity Program provides tuition assistance to EOP, HEOP and SEEK graduates who are undertaking graduate study at participating SUNY institutions. More information can be found on our website.

Financial Aid for Grad School

Get Help Paying for Your Graduate Certificate

There are numerous other scholarships and fellowships available for highly qualified graduate students. Visit The Graduate School's website for more information.

Assistantships

All admitted full-time MBAs are considered for graduate, teaching and research assistantships and are selected in a competitive process. In these roles, students assist with school or university administration, teaching or undertake research with faculty members. Although responsibilities vary by assignment, assistants generally work 20 hours per week. Graduate and teaching assistants receive a stipend, plus a $7,500 tuition scholarship. Search UB Bizlink and UB Bullseye for assistantship postings.

Opportunities for Graduate Funding

There are many university, national and international-level awards available to fund your education. Visit the Understanding the Funding Process webpage, which provides information on admissions and funding decisions, funding packages and opportunities for funding.

Visit the Office of Financial Aid for details and information on UB financial aid programs.

Third Party Financing

The State University of New York at Buffalo works diligently to ensure that its officers, employees and agents avoid conflicts of interest in connection with their responsibilities relating to providing and administering student loans for our students. These links are provided for informational purposes only and do not imply any endorsement.

Visit the Office of Financial Aid for alternative and private loan options.

Non-UB affiliated sources:

GoGrad.org

Prodigy Finance

Our Success

“I am surrounded by some of the smartest individuals I have worked with, and it has really shaped my professional development. The C2E scholarship has provided me with opportunities I wouldn’t have had otherwise. Thank you for helping me pursue my dreams.”

9/1/21

Briar Baker, MBA ’19

Senior Analyst, Accenture
Connection to Excellence (C2E) Recipient

“If you exclude half the population who happens to be female, which has happened for the longest time in the executive ranks, or African Americans or Hispanics and others, you are not integrating the best of the best in your business.”

9/1/21

Jeffrey Jacobson, BS ’81

CEO, Electronics for Imaging Inc., on why he and his wife were inspired to endow the Irene and Jeffrey Jacobson Fellowship for Diversity, Equity and Inclusion in the School of Management.