Financing Your Degree
Learn about program costs, awards and financial aid
Earning your MBA is one of the most significant investments of time and money you will ever make. We offer comprehensive financial assistance to help you enroll in the UC Davis MBA Program.
Eight out of 10 MBA students received a scholarship or fellowship.
All candidates are automatically considered for merit-based scholarships concurrent with their application for admissions. Criteria include academic performance, professional promise and class fit.
The following estimated expenses are an example of the cost for the first year of attendance. The MBA requires 72 units for a total estimated course fee of $81,266 for students entering in fall 2020.
The UC Davis Office of Financial Aid and Scholarships establishes a modest, yet adequate cost of living allowance to determine financial aid eligibility each school year. This allowance includes housing and utilities, food, transportation, personal/miscellaneous expenses and medical expenses.
Estimated Expenses for the 2020-21 academic year are:
|
CA Resident |
Non-Resident |
|
|---|---|---|
| Tuition & Fees* | $41,750 | $53,995 |
| Health Insurance Fee** | $5,124 | $5,124 |
| Books and Supplies | $1,917 | $1,917 |
| Living Expenses*** | $16,503 | $16,503 |
| Transportation | $2,215 | $2,215 |
| Total Budget | $67,509 | $79,754 |
** Students must prove comparable coverage under another insurance plan to waive this fee.
***Living expenses includes: Room and Board and Personal Expense Estimates. For estimates of off-campus housing costs near the UC Davis campus please review: Housing Costs Near UC Campuses.
The tuition, fees and charges posted here are estimates based on currently approved amounts. These figures may not be final; actual tuition, fees and charges are subject to change by the Regents of the University of California or, as authorized, by the President of the University of California. Accordingly, final approved levels and charges may differ from the amounts shown. Some or all instruction for all or part of Academic Year 2020-21 may be delivered remotely. Tuition and mandatory fees have been set regardless of the method of instruction and will not be refunded in the event instruction occurs remotely for any part of the academic year.
For current student tuition and fee information, visit the Budget & Institutional Analysis website.
health insurance requirement
UC Davis automatically enrolls all registered students in the UC Student Health Insurance Plan (UC SHIP). Students with comparable insurance can apply for a UC SHIP waiver. More about UC SHIP here. The quarterly cost in 2019-20 is $1,708 ($5,124 annually).
For current student tuition and fee information, visit the Budget & Institutional Analysis website.
Financial Aid
Your MBA represents a significant investment in your future. A variety of financial aid programs are available.
Funding available to MBA students includes:
- Employer support
- Student loans
- Scholarships, fellowship and other awards
The Graduate School of Management offers among the most extensive financial assistance of any top MBA program: 82% of our recent incoming MBA students received a scholarship or fellowship.
EMPLOYER FINANCIAL SUPPORT
Your employer may provide financial support to help with tuition, fees or other expenses. Check with your human resources or benefits office to see what options are available. If there is no formal plan, talk to your manager about possible direct support from your department. Make sure you are aware of any program restrictions or special requirements.
How to Convince Your Employer to Pay for Your MBA (from our Admissions Webinar Series)
SCHOLARSHIPS
All candidates are automatically considered for merit-based scholarships based on their admissions application. Criteria include academic record (undergraduate record, GMAT/GRE), professional promise and focus. Details regarding scholarships are included in the official admissions offer letter.
SCHOLARSHIPS FOR UC DAVIS EMPLOYEES
As part of our investment in talent development at UC Davis, the GSM offers up to five staff scholarships at the UC Davis main campus, the UC Davis San Ramon campus and at UC Davis Health. Ideal candidates are accomplished professionals with high leadership potential. These awards are competitive and are awarded on the basis of intellectual curiosity and strength, demonstrated leadership, professional effectiveness, and strong teamwork and communication skills.
Details for each award are hyperlinked below. To be eligible you must be employed in a career position with one of the following partners:
EXTERNAL SCHOLARSHIPS
The UC Davis Graduate School of Management has compiled the following list of external scholarship opportunities as a service to the community. Students should work directly with each agency to verify their processes and eligibility—and should verify the legitimacy of any organization they provide personal information to.
- American Marketing Association Diversity Leadership Scholarship
- Financial Women of San Francisco
- Point Foundation-The National LGBTQ Scholarship Fund
- Paul and Daisy Soros Fellowship for New Americans
- QS Top MBA
- Toigo Foundation
ASSISTANTSHIPS
A number of graduate student assistantships and reader positions are available to students in several fields, particularly in the accounting curriculum. For most of these positions, you will meet requirements after your core courses during your second year. These graduate student assistantship and reader positions come with reduced tuition and a monthly or hourly stipend.
STUDENT LOANS AND GRANTS
Federal Direct Loans and University of California Grants are available to U.S. citizens and permanent residents. To apply, file the Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov by March 2 for priority consideration. Submit your FAFSA before you are admitted to UC Davis.
FEDERAL DIRECT LOANS AND GRADUATE PLUS LOANS
The UC Davis Financial Aid and Scholarships will determine your eligibility and notify you of the types and amounts of loans for which you qualify.
- UC Davis disburses loans in three installments, one per quarter.
- Interest rates and origination loans are set by the federal government. Interest accrues on the loans from the date of disbursement.
- The Federal Direct Loan does not require a credit check; the Graduate PLUS Loan does require a credit check.
- For more information, contact the UC Davis Financial Aid and Scholarships or a financial aid expert.
Students receive their formal financial aid packages after submitting their enrollment deposit. If you need an estimated award before accepting enrollment, please contact the UC Davis Financial Aid and Scholarships or a financial aid expert.
PRIVATE LOANS
Private loans provide both fixed-amount loan programs and revolving lines of credit. These loans are based on creditworthiness. Interest rates are usually higher—and interest begins to accrue immediately—although you often have the option of deferring payment while you are in school.
Terms and conditions for these programs are not set by the federal government and are subject to change. For more information, contact the UC Davis Financial Aid and Scholarships or a financial aid expert.
INTERNATIONAL STUDENTS
International students receive full consideration for Graduate School of Management scholarships, fellowships and assistantships. Those who need educational loan assistance must have a U.S. co-signer.
CALIFORNIA RESIDENCY
In some cases U.S. citizens and permanent residents qualify for California residency by their second year of graduate school. We encourage you to pursue this, and possibly reduce your student fees. Learn more about petitioning for a change in residency classification here.
STUDENT FEE PAYMENT OPTIONS
Accepted payment methods can be viewed in detail on-line at http://cashier.ucdavis.edu and include:
- Online/Electronic Payments. Pay student bills by e-check; there is no additional fee for paying by e-check.
- Cash. Cash payments must be made in person at the Cashier’s Office.
- Checks, Money Orders and Cashier’s Checks.
- Credit Cards. Discover cards can be used for online payments only. A credit card cannot be used to pay your enrollment deposit.
- International Wire Deposits. Contact the Cashier’s Office for assistance.
More information
If you have questions about filing the FAFSA or the awarding process, please contact UC Davis Financial Aid and Scholarships or contact a financial aid expert.
