Terry MBA on YouTube Full-Time MBA Admissions Blog Terry MBA on LinkedIn Terry MBA on Twitter Terry MBA on Facebook
Financial Awards
Earn Your MBA without Increasing Your Debt
As you begin researching MBA programs, do you find yourself asking “How can I possibly afford to go back to school full-time?”
Terry’s Full-Time MBA Program could be the answer. Over 80% of our incoming class will receive a scholarship or assistantship to reduce the cost of their MBA education, thanks to the generous support of our alumni and corporate benefactors.
There are three categories of Terry financial awards:
Graduate Assistantships
Terry graduate assistantship awards not only reduce the cost of your education, but also provide income to cover living expenses! The benefits include:
- Tuition reduced to $25 per semester
- 40% of student health insurance premium paid by UGA
- A monthly paycheck for working 13 hours per week in the Terry College of Business.
In the 2011–12 academic year, the annual assistantship stipend will be $8,000. MBA students with a graduate assistantship award will receive $800 per month for ten months during the two years they are at Terry.
Assistantship awards are granted to approximately the top one-third of candidates admitted into the Full-Time MBA Program.
| Item | Cost |
|---|---|
| Reduced UGA Tuition | $50 |
| UGA Fees | $2,190 |
| Health Insurance Premium - Student portion Note: 2011–2012 rate will be available in July. | $802 (2010–2011 rate) |
| New Laptop Computer | $500 |
| Books | $1,500 |
| Total | $4,518 |
A student on assistantship will receive approximately $3,000 more than the annual cost of his or her MBA education.
Tuition Waivers
Applicants who are not Georgia residents will automatically be considered for another merit-based award: a Regents’ waiver of the out-of-state tuition charged non-residents. For the upcoming academic year, this waiver will reduce tuition by more than $17,000 per year.
Scholarships
MBA scholarships and fellowships may be combined with any other financial award and range in value from $1,000 to $12,500 per year. These are typically awarded at the time of admission.
University of Georgia Need-Based Financial Assistance
Students requiring need-based financial assistance should contact the Office of Student Financial Aid. Applications for financial aid for the upcoming academic year are available in January.
For me, the networking aspects were a great benefit to being a part of the Terry College.”
