Full-Time MBA Scholarships

Between funding from the Dean of Minnesota Carlson and generous support from the community, merit-based scholarship opportunities are available for Full-Time and Management Science MBA students. Corporate benefactors include 3M, Ameriprise, Deloitte, Donaldson Company, H.B. Fuller, Hubbard Broadcasting, and Mairs & Power. Individual benefactors are often successful alums of the program who feel strongly about giving back to Minnesota Carlson by helping to ease the financial burden of future MBA students.

Scholarships & Support

At Minnesota Carlson, we are committed to making your educational investment more affordable through our generous scholarship and support offerings.

$2.0M

in merit-based scholarships available

97%

of the class of 2024 received a scholarship award

$29,500

average scholarship per year

Military Scholarships

All Full-Time MBA military candidates receive support from Minnesota Carlson. Scholarship awards for our Full-Time MBA military candidates range from $7,500 to full tuition with a stipend for living expenses. Dollar amounts depend in the caliber of the application and the amount of GI Bill benefit the student is receiving. To provide financial support for students who are committing to full-time graduate study and attending our Full-Time MBA program, scholarships are awarded based on:

academic and professional merit
having served in one of the branches of the United States Armed Forces
having been deemed a military veteran

Named Military Scholarships

Buuck Military Veterans MBA Fellowship
Deloitte Military Veterans MBA Fellowship
Donald & Lorraine Freeberg Military Vets Fellowship
Gatens/Benson Military Veterans Fellowship
Graco Military Veterans MBA Fellowship
H. William Walter MBA Fellowship
John & Nancy Lindahl Military Veterans Fellowship
MBA Class of 2000 & 2002 Leadership Fellowship
Michael & Judy Mee Fellowship Military Veterans Merit Fellowship
Newman's Own Military Veterans Fellowship
Polaris Military Veterans MBA Fellowship
Rangen/Erickson CSOM Military Vets MBA Fellowship
Robert Potts Military Veterans MBA Fellowship
Torgerson Family Military Veterans MBA Fellowship
United Healthcare Military Veterans MBA Fellowship
Victor & Fern Bates Scholarship Wiehoff Family Military Veterans Fellowship
William and Jane Dudley Military Veterans Fellowship

Tuition Rates

Veterans attending the University of Minnesota will be assessed resident tuition rates for their degrees. The resident tuition waiver will be automatic for veterans with a DD-214 on file that receives educational benefits. For more information or to receive in-state resident rates, please submit a copy of your DD-214 to University Veterans Services.

Veteran's and Military Celebration Night

Military Fellowship

Carlson offers 16 funds that provide numerous awards to active military and veterans who join the MBA program. One example is the Gatens/Benson Military Veterans Fellowship which was created by a Vietnam veteran and MBA alum in memory of two friends, Martin J. Benson, a Marine pilot who was killed flying medevacs in Vietnam and Daniel M. Gatens, who also served in Vietnam and died at an early age.

Additional Opportunities

Graduate Assistant Opportunities

Our graduate employment program offers opportunities for graduate students to work in teaching, research, and administration roles. Whether you're interested in sharing your knowledge in the classroom, contributing to cutting-edge research, or supporting university operations, we have positions available. To qualify for a graduate assistantship, you must be enrolled in a graduate or professional degree program.

A group of students posing in front of a walk and repeat at the Undergraduate Scholarship Reception

Finance Leaders of Tomorrow: A Funds Enterprise Scholarship

We prioritize sustainability and long-term success, leading us to create the Finance Leaders of Tomorrow scholarship. It aims to bring diverse voices to the investment business and offers full tuition for the Full-Time MBA and MS Finance programs. Recipients receive mentorship, connections with our network, and career opportunities, fostering growth for future generations.

Illustration of graduate cap on top of stack of books with a stack of coins next to them.

Paying for grad school: A guide to funding your business degree

Considering an MBA or business master’s degree but worried about the cost? Explore funding options to lighten the load. Discover strategies to finance your education while staying in control of expenses. From personal savings to scholarships, fellowships, and loans, we'll guide you through the process.

Learn More About Funding Options