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.
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
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

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.
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.