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.

Limited Time Opportunity: Guaranteed Scholarship

Deadline to apply: October 1, 2026

Applicants who submit a complete application to our Full-Time or Management Science MBA programs by October 1 and are admitted will receive a guaranteed scholarship award. Don’t miss this opportunity to advance your career with a top-ranked MBA education at a reduced cost.

Supporting Details

  • Guaranteed scholarship for all admitted students
  • Application deadline: October 1
  • GMAT & GRE waivers available
  • Eligible programs: Full-Time MBA and Management Science MBA

Join our Fall 2027 cohort. Submit your application today and take the first step toward an MBA backed by a guaranteed scholarship investment in your success.

Apply today

Scholarships & Support

At Minnesota Carlson, we're committed to making your graduate education more affordable through generous scholarships and financial support opportunities. Scholarship awards are reviewed annually, and award amounts and eligibility may change for future entry terms. Updated scholarship information will be posted as it becomes available.

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
  • 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

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

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.

Carlson scholarships and discounts are not transferable to other degree programs and may not be "stacked" with other University of Minnesota/Carlson scholarships, discounts, or reduced tuition programs such as Regents Tuition Benefit Program or Senior Citizen Education Program (SCEP).

Take the next step

Contact Full-Time MBA