A Berkeley MBA degree is an investment in yourself. We know that financing any major investment can be challenging, but we are committed to helping you explore all the financing options available and building a financial bridge to your academic endeavors.
During your experience at Berkeley-Haas, the Haas Financial Aid Office is your primary point of contact, rather than the University's Financial Aid and Scholarships Office. The links on this page go to the Haas Financial Aid Office's website which contains all the information highlighted below in more detail.
The Full-time MBA program has one of the most reasonable tuition and fee structures of any top MBA program. Approximately 70 percent of Haas students receive some form of financial assistance, including scholarships and loans.
Total assessed tuition & fees for the 2016-2017 academic year are $60,162.50 for California Residents and $61,713.50 for Non-residents which also includes health insurance if not waived. University tuition and fees are subject to change. Please refer to our Financial Aid Office website for detailed cost estimates including living expenses. If you apply for financial aid, the official cost of attendance will be used to determine aid eligibility.
In many cases, U.S. citizens or Permanent Residents may qualify for California Residency by their second year of graduate school. We strongly recommend that students pursue this, as it can reduce student fees. Students will save approximately $1,500 by obtaining Residency.
In 2015-2016, the Haas School disbursed approximately $5.8 million in scholarships to both domestic and international students. In fact 50% of Full-time MBA students received some funding!
You can view a complete list of scholarships, learn more about scholarship criteria and application deadlines, and access the application form from our financial aid page on scholarships for entering students.
We strongly encourage prospective students for whom scholarships are a major decision factor to apply for admission sooner rather than later. Funding for some scholarships is limited and will be fully awarded early in the financial aid cycle.
In addition to Berkeley-Haas scholarships, the Haas Financial Aid Office also maintains a list of outside scholarships available to most MBA students.
Loans are always a second option after pursuing scholarship opportunities. The main loan options available to Full-time Berkeley MBA students are:
From the loan options page of the Haas Financial Aid website, you can access information on interest rates, eligibility requirements, preferred lenders, and options for international students.
Berkeley-Haas offers a generous Loan Repayment Assistance Program (LRAP), which provides financial support to graduates of the MBA program who are employed in the nonprofit or public service sectors.
Students may serve as Graduate Student Instructors (GSIs) and receive a fee remission (reduced tuition) and monthly stipend. The average fee remission for a GSI was approximately $8,000 in the spring semester of 2016. Graduate student instructorships are available to second-year students in several fields.
As part of the public University of California system, students at Berkeley-Haas receive very lucrative Post 9/11 Benefits.
Depending on qualifying length of service, veterans can obtain funding for up to 100% of Resident assessed tuition & fees, a monthly housing allowance, and an annual book stipend of up to $1,000.
Visit our page on veterans benefits to find links to the VA’s benefits calculator, information on the Yellow Ribbon Program, and a way to connect with our Haas Veterans Club.