Olin Business School at Washington University in St. Louis | Groups
Determining Your Need for Financial Aid

Take a realistic look at your expenses versus your resources. Expenses - Resources = Financial Aid Needed.

The budget below includes estimated costs. Tuition and fees will be a set price, whereas the other expenses will vary by individual. Keep in mind tuition costs typically increase four to six percent each year.

Use the estimate to determine how much of the offered financial aid you’ll need to accept. All funds requested above tuition and fees will be refunded for living expenses.

Make a reasonable estimate of your potential income and borrow only what you need. Managing your repayment obligation is critical to establishing and maintaining a sound credit history.

International students:  The dollar amounts required to obtain your student visa will be different than the maximum financial student budgets listed below.  Please review your documentation from the Office of International Students and Scholars (OISS) for details regarding the visa process.  

2020-21 Full-time Student Budget

# of semesters
AY 20-21

and MSFQ*****



MBA Activity Fee
(entering students only)
SMP Orientation Passport & Career Stamp
(entering International students only)
Student Government  Fee (budgeted) $260.00 $200.00
Health and Wellness Fees $524.00 $524.00
Books and Supplies $2,782.00 $2,782.00
Room and Board (rent, gas, electric, food, telephone, etc.) $17,696.00 $17,696.00
Personal & Miscellaneous $5,268.00 $5,268.00
Student Health Insurance
Total Student Budget 
(AY 2020-21)

Note: Excludes the following  (AY 21-22) Tuition costs: 

MACC- $27,993.00**
MSA- $29,228.00***
MSSCM- $26,910.00****
MSFQ,MSWAM $30,312.00*****
MBA (estimated) - $68,105
($34,052.50 per semester)





$88,106.00 $83,470.00 $90,274.00



Your Resources

Employment Income  
Scholarship Aid