UT Austin McCombs MBA 2025: Fees, Cost Breakdown & Aid

The McCombs School of Business at the University of Texas, Austin, offers one of the most competitive MBA programs in the US. While the program opens doors to careers in consulting, finance, and technology, the cost is an important factor for every applicant. Understanding the UT Austin McCombs MBA fees helps you plan better and avoid surprises later.

The total cost of the MBA includes tuition, living expenses, health insurance, and other student fees. It is also important to look at scholarships and funding options that can ease the financial burden. In this blog, we will explain the complete McCombs MBA cost structure, scholarships, and financial planning tips to help you make an informed decision.

Are You Curious About McCombs MBA Fees?

Tuition fees for non-Texas residents for the 2025 – 2026 MBA intake at McCombs is $59,684 per year.

For the McCombs MBA 2025-2026 academic year, the estimated cost of attendance for the full-time MBA program, including tuition, room and board, transportation, books, and personal/miscellaneous expenses, is approximately $84,605. These figures are based on a full-time MBA graduate student enrolled in 15 credit hours per semester.

For a detailed description of fees, please refer to Cost of Attendance.

Additional Expenses Other Than McCombs MBA Fees 

Other than tuition fees, there are many other expenses that you need to consider while deciding on an MBA. Continue reading to get a better idea and understand whether McCombs is worth it. 

Through the cost of attendance (COA), McCombs provides a full picture of how much it would cost for an MBA graduate to attend the school. This would include basic living expenses, housing, utilities, and tuition fees. To be precise, these expenses would vary significantly depending on your lifestyle. The table below will give you a clear idea of your MBA fees. 

Additional expenses that you can include in your cost of attendance, especially if you require financial aid, are:

After reading all these, if you feel like knowing your personal MBA fees and expenses, the school provides a cost and tuition calculator that you can use. 

For a detailed description of fees, please refer to Cost and Tuition fees.

Scholarship: A Significant Relief

McCombs School of Business offers various scholarships to full-time MBA students, ranging from awards based on financial needs to academic achievement and extracurricular activities. The cost of attendance determined by the Office of Scholarships and Financial Aid (OSFA) states that each student applying for financial aid will be offered the same budget regardless of their residency.

Here are some of the scholarship Opportunities at McCombs:

1. Recruiting Scholarships

• Cash awards and out-of-state tuition waivers range from $2,000 to full-tuition awards.

2. SYLFF Global Fellows

• Selected annually to promote diverse global perspectives.
• Receives an SYLFF scholarship in addition to fellow benefits.

3. Partnership Fellowships

• McCombs partners with Forté Foundation, Reaching Out MBA (ROMBA), and Teach for America.
• Selected MBA candidates receive a McCombs scholarship and benefits from these organizations.

4. Automatic Consideration

• All admitted international MBA students are automatically considered for scholarships.
• Scholarships are offered at the same rate as domestic students.

External Scholarships: 

Many private organizations offer scholarships to graduate students based on different criteria. Sources for external scholarships and resources to search for external scholarships include:

1. Joseph F. Barthmaier, Jr. Memorial Scholarship:

• This scholarship requires candidates with great ambition, good character, and a reason for financial need.
• There is no separate application process.

2. Robert Austin Hatcher Endowed Scholarship:

• This scholarship is awarded based on a student's financial aid application.
• No separate application is required.

3. Albert and Anice Vanderlee Endowed Scholarship:

• Candidates should highlight their academic achievement and explain the need for financial aid.
• There is no separate application process.

If you are aiming for a scholarship, you can apply through the Office of Scholarships and Financial Aid’s new scholarship management system, Longhorn Awards and Student Scholarship Opportunities (LASSO).

Loans and Grants for McCombs MBA Fees

McCombs MBA students have access to various loan and grant options to help finance their education. Federal student loans, such as Direct Unsubsidized Loans, are available to U.S. citizens and permanent residents. These loans do not require demonstration of financial need, and the school determines the maximum amount a student can borrow based on their cost of attendance and other financial aid received.

Additionally, private student loans from banks and other lenders can be obtained, though international students may need a U.S. citizen or permanent resident co-signer to qualify for more favorable terms. McCombs also encourages students to explore external scholarships and grant opportunities from private organizations, which do not need to be repaid.

McCombs School Virtual Tour 

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• Is Mccombs MBA Worth It?

Conclusion

In conclusion, the UT Austin McCombs MBA fees are a significant investment in your future, reflecting the high quality of education and opportunities offered by one of the top MBA colleges in the USA. With competitive tuition, diverse funding options, and strong post-graduation outcomes, the McCombs MBA program remains a top choice for ambitious professionals seeking to advance their careers.