Scholarships

Acquiring an M.B.A. at St. Thomas is a wise investment.

Studies have shown that money spent on education is one of the most powerful measures of future success, and the ROI of a UST MBA is a rich combination of knowledge, connections and career-building. We recognize the investment and opportunity cost in committing to a full-time program of study and have a variety of scholarship opportunities available to qualified Full-time UST MBA program applicants.

Opus Scholars

For the fall of 2014, full-tuition scholarships will be awarded to top applicants who demonstrate an outstanding record of academic and professional achievement. 

Strong candidates will have the following characteristics:

  • Three or more years of full-time work experience after graduating from college
  • GMAT score above 700
  • Strong undergraduate academic record
  • Excellent communication skills and leadership potential

 Priority consideration for Opus Scholars is given to applicants who apply by February 15, and the final application deadline for Opus Scholar consideration is April 15.

UST MBA Outreach Scholarship

For fall 2014, full-tuition scholarships will be available to applicants who demonstrate a record of academic achievement, professional experience, high potential and a commitment to diversity. Offered in collaboration with the National Black MBA Association (NBMBAA) and the National Society of Hispanic MBAs (NSHMBA) the UST MBA Outreach Scholarship Program will enhance access to a world-class MBA education for young professionals from a broad range of backgrounds, bringing valuable diversity of experience and perspective to the classroom and the professional world.

Priority consideration for the Outreach Scholarship is given to applicants who apply by February 15, and the final application deadline for Outreach Scholarship consideration is April 15.

Scholarship applicants will be selected on the basis of:

  • Academic qualifications, as documented by college transcripts
  • Professional qualifications
  • Résumé 
  • GMAT or GRE scores
  • Essays
  • Letters of recommendation
  • Ability to articulate their past contributions and future aspirations to increase diversity of representation in the classroom and in the professional world

More details about the UST MBA Outreach Scholarship program »

Dean’s Service Scholarships

Dean’s Service Scholarships to admissible Full-time UST MBA applicants who have completed or are scheduled to complete a service commitment through one of the organizations listed below. Every admitted candidate with one or more years of service is guaranteed an $8,000 renewable two-year scholarship.

Organizations

  • AmeriCorps
  • Brethren Voluntary Service
  • Catholic Volunteer Network and member organizations
  • Jesuit Volunteer Corps
  • LDS Mission
  • Lutheran Volunteer Corps
  • Mennonite Voluntary Service
  • Peace Corps
  • Teach for America

You must indicate the period of your service on the "Additional Information” section of your application. You may be asked to provide documentation.
 
Service Scholars are also eligible for Full-time UST MBA’s other scholarship opportunities, ranging from $8,000 to full tuition, depending on qualifications and scholarship availability.  

Graduate Assistantships for Second-Year Students

Each year, the Full-time UST MBA core faculty and various departments on campus select students to work roughly 10 hours per week. Selected students must be in good academic standing and will exemplify academic excellence, commitment to the Full-time UST MBA program and strong peer relationships within their cohort.

Dean’s Scholarships

The admissions committee automatically considers all applicants to this program for Dean’s Scholarships. Awards range from partial to full tuition, and admitted students who have been selected for a Dean’s Scholarship will receive an award letter in their admission packet. 

Dean’s Scholarships are awarded to top candidates who will be outstanding contributors to the program. The admissions committee takes into account a wide variety of factors when awarding Dean’s Scholarships, including:

  • Work experience
  • Academic record
  • GMAT score
  • Recommendations
  • Essays
  • Admission interview

 Priority consideration for Dean’s Scholarships is given to applicants who apply by February 15, and the final application deadline for Dean’s Scholarship consideration is April 15.

Military Consideration

The Opus College of Business welcomes applications from men and women with military backgrounds and is honored to be chosen as a Military Friendly Business School by MBA.com. The college offers the following benefits to veterans:  

  • Waiver of the application fee for persons with a history of service
  • Special consideration when reviewing applications for the Dean's Scholarship
  • One-year deferment of acceptance and scholarship if admitted military students' plans are delayed by their service branch

In addition, the University of St. Thomas is participating in the Yellow Ribbon Education Enhancement Program, a provision of the Post 9/11 Veterans Educational Assistance Act of 2008. St. Thomas provides unlimited Yellow Ribbon awards to graduate students in the Opus College of Business; this tuition benefit will be matched by the Veterans Administration.

Yellow Ribbon Information and Applications »

To learn more about other veteran’s benefits provided by the University of St. Thomas, please visit the Veteran Student Information page.