Tuition and Aid

A graduate degree from Boston College is an excellent investment in your future. The Carroll School provides a wide range of merit-based scholarships and assistantships to both domestic and international full-time candidates. Boston College also offers loan and work-study programs to help students finance their educations.

Full-Time MBA Program

Tuition rate (per semester) $26,625 (2019-20)

 

Full-Time MSF and MSA Programs

Tuition rate (per credit hour) $1,814 (2019-2020)
Tuition rate (for 30 credits) $54,420

 

Part-Time MBA and MSF Programs

Tuition rate (per credit hour) $1,814 (2019-2020)
Total Credits in MBA Program 57
Total Credits in MSF Program 30

 

Fees & Expenses 

The expenses listed below reflect estimated amounts for the 2019-2020 academic year (a period of nine months). For more information on cost of attendance, visit the Graduate Financial Aid page

Graduate Student Activity Fee $60 (7 or more credits)
Initial Boston College ID Card For Entering Students Fee $45
Medical Insurance** $3,120
Rent/Utilities $12,285
Meals $3,200
Transportation $2,020
Personal Expenses
$3,255
Books and Supplies
$1,300

**For part-time students, medical insurance is required if not provided by an employer. Learn more about enrollment and waivers.

NOTE: Tuition rates, all fees, rules and regulations, courses and course content are subject to revision by the President and Board of Trustees or School Dean at any time.

Merit-Based Scholarships and Fellowships

All domestic and international applicants to the full-time MBA, MSF, and MSA programs are considered for merit-based scholarships and assistantships. Scholarship decisions are made and communicated with admission decisions.

Ninety percent of entering full-time MBA students in 2019 received merit-based awards, with the average award totaling approximately $40,000. Almost half of the entering part-time MBA class in 2019 received awards, with the average award totaling over $7000.

The Chandra International MBA Fellowship

Through a gift established in 2003 by Monica Chandra, MBA ’87 and her brother Amit Chandra, MBA ’93, this fund provides scholarship assistance for MBA students enrolled in the Carroll School of Management, with first preference to students from India and second preference to those from Southeast Asia.

Dean’s Scholarships

These institutional awards are awarded to exceptionally strong MBA, MSA, and MSF candidates. Dean’s Scholarships range in value and provide tuition remission for graduate study in the Carroll School.

The John J. McMullen Fellowship

Established in 2003 by John J. McMullen P ’81, the fellowship recognizes exceptional candidates for the full-time MBA, MSF, or dual degree MBA/MSF programs who have graduated from the United States Naval Academy. Recipients recommended by the U.S. Naval Academy may be granted full tuition remission for up to two years (20 months) of graduate study.

The Michael F. Price Fellowship: The Wall Street Executive Fellows Program

Through a gift established in 2000 by Michael F. Price P ’02, the fellowship provides a full tuition scholarship for a full-time graduate student.

The O’Brien Fellowship

This fellowship is named after global business leader, entrepreneur, philanthropist, and humanitarian advocate Denis O’Brien, MBA ’82. Irish citizens who matriculate to the Carroll School’s full-time MBA program may qualify for the O’Brien Fellowship. The O’Brien Fellowship will cover the full cost of attendance for two years (or the duration of the MBA program). Eligible candidates will receive consideration for the fellowship during the initial application review by the Admission Committee. Learn more about the OBrien Fellowship.

The Ruth and Stephen Barrett Family Graduate Fellowship

Established in 2004 by R. Stephen Barrett, Jr., MBA ’78, P ’02 and Ruth T. Barrett P ’02, the Barrett Family Fellowship provides support for a graduate fellow in the Carroll School.  

Assistantships

Graduate assistantships typically offer a stipend in exchange for either research or administrative responsibility. Assistantships can be offered in combination with scholarship awards, typically to full-time MBA and MSF students.

U.S. Military and Veterans’ Benefits

Veterans and military personnel are eligible for financial assistance with educational expenses. The GI Bill provides a variety of resources, while the Yellow Ribbon Program offers support to veterans of the U.S. Armed Forces who are eligible for the Post-9/11 GI Bill. What’s more, military members and veterans who have been on active duty within the past 15 years of their application are eligible for an application fee waiver.

For more information about financial assistance programs available to Veterans and active duty service men and women, please visit our U.S. Military and Veterans’ Benefits page. Additionally, AffordableColleges.com provides a helpful Financial Aid Guide for Military Servicemembers.

Applying for Financial Aid

To apply for merit-based scholarships and assistantships, simply indicate your interest on the application for admission. For questions about need-based or loan-based financial assistance, please contact Boston College’s Office of Financial Services:

  • If your last name begins with a letter from A through F or S through Z, Elaine Holloman is your financial aid counselor.
  • If your last name begins with a letter from G through R, Marsia Hill Kreaime is your financial aid counselor.

Graduate Student Financial Aid Forms »

ADDITIONAL FINANCIAL AID RESOURCES

Students looking to fund their education may wish to consider online resources for information on grants and scholarships. Below is a sample of leading scholarship search providers:

FinAid
FastWEB
CollegeNet
The College Board
Peterson’s Scholarship Search
MoneyGeek