Financial aid

Rely on our dedicated financial services team to help you navigate billing, loans, scholarships, and more. Funding your MBA is an important factor in returning to school — and we're here to help.

Completing the FAFSA

To apply for federal financial aid, complete the Free Application for Federal Student Aid (FAFSA). The application is available October 1 for the following academic year. ASU's school code is 001081. Learn more about ASU eligibility requirements for receiving financial aid.

Deadlines

The FAFSA can be completed at any point in your current academic year, but we recommend these deadlines for completing your applications and receiving funds in a timely manner:

DateRecommended steps
June 15 Complete your FAFSA
July 15 Complete supporting documentation requested by Student Financial Assistance
August 1 Accept your financial aid via MyASU

Scholarships

The W. P. Carey School of Business awards scholarships based on financial need and/or academic merit. To be considered for scholarships, your program application and FAFSA must be completed by the scholarship deadline. In addition to financial need or merit scholarships, Professional Achievement scholarships are available for students who are fully immersed in their careers and possess strong managerial and leadership experience.

The Community Impact scholarship is available to exceptional candidates who have demonstrated both leadership experience in the public sector or with non-profit organizations and have impacted their community in a positive manner.

Describe your past contributions to a community or non-profit based organization. How will your experience add value to your peers, classroom, and the W. P. Carey community?

NBMBAA® has a deep and rich history of enriching the lives of Black youth and professionals that we continue to celebrate today. Their mission is to identify and increase the pool of black talent for business, public, and private sectors. The National Black MBA Association Scholarship rewards current NBMBAA members and MBA students.

Describe how will you use your W. P. Carey education, along with your membership of National Black MBA Association, to further enrich the lives of prospective students in the black community?

Go Sun Devils! This scholarship is designed for all newly admitted W. P. Carey graduate students who have previously earned an Arizona State University degree.

Share with the committee why you have decided to pursue your graduate degree at ASU and the W. P. Carey School of Business.

Available to newly admitted students pursuing an MBA or business master’s degree. The W. P. Carey-on Scholarship rewards alumni who have previously earned a W. P. Carey undergraduate degree.

Share with the committee how returning to W. P. Carey School of Business at this time in your professional/academic career will add value to your peers and the W. P. Carey community?

The scholarship is available to newly admitted LGBTQIA+ students and allies to help them achieve their full academic and leadership potential, and make a positive impact on their community and university.

Share an example of your commitment and/or leadership on an issue affecting the LGBTQIA+ community. Describe how you will leverage this experience to bring a diverse perspective to classroom discussion and participation.

Innovation and entrepreneurship are core values of the W. P. Carey School of Business. This scholarship is available to admitted students who are interested in entrepreneurship/innovation or have demonstrated their ability to produce a new product, idea, solution, or new business.

Share with the committee your most informative success or failure related to your entrepreneurial growth and aspirations. Describe how you plan to leverage your education at the W. P. Carey School of Business to take your newest venture to the next level?

Your military experience, combined with an MBA or master’s degree from the W. P. Carey School of Business at ASU, will give you a distinct competitive advantage. This scholarship will help active duty service members and veterans accomplish their goals, whether they’re continuing in the armed services or pursuing a post-military career.

Share an example of how you have shown your commitment and/or leadership on an issue affecting the U.S. Military community. Describe how you can leverage this experience to bring a diverse perspective to classroom discussion and participation?

The National Service scholarship will be awarded to students who have contributed to making the world a better place through demonstrated service in programs including but not limited to, Teach for America, AmeriCorps, Peace Corps, or other national service organizations.

Describe how you will use your public service experience to contribute to the classroom discussion and bring the importance of a sound business education to other members of national service.

To acknowledge the efforts of students who have contributed to the advancement of underrepresented populations, the Diversity and Inclusion Scholarship is available to all newly admitted W. P. Carey students.

Describe how you have supported the academic, personal or professional advancement of underrepresented minorities. Describe how you will leverage your experience to bring a diverse perspective to classroom discussions and influence other members of underrepresented populations of the importance of a sound business education.

The scholarship is available to applicants who demonstrate a commitment to women via personal mentorship or community involvement. Candidates should exhibit exemplary leadership in one of the following ways: academic, team, community, and innovative/entrepreneurial leadership, in alignment with the mission and vision of the Forte Foundation.

Describe how you have supported the academic, personal or professional advancement of women. Share an example of your commitment and/or leadership on an issue affecting women in business and describe how you will leverage your experience to bring a diverse perspective to classroom discussions and influence women of the importance of a sound business education.

Developed for students with over seven years of work experience who live in the Phoenix Metropolitan Area, the Professional Achievement Scholarship rewards those who can clearly demonstrate career advancement.

Describe how your professional achievements, combined with your W. P. Carey education, will help you reinvest in W. P. Carey alumni and in the broader Phoenix business community.

Employer-paid benefits

You may seek full or partial funding from your employer to assist with the costs of attending the W. P. Carey MBA program. Because the Professional Flex MBA allows you to earn your degree over the course of four years, this can reduce the annual costs to an organization, making employer-paid benefits a more attractive option for many companies. Check with your human resources department regarding tuition reimbursement policies.

Employer-paid benefits may take one of two forms:

  • Third-party sponsor billing — ASU will bill your employer directly
  • Corporate reimbursement — you pay your account upfront and be reimbursed by your employer once you have met their guidelines

Veterans benefits

ASU's Veteran Benefits and Certifications does not determine eligibility but will assist you by administering veteran's educational benefits and certifying your enrollment.