MBA Scholarships
Online MBA for Under $20K
Earn a top-ranked, online MBA from UMass Lowell's AACSB-accredited Manning School of Business. With competitive public university tuition, you can complete the online MBA for under $20K. If your undergraduate degree is not in business, you may need foundation courses, bringing the total cost above $20K while still keeping UMass Lowell's MBA among the most affordable in the country.
You may also qualify for MBA scholarships and tuition-saving opportunities that further reduce the cost of your degree. Scholarships are available for online learners, on-campus students, UMass Lowell alumni, veterans and international applicants.
Online MBA Scholarships
$2K
MBA Scholarship for Online Students
As of Fall 2026, UMass Lowell is launching a merit-based MBA Scholarship for Online Students to help make the online MBA program even more affordable for qualified applicants. Eligible online MBA students receive up to $2,000 in graduate scholarship funding, distributed over four consecutive fall and spring semesters.
Designed to help working professionals reduce the cost of earning a graduate business degree, these scholarships provide valuable MBA financial aid and make it easier to pursue an affordable online MBA from a top-ranked public university. No separate scholarship applications are required for eligible applicants.
Learn more about the Online MBA.
MBA Scholarships for On-Campus Students
Dean's Graduate Scholarship
Interested in earning your MBA on campus? The Dean's Graduate Scholarship is available to high-achieving newly admitted master's students classified as in-state residents. You can receive up to $4,000 in graduate scholarship funding, distributed over four consecutive fall and spring semesters, provided you remain in good academic standing.
$4K
Provost's Graduate Scholarship
The Provost's Graduate Scholarship supports high-achieving newly admitted master's students classified as regional or out-of-state students, with up to $8,000 in graduate scholarship funding, distributed over four consecutive fall and spring semesters for eligible students who maintain good academic standing.
As with online MBA scholarships, no separate scholarship applications are required for eligible applicants.
$8K
Learn mour about the On-Campus MBA.
MBA Scholarships for International Students
International MBA applicants may also find scholarship opportunities at UMass Lowell.
Scholarships for international MBA students include the International Excellence Scholarships and multiple regionally based Emerging Leader Scholarships, each offering awards of up to $20,000.
If you choose to begin or complete your degree internationally online, you will also qualify for the Online MBA Scholarship mentioned above.
Explore International Graduate Scholarships.
MBA Scholarships for Alumni and Veterans
You may qualify for other graduate scholarship opportunities based on your background and academic pathway.
Alums
$2K
If you earned your undergraduate degree from UMass Lowell, you may be eligible for the Alumni Double River Hawk Scholarship, with awards of up to $2,000 over four consecutive semesters.
Current Students
$2K
Current undergraduate students in the Manning School of Business are eligible to accelerate their studies toward an MBA degree and save on tuition through the Bachelor 's-to-Master's (B2M) program. See the Double River Hawk Scholarship for more information.
Veterans
$2K
If you are a veteran or active-duty service member, you can explore additional funding through the Veterans Graduate Scholarship. Veterans are eligible to receive up to an additional $2,000 in scholarship funding.
Frequently Asked Questions
- Yes, UMass Lowell is launching a new MBA Scholarship for Online Students, offering $2,000 over 4 semesters. Online master's students pursuing other degree programs may also be eligible for the Graduate Online Excellence Scholarship, which provides up to $2,000 in graduate funding for high-achieving newly admitted online master's students.
- For the MBA Scholarship for Online Students, no separate application is required. You are automatically considered when you apply to the online MBA program. Most UMass Lowell graduate scholarships state that eligible applicants are automatically considered without a separate scholarship application. However, students are always encouraged to submit the FAFSA and complete the application in the River Hawk Scholarship Portal.
- Yes. On-campus master's students may be eligible for scholarships such as the Dean's Graduate Scholarship for in-state students and the Provost's Graduate Scholarship for regional and out-of-state students, depending on eligibility requirements.
- UMass Lowell lists several graduate scholarship opportunities for international students, offering awards of up to $20,000 for master's students pursuing on-campus and online degrees.
- The new MBA Scholarship for Online Students provides $500 per semester for 4 semesters, for a total of up to $2,000 over 2 years.
Your Next Steps
When paired with available MBA scholarships, UMass Lowell offers a strong combination of value, flexibility and academic quality. Take the next step toward your graduate business degree. You will automatically be considered for eligible MBA scholarships when you:
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