Looking for financial assistance, scholarships or other funding opportunities to help pay for your MBA education? CTMBA students can finance their education in multiple ways:
- Financial aid (federal loans)
- Scholarships
- WICHE (out-of-state tuition waiver)
- Graduate assistantships (GAships)
- Military and VA funding
See more information about these options and what qualifies as Idaho Residency below.
Almost all CTMBA students with a 3.0+ undergraduate GPA are granted in-state tuition automatically at the time of admission due to scholarships or alternative funding! See the program’s tuition and fees here.
Financial Aid (Federal Loans)
Federal student loans are available to US citizens and permanent residents. Typically, graduate students are eligible for two types of loans:
- Direct Unsubsidized Loans are based on your discrepancy status and academic class level. Loan eligibility is not need-based. Unsubsidized loans begin accruing interest as soon as the money is disbursed (released) to pay fees. Interest rates vary each year and are fixed for the life of the loan. A FAFSA (Free Application for Federal Student Aid) is the application to request this type of loan.
- Graduate PLUS Loans are loans made to students to help pay for the remainder of education expenses not covered by other financial aid, such as unsubsidized loans. Interest rates are higher than unsubsidized loans. A credit check and separate application are required for a PLUS Loan.
To get started on your loan request:
- View Boise State Financial Aid’s webpage for Graduate Students.
- Apply early – submit your FAFSA Application online.
Be careful to submit the FAFSA for the correct academic year. The academic year begins in the fall and ends the follow summer. Example: the 24-25 FAFSA is for the fall 2024, spring 2025, and summer 2025 semesters.
Students are encouraged to submit their FAFSA no later than June 1 for the upcoming academic year (starting in the fall).*
*Graduate students must be enrolled in at least 5 credits to be eligible for financial aid (loans). CTMBA students should plan for alternative funding for their summer internship semester when they are enrolled in less than 5 credits.
Scholarships
Dean’s GEM Scholarships*
The Dean’s GEM scholarship waives non-resident tuition for admitted out-of-state and international graduate students with an overall GPA of 3.0+. See more information about these scholarships.
*All out-of-state applicants with a 3.0+ GPA will automatically be considered for these scholarships at the time of admission.
Additional Scholarships
WICHE (Out-of-State Tuition Waiver)*
The Western Interstate Commission for Higher Education (WICHE) offers the Western Regional Graduate Program (WRGP) that helps graduate students afford their education. The WRGP is an agreement among WICHE’s 16 states and territories, through which participating Western public universities allow WICHE-region students to attend select out-of-state graduate programs at a discounted price.
Learn more about if you eligible for this opportunity on the WRGP site. View WICHE’s 16 states and territories that qualify.
*All out-of-state applicants will automatically be considered for this waiver at the time of admission.
Graduate Assistantships (GAships)
Graduate Assistantships or (“GAships” or “GAs”) provide a wonderful employment opportunity to degree-seeking graduates. GAships allow qualified, admitted CTMBA students to work within various departments within the College of Business and Economics (COBE). In exchange, they receive an hourly wage and tuition assistance.
GAships waive all tuition and fees. Most GAships require 20 hours of work per week throughout the fall and spring semesters for a yearly stipend that is paid hourly. Contracts are not automatically renewed year-after-year, but students may re-apply for a GAship in their second year of the program.
GAs will work in one or more areas of COBE including:
- Academic research and support for faculty
- Tutor undergraduate students
- Teach undergraduate classes
- Support for event coordination and/or marketing of COBE through the Graduate Business Studies Office
- Support the efforts of one of our centers for business help
Here’s a quick overview of how to apply and deadlines for submission:
- February 15 – COBE offers a limited number of GAships for students. You must be accepted into the program (or close to completing your CTMBA application) by this date to start the GA application process.*
- March 1 – to apply, candidates must complete and submit the Graduate Assistantship Form by this date to be considered. Completing this form will place you in the pool to be considered for all open COBE GAships.
*Students who begin their CTMBA application after February 15, and wish to apply for a GAship, will be considered on a space-available basis.
If you’d like to apply for other University GAships outside of COBE, visit the University GAships webpage.
Military and VA Funding
View more on our Military and Veteran Services page.
Am I an Idaho Resident?
Learn more about what qualifies students for Idaho Residency (in-state-tuition).
Have questions?
Please contact the program director.