Tuition & Aid

Tuition & 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.

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

Tuition

2022–2023 Academic Year

$29,515

per semester

Full-Time MBA Program

$2,012

per credit hour
Part-time MBA credit hours: 57
Part-time MSF credit hours: 30

Part-Time MBA & MSF Programs

$2,012

per credit hour
Program total: $60,360

MSF & MSA Programs

Fees & Expenses

These are estimated amounts for the 2022–2023 academic year (a period of nine months). For more information on cost of attendance, visit the Graduate Financial Aid page.

Item Cost
Graduate Student Activity Fee (7 or more credits) $63 (per semester)
Graduate Student Activity Fee (fewer than 7 credits) $37 (per semester)
Initial Boston College ID Card For Entering Students Fee $45
Medical Insurance* $3,758
Rent/Utilities $12,285
Meals $3,200
Transportation $2,020
Personal Expenses
$3,255
Books and Supplies
$1,300
* Insurance premium per student for the 2022–23 academic year. For part-time students, medical insurance is required if not provided by an employer.

Financial Aid

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.

More than ninety percent of entering full-time MBA students in 2022 received Dean’s Scholarships, with awards averaging approximately $23,000 per student. More than seventy percent of part-time MBA students entering in Fall 2022 received awards, with awards averaging around $9,000 per student.

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 Diane H. Weiss MBA ’85 Memorial Fellowship

Established by classmates of Diane H. Weiss, MBA/MSW ’85 in consultation with Ms. Weiss’ father, Warren A. Weiss. This fellowship supports a Carroll School of Management student, with first preference for a student in the MBA/MSW dual degree program and second preference for a student in the MBA program, who has a demonstrated focus on professional mission-driven initiatives.

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 scholarship assistance for a full-time graduate student in the Carroll School of Management.

The O’Brien Fellowship

Established through the generosity of global business leader and philanthropist Denis O’Brien, MBA ’82, the O’Brien Fellowship financially supports individuals pursuing a full-time MBA degree at the Boston College Carroll School of Management with an interest in the economy of Ireland or business development in Ireland.

The Prospanica Fellowship

Prospanica is a non-profit organization that seeks to empower Hispanic professionals to achieve their full educational, economic, and social potential. As a partner school of Prospanica, the Carroll School of Management offers Prospanica Fellowships to full-time and part-time MBA applicants of Hispanic heritage or individuals who have demonstrated commitment to the Hispanic community. Candidates seeking to apply for this fellowship are required to have a minimum GPA of 3.0 from either a bachelor’s or master’s degree, and must express interest in the fellowship in the essay section of their application.

The ROMBA LGBT+ Fellowship

The mission of Reaching Out MBA (ROMBA) is to increase the influence of the LGBT+ community in business by educating, inspiring, and connecting MBA students and alumni. As a ROMBA partner school, the Carroll School of Management offers the ROMBA LGBT+ Fellowship to two full-time MBA applicants. Candidates seeking to apply for this fellowship are asked to express interest in the essay section of their application.

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.  

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.

The Boston College Carroll School of Management recognizes that the leadership, teamwork, and critical-thinking skills developed through military service are excellent training for success in the business world. Many of the best candidates we have for our MBA and other graduate programs are active duty service men and women or military veterans.

The following services and resources are available to individuals with military experience.

Application Fee Waiver/Resources

To demonstrate our gratitude to military personnel and veterans, the Carroll School offers:

  • Automatic $100 application fee waiver. Please contact Graduate Admissions at cgsomapp@bc.edu before submitting your application to arrange for your waiver.
  • Commitment to making competitive merit scholarships available to qualified military personnel.
  • Automatic one-year deferment should admitted military students' plans become delayed by their service branch.
     

GI Bill® and Yellow Ribbon Program

Veterans and military personnel are eligible for financial assistance with educational expenses through the GI Bill®. Additionally, Boston College is pleased to participate in the Yellow Ribbon Program. This program is available to veterans of the U.S. Armed Forces who are eligible for the Post-9/11 GI Bill. 

For more information about these benefits, please contact VA Certifying Official Linda Malenfant at linda.malenfant@bc.edu.

For additional questions about veterans programs and services, or to get involved with the veterans community at Boston College, contact Assistant Director for Veteran Programs & Services Mike Lorenz at michael.lorenz@bc.edu.

U.S. Naval Academy Fellowship

Through the John J. McMullen Fellowship, the Carroll School may recognize exceptional candidates for the full-time MBA, MSF, or dual degree MBA/MSF programs who have graduated from the United States Naval Academy. The Fellowship awards students full tuition remission for up to two years (20 months) of graduate study.

Eligible candidates will be considered for the Fellowship through the Admission Committees review of their applications. Please direct any questions to bcmba@bc.edu.

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.

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.

Students looking to fund their education may wish to consider online resources for information on grants and scholarships.  Leading scholarship search providers include:

O’Brien Fellowship

The O’Brien Fellowship was created in 2015 by global business leader, entrepreneur, philanthropist, and humanitarian advocate Denis O’Brien, who received an MBA from Boston College in 1982. Mr. O’Brien generously created the O’Brien Fellowship in the Carroll School of Management to support full-time MBA candidates who seek to enrich the Irish business community. The Fellowship is open to students with a desire to work in Ireland following degree completion. Preference is given to students who are Irish citizens and whose academic, professional, and other accomplishments reflect the high professional and personal standards of Mr. O’Brien, one of Ireland’s most prominent entrepreneurial and philanthropic leaders.

The O’Brien Fellowship covers the full cost of attendance, including tuition, fees, books, and living expenses for two years (or the duration of the MBA program), as well as travel. Eligible candidates will receive consideration for the Fellowship during the initial application review by the Admissions Committee.

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Ph.D. Financial Support

The pursuit of a doctoral degree is a significant investment of time, energy, and of course financial resources. Boston College provides financial support for its doctoral students to ensure that earning a Ph.D. from BC is a worthwhile investment in your future.

The current level of financial support for Ph.D. students in the Carroll School of Management includes full tuition remission for all required coursework, as well as a competitive stipend of up to $38,000 USD per year, effective September 1, 2022. Students in good standing may receive this support for a maximum of five years.

In return for this support, students serve as research and/or teaching assistants throughout the duration of their Ph.D. programs. This support is based on the fact that students are expected to devote their full energies to the Ph.D. program during the entire calendar year. 

Note that assistantship requirements vary for each program, so please visit the "Research and Teaching Assistantship Requirement" sections in the individual Ph.D. program pages for further details.

For more information, email the Office of Graduate Admissions or call us at 617-552-3920.