Will a Tepper School Degree Move Your Career Forward?
We understand that return on investment is a critical factor when considering graduate school. Will your commitment of time and money pay off?
The answer is yes! With advanced leadership training and a foundation in analytics, a Tepper School graduate degree positions you to make immediate impact in your field. Whether you’re pursuing business, technology, or specialized management, our programs accelerate your career and expand your opportunities. Explore our latest career outcomes to learn more.
Tuition
Graduate tuition information can be found on the Carnegie Mellon Student Financial Services site.
Financial Aid
Together with The HUB student services center, Carnegie Mellon's Student Financial Aid Office supports the school’s goal of enrolling and graduating a diverse group of top-qualified students by facilitating the financial aid process and by serving as an educational resource to prospective and current students.
More about the financial aid process for graduate students
Scholarships
At the Tepper School, we believe in making graduate business education more accessible and investing in our students.
All Online Hybrid MBA students are considered for a Tepper School scholarship at the time of admission based on the overall strength of the admissions application. A separate scholarship application is not required. Students who receive a Tepper School MBA Scholarship are advised of their award when they are accepted for admission.
Discover a sample of the scholarship opportunities available through the Tepper School below.
INVESTING IN YOUR FUTURE
100% of our incoming class received financial support.
Every incoming Online Hybrid MBA student received financial support through a Tepper School scholarship or full tuition sponsorship from an employer, country, or VA benefit programs.
ONLINE HYBRID MBA SCHOLARSHIPS
$45,923
Average scholarship amount for Online Hybrid MBA students receiving Tepper School scholarships.
Yellow Ribbon Program
The Tepper School of Business at Carnegie Mellon University is a proud Yellow Ribbon Program participant. Veterans must have 100 percent Post 9/11 GI Bill eligibility; active duty service members, and their spouses using transferred entitlement, may participate in the Yellow Ribbon program. Once an individual student’s eligibility is determined by the VA certifying official at Carnegie Mellon, the Tepper School of Business Financial Aid Office determines the amount of Yellow Ribbon eligibility.
The Tepper School’s level of participation in the Yellow Ribbon Program currently covers the gap in GI Bill funding for a private institution and tuition for all Tepper School Masters programs. For payment rate information, visit the United States Department of Veteran Affairs website. This amount may vary annually as it needs to be approved each year by the Tepper School and the VA.
Additional information about Veterans’ benefits can be found on The HUB and the CMU Veterans & Military Community site.
ROMBA
Reaching Out MBA (ROMBA) is an organization dedicated to educating, inspiring and connecting business students to impact change in the classroom and workplace. The ROMBA Fellowship has been created as a joint effort between top business school programs and Reaching Out to demonstrate that business schools are outstanding opportunities for out LGBTQ+ young professionals and their active allies to build their careers.
Fellows receive access to various Reaching Out programming (including the annual conference!), mentoring and LGBTQ+ leadership opportunities, some of which are to be developed specifically for these fellows. As part of accepting the Fellowship, ROMBA fellows agree to take a national leadership role in planning content for at least one Reaching Out initiative during business school.
To be eligible for the ROMBA Fellowship, candidates must receive a minimum merit scholarship of $10,000 per year from the Tepper School of Business. (This fellowship designation does not increase your current merit scholarship.) The ROMBA Fellowship is open to anyone regardless of sex, gender, gender identity, sexual orientation, or other protected class.
Forté
As part of a select group of schools and corporations, the Tepper School partners with Forté, a non-profit working to advance women in business. Through the admissions process, exceptional MBA candidates are selected to receive Tepper School-funded Forté Fellowship. Along with the prestige of receiving this designation, Forté Fellows gain access to exclusive Forté benefits, such as skill-building workshops, leadership conferences, networking opportunities, job postings, and more.
To be eligible for the Forte Fellowship, candidates must receive a minimum merit scholarship of $20,000 per year from the Tepper School of Business. (This fellowship designation does not increase your current merit scholarship.)
The Forte Fellowship is open to all qualifying students regardless of sex, sexual orientation, gender or other identity.
Supporting Your Next Step Through Employer Affiliations
The Tepper School recognizes the investment working professionals make in continuing their education. That's why admitted Online Hybrid MBA students employed by the following participating regional and national companies automatically qualify for a minimum $10,000 scholarship.
Regional Company Affiliations
- AHN
- Alcoa
- American Eagle Outfitters
- BNY
- Covestro
- Dick’s Sporting Goods
- Duolingo
- Eaton
- EOG Resources
- Highmark
- MSA
- Pitt Ohio
- PNC
- PPG
- SAE International
- Sheetz
- UPMC
- Westinghouse
National Company Affiliations
- Amazon
- Apple
- AT&T
- Boeing
- Cisco
- Citadel
- Deloitte
- Emerson
- Exxon
- Goldman Sachs
- Home Depot
- JP Morgan
- Linde
- Lockheed Martin
- McKesson
- Microsoft
- MIT Lincoln Lab
- NextEra
- Northrup Grumman Corporation
- Phillips
- Pratt & Whitney
- Proctor & Gamble
- Propulsion Technologies International
- PwC
- Raytheon
- RTX Collins Aerospace
- Stryker
- Target
- Thermo Fisher
- USAA
Eligibility
If you are eligible for more than one scholarship from the Tepper School, you may not be eligible to receive the minimum award for the additional scholarship(s). Your full scholarship amount will be outlined in your admissions offer letter.
Scholarships may be reduced or rescinded for any of the following reasons:
- Each scholarship offered is tied to that particular degree program and will need to be reconsidered if you apply to a different degree program.
- Deferment of offer of admission
- Failure to make satisfactory academic progress
- You are ineligible because your application for admission contained inaccurate information (e.g., your prior experience, partner affiliation or citizenship status stated in your application is inaccurate).
- Financial aid overaward*
*Total scholarship from all sources may not exceed the cost of tuition and fees.
We're always looking to expand our network of participating employers. If you're interested in having your company join our scholarship affiliation program, we'd love to hear from you. Contact our Executive Director of Masters Admissions to learn more about becoming a participating employer.