Raymond A. Mason School of Business Online Tuition and Financial Aid

Tuition for the William & Mary online business programs and certificate is charged per credit hour, and rates vary according to your program of choice. In addition to credit hour charges, a one-time, nonrefundable graduation fee will be charged after a "Notice of Candidacy for Graduation" is filed in your final term. Other charges may apply depending on your selected program. See individual program pages for more detailed tuition information.

Financial Aid for Online Business Degrees at W&M

William & Mary and the Raymond A. Mason School of Business proudly work to connect prospective students with financial aid for the Online MBA, Online MSBA, Online Master of Accounting, Online Master’s in Marketing and Online Master’s in Finance programs, and Online Foundations in Business Analytics certificate. The William & Mary Office of Financial Aid offers the following informational resources to help you assess your financial aid options:

  • Financial Aid Resources, which contains links to several guides prepared by the Office of Financial Aid as well as to a variety of external resources
  • Financial Aid FAQs, covering questions pertaining to billing, loans and other financial aid information for current and prospective students
  • Payment Plan Information, detailing the steps involved in setting up a monthly payment plan for your W&M tuition
  • How to Apply for Aid, which offers instructions for completing the necessary forms and procedures to apply for financial aid as a W&M graduate student

Contact the W&M Office of Financial Aid at aid@wm.edu for more information about applying for financial aid as a graduate student. If you have any additional questions or concerns, please don't hesitate to contact an admissions outreach advisor at 844-234-4075 or masononline@wm.edu.

Federal Financial Aid for W&M Online Students

In addition to any private or third party tuition support and scholarship you may secure, financial aid is also available in the form of federal or private student loans. The FAFSA (Free Application for Federal Student Aid) is required for federal loan eligibility and can be filed electronically at www.fafsa.gov. To ensure we receive your FAFSA submission details, please include our federal school code: 003705.

Recommended Free Application for Federal Student Aid Deadlines:

  • For students starting in January: December 1st
  • For students starting in May: April 1st
  • For students starting in August: July 1st

Start your FAFSA

The Kyle J. Milliken Memorial Scholarship (Online MBA Only)

The Kyle J. Milliken Memorial Scholarship was created as a living memorial to honor Senior Chief Special Warfare Operator Kyle Milliken.

Senior Chief Milliken, a 15-year veteran of the U.S. Navy, was a decorated SEAL who completed seven combat deployments and multiple overseas contingency operations before he was killed in action in May 2017. In addition to his distinguished service record, Senior Chief Milliken was also a dedicated student in our Online MBA program, and we at William & Mary are proud to honor his commitments to both national security and personal development through education.

The Kyle J. Milliken Memorial Scholarship provides military students around the globe with the critical support they need while working toward a world-class management education. The scholarship is awarded to a student on active duty or military veteran who has completed at least 16 credit hours in the W&M Online MBA program.

The Milliken Scholarship application window opens in May. The scholarship recipient will be notified before the fall semester start.

Merit-Based Scholarships

All program applicants are automatically considered for merit-based scholarships—no additional application is required. Scholarships are awarded to students based on academic achievements and extracurricular activities, including work experience, leadership and professional accomplishments. 

To be considered for a merit-based scholarship, be sure to apply by the priority application deadline.

If you have any questions about the merit-based scholarships, schedule a call with an admissions outreach advisor.

Your Guide to Tuition Reimbursement

Our tuition reimbursement guide gives you the four key steps to starting a successful conversation with your employer.

Tuition and Financial Aid Contacts

To learn more about financial aid opportunities that may be available through your employer, the U.S. military or student loans, please contact one of the following representatives:

General financial aid information (other than military or VA): Contact Graduate Student Liaison Jen Meier at 757-221-2426 or jmmeie@wm.edu

Military tuition reimbursement: Contact Student accounts at 757-221-1220 or bursar@wm.edu

VA benefits (including new GI Bill): Contact Carolyn Ward at 757-221-2893 or vabenefits@wm.edu

W&M Student Accounts Information

Please visit the W&M Student Accounts website for further information pertaining to financial aid refunds, 1098-T forms (sent to students who have paid qualified educational expenses) and other financial information related to your W&M student accounts.

*NOTE: William & Mary tuition waiver benefits are not eligible for use in our Online MBA program.

Interested in Our Online Programs?

Feb
21

Priority Application Deadline

February 21st
Summer 2025 Term
Apr
4

Application Deadline

April 4th
Summer 2025 Term
May
5

Next Start

May 5th
Summer 2025 Term

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