SCHOLARSHIP RATES AT P&Q RANKED BUSINESS PROGRAMS
If the cost of a quality business degree seems out of reach, remember that sticker price is rarely the amount a student pays.
Scholarships and grants can make a huge difference in the real cost of a business degree, especially at schools that prioritize merit and need-based aid. In fact, nearly all of the 104 ranked undergraduate business schools in P&Q’s 2025 ranking report offering some level of scholarship support to incoming students. The percentage of students receiving scholarships varies widely by school, as does the average amount awarded.
Take the University of Denver’s Daniels College of Business, for example. There, 100% of Fall 2024 business admits who enrolled and stayed past Week 3 received at least one institutional scholarship. The average financial aid package – excluding loans and private or athletic scholarships – was$37,241. That reflects a broader trend: schools are increasingly using aid to attract top talent and boost access.
While scholarship data is not figured in our ranking methodology, we ask schools to report the data to help prospective students evaluate target programs. We asked schools to provide the percentage of incoming Fall 2024 business students that received scholarship support including merit- and need-based federal, state, institutional, and external grants and scholarships. (It does not include not include work study, loans, or athletic scholarships.) We also asked for the average scholarship package for these students.
The chart below shows the school-reported data for both these questions at each P&Q ranked program.
2025 Rank
|
School
|
% Receiving Scholarship
|
Average $$
|
| 1 |
University of Pennsylvania (Wharton) |
51.0% |
$53,233 |
| 2 |
Cornell University (Dyson SC Johnson) |
61.0% |
$47,490 |
| 3 |
University of Southern California (Marshall) |
NR |
NR |
| 4 |
Georgetown University (McDonough) |
31.5% |
$47,780.00 |
| 4 |
University of Virginia (McIntire) |
37.0% |
34,253 |
| 5 |
New York University (Stern) |
24.2% |
$61,294.00 |
| 6 |
Washington University in St. Louis (Olin) |
57.1% |
$67,840.72 |
| 7 |
University of Notre Dame (Mendoza) |
67.3% |
$45,642.00 |
| 8 |
Emory University (Goizueta) |
35.0% |
$51,933 |
| 9 |
University of North Carolina (Kenan-Flagler) |
49.6% |
$13,889.00 |
| 10 |
Carnegie Mellon University (Tepper) |
37.0% |
$41,147.00 |
| 11 |
University of Michigan (Ross) |
59.0% |
$18,480 |
| 12 |
Villanova University |
NR |
NR |
| 13 |
Northeastern University (D’Amore-McKim) |
52.0% |
$44,408 |
| 15 |
Georgia Institute of Technology (Scheller) |
18.0% |
NR |
| 16 |
Boston University (Questrom) |
39.8% |
$64,573 |
| 17 |
University of Richmond (Robins) |
54.0% |
$52,734 |
| 18 |
Wake Forest University |
31.0% |
$9,687.00 |
| 19 |
University of Illinois (Gies) |
54.0% |
NR |
| 20 |
William & Mary (Mason) |
24.2% |
$26,819 |
| 21 |
University of Miami (Herbert) |
71.2% |
$31,793.68 |
| 22 |
University of Wisconsin-Madison |
38.0% |
$16,710.00 |
| 23 |
Indiana University (Kelley) |
96.3% |
$9,946 |
| 24 |
University of Minnesota (Carlson) |
62.4% |
$13,900 |
| 25 |
Bucknell University (Freeman) |
38.0% |
$39,245 |
| 26 |
Lehigh University |
49.5% |
$49,610.81 |
| 27 |
Trinity University (Neidorff) |
47.0% |
$45,982 |
| 28 |
Texas Christian University (Neeley) |
69.0% |
$32,242 |
| 29 |
Fordham University (Gabelli) |
95.2% |
$33,455 |
| 30 |
Southern Methodist University (Cox) |
NR |
NR |
| 31 |
Binghamton University |
NR |
NR |
| 32 |
University of Washington (Foster) |
64.0% |
$1,636 |
| 33 |
University of Georgia (Terry) |
72.0% |
$11,125 |
| 34 |
University of Pittsburgh |
NR |
NR |
| 35 |
Tulane University (Freeman) |
45.5% |
$32,480.00 |
| 36 |
Purdue University (Daniels) |
NR |
NR |
| 37 |
Fairfield University (Dolan) |
97.0% |
$25,207 |
| 38 |
Elon University (Love) |
78.0% |
$19,325.00 |
| 39 |
Syracuse University (Whitman) |
66.0% |
$29,129 |
| 40 |
University of Houston (Bauer) |
80.4% |
$12,910 |
| 41 |
University of Massachusetts at Amherst (Isenberg) |
78.0% |
$2,209 |
| 42 |
Worcester Polytechnic Institute |
NR |
$30,529 |
| 43 |
Providence College |
53.8% |
$34,439 |
| 44 |
Rutgers Business School – New Brunswick |
33.5% |
$14,483 |
| 45 |
Miami University (Farmer) |
93.0% |
NR |
| 46 |
Lipscomb University |
98.5% |
$13,253.10 |
| 47 |
Brigham Young University (Marriott) |
32.0% |
$4,618 |
| 48 |
Butler University (Lacy) |
97.0% |
$28,700 |
| 49 |
University of Dayton |
96.6% |
$33,329.00 |
| 50 |
Texas A&M University (Mays) |
60.5% |
$5,693 |
| 51 |
Bryant University |
99.9% |
$30,701 |
| 52 |
University of Delaware (Lerner) |
98.5% |
$13,679 |
| 53 |
The College of New Jersey |
41.0% |
$3,470 |
| 54 |
University of Tennessee (Haslam) |
91.4% |
$5,299 |
| 55 |
Loyola Marymount University |
NR |
NR |
| 56 |
University of San Diego (Knauss) |
87.0% |
$44,642 |
| 57 |
University of South Carolina (Darla Moore) |
91.8% |
$5,307.43 |
| 58 |
University of New Hampshire (Paul) |
96.0% |
$12,285 |
| 59 |
Hofstra University (Zarb) |
97.0% |
$35,043 |
| 60 |
Rochester Institute of Technology (Saunders) |
100.0% |
$38,163 |
| 61 |
Florida Southern College (Barnett) |
NR |
NR |
| 62 |
University of St. Thomas (Opus) |
100.0% |
NR |
| 63 |
University of Connecticut |
67.0% |
$17,007 |
| 64 |
St. John’s University (Tobin) |
100.0% |
$35,528 |
| 65 |
Duquesne University (Palumbo Donahue) |
98.0% |
$30,784 |
| 66 |
Seton Hall University (Stillman) |
99.8% |
$30,901.28 |
| 67 |
Saint Louis University (Chaifetz) |
99.6% |
$42,417.35 |
| 68 |
Michigan State University (Broad) |
NR |
NR |
| 69 |
Drexel University (LeBow) |
100.0% |
35,550.73 |
| 70 |
University of Texas at Dallas (Jindal) |
NR |
NR |
| 71 |
University of Missouri-Columbia (Trulaske) |
NR |
NR |
| 72 |
Hult International Business School |
NR |
NR |
| 73 |
Iona University (LaPenta) |
99.0% |
NR |
| 74 |
Towson University |
53.3% |
$10,659.32 |
| 75 |
Texas State University (McCoy) |
47.0% |
$7,393 |
| 76 |
Marian University (Indianapolis) |
95.0% |
$26,838 |
| 77 |
Seattle University (Albers) |
96.0% |
$12,000 |
| 78 |
Roger Williams University (Gabelli) |
100.0% |
$28,186 |
| 79 |
Ohio University |
91.0% |
$6,922 |
| 80 |
Rutgers Business School – Newark |
68.1% |
$15,912 |
| 81 |
University of Denver (Daniels) |
100.0% |
$37,241 |
| 82 |
Ithaca College |
100.0% |
$29,681.00 |
| 83 |
Bowling Green State University (Schmidthorst) |
87.2% |
$9,493.96 |
| 84 |
University of Mary Washington |
100.0% |
$11,421 |
| 85 |
Sacred Heart University |
100.0% |
$23,035.00 |
| 86 |
University of the Pacific (Eberhardt) |
95.8% |
$34,000 |
| 87 |
University of North Carolina-Wilmington (Cameron) |
36.8% |
NR |
| 88 |
Florida International University |
55.0% |
$1,962 |
| 89 |
Texas Tech University (Rawls) |
92.0% |
$3,004.00 |
| 90 |
University of Michigan-Dearborn |
40.0% |
$3,021.00 |
| 91 |
Saint Joseph’s University (Haub) |
98.0% |
$34,584.00 |
| 92 |
Rensselaer Polytechnic Institute (Lally) |
99.0% |
$21,378 |
| 93 |
American University (Kogod) |
68.0% |
$35,267 |
| 94 |
University of Kentucky (Gatton) |
96.5% |
$9,113 |
| 95 |
University of Akron |
95.8% |
$2,829.65 |
| 96 |
Oregon State University |
68.0% |
$3,983 |
| 97 |
San Jose State University (Lucas) |
NR |
NR |
| 98 |
Northern Illinois University |
88.0% |
$6,497.00 |
| 99 |
Iowa State University (Ivy) |
55.0% |
$2,805 |
| 100 |
University of Kansas |
96.0% |
$10,277 |
| 101 |
San Diego State University (Fowler) |
21.4% |
$2,688 |
| 102 |
Adelphi University (Willumstad) |
96.0% |
$16,146.00 |
| 103 |
University of Texas at Arlington |
78.9% |
$3,363 |
| 104 |
Kennesaw State University (Coles) |
88.0% |
$4,311.00 |
DON’T MISS THESE STORIES IN OUR 2025 RANKING PACKAGE
© Copyright 2026 Poets & Quants. All rights reserved. This article may not be republished, rewritten or otherwise distributed without written permission. To reprint or license this article or any content from Poets & Quants, please submit your request HERE.
