Courtesy University of Tulsa

Top B-Schools With the Best Financial Aid

  1. Tulsa Leads the Pack
    1

    Tulsa Leads the Pack

    With the cost of college on the rise, financial aid has never been more important. But which schools offer the most generous aid? In an attempt to answer that question, Bloomberg Businessweek looked at the financial aid packages awarded by the colleges that are home to our top 50 undergraduate business programs. We focused on the discount rate—or the amount of total costs covered by aid, specifically institutional scholarships and grants that come out of the school’s own pocket—and the number of students receiving such aid. The grants varied widely, from $3,383 at Brigham Young University to nearly 10 times that amount at the University of Richmond, while the percentage of students getting grants ranged from one in six (James Madison University) to virtually everyone (Rensselaer Polytechnic Institute). At top-ranked University of Tulsa, 93 percent of students received institutional grants that averaged $16,764 in 2010-11, covering nearly 40 percent of total expenses.

    Methodology: The ranking is based on the percentage of costs covered by the average institutional scholarship or grant and the percentage of all full-time beginning undergraduate students receiving such awards in 2010-11. The factors are equally weighted. Total costs include in-state tuition and fees, books and supplies, on-campus room and board, and other expenses. Information on scholarships and grants awarded to business students is for 2011-12. It is self-reported by schools and is for informational purposes only.

    Data: National Center for Education Statistics

    Courtesy University of Tulsa
  2. 1. University of Tulsa
    2

    1. University of Tulsa

    Collins College of Business

    Best B-Schools Rank: 47

    Average Institutional Grants: $16,764
    Total Expenses: $43,477
    Costs Covered by Grants: 38.6%
    Students Receiving Grants: 93%

    Business Students Receiving Grants: 70%
    Business Students With Full-Tuition Scholarships: 10%

    Courtesy University of Tulsa
  3. 2. Rensselaer Polytechnic University
    3

    2. Rensselaer Polytechnic University

    Lally School of Management & Technology

    Best B-Schools Rank: 44

    Average Institutional Grants: $17,933
    Total Expenses: $54,035
    Costs Covered by Grants: 33.2%
    Students Receiving Grants: 96%

    Business Students Receiving Grants: 90%
    Business Students With Full-Tuition Scholarships: 8%

    Courtesy Rensselaer Polytechnic University
  4. 3. Fordham University
    4

    3. Fordham University

    Gabelli School of Business

    Best B-Schools Rank: 49

    Average Institutional Grants: $17,518
    Total Expenses: $56,454
    Costs Covered by Grants: 31%
    Students Receiving Grants: 91%

    Business Students Receiving Grants: 70%
    Business Students With Full-Tuition Scholarships: NA
    Courtesy Fordham University
  5. 4. Case Western Reserve University
    5

    4. Case Western Reserve University

    Weatherhead School of Management

    Best B-Schools Rank: 36

    Average Institutional Grants: $23,163
    Total Expenses: $52,073
    Costs Covered by Grants: 44.5%
    Students Receiving Grants: 76%

    Business Students Receiving Grants: 50%
    Business Students With Full-Tuition Scholarships: 0%

    Courtesy Case Western University
  6. 5. Massachusetts Institute of Technology
    6

    5. Massachusetts Institute of Technology

    Sloan School of Management

    Best B-Schools Rank: 6

    Average Institutional Grants: $31.369
    Total Expenses: $53,210
    Costs Covered by Grants: 59%
    Students Receiving Grants: 61%

    Business Students Receiving Grants: 58%
    Business Students With Full-Tuition Scholarships: 22%
    Courtesy MIT
  7. 6. University of Richmond
    7

    6. University of Richmond

    Robins School of Business

    Best B-Schools Rank: 15

    Average Institutional Grants: $33,374
    Total Expenses: $52,460
    Costs Covered by Grants: 63.6%
    Students Receiving Grants: 56%

    Business Students Receiving Grants: 61%
    Business Students With Full-Tuition Scholarships: 16%
    Courtesy Richmond University
  8. 7. Santa Clara University
    8

    7. Santa Clara University

    Leavey School of Business

    Best B-Schools Rank: 35

    Average Institutional Grants: $16,883
    Total Expenses: $53,709
    Costs Covered by Grants: 31.4%
    Students Receiving Grants: 87%

    Business Students Receiving Grants: 68%
    Business Students With Full-Tuition Scholarships: 11%
    Courtesy Santa Clara University
  9. 8. Southern Methodist University
    9

    8. Southern Methodist University

    Cox School of Business

    Best B-Schools Rank: 30

    Average Institutional Grants: $21,687
    Total Expenses: $53,285
    Costs Covered by Grants: 40.7%
    Students Receiving Grants: 77%

    Business Students Receiving Grants: 79%
    Business Students With Full-Tuition Scholarships: 3%
    Courtesy Southern Methodist University
  10. 9. Butler University
    10

    9. Butler University

    College of Business

    Best B-Schools Rank: 48

    Average Institutional Grants: $13,006
    Total Expenses: $43,838
    Costs Covered by Grants: 29.7%
    Students Receiving Grants: 88%

    Business Students Receiving Grants: 83%
    Business Students With Full-Tuition Scholarships: 1%
    Courtesy Butler
  11. 10. Northeastern University
    11

    10. Northeastern University

    College of Business Administration

    Best B-Schools Rank: 27

    Average Institutional Grants: $18,049
    Total Expenses: $51,902
    Costs Covered by Grants: 34.8%
    Students Receiving Grants: 80%

    Business Students Receiving Grants: 58%
    Business Students With Full-Tuition Scholarships: 3%
    Courtesy North Eastern University
  12. 11.Bentley University
    12

    11.Bentley University

    Undergraduate Business Program

    Best B-Schools Rank: 29

    Average Institutional Grants: $21,760
    Total Expenses: $51,473
    Costs Covered by Grants: 42.3%
    Students Receiving Grants: 68%

    Business Students Receiving Grants: 60%
    Business Students With Full-Tuition Scholarships: 2%
    Courtesy Bently
  13. 12. University of Notre Dame
    13

    12. University of Notre Dame

    Mendoza College of Business

    Best B-Schools Rank: 1

    Average Institutional Grants: $27,329
    Total Expenses: $53,239
    Costs Covered by Grants: 51.3%
    Students Receiving Grants: 57%

    Business Students Receiving Grants: 37%
    Business Students With Full-Tuition Scholarships: 4%
    Courtesy University of Notre Dame
  14. 13. Cornell University
    14

    13. Cornell University

    Dyson School of Applied Economics & Management

    Best B-Schools Rank: 3

    Average Institutional Grants: $30,529
    Total Expenses: $54,676
    Costs Covered by Grants: 55.8%
    Students Receiving Grants: 51%

    Business Students Receiving Grants: 42%
    Business Students With Full-Tuition Scholarships: 19%
    Courtesy Cornell University
  15. 14. University of Pennsylvania
    15

    14. University of Pennsylvania

    Wharton School

    Best B-Schools Rank: 4

    Average Institutional Grants: $32,194
    Total Expenses: $55,250
    Costs Covered by Grants: 58.3%
    Students Receiving Grants: 48%

    Business Students Receiving Grants: 43%
    Business Students With Full-Tuition Scholarships: 18%
    Courtesy University of Pennsylvania
  16. 15. University of San Diego
    16

    15. University of San Diego

    School of Business Administration

    Best B-Schools Rank: 40

    Average Institutional Grants: $18,184
    Total Expenses: $53,573
    Costs Covered by Grants: 33.9%
    Students Receiving Grants: 72%

    Business Students Receiving Grants: 80%
    Business Students With Full-Tuition Scholarships: 7%
    Courtesy University of San Diego
  17. 16. University of Southern California
    17

    16. University of Southern California

    Marshall School of Business

    Best B-Schools Rank: 33

    Average Institutional Grants: $24,811
    Total Expenses: $55,578
    Costs Covered by Grants: 44.6%
    Students Receiving Grants: 61%

    Business Students Receiving Grants: NA
    Business Students With Full-Tuition Scholarships: NA
    Courtesy University of Southern California
  18. 17.  University of Arizona
    18

    17. University of Arizona

    Eller College of Management

    Best B-Schools Rank: 42

    Average Institutional Grants: $7,071
    Total Expenses: $22,380
    Costs Covered by Grants: 31.6%
    Students Receiving Grants: 71%

    Business Students Receiving Grants: 49%
    Business Students With Full-Tuition Scholarships: 12%
    Courtesy University of Arizona
  19. 18. Emory University
    19

    18. Emory University

    Goizueta Business School

    Best B-Schools Rank: 5

    Average Institutional Grants: $25,635
    Total Expenses: $53,556
    Costs Covered by Grants: 47.9%
    Students Receiving Grants: 53%

    Business Students Receiving Grants: 37%
    Business Students With Full-Tuition Scholarships: 8%
    Courtesy Emory University
  20. 19. Lehigh University
    20

    19. Lehigh University

    College of Business & Economics

    Best B-Schools Rank: 31

    Average Institutional Grants: $26,036
    Total Expenses: $52,520
    Costs Covered by Grants: 49.6%
    Students Receiving Grants: 51%

    Business Students Receiving Grants: 38%
    Business Students With Full-Tuition Scholarships: 0%
    Courtesy Leigh University
  21. 20.  Georgetown University
    21

    20. Georgetown University

    McDonough School of Business

    Best B-Schools Rank: 14

    Average Institutional Grants: $28,770
    Total Expenses: $56,485
    Costs Covered by Grants: 50.9%
    Students Receiving Grants: 49%

    Business Students Receiving Grants: 41%
    Business Students With Full-Tuition Scholarships: 12%
    Courtesy Georgetown University
  22. 21. Boston College
    22

    21. Boston College

    Carroll School of Management

    Best B-Schools Rank: 9

    Average Institutional Grants: $29,050
    Total Expenses: $54,624
    Costs Covered by Grants: 53.2%
    Students Receiving Grants: 46%

    Business Students Receiving Grants: 30%
    Business Students With Full-Tuition Scholarships: 7%
    Courtesy Boston College
  23. 22. Boston University
    23

    22. Boston University

    School of Management

    Best B-Schools Rank: 18

    Average Institutional Grants: $23,635
    Total Expenses: $54,836
    Costs Covered by Grants: 43.1%
    Students Receiving Grants: 55%

    Business Students Receiving Grants: 42%
    Business Students With Full-Tuition Scholarships: 4%
    Courtesy Boston University
  24. 23. Texas Christian University
    24

    23. Texas Christian University

    Neeley School of Business

    Best B-Schools Rank: 28

    Average Institutional Grants: $13,351
    Total Expenses: $43,050
    Costs Covered by Grants: 31%
    Students Receiving Grants: 67%

    Business Students Receiving Grants: 40%
    Business Students With Full-Tuition Scholarships: 1%
    Courtesy Texas Christian University
  25. 24. Babson College
    25

    24. Babson College

    Undergraduate Business Program

    Best B-Schools Rank: 34

    Average Institutional Grants: $25,655
    Total Expenses: $54,666
    Costs Covered by Grants: 46.9%
    Students Receiving Grants: 49%

    Business Students Receiving Grants: 46%
    Business Students With Full-Tuition Scholarships: 5%
    Courtesy Babson University
  26. 25. Carnegie Mellon University
    26

    25. Carnegie Mellon University

    Tepper School of Business

    Best B-Schools Rank: 20

    Average Institutional Grants: $21,430
    Total Expenses: $55,286
    Costs Covered by Grants: 38.8%
    Students Receiving Grants: 57%

    Business Students Receiving Grants: 50%
    Business Students With Full-Tuition Scholarships: 0%
    Courtesy Carnegie Melon University
  27. 26. Wake Forest University
    27

    26. Wake Forest University

    Schools of Business

    Best B-Schools Rank: 19

    Average Institutional Grants: $26,156
    Total Expenses: $54,135
    Costs Covered by Grants: 48.3%
    Students Receiving Grants: 47%

    Business Students Receiving Grants: 42%
    Business Students With Full-Tuition Scholarships: 5%
    Courtesy Wake Forest University
  28. 27. University of Michigan
    28

    27. University of Michigan

    Ross School of Business

    Best B-Schools Rank: 7

    Average Institutional Grants: $10,851
    Total Expenses: $24,167
    Costs Covered by Grants: 44.9%
    Students Receiving Grants: 47%

    Business Students Receiving Grants: 38%
    Business Students With Full-Tuition Scholarships: 0%
    Courtesy Michigan University
  29. 28. Villanova University
    29

    28. Villanova University

    School of Business

    Best B-Schools Rank: 13

    Average Institutional Grants: $21,596
    Total Expenses: $53,020
    Costs Covered by Grants: 40.7%
    Students Receiving Grants: 49%

    Business Students Receiving Grants: 50%
    Business Students With Full-Tuition Scholarships: 7%
    Courtesy Villanova University
  30. 29. Washington University in St. Louis
    30

    29. Washington University in St. Louis

    Olin Business School

    Best B-Schools Rank: 8

    Average Institutional Grants: $23,992
    Total Expenses: $56,930
    Costs Covered by Grants: 42.1%
    Students Receiving Grants: 45%

    Business Students Receiving Grants: 41%
    Business Students With Full-Tuition Scholarships: NA
    Courtesy Washington University
  31. 30. Miami University
    31

    30. Miami University

    Farmer School of Business

    Best B-Schools Rank: 23

    Average Institutional Grants: $5,702
    Total Expenses: $29,082
    Costs Covered by Grants: 19.6%
    Students Receiving Grants: 67%

    Business Students Receiving Grants: 65%
    Business Students With Full-Tuition Scholarships: 3%
    Courtesy University of Miami
  32. 31. University of North Carolina, Chapel Hill
    32

    31. University of North Carolina, Chapel Hill

    Kenan-Flagler Business School

    Best B-Schools Rank: 10

    Average Institutional Grants: $7,946
    Total Expenses: $20,305
    Costs Covered by Grants: 39.1%
    Students Receiving Grants: 46%

    Business Students Receiving Grants: 48%
    Business Students With Full-Tuition Scholarships: 26%
    Courtesy University of North Carolina
  33. 32. University of Virginia
    33

    32. University of Virginia

    McIntire School of Commerce

    Best B-Schools Rank: 2

    Average Institutional Grants: $12,823
    Total Expenses: $22,535
    Costs Covered by Grants: 56.9%
    Students Receiving Grants: 27%

    Business Students Receiving Grants: 20%
    Business Students With Full-Tuition Scholarships: 9%
    Courtesy University of Virginia
  34. 33. Indiana University
    34

    33. Indiana University

    Kelley School of Business

    Best B-Schools Rank: 16

    Average Institutional Grants: $7,526
    Total Expenses: $20,990
    Costs Covered by Grants: 35.9%
    Students Receiving Grants: 47%

    Business Students Receiving Grants: 60%
    Business Students With Full-Tuition Scholarships: 2%
    Courtesy Indiana University
  35. 34. New York University
    35

    34. New York University

    Stern School of Business

    Best B-Schools Rank: 12

    Average Institutional Grants: $15,720
    Total Expenses: $56,700
    Costs Covered by Grants: 27.7%
    Students Receiving Grants: 54%

    Business Students Receiving Grants: 53%
    Business Students With Full-Tuition Scholarships: NA
    Courtesy New York University
  36. 35. University of California, Berkeley
    36

    35. University of California, Berkeley

    Haas School of Business

    Best B-Schools Rank: 11

    Average Institutional Grants: $8,506
    Total Expenses: $31,054
    Costs Covered by Grants: 27.4%
    Students Receiving Grants: 53%

    Business Students Receiving Grants: NA
    Business Students With Full-Tuition Scholarships: NA
    Courtesy University of California Berkely
  37. 36. University of Maryland
    37

    36. University of Maryland

    Smith School of Business

    Best B-Schools Rank: 38

    Average Institutional Grants: $6,344
    Total Expenses: $22,263
    Costs Covered by Grants: 28.5%
    Students Receiving Grants: 51%

    Business Students Receiving Grants: 37%
    Business Students With Full-Tuition Scholarships: 2%
    Courtesy Maryland University
  38. 37. Texas A&M University
    38

    37. Texas A&M University

    Mays Business School

    Best B-Schools Rank: 39

    Average Institutional Grants: $5,457
    Total Expenses: $20,521
    Costs Covered by Grants: 26.6%
    Students Receiving Grants: 52%

    Business Students Receiving Grants: 38%
    Business Students With Full-Tuition Scholarships: 7%
    Courtesy Texas A&M University
  39. 38. Elon University
    39

    38. Elon University

    Love School of Business

    Best B-Schools Rank: 43

    Average Institutional Grants: $9,461
    Total Expenses: $38,975
    Costs Covered by Grants: 24.3%
    Students Receiving Grants: 52%

    Business Students Receiving Grants: 29%
    Business Students With Full-Tuition Scholarships: 0%
    Courtesy Elon University
  40. 39. College of William & Mary
    40

    39. College of William & Mary

    Mason School of Business

    Best B-Schools Rank: 25

    Average Institutional Grants: $11,608
    Total Expenses: $23,722
    Costs Covered by Grants: 48.9%
    Students Receiving Grants: 27%

    Business Students Receiving Grants: 38%
    Business Students With Full-Tuition Scholarships: 9%
    Courtesy William & Mary
  41. 40. University of Minnesota
    41

    40. University of Minnesota

    Carlson School of Management

    Best B-Schools Rank: 41

    Average Institutional Grants: $3,808
    Total Expenses: $23,058
    Costs Covered by Grants: 16.5%
    Students Receiving Grants: 59%

    Business Students Receiving Grants: 58%
    Business Students With Full-Tuition Scholarships: 3%
    Courtesy University of Minnesota
  42. 41. Purdue University
    42

    41. Purdue University

    Krannert School of Management

    Best B-Schools Rank: 45

    Average Institutional Grants: $5,405
    Total Expenses: $21,820
    Costs Covered by Grants: 24.8%
    Students Receiving Grants: 43%

    Business Students Receiving Grants: 26%
    Business Students With Full-Tuition Scholarships: 1%
    Courtesy Purdue University
  43. 42. University of Texas, Austin
    43

    42. University of Texas, Austin

    McCombs School of Business

    Best B-Schools Rank: 17

    Average Institutional Grants: $4,112
    Total Expenses: $24,026
    Costs Covered by Grants: 17.1%
    Students Receiving Grants: 46%

    Business Students Receiving Grants: 19%
    Business Students With Full-Tuition Scholarships: 2%
    Courtesy University of Texas at Austin
  44. 43. Brigham Young University
    44

    43. Brigham Young University

    Marriott School of Management

    Best B-Schools Rank: 21

    Average Institutional Grants: $3,383
    Total Expenses: $16,340
    Costs Covered by Grants: 20.7%
    Students Receiving Grants: 42%

    Business Students Receiving Grants: 62%
    Business Students With Full-Tuition Scholarships: 15%
    Courtesy Bringham Young University
  45. 44. University of Illinois, Urbana-Champaign
    45

    44. University of Illinois, Urbana-Champaign

    College of Business

    Best B-Schools Rank: 26

    Average Institutional Grants: $5,572
    Total Expenses: $26,538
    Costs Covered by Grants: 21%
    Students Receiving Grants: 40%

    Business Students Receiving Grants: 31%
    Business Students With Full-Tuition Scholarships: 4%
    Courtesy University of Illinois
  46. 45. University of Wisconsin, Madison
    46

    45. University of Wisconsin, Madison

    School of Business

    Best B-Schools Rank: 24

    Average Institutional Grants: $4,370
    Total Expenses: $21,258
    Costs Covered by Grants: 20.6%
    Students Receiving Grants: 40%

    Business Students Receiving Grants: 46%
    Business Students With Full-Tuition Scholarships: 3%
    Courtesy University of Wisconsin
  47. 46. Georgia Institute of Technology
    47

    46. Georgia Institute of Technology

    Scheller College of Business

    Best B-Schools Rank: 37

    Average Institutional Grants: $5,995
    Total Expenses: $19,962
    Costs Covered by Grants: 30%
    Students Receiving Grants: 29%

    Business Students Receiving Grants: 22%
    Business Students With Full-Tuition Scholarships: 7%
    Courtesy Georgia Institue of Technology
  48. 47. University of Florida
    48

    47. University of Florida

    Warrington College of Business Administration

    Best B-Schools Rank: 46

    Average Institutional Grants: $3,729
    Total Expenses: $17,874
    Costs Covered by Grants: 20.9%
    Students Receiving Grants: 32%

    Business Students Receiving Grants: 41%
    Business Students With Full-Tuition Scholarships: NA
    Courtesy University of Florida
  49. 48. Pennsylvania State University
    49

    48. Pennsylvania State University

    Smeal College of Business

    Best B-Schools Rank: 22

    Average Institutional Grants: $6,234
    Total Expenses: $29,684
    Costs Covered by Grants: 21%
    Students Receiving Grants: 29%

    Business Students Receiving Grants: 26%
    Business Students With Full-Tuition Scholarships: 2%
    Courtesy Pennsylvania State University
  50. 49. University of Georgia
    50

    49. University of Georgia

    Terry College of Business

    Best B-Schools Rank: 50

    Average Institutional Grants: $5,308
    Total Expenses: $19,736
    Costs Covered by Grants: 26.9%
    Students Receiving Grants: 20%

    Business Students Receiving Grants: 71%
    Business Students With Full-Tuition Scholarships: 67%
    Courtesy University of Georgia
  51. 50. James Madison University
    51

    50. James Madison University

    College of Business

    Best B-Schools Rank: 32

    Average Institutional Grants: $5,205
    Total Expenses: $20,402
    Costs Covered by Grants: 25.5%
    Students Receiving Grants: 16%

    Business Students Receiving Grants: 7%
    Business Students With Full-Tuition Scholarships: 1%
    Courtesy James Madison University