Financial aid and scholarships

Scholarships for business students

Did you know the Mike Ilitch School of Business awards over $660,000 in scholarships exclusively to business students every year? On average, roughly 200 business students receive support from one or more of our 104 named scholarships

Scholarships are only available for undergraduate and graduate business students who will be enrolled in courses in both the Fall 2024 and Winter 2025 semesters. Students graduating prior to Fall 2024 are not eligible to recieve a scholarship.

We accept applications for private scholarships once per year and present the awards at our annual scholarship event in August. 

The scholarship application will open in January of 2024, and will be available on this page.

Mike Ilitch School of Business Student Emergency Fund

Undergraduate or graduate students currently enrolled in the Mike Ilitch School of Business who have outstanding or prior term student account balances that are preventing them from registering may apply for this scholarship ($750 maximum amount) through the Ilitch School's Frederick Hessler Student Success Center. Funds may be used for tuition, fees and other educational expenses. Recipients may renew this award provided they continue to meet all criteria in this agreement, but renewal of this award is not automatic. Recipients must reapply and be reevaluated in order to receive a renewal of this award. You must submit a current resume as part of the application process.

Other WSU resources

Ilitch School scholarships are offered in addition to the $350 million in need- and merit-based funding offered through Wayne State University's Office of Student Financial Aid and the Graduate School.

External resources

Wayne State students often qualify for awards from external organizations and we encourage you to pursue all opportunities. 

Free scholarship search sites

Scholarship Scams

Be aware of the tactics companies use to convince students to utilize their services.