Financial aid and scholarships

Scholarships for business students

The Ilitch School of Business awards over $700,000 in scholarships exclusively to business students every year. On average, 200 business students receive support from one or more of our 104 named scholarships

Scholarships are available for undergraduate and graduate business students who will be enrolled in courses in the Fall semester. Students graduating prior to Fall 2024 are not eligible to receive a scholarship. We accept applications for private scholarships once per year and present the awards at our annual scholarship event in August.

Applications are now closed for Fall 2024 scholarships.

Mike Ilitch School of Business Student Emergency Fund

The Mike Ilitch School of Business offers small fund emergency support to its students on a case-by-case basis. Administered through the school's Hessler Student Success Center, this fund's goal is to assist in removing unexpected financial barriers to student success. An application and resume must be submitted for consideration. Funds are limited.

Funds may be used for tuition, fees and other educational expenses. Recipients must reapply and be reevaluated in order to receive a renewal of this award.

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.