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Financial aid and scholarships

An affordable business school education 

At the Mike Ilitch School of Business, we strive to make our hands-on education accessible to all our students. We provide more than $750,000+ in scholarships exclusively to business students every year, and about 200 business students receive awards. Learn more about financial aid and scholarships at the Ilitch School. 

Application process

The Wayne State University scholarship applications for the 2025-2026 academic year is now open for both undergraduate and graduate students. 100+ Ilitch School named scholarships are available through this portal. The deadline to apply for scholarships is March 3, 2025. 

Scholarships may have financial need criteria and, for those scholarships, domestic students must complete a FAFSA to receive scholarship and/or financial aid. 

WSU scholarship Universe

Click the button above and follow the steps below to begin your application today!

  1. Log in to Scholarship Universe with your access ID and password.
  2. Select "Scholarships" from the left-hand menu 
  3. Click the “Filter” option.
  4. Click on "Organization" field, and select or type in "Mike Ilitch School of Business."
  5. Select the scholarship for which you would like to apply.
  6. Complete each section as prompted.
  7. Submit your application by March 3, 2025!

Scholarship applications will be reviewed following the submission deadline and students will be notified about their scholarship status before July 1, 2025.

WSU financial aid resources

As a student at the Ilitch School of Business, you can access $350 million in need- and merit-based financial aid resources offered through Wayne State University’s Office of Student Financial Aid and the Graduate School.

Explore WSU scholarships

Three male business students wearing backpacks smile together while at an Ilitch School career fair
Office of Student Financial Aid
Laura Jocque and Amy Laurin smile with their arms around each other while at an Ilitch School scholarship event
Graduate funding
Haley and Paula Brass smile with their arms around each other in front of a WSU backdrop at an Ilitch School scholarship event
Wayne State Guarantee
A group of four female business students, with one looking at her cell phone, stand outside talking to one another
Michigan Achievement Scholarship
A group of Ilitch School students pose with a variety of props in front of a photo booth at the 2023 Gala
Tuition Pledge Programs
Ilitch School students and their families and faculty and staff enjoy refreshments in the atrium before the WSU scholarship event
Types of Aid
An Ilitch School student wearing a WSU shirt sits at a table in a classroom with headphones on the desk beside him, smiling

Mike Ilitch School of Business Student Emergency Fund

If you’re a business student with an outstanding student account balance, apply to our emergency fund. You can use this scholarship fund to pay for tuition, registration fees and other educational expenses. As part of the application process, please submit your current résumé.

Fill out an emergency fund application

Additional scholarship resources

Ilitch School students often qualify for awards from external organizations, and we encourage you to pursue all opportunities.

Information on finding scholarships

Scholarship Scams

Be aware of the tactics companies use to convince students to utilize their services to find financial aid. Learn how to avoid student aid scams.

Take the next step

Our scholarships and financial aid opportunities make Wayne State University’s Mike Ilitch School of Business an affordable place to earn an exceptional degree in business.