Student veterans bring a unique perspective to the MBA classroom, shaped by their exceptional leadership abilities and experiences gained during military service. Their backgrounds and strategic mindset contribute to dynamic learning environments and deeper discussions. For veterans considering their post-service career paths, pursuing an MBA can be a transformative opportunity to leverage their skills and experiences for professional growth and advancement. Here, we are dedicated to guiding Texas McCombs Military MBAs through this journey and providing the support they need to thrive. 

Why Consider an MBA as a Veteran? 

There are several compelling reasons for veterans to pursue MBAs: 

  • Complement Leadership Skills: An MBA will expand your business and management competencies to complement the exceptional leadership skills cultivated during military service. 
  • Develop Strategic & Analytical Thinking: MBA programs teach innovative approaches to dissecting problems and developing winning solutions that translate to strategic advantages in any field. 
  • Job Mobility & Acceleration: An MBA credential enhances professional advancement opportunities, whether transitioning into civilian roles or seeking to further a military career. The knowledge gained through an MBA program can lead to new opportunities and accelerate career growth.  
  • Improve Assignment & Promotion Prospects: The MBA credential demonstrates a commitment to continuous learning and personal development, positioning veterans for success in leadership roles.  

Is an MBA Worth it for Veterans? 

Pursuing an MBA provides veterans with opportunities to transition into business and civilian workplaces. An MBA clarifies career pathways and opens access to management-track positions that an operational background alone may not offer. The MBA also enables veterans to speak the language of business, boosting their value and versatility across industries and sectors. 

Can I use VA Education Benefits? 

Students admitted to VA SAA-approved programs may choose to use their VA Education Benefits. UT Austin certifies benefit requests for Post-9/11 GI Bill® (Chapter 33), Veteran Readiness and Employment (VR&E Chapter 31), Montgomery GI Bill® (Chapter 30), Survivors’ and Dependents’ Educational Assistance (Chapter 35), and Montgomery GI Bill® Selected Reserve (Chapter 1606) in accordance with VA policies. 

The following benefit types do not pay a tuition benefit but will pay a monthly stipend to eligible students: Montgomery GI Bill® (Chapter 30), Survivors’ and Dependents’ Educational Assistance (Chapter 35), and Montgomery GI Bill® Selected Reserve (Chapter 1606). 

These benefits cover eligible tuition (based on student eligibility percentage) and may pay a book stipend and Monthly Housing Allowance (MHA) stipend:  Post-9/11 GI Bill® (Chapter 33) and Veteran Readiness and Employment (VR&E Chapter 31). 

For details on how to request benefit certification visit UT’s Veteran Certification Veteran Education Benefits website.  

In addition to requesting benefit certification Evening & Executive MBA students: If you are a non–resident or have not yet been classified as a resident, contact the Residency Office (residency@austin.utexas.edu) for questions regarding VA Education Benefits Non-Resident tuition waiver or re-classification to Texas Resident for tuition purposes.

Many top-ranked MBA programs, including Texas McCombs, offer additional financial assistance through scholarships, military tuition waivers, and other funding options. Understanding and maximizing the available benefits can alleviate the financial commitment of pursuing a Texas McCombs MBA.

Monthly Housing Allowance (MHA) stipend considerations: MHA amounts are determined by the VA and vary based on enrollment status. Some months you may have full-time enrollment and full-time MHA. Other months you would have less than full-time enrollment and thus you would receive partial or no payments. It’s essential to understand how enrollment levels may impact MHA payments throughout the academic year.  

For example, if you were enrolled in 10 hours over an entire term and you completed 6 of those hours mid-term, the VA may consider you full-time for the first half of the term and pay you MHA accordingly. The VA would consider you less than full-time for the second half of the term (even though UT considers you full-time for the entire semester) and pay or not pay you accordingly.  

For more information regarding MHA, please contact UT’s Veteran Certification Team (gibill@austin.utexas.edu; (512) 475-7540). 

Out-of-Pocket/Program Waiver Details: The total program cost is itemized by three categories: tuition (generally about 80-85% of the total charges), course materials, and non-tuition fees. For students using Post-9/11 GI Bill® (Chapter 33), the Department of Veterans Affairs will cover your tuition at your percentage of eligibility.  

To supplement the VA’s Post-9/11 GI Bill® (Chapter 33) tuition contribution, our program will apply a waiver to your course materials and non-tuition fees at a matching rate. For instance, if you have 100% Post-9/11 GI Bill® (Chapter 33) eligibility, your tuition and expenses will be fully covered, with the exception of your plane ticket to your Global Academic destination, and any optional items you choose to purchase, such as MBA paraphernalia. 

Hazlewood Act Exemption and Texas Military Waiver: While the Hazlewood Act Exemption is not applicable to all programs, such as the Weekend MBA at Dallas/Fort Worth and Weekend MBA at Houston, Texas McCombs offers the Texas Military Waiver to eligible veterans, providing financial assistance toward program costs. 

Applications for the Texas Military Waiver will require a Certificate of Eligibility, a DD Form 214, and a notarized affidavit (a sample will be provided to you upon admission). Please submit all items to StudentBilling@mccombs.utexas.edu.  

Pursuing an MBA as a veteran offers a transformative opportunity to leverage military skills and experiences for professional growth and advancement. Understanding available benefits, financial assistance programs, and application procedures is crucial for veterans embarking on their MBA journey with Texas McCombs. We remain committed to supporting veterans and active-duty military personnel in achieving their academic and career goals.  

For additional assistance or inquiries,
please reach out to:   

UT Austin Veteran Certification 
gibill@austin.utexas.edu
(512) 475-7540 

 

Lanita Hidalgo 
StudentBilling@mccombs.utexas.edu  

Visit Texas McCombs MBA to learn more about our programs and upcoming events or take a peek into student life on Instagram. For any inquiries, don’t hesitate to reach out to the MBA Admissions Team. We look forward to connecting with you on your journey to success.

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