Scholarships

MBA - Tuition and Financial Aid - Merit Scholarships

Merit Scholarships

All applicants who are offered admission are eligible to compete for merit-based scholarships.

These competitive scholarships, which typically take the form of awards of full tuition, one-half tuition and one-third tuition, are awarded by the University of Virginia Darden School of Business in recognition of academic excellence, professional accomplishments and other demonstrated ability. Selection is based on a holistic review of candidates’ application for admission, and are renewable for the Second Year of the Darden MBA so long as a student maintains satisfactory academic performance.

Most of Darden’s merit-based scholarships do not require an additional application. If admitted, students will vie for available scholarships, which are competitively awarded based on a variety of metrics and considerations.

Some scholarships, such as the Jefferson Fellowships and Batten Scholars Programs, require supplemental application steps. 


Merit Scholarships

  • Allan and Barbara Staats Fellowship Fund

    Established in 2012, this fund was created for the purpose of providing financial support for MBA students who have been admitted to the University of Virginia Darden School of Business. The fund was created by Allan W. Staats (MBA ’62) in honor of his 50th reunion and in gratitude for the Darden experience and its influence on his career.

  • Batten Media Fellowship  

    The Batten Media Fellowship was established by Frank Batten Sr. (A&S ’50), the Batten family of Norfolk, Virginia and its Landmark Foundation for the purpose of providing support for Darden students engaged in a career at newspapers or in other news gathering organizations.

    Under Batten's leadership, Landmark Communications, Inc. grew to become one of the nation's largest privately held media companies. Batten was known for his business acumen and is widely remembered for the 1982 launch of The Weather Channel.

    The candidate must be a full-time editorial or media employee with at least three years of experience, possess a strong interest in creating and/or leading media organizations after receiving an MBA and be a U.S. citizen.

    A special application must be obtained from the Darden School Financial Aid Office and interviews will be conducted by the Director of Financial Aid and Vice President of Communications. Contact the Darden Financial Aid Office for the special application and to schedule an interview.

    To be considered for a Batten Media Fellowship, candidates must submit their application by Round 2, and all interviews completed prior to the Round 2 decision release date.

  • Batten Scholars Program 

    The Batten Scholars Program, sponsored and administered by Darden's Batten Institute for Entrepreneurship and Innovation, supports full- and partial-tuition scholarships for students admitted to Darden's two-year, full-time MBA program. All candidates for the program are expected to exhibit an entrepreneurial spirit, strong leadership skills and a drive for innovation.

    Learn More

  • Bolduc Family Scholarship  

    The Bolduc Family Scholarship was established in 2016 by John P. and Stacy H. Bolduc (both MBA ’90). The scholarship provides merit-based awards for students at Darden.

  • Camp Family Scholarship 

    The Camp Family Scholarship was established in 2011 by the Camp Family Committee. This scholarship provides for a two-year award to a student or students admitted to the Darden School. Preference is given to a student who may possess untapped or underdeveloped leadership and academic potential but who has a record of performance that reveals character traits of tenacity and perseverance.

  • Catherine I. Spurzem Scholarship

    The Catherine I. Spurzem Scholarship was established to honor the memory of Catherine Spurzem, a JD/MBA student who was killed in a car accident in 1981, during her third year of the program. The scholarship supports JD/MBA students at the University of Virginia.

  • Chesapeake Corporation Foundation Fellowship 

    This scholarship was established in 1992 by the Chesapeake Corporate Foundation of Richmond, Virginia. The fund provides scholarship support to Darden School students who have a graduate or undergraduate engineering degree.

  • Class of 1957 Charles C. Abbott Scholarship 

    This scholarship was established in 1987 by members of the Class of 1957, Darden's first graduating class, at their 30th reunion. It is named in honor of Darden's first dean Charles Abbott. A Harvard University faculty member, Abbott was a consultant to the Darden School Sponsors as they laid plans for the school in the 1950s. He subsequently was recruited to the Darden deanship. Mr. Abbott founded Darden's short-course programs for working executives and helped establish the Tayloe Murphy Institute before retiring in 1972. He died in 1986. and is awarded to students who bring diversity of work experience to the classroom from non-traditional work backgrounds.

  • Class of 1958 Charles C. Abbott Scholarship

    This scholarship was established in 1987 by the Class of 1958 to honor the memory and educational philosophy of the Darden School's founding dean, Charles C. Abbott. The scholarship is awarded to students at Darden on the basis of academic excellence, character, and most importantly, diversity in professional practice.

  • Class of 1965 Scholarship

    Established in 1985 by members of the Class of 1965 upon the occasion of their 20th reunion. The award is for one or more scholarships to be awarded annually to enrolled MBA students.

  • Class of 1968 William R. Fisher Memorial Scholarship 

    This scholarship was established in 1987 by the investment bank Donaldson, Lufkin & Jenrette along with members of the Class of 1968. The award is in memory of William R. Fisher, a valued employee and treasured classmate, who passed away in 1983. The scholarship is merit-based and supports some of Darden's most promising students.

  • Class of 1972 Scholarship 

    Established in 1987 by the Class of 1972, the Killgallon Family Foundation and the Ohio Art Company, for outstanding students at the Darden School.

  • Class of 1986 Peter J. Niehaus Memorial Scholarship 

    This scholarship was created in memory of Peter J. Niehaus, a member of the Class of 1986 who died during spring break of his Second Year at Darden. This scholarship is awarded to a First Year student with demonstrated financial need.

  • Class of 1987 Scholarship

    This scholarship was established in 2016 with seed funding from the Class of 1987 G. Robert Strauss Jr. Marketing Award Fund and supported by additional gifts from members of the Class of 1987 during their 30th Reunion year. The fund provides scholarship support to Darden students.

  • David and Jane Walentas Scholarship 

    This scholarship was established in 2005 by David Walentas (SEAS ’61, MBA ’64). The scholarship is awarded to First- or Second-Year MBA students who are enrolled at Darden, who show promise for success in business, and whose parents are not college graduates. As a first preference, the Walentas Scholarship is awarded to a student neither of whose parents has a four-year college degree. As a second preference, the scholarship is awarded to a student from a household in which only one parent has a four-year college degree.

  • Dean's Scholarship 

    This scholarship was established for the purpose or providing merit-based scholarships for Darden students. Alumni donors, some among the school's most engaged and valued alumni leaders, have made significant contributions to this fund, providing the support for multiple awards.

  • Dickson Foundation Fellowship 

    The Dickson Foundation Fellowship, established in 2011 by the Dickson Foundation, was created for the purpose of providing financial support for MBA students who have been admitted to the University of Virginia Darden School of Business.

  • DuPont Scholarship 

    For students at the Darden School.

  • Elizabeth H. And Daniel S. Lynch Fellowship

    This fund was established in 2012 by Elizabeth H. and Daniel S. Lynch (both MBA ’84) for the purpose of providing scholarship support to students in any of the Darden MBA degree programs.

  • Frank E. Genovese First Year Scholarship Funds

    Established in 2007 by Frank E. Genovese (MBA ’74), an alumnus of the Darden School and trustee emeritus of the Darden School Foundation. This merit-based scholarship is awarded to First Year students in the School's full-time MBA program.

  • Decola Family Scholarship

    This scholarship was established in 2015 for the purpose of providing scholarships to outstanding students in Darden's residential MBA program, with a preference for students who have backgrounds in manufacturing organizations. Darden alumnus Michael A. Decola (MBA ’77), CEO of HBM Holdings, was instrumental in the establishment of the fund

  • Henry Clay Hofheimer II Fellowship

    This scholarship was established by Henry Clay Hofheimer II in 1962 to provide financial support to students who are residents of Virginia or North Carolina. Mr. Hofheimer, a Hampton Roads business and civic leader and philanthropist, graduated from the University of Virginia in 1928. He was a member of the UVA Board of Visitors and also served as president of the Darden School Sponsors, an organization of Virginia business leaders who were critical in the establishment and advancement of the school.

  • Henry E. McWane Scholarship

    This scholarship was established in 1982 with a gift from the Lynchburg Foundry to honor its president, Henry E. McWane. Mr. McWane was the first president of the Darden School Foundation Board of Trustees and served on the University of Virginia's Board of Visitors. The scholarship is awarded to outstanding students.

  • Henry Wayne and Annie Griffin Lewis Scholarship 

    An endowed scholarship established with a gift from Samuel A. Lewis, a former member of the Darden Foundation's Board of Trustees, in honor of his parents.

  • Innovation in Education Reform Scholarship 

    This scholarship was established in 2013 to support students in the MBA/M.Ed. program, a dual-degree program between the Darden School of Business and the Curry School of Education. Patricia B. and W. Keith Woodard provided significant funding in support of this scholarship.

  • James A. Cooper Family Fellowship 

    This fellowship was established in 2011 by James A. Cooper (MBA ’84) for the purpose of providing scholarships to Darden students. Cooper is senior managing partner at Thompson Street Capital Partners, a Saint Louis-based private equity firm and also serves as a member (and formerly as chair) of the Darden School Foundation Board of Trustees.

  • James P. Totten and the 1911 Trust Company Scholarship 

    This scholarship was established by James P. Totten (MBA ’85) in 2016 to support Darden students.

  • Jefferson Fellowships 

    Up to two full cost-of-attendance fellowships including full tuition, living expenses, books, computer and a research stipend. The Fellowship was established by various alumni of the Darden School in partnership with the Jefferson Scholars Foundation to secure the most exceptional MBA candidates.

    Candidates interested in being considered for this Fellowship should possess superior intelligence and academic excellence, but must also demonstrate leadership, citizenship, integrity and honor.

    For further information, please visit the Darden Jefferson Fellowship page or the Jefferson Scholars Foundation website.

  • Landmark Communications, Inc. Scholarship 

    This scholarship was established in 1982 by Landmark Communications. Under the leadership of Frank Batten Sr. (A&S ’50), Landmark Communications, Inc. grew to become one of the nation's largest privately held media companies. This scholarship is awarded to first year Darden students based on financial need.

  • Lebda Family Scholarship Fund

    This fund was established in 2018 by Douglas L. Lebda (MBA ’14) to provide scholarships to graduate students at Darden who have demonstrated financial need.

  • Lemuel E. Lewis Bicentennial Scholars Fund For Global Leadership

    This fund was established in 2018 by Lemuel E. Lewis (MBA ’72) to support students at the Darden School who demonstrate, promote and foster a global perspective and deep understanding of other beliefs and cultures including the religious, political, economic and social context in which they exist.

  • Philip W. Knisely Fellowship 

    This fund was established in 2011 by Philip W. Knisely (MBA ’78) and Patricia A. Knisely to provide financial support for an MBA student at Darden. Knisely is a former member and chair of the Darden School Foundation Board of Trustees.

  • Phillips Family Scholarship Fund

    This fund was established in 2018 by G. Patrick Phillips (MBA ’73) to fund scholarships for students at Darden.

  • Presidential Scholarships: Madison & Monroe 

    Darden's Madison and Monroe scholarships are distinguished scholarships named for U.S. Founding Fathers James Madison and James Monroe. Candidates who are offered admission to Darden are automatically considered for the Madison and Monroe scholarships.

    Learn More

  • Richard Mayo Center for Asset Management 

    The Mayo Center launched a new scholarship pilot program in academic year 2016-2017. By providing this scholarship support, the Mayo Center aims to continue to attract talented MBA students interested in asset management and investing.

  • Robert E. Lamb II Dean's Scholarship 

    This scholarship was established in 2005 by Robert E. Lamb II (MBA ’70) to provide scholarships for Darden students. The scholarship is awarded to incoming students who show promise of success in business.

  • Robert E. Lamb II Scholarship 

    Established in 1984 by Robert E. Lamb II (MBA ’70) to help a student benefit from the Darden experience in hopes that he or she will go on to make an impact in the world of practical affairs.

  • Roger H. Sherman Scholarship 

    This scholarship was established in 1978 by Lucille H. Sherman in memory of her husband, Roger, for the purpose of providing scholarship support to Darden students who give promise of being outstanding citizens.

  • Stamps Leadership Fellowship 

    The Stamps Family Charitable Foundation has established a partnership program with the Darden School to recognize and reward exceptional students who exemplify leadership, perseverance, fellowship, service and innovation. Up to five Fellowship recipients each year are awarded full-tuition scholarships in addition to a $5,000 enrichment fund to support research, conference attendance or participation in Darden Worldwide global experiences.

  • State Restricted - In-State-Only Scholarship 

    For students at the Darden School. Candidate must be a Virginian.

  • Sydney F. Small Memorial Fellowship 

    This fellowship was established in 1974 by Sydney F. Small, former trustee of the Darden School Foundation, for the purpose of providing scholarship support to deserving students at the Darden School.

  • Utt Family Scholarship 

    This fund was established in 2016 by William P. Utt (MBA ’84) for the purpose of providing scholarships for Darden students who have demonstrated leadership capabilities, preferably in the areas of athletic or military service.

  • Warren M. Thompson Scholarship Fund

    This fund was established in 2018 by Warren M. Thompson (MBA ’83) to support students at the School who have demonstrated a commitment to diversity.

  • William F. & Joyce A. Richmond Entrepreneurial Leadership Scholarship

    This scholarship was established in 2001 by William F. Richmond (MBA ’76). The scholarship is awarded to students who have demonstrated academic excellence and an interest in entrepreneurship.

  • William Wooding Sihler Scholarship

    Established in 2000 by alumni of the Darden School in recognition of Professor Bill Sihler's dedication to students and learning. Up to four Sihler Scholarships will be made without regard to need to candidates accepted for admission to the first year MBA Program whose academic record is above average and who have demonstrated entrepreneurial spirit.