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Let’s be real—if you’re thinking about getting an MBA to make a difference in the nonprofit world, you probably aren’t dreaming of a six-figure consulting salary. You want to run a food bank, advocate for education reform, or lead an environmental nonprofit. But here’s the frustrating part: Even though you’re choosing a career path focused on service, grad school isn’t cheap.
That’s where fundraising comes in—not just as something you’ll study, but as a way to actually pay for your degree. I’ve talked to nonprofit MBA students who’ve funded their education creatively, and here’s what I’ve learned.
Why Fundraising Isn’t Just a Class—It’s a Survival Skill
- You’ll Learn How to Ask for Money (And That’s a Good Thing)
Most nonprofit MBA programs teach fundraising because, let’s face it, even the most mission-driven organizations need cash to survive. You’ll take classes on:
Writing grants that actually get funded (no more vague proposals that end up in the “maybe later” pile)
Running digital campaigns that don’t just rely on guilt-tripping your aunt into donating
Building real relationships with donors (because people give to causes, but they also give to people they trust)
The cool part? These skills don’t just help your future nonprofit—they can help you right now by unlocking scholarships and sponsorships.
- Your Future Employer Might Pay for It
A lot of nonprofits offer tuition reimbursement (usually 2,000–2,000–5,000 per year). It’s not a full ride, but it helps. Some even have partnerships with universities for discounted tuition.
Pro tip: If your current job doesn’t offer this, bring it up. Frame it as professional development that will make you more valuable to them.
- Scholarships Exist—You Just Have to Hunt for Them
Unlike undergrad, MBA scholarships aren’t always advertised well. But they’re out there:
University of Florida has a Nonprofit Leadership Scholarship (covers up to 30% of tuition).
Indiana University works with the Lilly Family School of Philanthropy to offer funding.
Local community foundations sometimes have scholarships for nonprofit professionals.
The Real Cost of an Online MBA in Nonprofit Management (And How to Bring It Down)
Here’s the truth: Tuition varies wildly. Some programs cost as much as a down payment on a house; others are surprisingly affordable.
School Total Cost What You’re Really Paying For
Indiana University (Kelley) ~$74,000 Brand-name MBA with nonprofit electives
Boston University (Questrom) ~$48,000 Strong social impact network
Walden University ~$29,000 One of the most affordable options
Arizona State (WP Carey) ~$58,000 Flexible schedule for working pros
How to Cut Costs:
✅ Employer reimbursement (Even $3,000/year adds up)
✅ Scholarships (Apply early—many deadlines are in spring)
✅ Part-time enrollment (Pay as you go instead of all at once)
✅ Crowdfunding (Yes, some students have done this successfully)
The Unconventional Way Some Students Are Paying for Their Degrees
I spoke with Maya, a nonprofit MBA student at University of Florida, who crowdfunded part of her tuition. Here’s how she did it:
She made it personal – Instead of just saying “help me pay for school,” she explained how the degree would help her nonprofit fight food insecurity.
She offered “perks” – Donors who gave $100+ got a handwritten thank-you and updates on her projects.
She used LinkedIn – Posted about her journey, and former colleagues and mentors chipped in.
“It felt awkward at first,” she admitted. “But people want to support others who are trying to do good. You just have to ask.”
The Bottom Line
If you’re passionate about nonprofit work but worried about MBA costs, remember:
Fundraising is a skill you’ll use forever—start practicing now.
You don’t have to pay full price—employers, scholarships, and even strangers might help.
The ROI isn’t just salary—it’s the impact you’ll make.
Question for you: Would you ever try crowdfunding for grad school? Or does the idea make you cringe? Let’s chat in the comments!
Next steps:
Check if your employer offers tuition help (HR usually knows).
Google “[Your State] + nonprofit scholarship” – you might be surprised.
Talk to admissions counselors—they often know about unadvertised funding.
(And if you’ve found creative ways to pay for school, share your story below!)