The New B-School Arms Race for the Best & Brightest

The MBA Scholarship Game: What Leading Schools Give To Students in Fellowships

School 2011 

Average Scholarship

2005 

Average Scholarship

% Change
USC (Marshall) $35,490 $23,000 54.3%
UNC (Chapel Hill) $31,565 $17,274 82.7%
Harvard Business School $28,410 $11,543 146.1%
Virginia (Darden) $28,343 $14,440 96.3%
Vanderbilt (Owen) $25,402 $13,599 86.8%
MIT (Sloan) $25,230 NA
Yale $25,000 $10,000 150.0%
Cornell (Johnson) $24,330 $24,000 1.3%
Indiana (Kelley) $24,241 $13,800 75.7%
Michigan (Ross) $23,422 $15,830 47.9%
Dartmouth (Tuck) $23,226 $14,818 56.7%
Emory (Goizueta) $22,514 $20,714 8.7%
Berkeley (Haas) $21,900 $29,499 -27.0%
Stanford GSB $20,892 $12,122 72.3%
Georgetown (McDonough) $19,474 $9,750 99.7%
Texas-Austin (McCombs) $15,325 $9,258 65.5%
Northwestern (Kellogg) $15,325 $7,000 118.9%
UCLA (Anderson) $15,082 $7,180 110.0%
Columbia $10,192 $7,357 38.5%
Chicago (Booth) NA $15,000 NA
UPenn (Wharton) NA $12,332 NA
Duke (Fuqua) NA $13,195 NA
NYU (Stern) NA NA NA
Carnegie Mellon (Tepper) NA $9,249 NA

Source: Business schools reporting to Bloomberg BusinessWeek. Average scholarship numbers are for one year.

(See next page for the schools that provide the most financial aid support)