MBA Scholarships At The Leading Business Schools by: Marc Ethier on August 10, 2023 | 25,528 Views August 10, 2023 Copy Link Share on Facebook Share on Twitter Email Share on LinkedIn Share on WhatsApp Share on Reddit SCHOLARSHIPS AT THE LEADING U.S. BUSINESS SCHOOLS The Wharton School at the University of Pennsylvania College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes Types of funding options: Wharton Fellowship Program Criteria includes unique personal qualities and background, academic achievement, exceptional professional development, and community involvement. Every admitted student has the opportunity to be considered. Only leverage for cost of tuition and other stated fees. Funding for global immersion, leadership ventures and global modular course – the Wharton Student Experience Fund. Academic Fellowships: 6 Entrepreneurial Awards and Fellowships: 4 Leadership Fellowships: 4 Real Estate Fellowships Whitney M. Young Fellowships Military Benefits: Grants through the Yellow Ribbon Program up to $20,000 Website Chicago Booth School of Business College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes % of students who receive/average amount of aid received: Booth says this information is not publicly available but “Chicago Booth is pleased to have been able to increase the availability of hundreds of merit-based scholarships, removing many financial barriers, and making the school more accessible to deserving and accomplished students from all communities.” Types of funding options: Merit-based scholarships Considers all Booth students, no application required Chosen based on academic merit, prospective concentration, the quality of the interview, competitiveness, career goals, and life experiences. Global Innovator Fellowships Similar to merit-based awards, there is no additional application process for these fellowships—all applicants are considered and decisions are based solely upon the information provided within the application. Industry awards: 3 Leadership awards: 4 Military awards: 2 David W. Fox Scholarship Yellow Ribbon Program that offers no maximum match. Regional awards: 7 Awards for second-year students: 2 Website Stanford Graduate School of Business College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes Average amount received: The average Stanford GSB fellowship for the class of 2023 was approximately $44,000 per year or $88,000 in total awards based on need-based fellowships. Types of funding options: Fellowships: 414 Teaching assistantships: 41 Research assistantships: 4 Knight-Hennessy Scholars Program: 100 students Stanford GSB Bold Fellows Fund: Furthers Stanford University’s commitment to diversity and inclusion by augmenting Stanford GSB’s financial aid for MBA students with financial hardship and a commitment to the advancement of diversity, equity, and inclusion. Website Northwestern Kellogg School of Management College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes % of students who receive aid: 62% of Kellogg full-time MBA students have some form of financial aid whether it’s a loan or a scholarship. Website Harvard Business School College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes % of students/Average amount of aid received: About 50% of Harvard MBA students receive a need-based award, with awards ranging from $2,500 to $76,000 per year. The average annual need-based scholarship in 2022 was $42,000, or $84,000 over two years. Need-based tuition assistance: 10% receive full-tuition scholarships. Fellowships: 9 Summer fellowships: 2 Website MIT Sloan School of Management College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes Fellowships: Merit-based Criteria includes academic excellence, professional achievements, potential to enhance MIT Sloan community. Fellowships upon admission: 101 Students will be considered for these fellowship awards automatically, depending on their eligibility, and do not need to submit an additional application. Students are typically informed if they have received a fellowship upon notification of admittance to the school. This applies to U.S. citizens, permanent residents, and international students Fellowships requiring separate applications: 11 Website Columbia Business School College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes Fellowships: 989 Teaching assistantships: 1,018 Research assistantships: 74 Merit-based awards: Highly competitive and highly selective. Need-based awards: Open to all students. “Award amounts range from $10,000 to $30,000 for those who qualify and based on funds available (amounts can sometimes be higher in certain circumstances). Of those who apply, about half receive a need-based scholarship and the average award is approximately $20,000 for those selected. Although the percentage of recipients is high, students should not assume they will be awarded a need-based scholarship as these awards are not guaranteed. Awards are generally renewed for the second year of study.” Offers partial-tuition scholarships to many qualified candidates, both domestic and international. Scholarships are mostly need-based; however, certain named scholarships have a merit component or have specific criteria designated by the donor. Scholarship List Website Yale School of Management College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes % of students who receive aid: 54% Merit-based scholarships All applicants are automatically considered for merit-based scholarships. No separate application is required. Website Dartmouth Tuck School of Business College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes % of students who receive aid: 75% Average amount received: Tuck scholarships range from $10,000 to full tuition, with the average being $30,065 per academic year. Website: Tuck scholarship awards “are made possible through the generosity of Tuck alumni, corporations, and nonprofit foundations. There is no separate application process for Tuck scholarships.” UC-Berkeley Haas School of Business College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes Overall awarded $13 million in scholarships in 2022 Fellowships: 533 Teaching assistantships: 263 Research assistantships: 46 Supplemental scholarships Website: Merit-based scholarships Michigan Ross School of Business College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes “Awards are based on academic ability, professional and personal achievements, and potential to contribute to our community.” Scholarships range from $10,000 to full tuition. Fellowships: 121 Teaching assistantships: 14 Research assistantships: 61 Merit-based scholarships: over 200 Dean’s Fellows: Awarded full scholarships Website Duke Fuqua School of Business College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes Merit-based scholarships: Criteria for selection: Prior academic achievement, Demonstrated leadership qualities, Involvement in the community, Extracurricular activities, Professional accomplishments Scholarships funded by Fuqua and other corporate sponsors Website Cornell Johnson Graduate School of Management College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes % of students who receive some aid: 35% $1.5 million merit-based funding available per year. Awards over $14 million in scholarships each year to new students. Park Leadership Fellowships: Provide 25 full-time tuition awards each year. Park Fellows are selected on the basis of demonstrated leadership abilities, a record of community service, and academic achievement. Park Leadership Fellowships are only open to U.S. citizens who have applied to the Two-Year MBA program by round three. Aid-funded teaching assistantships or research assistants: No, they are paid hourly Website: Scholarships and Grants Virginia Darden School of Business College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes Fellowships: 107 Needs-based Scholarships Website: Fellowships and Scholars Programs New York Stern School of Business College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes % of students who receive aid: 20-25% Average amount received: majority of scholarships are full or half tuition awards Fellowships: 427 Teaching assistantships: 1,247 Research assistantships: N/A Merit-based scholarships Website UCLA Anderson School of Management College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes The total fellowship award amount is up to $30,000, disbursed in quarterly installments. The UCLA Anderson FEMBA Dean’s Fellowship is awarded to new admits based on the strength of their admission applications and financial need Website Southern California Marshall School of Business College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes % of students who receive aid: (Fall 2021) 2/3 received aid, 20% received merit-based aid, 75% of aid is in the form of gift aid that doesn’t need to be repaid. Website Texas-Austin McCombs School of Business College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes Offers scholarships ranging from cash to out-of-state/international tuition waivers from $2,000 to full-tuition awards. Offers 2nd-year MBA scholarships Teaching/assistantships available but limited on availability Website North Carolina Kenan-Flagler Business School College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes % of students who receive aid: 50%, some receive full coverage Fellowships: 174 Premier Fellowships: Premier fellowships, the most prestigious awarded to students in the Full-Time MBA Program, provide full annual tuition and fees, a $5,000 stipend, and inclusion in a fellows-only resume guide. Full-tuition fellowships Partial tuition fellowships Individual awards MBA Veterans Scholarships Website Washington Foster School of Business College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes Teaching/assistantships available: No Website: Merit-based scholarships: Forté Fellowship The Consortium Fellowship Ernest I.J. Aguilar Endowed MBA Fellowship Reaching Out MBA Fellowship Emory Goizueta Business School College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes Fellowships: 40 Teaching assistantships: 300 Research assistantships: 35 Robert W. Woodruff Scholars: Emory offers four Woodruff Scholarships, the Goizueta School’s most prestigious named scholarship, which includes full MBA tuition and fees and an annual $15,000 stipend guaranteed for the length of the Full-Time MBA degree. Woodruff Scholars are also invited to participate in the Scholars Academic Program. Named Scholars, Goizueta Scholars, Other Named Scholarships provided to MBAs, Rosemary and John Brown Family Scholars Program Military Scholars: The Goizueta Business School Military Fellowship recognizes one or more current Goizueta MBA students with a fellowship and financial stipend up to $10,000 for each student to serve in a formal role to support the Goizueta Business School in its military recruiting efforts for all graduate level programs (MBA, MS Business Analytics, Master of Analytical Finance). Website Indiana Kelley School of Business College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes % of students who receive merit-based aid: 50% Average amount received: $10,000 or up to full-tuition Fellowships: 275 Website: Tuition, Financial Aid & Scholarships: Dean’s Fellowships, Forte’s Fellowships, Global Fellowships, Kelley School of Business Merit Fellowship, ROMBA Washington at St. Louis Olin Business School College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes Institutional Scholarships & Fellowships (additional application required): Milford and Leona Bohm Scholarship, Mr./Mrs. Spencer Olin Fellowship For Women, Reaching Out LGBTQ+ MBA Fellowship, US Military Veterans, Entrepreneurship Fellowship, Forté Fellowship, McDonnell International Scholars Academy Website Carnegie Mellon Tepper School of Business College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes Website: Varied Scholarships as well as all MBAs are considered for a Tepper School Scholarship at the time of the admission based on the overall strength of the admissions applications. Georgetown McDonough School of Business College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes % of students who receive aid: 43% were awarded funding in 2021 Website: Varied Scholarships Georgia Institute of Technology Scheller College of Business College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes % of students who receive aid: Each year, more than half of incoming Full-time MBA students receive funding in the form of graduate research assistantships or fellowships. Fellowships: 30 Forte, National Black MBA Association, Prsopanica, Reaching Out MBA Fellowship, René A Simon Faculty Teaching Assistantships: 20 Graduate assistants work with faculty and staff members for up to 14 hours per week in exchange for a monthly salary and tuition reduction. The estimated value of an assistantship may be as high as $93,000 depending on the type of award and residency status. Research Assistantships: 20 Website Vanderbilt Owen Graduate School of Management College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes Average amount received: Ranges from $5,000 per year to full-tuition Merit-based funding: All applicants are automatically considered for merit-based scholarship at the time of admission. Scholarships are awarded based on academic achievement, potential for excellence in a management career, leadership potential, extracurricular activities, application strength and potential to contribute to our community. Dean’s Scholars Program & OneOwen Inclusion Award Four Fellowship Opportunities: Forte, National Black MBA Fellowship, Prospanica Fellowship, ROMBA Fellowship Website: Student Office of Financial Aid Notre Dame Mendoza College of Business College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes % of students who receive aid: 97% of the Two-Year MBA Class of 2022 were awarded a scholarship. Merit-based scholarships: Recipients are selected for these scholarships based on academic performance, prior work experience, GMAT or GRE scores, leadership potential, letters of recommendation, and each applicant’s personal statement. Applicants can indicate their desire to be considered for a scholarship on their application. Need-based scholarships: Applicants can request need-based financial aid to fund their MBA experience. During the application, you will be able to indicate your interest in scholarships based on your financial need. Fellowships: 135… Meyer Fellows, Brogan Fellows, Forte Fellows Military-related aid: Yellow Ribbon (Notre Dame is proud to participate in the Yellow Ribbon Program, which offers significant benefits to qualifying veterans. For veterans who are 100% eligible, the University will contribute $17,500 to be matched by the VA, which is above the GI Bill® Private School reimbursement. This total amount can exceed full tuition and can also include other benefits such as books and additional stipends.) Teaching/research/assistantships: 0 Website Rice Jones Graduate School of Business College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes Merit-based scholarships: When you apply for admission, we automatically consider your credentials for scholarship; there are no additional steps. We consider all applicants (both international and domestic) who demonstrate a superior record of academic merit and professional accomplishment. External Scholarships: Unfortunately, third-party scholarships for graduate students aren’t common. But we’ve compiled a small list of external scholarship resources for you to explore. We update the list as we become aware of outside scholarship new opportunities. Military-based funding: your Chapter 33 annual cap has been exhausted, we will cover 50% of the remaining charges with a Yellow Ribbon Scholarship and the VA will match our 50% contribution. With a combination of your GI Bill benefits and Yellow Ribbon contributions, 100% of your MBA program costs can be covered! Website 30. Rochester Simon Business School College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes International students eligible for college-funded aid: Yes % of students who receive aid: 90% Consortium Fellowships, Leadership Fellowships, & Forté Website DON’T MISS THIS IS WHAT IT COSTS TO GET AN MBA FROM A TOP BUSINESS SCHOOL and MINORITIES AT THE LEADING U.S. MBA PROGRAMS: 2/3 OF THE TOP 30 REPORT DECLINES Previous PagePage 2 of 2 1 2