Financial Aid News
Latest Stories About Financial Aid News
New Court Decision Allows MBA Tax Deductions
Thanks to a recent court decision in the case of Kopaigora v. Commissioner of Internal Revenue, students enrolled in an MBA program—particularly an Executive MBA (EMBA)—can now deduct more education expenses from their taxes. While the case can’t be appealed or formerly cited as precedent, there’s no doubt that the... Read more »
Prodigy Finance Launches New International MBA Scholarship Program, Five Students to Qualify for $20,000 Each
International community lender Prodigy Finance recently announced a new scholarship program for students accepted to study at U.K. and U.S. business schools. Open to all students who use Prodigy Finance to help fund their postgraduate degree in either the United States or the United Kingdom, the scholarship will provide five... Read more »
Foster School MBA Offers Outstanding Value
There’s no reason a top MBA program can’t be affordable. While the average MBA student debt exceeds $100,000 for many top-ranked schools, that’s not the case at the University of Washington’s Foster School of Business. MBA graduates from the Foster School can expect just $35,104 in debt; that’s over $3,000 less... Read more »
Meet a Rotman MBA Alum Changing U.S. Literacy
There’s no doubt that the Rotman School of Management at the University of Toronto has an impressive list of MBA alums. The Financial Times has ranked it as the #1 Business School in Canada for the tenth year in a row, and that’s just the start. Recently, Forbes interviewed Sage Salvo, Founder of Words Liive and a Rotman... Read more »
Consortium Alumna’s Parents Establish $1 Million Endowment in Daughter’s Memory
It takes a special family to turn tragedy into hope and opportunity for others, but that’s exactly the kind of family Leslie Elise Adkins had. Adkins, an MBA student at the University of Southern California’s Marshall School of Business and a fellow of the Consortium for Graduate Study in Management,... Read more »
McDonough to Offer Scholarships to Returned Peace Corps Volunteers Pursuing an MBA
The Peace Corps has selected Georgetown University’s McDonough School of Business to join a fellowship program that provides financial support to returned Peace Corps volunteers pursuing graduate degrees at a select number of U.S. schools, McDonough announced today. Through the Paul D. Coverdell Fellowship Program, returned Peace Corps volunteers who... Read more »
Clear Admit and Prodigy Finance Host Webinar on Financing Your MBA Abroad
Late last month, Clear Admit teamed up with community-funded loan provider Prodigy Finance to share information and answer questions as part of a free webinar for prospective MBA students looking to study outside of their home country. We were pleased to draw 70 registrants for the February 24th webinar, and... Read more »
Free Webinar: How will you Finance Your MBA Abroad?
Are you going to do your MBA abroad this year? Join Clear Admit CEO Eliot Ingram and Zack Hirschfeld of Prodigy Finance to learn about how to finance your studies abroad. Wed, Feb 24, 2016 10:00 AM – 11:00 AM EST In this webinar we’ll answer your questions... Read more »
The Consortium: Promoting Minorities in American Business and Business Schools for 50 Years
This post has been republished in its entirety from its original source, metromba.com. Fewer than 8 percent of the 10,000 MBA students who graduate from top-tier business schools are African-American, Native American or Hispanic American. And according to a recent BloombergBusiness article, “corporate recruiters consistently bemoan the lack of qualified candidates of... Read more »
An In-Depth Look at the Forté Foundation for Women MBAs
This post has been republished in its entirety from its original source, metromba.com. According to Catalyst.org, women make up only 36.5 percent of MBAs earned in the United States. Even worse, a landmark study by the University of Michigan Business School revealed that women make up less than 17 percent... Read more »
Saïd Business School Bestows Second MBA Scholarship for Women
This post has been republished in its entirety from its original source, metromba.com. María Belén Muñoz Toro, a Chilean student who will enter Oxford University’s Saïd Business School in January 2016, was awarded the second Oxford Executive MBA Scholarship for Women. Oxford Saïd offers the scholarship in association with the... Read more »
GMAC Launches New Tuition Assistance Tool to Help MBA Applicants Research Financial Aid
The Graduate Management Admission Council (GMAC), which owns and administers the GMAT entrance exam for business school admissions, has launched a new interactive tool designed to help prospective MBA applicants better understand the types of financial aid and tuition assistance offered by business schools in different regions of the world.... Read more »
Financing Your MBA, Part IV
In our previous post on financing your MBA, we covered loan programs for MBA students from the United States. Today, we’ll take a look at loans through the lens of international students, who face some different restrictions but who are also eligible for special programs tailored to their unique requirements. By... Read more »
Financing Your MBA, Part III
Moving right along in our multi-part series on financing your MBA, we’ll take a look today at some of the options prospective MBA students have for obtaining loans to finance their time at business school. For the purposes of this post, we will focus primarily on loan programs for U.S.... Read more »
Financing Your MBA, Part II
In the first of our multi-part series on financing your MBA, we took a look last week at the costs involved in attending a top-tier business school. Now, with a better handle on how much money you’ll need, let’s start looking at where that funding will come from. Students typically... Read more »
