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Financial Aid

A go-to source for information about financing an MBA education. Learn more about graduate business school loans, scholarship opportunities and more. For more information on how to finance your MBA and the costs of attending business school, visit our MBA Program Costs & Financing Guide.

Latest Stories About Financial Aid

Last Updated Nov 1, 2016 by

Alumni Gift Slashes Tuition for NYU Stern Veteran, Active Duty MBA Students

After two Marine Corps deployments to Afghanistan—as commander first to a rifle platoon and second to an anti-armor platoon—Bryan Coughlin was moved to Quantico, VA, to teach leadership tactics to newly commissioned officers. After three years in Virginia, and with a growing family, Coughlin wanted to transition into finance and... Read more »

Last Updated Sep 21, 2016 by

Stanford GSB Introduces USA MBA Fellowship, Inaugural Year to Focus on Midwest

Stanford Graduate School of Business (GSB) this year has launched a new USA MBA Fellowship program, which will provide financial assistance to MBA students committed to improving economically impoverished areas in the United States. In its inaugural year, the fellowship will focus on the Midwest, covering tuition and associated fees (amounting to approximately $160,000 over... Read more »

Last Updated Sep 16, 2016 by

Chicago’s McGowan Charitable Fund Announces 7th Class of Fellows

Since 2010, the William G. McGowan Charitable Fund has been naming 10 outstanding second-year MBA students as members of its annual class of McGowan Fellows. The fund was created and named in honor of William G. McGowan, an American business leader and founder of MCI Communications, following his passing in 1992. The... Read more »

Last Updated Sep 12, 2016 by

Yale SOM Waives Application Fees For Forté MBALaunchers, MLT MBA Prep Fellows

In the days leading up to Wednesday’s first round MBA application deadline for the Yale School of Management (SOM), the school has announced a unique opportunity for all Forté MBALaunchers and Management Leadership for Tomorrow (MLT) MBA Prep Fellows. All application fees for corresponding applicants will be waived for the 2016-17 cycle.... Read more »

Last Updated Sep 9, 2016 by

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 »

Last Updated Sep 6, 2016 by

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 »

Last Updated Aug 17, 2016 by

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 »

Last Updated Jun 9, 2016 by

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 »

Last Updated Apr 4, 2016 by

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 »

Last Updated Mar 9, 2016 by

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 »

Last Updated Feb 16, 2016 by

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 »

Last Updated Feb 11, 2016 by

Business School Deposit Deadlines: Decisions? Dilemmas? Do Tell!

The time has come for many Round 1 applicants to make a decision about where they will attend business school in the fall. Monday was the Round 1 deposit deadline at Harvard Business School (HBS), and tomorrow deposits are due at Chicago Booth, Duke’s Fuqua School, Northwestern’s Kellogg School, the... Read more »

Last Updated Dec 29, 2015 by

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 »

Last Updated Dec 21, 2015 by

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 »

Last Updated Nov 30, 2015 by

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 »

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