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
London Business School Awards Two £30,000 Scholarships to Female Business Execs
London Business School (LBS) has awarded two female business executives £30,000 scholarships for the school’s Senior Executive Program, concluding an initiative launched in August with the 30% Club, an organization devoted to increasing female representation in the C-suite of leading corporations. Andreea Moldova, general manager (Czech Republic and Slovakia) at... Read more »
Indian School of Business to Award 10 Merit-Based Full Tuition-Fee Waivers
As part of a new initiative this year, Indian School of Business (ISB) is offering 10 full tuition-fee waivers to the school’s top 10 applicants this admissions season. These full waivers – valued at INR 2 million (roughly $66,000) – complement a range of other merit scholarships the school awards to... Read more »
UC Berkeley’s Haas School of Business Awards Scholarships to Half of Full-time MBA Class
The Haas School of Business at the University of California at Berkeley set a new record this year, awarding scholarships to a full half of its entering full-time MBA class, the school announced earlier this month. In all, Haas will provide almost $6 million in scholarship aid to students across... Read more »
New Loan Program Launches for International MBA Students at U.S. Schools
A new pilot loan program will provide expanded options for international MBA students at a number of top programs in the United States, according to a recent report in Poestandquants. The program, offered by Prodigy Finance, will extend to international students and U.S. residents with non-permanent status who are studying... Read more »
Financial Aid at Harvard Business School, Straight from the Admissions Director
NEWS FLASH: Business school, especially at top schools, costs a ton. Okay, so that’s not really news. More notable is the fact that top schools want to make the MBA affordable, at least according to the most recent post on the Director’s Blog at Harvard Business School (HBS). Earlier this... Read more »
The Economist Group Launches $25,000 MBA Scholarship Contest
The Economist Group’s business education division, Which MBA?, yesterday launched its second Brightest Minds MBA Scholarship Contest, which will award a $25,000 scholarship to the prospective MBA or EMBA student who scores highest on a simulated GMAT exam. The first Brightest Minds MBA scholarship ran earlier this year, drawing more... Read more »
Wharton Social Impact Initiative to Pay Down Student Loans for MBAs Who Pursue Nonprofit, Public Sector Careers
For MBAs who pursue careers in the nonprofit and public sectors, paying back staggering student loans they took out to finance their degree can be incredibly challenging. At the University of Pennsylvania’s Wharton School, a social impact‒focused fund managed by the Wharton Social Impact Initiative comes to the rescue. The... Read more »
New Program Qualifies GMAT Test Takers for Interest Rate Reduction for New MBA Loans
Photo credit: zingbot The Graduate Management Admissions Council (GMAC), which owns and administers the GMAT exam, has partnered with Discover Student Loans to introduce a new program designed to qualify GMAT test takers for an interest rate reduction on eligible new MBA loans. The Discover MBA Loan with GMAT Test-Taker... Read more »
Economist, GMAT Tutor Launch $25,000 MBA Scholarship Competition
Show off your verbal and quantitative skills as part of a new scholarship competition, and you could win $25,000 toward an MBA at one of more than a dozen top business schools. Economist GMAT Tutor recently launched a new MBA scholarship contest for prospective MBA and EMBA students. To take... Read more »
ESADE Offers Wide-Ranging MBA Scholarships
Financing a full-time MBA program is no small feat, especially when you take into consideration the income you’ll forgo as you devote yourself to studies. Fortunately for prospective applicants to Spain’s ESADE Business School, the school offers a wide range of scholarship opportunities to outstanding full-time MBA candidates. If you’re... Read more »
London Business School, Lloyds Launch New Scholarship Program for Women
In an effort to increase the representation of women in post-graduate management education and in the business world as a whole, Lloyds Banking Group has launched a new scholarship program for women applicants to London Business School (LBS), the school announced today. Citing research showing that limited financial resources present... Read more »
MIT Sloan School of Management Announces New Scholarship for Technology-Focused MBAs
MIT Sloan School of Management and London-based global telecommunications company Zamir Telecom last week announced a new scholarship program for promising MBA students planning to pursue careers in the technology sector. The new Zamir Telecom fellowship is open to students from emerging economies in Africa, Asia or the Middle East, as... Read more »
INSEAD MBA Scholarship for Students from Developing Countries
If you are a Round 2 applicant to INSEAD Business School from a developing country, you could be eligible for a €10,000 (~$16,448) scholarship. The INSEAD MBA ’91 June Endowed Scholarship, created by the Class of 1991 on the occasion of its 20th Class Reunion, will be awarded once a year... Read more »
Anonymous $6 Million Gift to Fund Student Scholarships at USC Marshall School of Business
An anonymous gift to the University of Southern California (USC)’s Marshall School of Business will support scholarships for both undergraduate and MBA students, the school announced earlier this month. The Marshall School will receive $6 million, part of a $20 million gift to the university made by a married couple... Read more »
Columbia Business School Announces New Dong-Bin Shin Fellowships
Columbia Business School (CBS) has announced four two-year, full-tuition fellowships open to international students entering in August 2014. Announced late month, the Dong-Bin Shin Fellowships will be awarded, one each, to students from four different regions: the Middle East or Africa, Europe, Latin America and South Korea. Applications are due... Read more »