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NOTIFICATIONFinancing Your MBA
Scholarships
The Michael G. Foster School of Business provides scholarships to over half of the students
in the MBA Program. There are two forms of scholarships available: merit-based
and need-based.
Merit-based Scholarships
- Awarded to both domestic and international students.
- First year awards are based on competitive factors you provide in the application for admission including your GMAT score, GPA, and admission interview. No additional scholarship application is required.
- Second year merit scholarships are awarded based on GPA during your first year in the MBA Program, involvement in and contribution to student clubs, and activities and demonstration of professionalism. Second year students must apply for merit scholarships using an online application available during Winter quarter and due in mid-April.
Need-based scholarships
- Awarded to first year and second year students based on financial need as determined by the Free Application for Federal Student Aid (FASFA form).
- Both incoming and current students must complete the online scholarship application to be considered for need-based funds. Priority is given to students who file the FAFSA by the February 28 deadline and who also file the online scholarship form and submit all required supplemental materials by the April deadline. Click here for detailed instructions on applying.
In addition to Foster School scholarships, students are encouraged to research external scholarship opportunities.