Financing an MBA degree is one of many crucial factors a prospective student must consider prior to entering business school.
Since expenses at Stanford GSB require a substantial financial commitment from both the student and the university, MBA candidates are encouraged to begin saving personal resources far in advance of applying to the program. Stanford GSB does its part by providing not only need-based fellowships and loans, but also non-need-based loans to U.S. citizens and permanent residents, as well as international students who qualify for assistance.
Financial Aid Distribution
The Financial Aid Office attempts to be fair and equitable in the distribution of financial aid, especially fellowship aid. Approximately one-half of Stanford MBA students receive fellowship funds and more than two-thirds borrow to finance their degree. All fellowships are need-based; Stanford GSB does not offer merit-based fellowships.
Your Financial Contribution
All students are expected to contribute a portion of their income and assets and to think about lifestyle choices that will affect their debt level following graduation. Students are encouraged to repay consumer debt prior to applying for financial aid at Stanford GSB. The student budget assumes a moderate lifestyle and is not sufficient to accommodate payments for credit cards, cars, etc.
We’re Here to Help
The Financial Aid Office staff is available to answer questions regarding the application process and policies at any time. However, due to the large number of applications for admission to the Stanford MBA Program, the Financial Aid Office reviews and awards financial aid to admitted students only. Upon admission, each student will receive access to the MBA student site where there is more in-depth financial aid information.