You are here

International Students

All MBA students, regardless of citizenship, are eligible for financial aid. Due to the rigorous nature of our MBA curriculum, you should not rely on part-time work to defray the cost of the program.

Stanford GSB Fellowships (Need Based)

The Stanford GSB Financial Aid Office does not offer merit-based fellowships. For fellowship purposes, we define “need” as:

  Cost of attendance in the Stanford MBA Program
Assets and income
Contributions from parents, friends, and/or employers
External fellowships and scholarships
= Financial aid need

Loans for International Students

The Financial Aid Office will determine which loans to offer you based on your citizenship status and the information provided in your financial aid application. Your total financial aid cannot exceed the cost of attendance. You can borrow up to the cost of attendance minus any financial aid or other resources (i.e., parents, relatives, friends and/or employers, and other external resources). Loans through Stanford GSB must be used for educational purposes only.

International students are strongly encouraged to look for loan options in their home country because they may be able to secure better interest rates. The Financial Aid Office will certify any educational private loan a student chooses; however, we recommend that you review the terms of these private loans, or any other private loan, before making your decision.

Stanford GSB works with Prodigy Finance and Star One Credit Union to provide loan options for international students. The school does not benefit in any way, financial or other, from these arrangements.

Prodigy Finance

Prodigy Finance offers a loan to international students without requiring a cosigner. Prodigy Finance is unable to lend to international students who are from Antarctica, Sudan, or Taiwan.

Star One Credit Union – International Line of Credit

Star One Credit Union offers a line of credit to international students without requiring a social security number or a U.S. citizen as a cosigner. The following terms apply to for the 2014-15 academic year.

Lenders based in the United States (including Star One Credit Union) may not be able or willing to make loans to students from countries on the United States Treasury Department’s Office of Foreign Assets Control (OFAC) Sanctions list; or to individuals identified by name, or related to or connected with anyone on the Specially Designated Nationals List. All applicants from these countries are strongly cautioned to be prepared to make their own financial arrangements to attend Stanford GSB.

External Scholarships

We encourage you to research sources outside Stanford GSB to help reduce your debt load. If you receive an external scholarship for less than $15,000, your Stanford GSB Fellowship will not be reduced. If you receive an external scholarship for more than $15,000, your Stanford GSB fellowship will be reduced, however, the reduction is not dollar for dollar. Loans are only reduced if your total financial aid exceeds the cost of attendance.

For a listing of  external scholarships, we suggest you explore free scholarship databases.

Employer Sponsorship

Stanford GSB considers employer sponsorship or employer forgivable loans as external financial resource for the purpose of determining financial need and fellowship eligibility. Typically students who receive employer loans or sponsorship are not eligible for Stanford GSB fellowships.

Be sure that you understand everything about the repayment terms required by your sponsor, especially the options for repayment if you choose not to return to the sponsor after graduation. If you are in doubt about accepting a sponsorship, include all details of the sponsorship with your financial aid application and request that your financial aid eligibility be calculated with and without sponsorship so that you can make an informed decision.

Last Updated 5 Nov 2015