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U.S. Citizens and Permanent Residents

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


Most financial aid received by Stanford GSB students is in the form of student loans. Detailed information will be provided about loan options once you have been admitted to the program and applied for financial aid.

You can borrow up to the cost of attendance minus any financial aid or other resources (i.e., parents, relatives, friends, employers, and other external sources). Loans at Stanford GSB must be used for educational purposes. The following loan programs are available to U.S. citizens and permanent residents:

Prior to selecting your lender, we recommend students compare interest rates, terms and conditions, and repayment options for all loan programs.

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.

Yellow Ribbon Program

Stanford GSB participates in the Post-9/11 Veterans Education Assistance Act of 2008, the Yellow Ribbon Program — a grant that is available to eligible military candidates.

Eligibility criteria requires that you:

  • Served an aggregate period of active duty of at least 36 months after September 10, 2001.
  • Were honorably discharged from active duty for a service connected disability and you served 30 continuous days after September 10, 2001.
  • Are a dependent eligible for Transfer of Entitlement under the Post-9/11 GI Bill based on veteran’s service under the eligibility criteria listed above.

The Office for Military-Affiliated Communities serves as the liaison between the university; its students; and the various federal, state, and local agencies concerned with veterans’ benefits. Review their website for additional information about education benefits for veterans at Stanford.

Last Updated 11 Jan 2016