Types of Aid

All MBA students, regardless of citizenship, are eligible for financial aid.

Below are the types of aid available.

Stanford GSB Need-Based Fellowships

Fellowships are gifts from our community, and they do not have to be repaid. Stanford GSB fellowships are awarded based solely on your demonstrated financial need. Approximately half of Stanford MBA students receive fellowship funds. The average Stanford GSB fellowship is approximately $40,000 per year or $80,000 in total awards.

The Stanford GSB Financial Aid Office defines “need” as:

Stanford Full-Tuition Fellowships

For the 2020–2021 season, Stanford provides additional full-tuition fellowships, which require an application and are targeted to students with specific backgrounds.

Career Support

Stanford GSB offers financial support to qualifying MBAs who pursue careers in the nonprofit and public service sector.

Summer Stipends

Stanford GSB provides resources for those who wish to pursue a summer internship in nonprofit, social impact, government, or entrepreneurial organizations.

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 $40,000, your Stanford GSB Fellowship will not be reduced. If you receive an external scholarship for more than $40,000, 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.

Scholarship Lists

Employer Sponsorship

Stanford GSB considers employer sponsorship or employer forgivable loans as external financial resources 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.


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 through Stanford GSB must be used for educational purposes.

Loans for U.S. Citizens and Permanent Residents

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

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. Stanford GSB works with several lenders to provide loan options for international students. The school does not benefit in any way, financial or other, from these arrangements.

You are strongly encouraged to look for private loan options in your home country because you may be able to secure better interest rates. The financial aid office will certify any educational private loan you choose; however, we recommend that you review the terms of these private loans, or any other private loan, before making your decision.

Military/Yellow Ribbon

Stanford GSB offers financial support to members of the veteran community. The Post-9/11 GI Bill helps you pay for school or job training. The Yellow Ribbon Program can help you pay for higher out-of-state, private school, or graduate school tuition that the Post-9/11 GI Bill doesn’t cover.

Last Updated 15 Jun 2020