university of chicago booth school of business
The majority of our students fund their MBA experience through student loans, repaying them within 10 years of graduation. We also offer merit-based scholarships for MBA students and fellowships to select admitted students, and we encourage you to explore external funding sources, such as foundations, corporations, and associations.
Here’s an overview of funding options for Full-Time MBA students:
Awards, Scholarships, and Fellowships
Merit-Based Scholarships
Booth offers a plethora of merit-based MBA scholarships to promising students. There is no formal application process for these awards—all applicants are considered, and decisions are based solely upon the information provided in the application. Awards are communicated at the time of admission and recipients are chosen based on academic merit, prospective concentration, the quality of the interview, competitiveness, career goals, and life experiences.
Available Awards
Yellow Ribbon Program
Chicago Booth is delighted to participate in the Yellow Ribbon Program, an enhancement of the Post-9/11 Veterans Educational Assistance Act of 2008, which allows institutions of higher learning in the United States to fund tuition expenses that exceed the highest public in-state undergraduate tuition rate. Yellow Ribbon awards are not scholarships and are available to all veterans at Chicago Booth who qualify under the VA guidelines. The Yellow Ribbon awards are in addition to other VA programs. You can find the application through the University Registrar. For additional information, please contact Admissions.