MIT Sloan School Of Management - Fellowships , Scholarships and Loans

MIT Sloan School of Management

Dean's and Diversity Fellowships
Criteria

  • All citizenships and academic backgrounds

No of Awards: 30
Award : $5,000 to full tuition

The Class of 2004 Diversity Scholarship
Criteria

  • Students to MIT Sloan with unique work experiences, educational endeavors, or national backgrounds that are less represented at MIT Sloan.

The William Bowes Teach For America Fellowship
Criteria

  • Teach for America alumnus/a entering MIT Sloan in 2009 and 2010

Award: $50,000

The Forte Fellowship
Criteria

  • Outstanding female candidates who demonstrate leadership in their community, academic institution, or place of work.

No of Awards: Two Forte Fellowship
Award : Half tuition for two years.
P.S: Additional $1,000 to $5,000 Forte awards are awarded depending upon additional funding.

The Legatum Fellowship
Criteria

  • Entrepreneurial graduate students at MIT.

The McKinsey Award
Criteria

  • Academic achievement
  • Demonstrated drive and personal impact
  • Distinctive leadership in
    professional, community or campus activities.

No of Awards: 4
Award: $10,000

The McKinsey Scholarship
Criteria

  • Academic excellence
  • Drive and personal impact
  • Professional, campus or community leadership
  • All applicants

The Trust Scholarship
Criteria

  • Student who graduated from Cooper Union within the past seven years.
  • Demonstrate financial need.

Thomas and Lorraine Williams Fellowship
Criteria

  • Student who graduated from Georgia Institute of Technology
  • Demonstrate financial need.

The Peter Englander Fund
Criteria

  • Student from the United Kingdom.

Award: $25,000
No of Awards: 1

Merit Awards
Criteria

  • Outstanding student contributions
  • Leadership in the MBA community

Award: $1,000 to $10,000.

The Siebel Foundation
Criteria

  • Academic achievement
  • Outstanding leadership.

Award: $25,000 scholarships
No of Awards: Five

MIT Sloan Loan
LGO Fellowships
Assistantships
Additional Sources

MIT Sloan MBA Essay Guide

Cover Letter Question: Please submit a cover letter seeking a place in the MIT Sloan MBA program. Your letter should conform to standard business correspondence, include one or more professional examples that illustrate why you meet the desired criteria above, and be addressed to the Admissions Committee (300 words or fewer, excluding address and salutation).

Short Answer Question: How has the world you come from shaped who you are today? For example, your family, culture, community, all help to shape aspects of your identity. Please use this opportunity if you would like to share more about your background. (250 words or less.)

Video Questions

Question 1: Introduce yourself to your future classmates. Here’s your chance to put a face with a name, let your personality shine through, be conversational, be yourself. We can’t wait to meet you!

Question 2: All MBA applicants will be prompted to respond to a randomly generated, open-ended question. The question is designed to help us get to know you better; to see how you express yourself and to assess fit with the MIT Sloan culture. It does not require prior preparation.

Video Question 2 is part of your required application materials and will appear as a page within the application, once the other parts of your application are completed. Applicants are given 10 seconds to prepare for a 60-second response.

The following are examples of questions that may be asked in the Video Question 2:
•    What achievement are you most proud of and why?
•    Tell us about a time a classmate or colleague wasn’t contributing to a group project. What did you do?

Download F1GMAT's MIT Sloan MBA Essay Guide

 

About the Author 

Atul Jose

I am Atul Jose, Founding Consultant of F1GMAT, an MBA admissions consultancy that has worked with applicants since 2009.

 

For the past 15 years I have edited the application files of admits to the M7 programs: Harvard Business School, Stanford Graduate School of Business, the Wharton School, MIT Sloan, Chicago Booth, Kellogg School of Management, and Columbia Business School, together with admits to Berkeley Haas, Yale School of Management, NYU Stern, Michigan Ross, Duke Fuqua, Darden, Tuck, IMD, London Business School, INSEAD, SDA Bocconi, IESE Business School, HEC Paris, McCombs, and Tepper, plus other programs inside the global top 30.

 

My work covers the full MBA application deliverable: career planning and profile evaluation, application essay editing, recommendation letter editing, mock interviews and interview preparation, scholarship and fellowship essay editing, and cover letter editing for funding applications. Full bio with credentials and admit history is here.

 

I am the author of the Winning MBA Essay Guide, the best-selling essay guide covering M7 MBA programs. I have written and updated the guide annually since 2013, which makes the 2026 edition the thirteenth.

 

The reason I still write and edit essays every cycle: a good MBA essay carries a real applicant's voice. Writing essays for F1GMAT's Books and Editing essays weekly is how I stay calibrated to what current admissions committees respond to.

 

Contact me for school selection, career planning, essay strategy, narrative development, essay editing, interview preparation, scholarship essay editing, or guidance documents for recommendation letters.