Stanford GSB provides fellowships and loans based on financial need. However, for candidates who need loan on a non-need basis to cover their expenses, Stanford team will arrange private lenders.
The MBA Admissions team advises against part-time jobs during Stanford MBA program. Here is what they had to say:
“Due to the rigorous nature of the MBA curriculum, you should not rely on part-time work to defray the cost of the program. The GSB does not offer college work-study. Rarely, research and/or teaching assistantships are offered to MBA students”
1) Stanford GSB Fellowships
Eligibility: All Nationalities
Criteria: Demonstrate Need
How Need is calculated?
Need = Budget - assets+income+contribution from parents, friends, employers and outside fellowships
The Financial Aid Office also performs analysis of all assets both liquid and non-liquid, when determining the eligibility.
Please note that the loans are not considered when evaluating the fellowship need.
How to Apply: No separate application required but you have to submit a completed Fellowship Data Form to match the Donor’s preference.
2) Charles P. Bonini Partnership for Diversity (P4D) Fellowship
Criteria: Students from African Americans, Mexican Americans, Native Americans, and Puerto Ricans, as well as from others whose backgrounds and experience would provide additional dimensions to the P4D and GSB Programs.
Fellowship Requirements and Application Details
Watch a Q&A Event about this Fellowship
3) The Mohammed bin Rashid Fellows Program
Criteria: Nationals of the 22 member countries of the League of Arab States are eligible to apply.
Upon completion of their studies, the Fellows are bound to return to the Arab region for at least two years of employment in the public or private sector.
Award: Cover all financial costs related to tuition, books, accommodation, stipend and travel for the full duration of the Fellowship.
Number of Awards: Up to 5 Annually
4) The Reliance Dhirubhai Fellowship
Criteria: Indian students with financial need
No of Awards: 19
5) Entrepreneurial Summer Program (ESP)
Criteria: Stanford GSB Students working in Entrepreneurial Companies during summer internship
Entrepreneurial Summer Program
6) GSB Internship Program
Criteria: Stanford GSB Students working for Non-Profits and Government.
When: Summer between First and Second Year
7) Siebel Scholars Program
Criteria: Top Academic Achievements, leadership and partly based on Financial need.
Number of Awards: 5
When: Summer between First and Second Year
Amount: Tuition Fee
8) Social Innovation Fellowship
Criteria: Clear Vision for a new Social Venture and dedicate at least one year after graduation in launching the non-profit
Stanford GSB calculates the scholarships before providing fellowships. If you receive less than $10000 as scholarship, the GSB fellowship will not be deducted for the amount. Loans are reduced, only if you the funding exceed the cost of the program.
Download latest Scholarship List with Details
The loan is evaluated based on your citizenship status and the information that you fill out in the Financial Aid application, summarizing your assets (liquid and non-liquid) and other external funding sources.
Please note that the Federal Family Education Loan Program (FFEL) has been suspended, making way to the new Department of Education's Federal Direct Loan Program, complying with the Health Care and Education Reconciliation Act of 2010.
US Department of Education's Federal Direct Loan Program
Criteria: US Citizens and Permanent Residents
Eligibility: No Default on previous loans and no debt from any federal program
Recommendation: US Citizens and Permanent Residents are advised to apply for the Federal Perkins
Loan and Federal Stafford Loans before borrowing from the Federal plus Loan for Graduate Students or a Private Loan.
The good news for International Students is that they can now apply for loans without the need for a U.S co-signer. Stanford have partnered with Star One Credit Union for this loan.
Company: Star One Credit Union
International students from (Croatia, Bosnia and Herzegovina, Serbia, Montenegro, Kosovo, Albania, FYR of Macedonia, Belarus, Myanmar (Burma), Cote d’Ivoire (Ivory Coast), Cuba, DR Congo, Iran, Iraq, Lebanon, Libya, North Korea, Somalia, Sudan, Syria, and Zimbabwe cannot avail this loan
International Loan Forgiveness Program
Criteria: Non-US MBAs working in developing countries
Receive Funding Only for 3 Years Post-MBA
Amount: Partial Funding
Non-profit/Public Service Loan Forgiveness Program
Criteria: MBAs working in public and non-profit sectors
Amount: Partial Funding
How Eligibility for Stanford GSB MBA Loan Forgiveness Program is calculated?
The eligibility is calculated annually based on the percentage of the median base salary and income in bonus of previous class graduating from GSB. Assets will also be calculated while evaluating the eligibility.
Details of Loan Forgiveness Program
2018 MBA Research Guide - Choose your MBA
F1GMAT's Comprehensive MBA Research Guide will teach you how to select MBA programs through a bottom-up approach.
Articulating your Post-MBA Goals and Career Path is the FIRST step. Which program will give you that hike in Salary, Switch in Career, Change in Location or Job Satisfaction?
We cover them all through our extensive analysis.
+ How to Choose the Best MBA Program: Factors to Consider
Define Post-MBA Goals
Pick your Path: Generalize or Specialize
Use Moral Algebra Method
Use Multi-Attribute Utility Theory
Understand the Top 5 Risks
Measure MBA Career Service Team's Effectiveness
Use Bookending to Calculate MBA Admission Chance
Use Net Present Value to Calculate MBA Return on Investment
Don't Fall for the Mere Exposure Effect
Best Practices to find the truth in MBA Information Session or MBA Tour
Comprehensive MBA Research Guide: Includes Top MBA Programs by 19 Specializations:
+ General Management
+ Operations Management
+ Supply Chain Management
+ Luxury Management
+ Information Systems
+ Hospitality Management
+ Leadership Development
+ Military &
+ Top MBA Program Ranking
Top 20 MBA Programs - Tuition Fee (2018)
Top 31 MBA Programs in United States – Total Cost & Salary (2017)
Top 60 MBA – GMAT and GPA (Average & Median)
Top 20 European MBA Programs - Tuition Fee, Total Cost & Salary
Top 20 European MBA Programs (Based on Actual Salary Increase)
Top 20 European MBA Programs (Short-term return on investment)
Top 20 Affordable European MBA Programs
Top 10 MBA in UK – Salary & Fee (2018)
Top MBA Destinations Based on Happiness Index
Top MBA Destinations based on Innovation Index
Top 10 MBA Job Markets based on Cost of living and Purchasing Power
Top MBA Destination: By Economy
+Comparisons - Top MBA Programs
Wharton vs. Columbia MBA (2018)
MIT vs. Stanford MBA (2017)
Haas vs. Ross MBA (2018)
Kellogg vs Ross MBA
Booth vs Wharton MBA
MIT Sloan vs Tuck MBA
IMD vs. INSEAD MBA (2017)
IIMA vs. ISB (2017)
+ MBA in France (2018)
Top Industries in France
Top MBA Programs in France
+ MBA in the UK (2018)
Top Industries in the UK
Top MBA Programs in the UK
Scholarships in the UK