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Stanford GSB MBA - Scholarships, Fellowships and Loans

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”

Fellowships

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

Additional Details

4) The Reliance Dhirubhai Fellowship

Criteria: Indian students with financial need

No of Awards: 19

Additional Details

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

Additional Details

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

Additional Details


Outside Scholarships

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

Loans

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.

International Students

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

 

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