In the third part of the Stanford MBA series, we cover scholarships, loans, and financial aid. Read the first part – Stanford MBA Class Profile Trends and Total Fee, and the second part – Stanford MBA Curriculum Analysis.
Stanford MBA Scholarships and Fellowships
Stanford MBA scholarships are broadly provided based on ethnicity, nationality, leadership, post-MBA careers in non-profit, Finance and real estate, personal traits, association with the military, and academic achievements, although the last criterion is rare as most entering Stanford MBA graduates have excellent academic credentials.
The amount ranges from $1,000 to $50,000, with the class of 2025 receiving on an average of $42,000 in scholarship or external funding each year.
Among the popular scholarships, the American Association of University Women stands out for encouraging minority women to pursue an MBA at Stanford. The amount ranges from $8,000 to $50,000. The other more than $10,000 scholarships designed based on the character of the person outside leadership include Bridging the Dream Scholarship – a scholarship for a person’s holistic contributions and the Harvey Fellows – a scholarship designed for students who have lived their lives with Christian values.
The unusually titled “International Council of Shopping Centers (ICSC) Foundation scholarship,” unlike what the name might imply, is not for anyone associated with shopping centers. It is for candidates demonstrating post-MBA interest in real estate.
The Tillman Scholars Fellowship is one of the reliable fellowships for military veterans with proven leadership in their careers. The $11,000 fellowship is also available to the spouses of the veterans or active service members, making the fund unique for supporting the US military family.
| Stanford MBA Scholarship Name | Criteria | Award |
| The American Association of University Women | Minority Women who are US citizens | $8000 to $50000 |
| The American Institute of Certified Public Accountants (AICPA) | Students pursuing studies in Finance | NA |
| The Bodossaki Foundation Scholarship for Social-Economic Sciences | Students of Greek Nationality | NA |
| Bridging the Dream Scholarship | Graduate Students | $20,000 |
| Cobell Scholarship | American Indian and Alaska Natives | NA |
| Daughters of the American Revolution (DAR) American Indian Scholarship | Native American Students | $4,000 |
| The Dolores Zhorab Liebmann | Graduate Fellowships offered to students for study grants | NA |
| The Marketing Edge program | Students pursuing career in Non-Profit sector | $1000-$7,000 |
| Davis-Putter Scholarships | Students working for Peace and Justice | $6,000 |
| Echoing Green Foundation Fellowships | Social Entrepreneur | NA |
| FlexCapital Scholarship | Business Law students | $2500 |
| The Harvey Fellows | christian Graduate students | $16,000 |
| International Council of Shopping Centers (ICSC) Foundation | ICSC members | $5000 to $10000 |
| Kosciuszko Foundation Tuition Scholarships | Polish students | $1000 to $7000 |
| Lynn Adamson Memorial Scholarship | Students enrolled in graduate program | $15000 |
| The Markowski-Leach Scholarship | Students from LGBTQ community | $2500 |
| he Memorial Education Fund (MEF) and the Stuart Cameron and Margaret McCloud Memorial (SCMS) Scholarships | students pursuing courses in Finance and Accounting | NA |
| The National Federation of the Blind | Blind students | $3000 to $12000 |
| The Tillman Scholars Fellowship | Military Veteran | $11000 |
| Women in International Trade Northern California Scholarship Program | Exceptional academics | $2000 |
External Scholarship
External scholarships for Stanford MBA have been shortlisted primarily based on nationality or country of origin, where the fund ranges from $15,000 to $50,000, except for the fund for Belgian nationals, which is $100,000. In the post-MBA industry, most funds are available for a career in Finance.
The American Association of University Women has one unique $18,000 to $30,000 for international women candidates studying in the US. Such high-value funding outside scholarships based on nationality is provided by two fellowships - the Paul and Daisy Soros Fellowships for New Americans – a $90,000 fund for children of first-generation Americans and $100,000 Samvid Ventures, scholarship for students with strong academic and extra-curricular.
Other popular external scholarships for Stanford MBA are summarized below:
| International External Scholarships | Eligibility | Award |
| The Aga Khan Foundation | Students from Bangladesh, India, Pakistan, Afghanistan, Tajikistan, Kyrgyzstan, Syria, Egypt, Kenya, Tanzania, Uganda, Madagascar, and Mozambique. | Tuition Fee and Living Expenses (50% loan and 50% Scholarship) |
| The American Association of University Women | International women studying in US | $18,000-$30,000 |
| the American-Scandinavian Foundation (ASF) | Scandinavian students | Varies |
| Davis-Putter Scholarships | Students actively working for Justice and Peace | $6000 |
| Echoing Green Foundation Fellowships | Social Entrepreneurs | NA |
| Financial Women of San Francisco | Women from San Francisco Bay Area pursuing career in Finance | $15,000 |
| Fulbright Scholarships for Non-US Citizens | Excellent students from US and Abroad | NA |
| G2 Entrepreneurial Scholarship | Student with excellent entrepreneurial profile | $5,000 (6) |
| G2 Entrepreneurial Scholarship | Students engaged with Liberal tradition of individual rights and market economy | $15,000 (100 |
| HMW- Eizenga | Dutch students interested to earn an MBA degree | $50,000 |
| LunaCap Foundation Scholarship | US veterans, Armed Force of Mexican citizen | $10,000 |
| MPOWER Financing | International or DACA students | $10,000 |
| OPEC Fund for International Development (OFID) Scholarship | students from Developing nations | Tuition and Living Cost |
| The Orbis Investment Management Fellowship | Any MBA student with exceptional talent of investing | $15000 |
| The P.E.O. International Peace Scholarship Fund for Women | Women from countries other than US and Canada | $6000 |
| The Paul and Daisy Soros Fellowships for New Americans | US Residence | $90,000 |
| Samvid Ventures, Samvid Scholars | Students with excellent leadership and academic performance with participation in extracurriculars | $50,000 per academic year |
| TY Danjuma MBA Scholarship | African Students | Variable |
| The Luys Foundation | Armenian students with purpose to change the society | NA |
| American Australian Association | Australian students | NA |
| The General Sir John Monash Award | Australian students | $50,000 |
| Belgian American Education Foundation | Belgian citizen | $100000 |
| Coordination for the Improvement of Higher Education | Brazilian Citizen | NA |
| The Fundação Estudar Scholarship | Brazilian Students | NA |
| Organization of American States (OAS) Fellowships Programs | For Canadian Residents | $30,000 |
| The Canadian Federation of University Women (CFUW/FCFDU) | Women from Canada | NA |
| Colombia Colfuturo Scholarship Program | Columbian students studying Abroad | $25,000 |
| Becas SENESCYT | Students from Ecuador | NA |
| Finland Foundation | Finland Students enrolled in US | NA |
| The League of Finnish-American Societies | Finland students pursuing career in Economics, humanities, sciences, and technology | NA |
| The French-American Chamber of Commerce Serge Bellanger Scholarship | French students studying in US | NA |
| The Ministry of Education and Science of Georgia | Students from Georgia | NA |
| Hungarian-American Enterprise Scholarship Fund | Hungarian Citizen | $25,000 |
| N Tata Endowment for the Higher Education of Indians | Indian Students | NA |
| KC Mahindra Education Trust | Post graduate Indian Students | NA |
| The Putera Sampoerna Foundation | Students from Indonesia | Tuition fee and Living Cost |
| The John R. Mott Scholarship Foundation | Students from Italy | NA |
| The Nova Scholarship | Italian Students | NA |
| Japan-IMF Scholarship Program for Advanced Studies | Japanese students willing to pursue career in economics and work in International Financial Institutions | NA |
| Samsung Scholarship | Koreans Students | $50,000 per year |
| The Kwanjeong Educational Foundation | Korean Citizen | $55,000 per year |
| Leo Rowe Fund | Citizens from Latin America | $15000 |
| Lebanese International Finance Executives (LIFE) | Students from Lebanon | $12,000 |
| Conacyt Scholarship | Mexican students | NA |
| AKER Scholarship | Norwegian students | NA |
| PONABEC (Programa Nacional de Becas y credito educativo) | Citizens of Peru | NA |
| Fundación La Caixa | Spanish students | NA |
| Fundacion Rafael Del Pino | Spanish students with interest in Economics | NA |
| Fundacion Ramon Areces: | Spanish students | NA |
| Talentia Scholarship | students from Andalusia | 100 |
| The James and Mary Dawson Scholarship | UK students | $5000 |
| The Sainsbury Management Fellowship Scheme | UK citizens | NA |
| The UK Fulbright Scholarship | UK citizens | NA |
Stanford MBA Loans
MBA loans through third-party and government funds are calculated after deducting the fellowships and scholarship amount from the total cost of attendance.
Loans for US Citizens and Permanent Residents
The Federal Direct Unsubsidized Stafford Loan and the Federal Direct Graduate PLUS Loan are the most popular loan options for American citizens. Private loans, with a variable interest rate, are the second most common loan opted by Stanford MBA students.
For self-funded applicants who want to leverage the loan option, there are terms that allow a borrowing period of 3-5 years without collateral as long as the applicant signs to pay off the loan within the same period. This option is recommended for applicants entering Finance. Consulting and Finance – three popular and most remunerated post-MBA industries. The average ROI of top MBA programs is 3 years, as we have illustrated in the Net Present Value calculation in the How to Find ROI analysis.
Loans for International Candidates
Loans for international candidates have expanded with the entry of digital lenders who have a wider-range of products and flexible payment terms and repayment periods of 5 to 25 years. Do extensive research before shortlisting funds.
Related Service: F1GMAT's Stanford MBA Application Essay Editing Service
Related Book: F1GMAT’s Stanford MBA Essay Guide
Reference
Stanford MBA Analysis
