London School of International Business (LSIB)

Are there any scholarships available to offset the Tufts online MBA cost?

When considering pursuing an online MBA from Tufts University, one of the top concerns for many prospective students is the cost. Tufts University is known for its prestigious programs, including their online MBA, but the tuition can be a significant investment. However, there are options available to help offset the cost of tuition, including scholarships.

While Tufts University does not offer specific scholarships for their online MBA program, there are external scholarships that students can apply for to help cover the cost of tuition. These scholarships are offered by various organizations and foundations and are open to students pursuing a graduate degree, including an MBA.

One popular scholarship option for MBA students is the Forté Foundation Fellowship. The Forté Foundation is a non-profit organization that aims to empower women in business. They offer fellowships to women pursuing an MBA at select partner schools, including Tufts University. The fellowship provides financial support as well as access to networking opportunities and career development resources.

Another option for students looking to offset the cost of their Tufts online MBA is to explore scholarships offered by professional organizations related to their field of study. Many industry-specific organizations offer scholarships to support students pursuing advanced degrees in their field. For example, the National Black MBA Association offers scholarships to African American students pursuing an MBA.

Additionally, students can also look into employer tuition reimbursement programs. Some employers offer financial assistance to employees who are pursuing further education, including an MBA. This can be a great way to offset the cost of tuition while also gaining valuable skills and knowledge that can benefit your career.

It's important to start researching scholarship opportunities early and to carefully review the eligibility requirements and application deadlines. Many scholarships have specific criteria that applicants must meet, so it's important to tailor your application to highlight your achievements and qualifications.

In conclusion, while Tufts University does not offer specific scholarships for their online MBA program, there are external scholarship opportunities available to help offset the cost of tuition. By exploring options such as the Forté Foundation Fellowship, industry-specific scholarships, and employer tuition reimbursement programs, students can find ways to make their Tufts online MBA more affordable.