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London School of International Business (LSIB)

Is financial aid available to help cover the Kellogg MBA cost?

Is Financial Aid Available to Help Cover the Kellogg MBA Cost?

One of the most common concerns for prospective students considering pursuing an MBA at Kellogg School of Management is the cost of tuition. However, there are various financial aid options available to help cover the Kellogg MBA cost. Here is a breakdown of the financial aid opportunities at Kellogg:

Merit-Based Scholarships

Kellogg offers a range of merit-based scholarships to incoming students based on academic achievements, professional accomplishments, leadership potential, and other criteria. These scholarships can significantly reduce the overall cost of the MBA program.

Scholarship Name Amount
Dean's Distinguished Scholarship Full tuition
Forté Fellowship $20,000 - $30,000
Kellogg Future Leaders Scholarship $10,000 - $20,000

Need-Based Financial Aid

Kellogg also offers need-based financial aid to students who demonstrate financial need. This aid can come in the form of grants, loans, and work-study opportunities. To apply for need-based financial aid, students must submit the Free Application for Federal Student Aid (FAFSA) and the Kellogg Financial Aid Application.

External Scholarships

Students can also explore external scholarship opportunities to help cover the cost of their Kellogg MBA. Many organizations, foundations, and companies offer scholarships specifically for MBA students. Students are encouraged to research and apply for these external scholarships to supplement their financial aid package.

Employer Sponsorship

Some students may be eligible for employer sponsorship to help cover the cost of their MBA program. Many companies offer tuition reimbursement or sponsorship programs for employees pursuing advanced degrees. Students should check with their employers to see if they qualify for any financial assistance.

Conclusion

Overall, there are various financial aid options available to help cover the cost of the Kellogg MBA program. Whether through merit-based scholarships, need-based financial aid, external scholarships, or employer sponsorship, students have the opportunity to offset the cost of their education and pursue their MBA goals at Kellogg School of Management.