Scholarships and Fellowships
Through the generosity of corporate, individual, alumni, and foundation donors, Chicago Booth is able to provide full and partial tuition awards for exceptional Full-Time MBA students. We offer:
- Merit-based Scholarships - Merit-based Scholarships are purely financial awards made by Chicago Booth to help exceptional students meet their educational expenses.
- Chicago Booth Fellowships - Chicago Booth Fellowships, which offer more than financial assistance, are structured to foster long-term career mentoring relationships with Chicago Booth faculty, alumni, and corporate leaders.
- Corporate Fellowships - Corporate Fellowships, jointly funded by Chicago Booth and specific corporations, are designed to attract talented, diverse candidates who have demonstrated outstanding leadership as well as academic and extracurricular achievements.
How Decisions Are Made
There is no formal application process for merit-based scholarships, Chicago Booth fellowships, or corporate fellowships. When making award decisions, the Office of Admissions and Financial Aid reviews the initial application materials previously submitted by students accepted into the Full-Time MBA Program and assesses each candidate's overall qualities, including his or her academic profile, intended concentration, strength of overall admissions application, evaluations provided by application readers, quality of interview, and competitiveness.
Some Chicago Booth Fellowships and Corporate Fellowships are intended to advance Chicago Booth's educational mission of preparing leaders who bring diverse viewpoints to our MBA program and the workplace. Like our admissions decisions, all award decisions are made by the Admissions Committee using a comprehensive approach that takes into account a variety of personal criteria, including educational achievement; life experiences; personal interests; location of residence; student's goals and background as indicated in the application for admission; and veteran status. Many scholarship and fellowship decisions are made according to the criteria of our donors. In short, we give serious consideration to all students who can bring the educational benefits of diverse viewpoints to Chicago Booth, regardless of whether a particular candidate is a member of one or more traditionally underrepresented or underserved groups.
Contact Information
For additional information on financial aid, please contact the Office of Admissions and Financial Aid.
