Your investment will pay dividends throughout your career in the form of an empowering worldwide network and the confidence to lead boldly.
We invite you to explore our most recent Employment Report to see how our alumni are leveraging their Booth MBAs in their careers.
We also encourage you to review the cost of attendance and think carefully about how to finance your Booth MBA.
The majority of our students fund their MBA experience through student loans, repaying them within 10 years of graduation. We also offer merit-based scholarships for MBA students and fellowships to select admitted students, and we encourage you to explore external funding sources, such as foundations, corporations, and associations.
Here’s an overview of funding options for Full-Time MBA students:
Merit-Based Scholarships
Booth offers a variety of merit-based scholarships to promising students across its degree programs, thanks to the generosity of its alumni. There is no formal application process for these awards, as all applicants are considered based solely on the information provided in their application. Scholarship decisions are based on factors including academic merit, prospective concentration, the quality of the interview, competitiveness, career goals, and life experiences. Award amounts and notification timelines vary by program, with some recipients being notified at the time of admission and others shortly thereafter.
Yellow Ribbon Program
Chicago Booth is delighted to participate in the Yellow Ribbon Program, an enhancement of the Post-9/11 Veterans Educational Assistance Act of 2008, which allows institutions of higher learning in the United States to fund tuition expenses that exceed the highest public in-state undergraduate tuition rate. Yellow Ribbon awards are not scholarships and are available to all veterans at Chicago Booth who qualify under the VA guidelines. The Yellow Ribbon awards are in addition to other VA programs. You can find the application through the University Registrar. For additional information, please contact Admissions. Read more about our admissions policies for US military personnel here.
Full-Time MBA students who are US citizens or US permanent residents have access to federal student loans and/or private student loans.
Chicago Booth is committed to providing financing opportunities for all students regardless of citizenship status. International students without US cosigners have multiple private-loan options as well. More detailed information regarding these programs is available on the Admitted Student website upon admission to the program.
The first step in joining our transformational Full-Time MBA Program is to apply for admission.
Do you have questions about the Full-Time MBA Program cost and financial aid? Contact us. We look forward to hearing from you!
