Financing an MBA degree is one of many crucial factors a prospective student must consider prior to entering into business school. Since expenses at the Stanford University Graduate School of Business require a substantial financial commitment from both the student and the University, MBA candidates are encouraged to begin saving personal resources far in advance of apply to the program. The GSB does it part by providing not only need-based fellowships and loans, but also non-need based loans to all students who qualify for assistance, including permanent residents and international students. 

The Financial Aid Office attempts to be fair and equitable in the distribution of financial aid, especially fellowship aid. Approximately one-half of the MBA students receive fellowship funds and more than two-thirds borrow to finance their MBA. All fellowships are need-based; the GSB does not offer merit-based fellowships.

All students are expected to contribute a portion of their income and assets and to think about lifestyle choices that will affect their debt level following graduation. Students are encouraged to repay consumer debt prior to applying for financial aid at the GSB. The student budget assumes a moderate lifestyle and is not sufficient to accommodate payments for credit cards, cars, etc. 

The Financial Aid Office staff is available to answer questions regarding the application process and policies at any time. However, due to the large number of applications for admission to the MBA program, the Financial Aid Office reviews and awards financial aid to admitted students only. Upon admission, each student received access to the MBA Student Site where there is more in-depth financial aid information. 

For answers to common questions, please visit our Frequently Asked Questions page.