How Emory Goizueta Helps Underprivileged Students Earn an MBA

When you decide to apply for an MBA program, there are a number of new questions you’ll need to answer. Where would be the best place to earn the degree? What program best fits my career needs? What should I focus my business school studies on?

Among all the other decisions a prospective MBA will need to make, how to pay for the degree may be the last thing on their mind.

It’s no secret that the cost of an MBA—plus the lost income while earning your degree—is intimidating for many prospective students. Many students may choose not to earn an MBA or not to apply to a school that fits their skill and needs due to the price tag. If this seems unjust to you, you’re not alone. Many business schools have committed to making their programs accessible and affordable for low-income students.

The Goizueta Business School at Emory University is just one of those schools, offering a number of loan and scholarship opportunities to help students pay for their degree. Below, we’ve rounded up some of the ways Emory helps to ensure all students—regardless of income—can earn a Goizueta MBA.

How Underprivileged Applicants Can Earn An Affordable Emory MBA

Grants & Scholarships

Grants and scholarships offer students an extremely valuable and all-too-often underutilized opportunity to pay huge portions of tuition without the frustrating proposition of paying it back later. Such funding can be based either on academic merit or financial need.

Tuition Credits: There are a number of tuition credits available for students who fall into specific categories, such as Emory University Alumni, Graduates of the Goizueta Business School Executive Education Program, active duty military and veterans, and applicants working full-time at a 501(c)(3) non-profit. Emory Employees and dependent family members may also be eligible for tuition credits, depending on years of service.

Veteran’s Education Benefits: Veterans and the dependents of veterans may be eligible for monthly education benefits, such as tuition remission. Students looking to receive Veterans benefits who also need additional sources of funding may still do so, and the benefits received will not be considered when determining financial need.

Scholarships: Goizueta offers students the chance to earn a number of potential scholarships based on merit. Many scholarships are offered through partnerships with Atlanta professional organizations. These include:

• Georgia Hispanic Chamber of Commerce: Two $25,000 scholarships
• Department of Health & Human Services: Thirty percent discount on tuition for qualified individuals
• National Association of Asian American Professionals: Two $25,000 scholarships
• Women in Technology: Two $25,000 scholarships

There are also a limited number of honorary scholarships awarded to students after enrollment. The MBA for Executives Class Gift Scholarship, originally endowed by the class of 2005, is offered to students in a professional or field generally underrepresented in the EMBA program. Also available is the Executive Women of Goizueta (EWG) Scholarship, given to accomplished female executives in the Goizueta MBA for Executives program.

Loans

Graduate Loans: Those attending business school are afforded the same federal loan offerings as students starting undergraduate programs. Students may fill out the Free Application for Federal Student Aid (FAFSA) to help determine their financial need and eligibility. Each year, students should fill out a new FAFSA form to reevaluate their need. International MBA students are also eligible for certain types of student loans, which can be explored further here.

 

regions: Atlanta

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