Berkeley Haas Transforms Tragedy into Social Good
In the wake of a heartbreaking tragedy, students at the Haas School of Business at the University of California, Berkeley, utilized their empathy and initiative, creating a chance to fund future underrepresented minority and social impact startups.
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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.
Carey School of Business Professor Earns Discovery Awards Research Grant
Since 2015, Johns Hopkins University has issued Discovery Awards to fund new collaborative projects by researchers from across the university’s various schools and divisions. According to a recent press release, Roman Galperin, an Assistant Professor from the Carey School of Business, becomes the latest faculty member from JHU’s business school to be awarded the grant. Continue reading…
Seattle University Offers Additional Aid for Low-Income Students
Three years ago, Seattle University began an experiment to see if they could give additional financial aid to promising low-income students, and, so far, it’s working. The program is simple: Low-income students who earn a strong GPA in their first quarter of school receive an additional $1,000 incentive. And, if those students keep their GPA above a 3.0, they continue to receive extra money year-over-year. It’s called a Challenge Grant. Continue reading…
Leavey Professors Receive Hackworth Grants
Two Professors from the Leavey School of Business have recently received grants for their work from the Markkula Center for Applied Ethics, according to a press release from the school. The Markkula Center promotes the study of ethics in relation to both personal and professional life, with an emphasis on practical tools for ethical living and action. The grants are funded by an endowment from Michael and Joan Hackworth. Michael Hackworth is well-known for serving CEO and President of Cirrus Logic as well as being an important early investor and philanthropic force in Silicon Valley. Continue reading…
