Business Student Grants
Offering Financial Assistance
Business is one of the most exciting industries to be working in right now. The synthesis of technology, new trends in marketing and communications, and an overall push for global markets makes for extremely vigorous movement within private and public sectors.
Once a high school diploma sufficed for most business people, but today's savvy professional must hold at the very least a Bachelors degree with an emphasis on business. And in most cases, he or she will be passed-over for promotions in preference for increasing numbers of MBA professionals.
The Masters in Business Administration degree is de rigueur for the business world. But how are you supposed to afford to go to school?
Like any other college student you should begin with the federal student loans and grants available. Make sure to apply for the Federal Stafford Loan and the Perkins Loan. If you are a graduate student, you now have the option to apply for the credit-based Graduate/Professional PLUS Loan.
Chosen an undergraduate business-centric program or MBA program? Check with the institution for applicable grants and scholarships. Also, your home state might fund part of your tuition if you are an undergraduate student attending a college in your home state. This is part of the federally funded State Student Incentive Grants. Remember, colleges award most grants based on need, so if you have your own trust-fund or your parents have a tidy little income, you may not be eligible. Grant funding is for those students who most need it.
Top Business Schools
- Tepper School of Business with Carnegie Mellon offers a variety of fellowships to doctoral level business students and they are continuing to solicit strong financial support from corporate sponsors.
- Goizueta Business School at Emory University
Grants for Minority Business Students
Minorities and women have a wonderful advantage when it comes to finding grants for business school. Traditionally women and other underrepresented populations have steered clear of a field that has been perceived as white male-dominated and somewhat aggressive in approach. However, in retribution there are a lot of very reputable and powerful organizations with an impressive stable of funds:
- National Society of Hispanic MBAs
- National Black MBA Association
- American Indian Graduate Center
- American Association of University Women