Is financial aid available?

Is financial aid available?

All applicants to full-time MBA programs are automatically considered for merit scholarships. Selection criteria include academic, professional and personal achievements, and potential for excellence in a management career, as demonstrated by length and quality of post-baccalaureate work experience, GPA, GMAT scores, and an interview with the admissions committee.

All MBA applicants are also eligible for the Drexel Alumni-Trustee Endorsement Grant. By having a Drexel alumnus complete the form that is within the application, and submitting this with the application, admitted applicants are eligible to receive $1,000 discount for that year.

Students who know that the One-Year MBA is their program of interest are encouraged to apply early and meet one of two early decision deadlines: October 1 or December 1. Students admitted by these dates, that have also submitted their “Intent to Enroll” forms by November 1 (for the October 1 deadline) or January 1 (for the December 1 deadline), will receive an Alumni Award in the amount of $5,000 and $3,000, respectively. These awards have been made possible through the generosity of LeBow College of Business alumni.

Federal Stafford Student Loans are available for domestic students or permanent residents. To be eligible, students need to complete the FAFSA (Free Application for Federal Student Aid) that is available at http://www.fafsa.ed.gov. Also, please visit the Drexel Graduate Studies Financial Aid Web site.