What type of scholarship and financial aid are available?
Most non-scholarship aid is derived from the US federal government. Federal financial aid is available only to US citizens and US permanent residents. Refer to www.haas.berkeley.edu/MBA/finaid/index.html for details. Financial resources are extremely limited for international students. This necessitates adequate financial planning on your part prior to enrolling, as Haas is unable to fully fund students for the cost of their education. Refer to www.haas.berkeley.edu/MBA/finaid/prvtmba.html for private loan options. Over 60% of Haas students receive some form of financial assistance, which can include scholarships, loans, and assistantships. Over $1.5 million in scholarship aid is awarded each year, and 17% of the fall 2006 entering class received a scholarship of some kind. Haas Merit Scholarships are awarded to the most outstanding applicants overall; all MBA applicants are routinely considered for these awards, and no special application is necessary. Haas Achievement Awards are awar
Smeal offers scholarships and assistantships to many students each year. They are awarded based on merit using the admission criteria that considers academic ability, work experience, leadership skills, and overall fit with the program.All applicants are automatically considered for funding and there is no additional application for these awards. For full consideration, candidates should apply by the February 1 application deadline.ScholarshipsFunded by alumni and friends of Penn State to attract outstanding students, these one-time awards typically range from $5,000 to $12,000. In recent years, approximately 20 percent of incoming students have received a scholarship.AssistantshipsAssistantships are two-year awards funded by Penn State to attract outstanding students and to provide support to fulfill the University’s Mission. Recipients work 10 hours per week for the Smeal College with responsibilities ranging from assisting faculty to working in one of Smeal’s research centers.
Smeal offers scholarships and assistantships to many students each year. They are awarded based on merit using the admission criteria that considers academic ability, work experience, leadership skills, and overall fit with the program. All applicants are automatically considered for funding and there is no additional application for these awards. For full consideration, candidates should apply by the February 1 application deadline. Scholarships Funded by alumni and friends of Penn State to attract outstanding students, these one-time awards typically range from $5,000 to $12,000. In recent years, approximately 20 percent of incoming students have received a scholarship. Assistantships Assistantships are two-year awards funded by Penn State to attract outstanding students and to provide support to fulfill the University’s Mission. Recipients work 10 hours per week for the Smeal College with responsibilities ranging from assisting faculty to working in one of Smeal’s research centers.
