Overcoming Hurdles: Financing Your MBA and Graduate Degree
Submitted by Prodigy Finance
Almost nothing about business school is cheap. The value of education at this level is an investment into your future. And, just about every student allowed the prestige of adding three letters to their CV and title reports that it’s absolutely worth it.
Most candidates, however, don’t have the resources available to pay for graduate education outright. That’s not surprising given that tuition at elite business schools starts around USD 50,000 per year. Harvard Business School’s price tag is over USD 60,000 for tuition alone. On the other side of the Atlantic, the cost of attending an INSEAD programme is more than EUR 65,000 for ten months of study.
But, many students qualify for some form of “free” financial aid. Upon acceptance of placement, many schools enter candidates into a database for potential scholarships and bursaries. The more unique your situation (and the earlier your application), the more likely you are to receive some form of a grant.