MBA Scholarships and GrantsOnce you have made the decision to enroll in business school to get an MBA the next issue is usually how you will finance your education. Much will depend on where you will be attending and the method of learning that will best suit your career goals and your particular lifestyle mba part time. Business schools today provide students with more choices than ever before such as:Things to consider for MBA Scholarships and Grants:Full-time programs on a traditional college campusPart-time MBA programsOnline or distance learning MBACombination of traditional and online learning
The total cost for an MBA program can vary significantly from school to school as well as on the learning method you choose. The important factors that all prospective students should research are the many MBA grants and scholarships available through private, government and college institutions.
scholarships for MBA or other degrees differ from loans or scholarships in that they never have to be repaid and are not merit-based. MBA grants is in fact free money that is based on a particular student’s needs. The most common Grants for MBA are:Federal, state or provincial government grants (depending on the country one studies in)
Private and public institutionsColleges and UniversitiesAll MBA grants are need-based and fall into specific categories which can easilybe researched online through:Minority based MBA grantsDegree level grants for MBASubject specific grants for MBAStudent specific needs grants for MBA
Federal MBA scholarships are usually the best way to begin and the easiest to research. If you will be attending business school in Canada the following sites will give you more detailed information on how you might qualify for grants for MBA programs.