MBA News: Stanford GSB Offers Notably Cheaper Tuition—on One Condition

Stanford GSB 2

Stanford GSB

Are you interested in a largely paid-for MBA degree at the Stanford Graduate School of Business (GSB)? This might be your chance—that is, if you are a U.S. citizen and can prove ties to at least one Midwestern state in addition to financial need. The business school will accept applications to the inaugural Stanford USA MBA Fellowship throughout the first two rounds of the 2016–2017 application cycle. Up to three chosen applicants will receive as much as $160K toward their degree over the course of two academic years, but these fellows will be required to work in the Midwestern United States for at least two years after graduation. The requirement is intended to help boost economic development in the area—something that the GSB described in a press release as a “part of [the business school’s] mission to educate business leaders to solve society’s most pressing problems.” The applicants’ evaluation will be based on the standard GSB admission criteria, in addition to criteria specific to the fellowship.

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