To help you make that initial investment, we offer part-time MBA scholarships, federal loans for US citizens and permanent residents, private loans for both domestic and international students, and veterans benefits. In addition, we lock your tuition for four consecutive years at the rate it was when you started. Here’s a look at the options.
Thanks to the generosity of our alumni, Booth awards a limited number of merit-based scholarships to Evening MBA and Weekend MBA admitted students. No additional application is required; scholarship decisions are based on your MBA application. Award amounts vary, and recipients are typically notified two to three weeks after being offered admission.
These fellowships are awarded each year to students who have exhibited exemplary academic, team, community, and/or creative leadership and are committed to advancing the interests of women in business. Awards amounts vary and winners are expected to participate in Forté Foundation and Admissions recruiting events.
These fellowships are awarded to incoming students currently in or pursuing a career in marketing who plan to concentrate in marketing management. The award includes mentorship from senior marketing executives. No additional application materials are required. See here for more details about the Fellowship.
Chicago Booth is delighted to participate in the Yellow Ribbon Program, an enhancement of the Post-9/11 Veterans Educational Assistance Act of 2008, which allows institutions of higher learning in the United States to fund tuition expenses that exceed the highest public in-state undergraduate tuition rate. Yellow Ribbon awards are not scholarships and are available to all veterans at Chicago Booth who qualify under the Veterans Affairs guidelines. The Yellow Ribbon awards are in addition to other VA programs. You can find the application through the University Registrar.
Designed for impact-driven professionals, this selective program offers tuition awards for MBA students in the public or social sector.
Civic Scholars Program
This one-year program is for students entering their final year of study at Chicago Booth, the Crown Family School, or the Harris School. It brings together an interdisciplinary group of promising and eligible UChicago scholars to gain the education, skills, relationships, and perspectives needed to tackle their communities’ most pressing challenges.
The University of Chicago Obama Foundation Scholars ProgramEvening MBA and Weekend MBA students who are US citizens or permanent residents are eligible to apply for the following loans.
The Direct Unsubsidized Loan is a federal student loan available to US citizens and US permanent residents who enroll in at least 200 units each quarter. This loan, which is not credit-based, carries a fixed interest rate and has an annual borrowing limit of $20,500.
A credit-based federal loan, the Direct PLUS Loan can be used to supplement the Direct Unsubsidized Loan. It is available to US citizens and US permanent residents who enroll in at least 200 units each quarter, and the interest rate is fixed. Students can borrow up to the full cost of attendance (which is set by Booth Financial Aid) minus any other financial assistance.
All students may apply for private, credit-based alternative loans. Students can borrow up to the full cost of attendance (which is set by Booth Financial Aid) minus any other financial assistance. Private-loan terms are set by the lender.
All international students—those who have access to a US cosigner and those who do not—have multiple lending options in the private-student-loan market. More detailed information regarding these loans and programs is available to admitted students.
You can review the loan policy for Chicago Booth in the loan policy documentation.
Questions about the Evening MBA and Weekend MBA Programs? Contact our admissions team. We look forward to hearing from you!
Phone: 312.464.8700
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