When you are considering going to school for an MBA, funding your graduate education is likely to be on the top of your list of concerns. One mistake that aspiring grad students can make in planning educational funding is assuming that scholarships are not available to them. While there are many more undergraduate scholarship opportunities than graduate school scholarships, this does not mean that this type of funding is not available to you. Here are some pointers that can help you locate this funding and secure it for your graduate education.
- Start searching at your school: The best place to begin your search for graduate school funding is at the educational institution you plan to attend. During the application process, you may find information about scholarship programs offered through the school or partnering institutions. If this information is not included in the application, go to the financial aid department and ask about opportunities that may be available to you.
- Take your time on scholarship applications: Graduate programs are more competitive than undergraduate programs, and this is also true for scholarships. You should not rush through your written applications for scholarship funding. Before you begin working on these applications, it may be beneficial to sit down and outline your best achievements from your academic career, along with any professional accolades that you have received. Market yourself like you would for a job, making sure to showcase your unique qualities that will set you apart from the rest of the applicant pool.
- Explore graduate assistantship opportunities: MBA students can get funding for their education by working in non-teaching graduate assistant positions. These positions consist of part-time hours and are awarded based on student merit, which is determined through a written application and personal interview.
At Lipscomb University Graduate School of Business, we work to make our MBA programs affordable to students through financial aid, tuition rewards, and scholarships. Find out how we can help you fund your graduate education with us by calling (615) 966-1833 or by visiting our website.