Financing your MIT EMBA education
Your acceptance to MIT Sloan is based on a needs-blind admission process. This means that when you are accepted, MIT Student Financial Services (SFS) will work with you to determine your needs and help you with a financial aid package. Pre-application information about loans and financial aid may be found on the SFS website, including Graduate and Professional Student Loans and Private Education Loans. Note that the MIT Executive MBA program does not qualify for Federal Direct Stafford Subsidized Loans and Federal Perkins Loans.
Fellowships and Financial Aid
The MIT Executive MBA is committed to assembling a class of exceptional leaders. Once you are admitted, we will work with you to understand your options, including loans, sponsorship, and fellowships. Every year we award a number of fellowships to accepted students who have demonstrated extraordinary potential in areas including, but not limited to, women’s leadership, minority leadership, government, and not-for-profit organizations.
• Forté Fellowship
• Pechacek Fellowship
• Sloan Leadership Fellowship
All admitted students are considered for Sloan Leadership Fellowships in August.
The following websites provide sources of outside funding for US students and permanent residents:
The Office of Graduate Education (OGE) administers a number of endowed fellowships through an annual competition in March. All nominations (both for new awards and for renewal requests) must be submitted by the departmental graduate office on behalf of the student. Students who qualify for one of the fellowships should contact their advisor in order to be considered for nomination.
The following symbols are used in the fellowship descriptions:
- US citizens may apply
- Permanent residents may apply
- Internationals may apply
Deadline March 7, 2019
Nominations for most fellowships are due in early March with decisions in early April. The department, as the nominator, will be notified first of all decisions. Students will receive confirmation of any award via written letter by May 1 prior to that date, they may contact their department for updates.
With the exception of the Ida M. Green Fellowship and the Endowed Fellowships of the Arab Republic of Egypt, the OGE accepts only one nomination per department for each award.
- A completed copy of the nomination form, preferably with an endorsement from the Department Head
- A curriculum vitae
- A transcript (for currently enrolled students, unofficial transcript or grade report is fine)
- A brief (1-2 pages) research summary from the student, or, for first year students, a copy of the nominee’s “statement of objectives” from his or her application for admission
- At least two letters of recommendation from faculty in the department (for currently enrolled students), or from the applicant’s admissions folder
Renewal candidates will be considered alongside new candidates for funding requests. Please note that If the department chooses to nominate a current fellow for renewal of a fellowship, then it may not also nominate a new student.
For a complete listing of these competitive fellowships, please visit the OGE website.
“The students are from all over the world and represent very different industries. But they are all exceptional leaders in their field, and we share a powerful camaraderie. Together, we examine core issues from multiple perspectives and share and test the “tribal practices” of our industries. I can’t emphasize enough how massively important this is to me and my company.”
Amjad Hussain ’12