Merit-based scholarships, fellowships, and assistantships
More than half of our students receive merit aid, with awards ranging from $10,000 to full tuition. There’s no need for an additional application—all merit aid is awarded through the admissions process. Please apply by the Priority deadline (second round) for best consideration.
We base merit-aid awards on the following criteria, without regard to financial need:
- Academic performance
- GMAT/GRE scores
- Professional experience
- Application strength
Dean’s Fellowships—providing two years of full tuition—are awarded to students who are truly exceptional in terms of their total profile including work experience, test scores, undergraduate performance, leadership potential and admissions interview. Dean’s Fellows have access to the Kelley Dean’s Council, a group of leaders from some of the most important companies in the world.
Forté’s mission is to increase the number of female business leaders and to support their careers through business education and networks. Female students named Forté Fellows will receive an award ranging from $15,000 up to full tuition fellowship for each of their two years in the Kelley MBA Program.
Through the Kelley Full Time MBA Program, eligible candidates are offered Global Fellowships of $30,000 to be used toward tuition and fees during each of the two years in the program. Preference is given to students from Latin America or with a direct Latin American connection such as knowledge of Spanish, Hispanic ancestry, nationals from Latin American countries or work experience with Latin American companies.
Kelley School of Business Merit Fellowship
Students demonstrating strong academic skills and leadership abilities are eligible for awards ranging from $7,500 to a full-tuition fellowship award per academic year. Awards given to first-year students are renewable for their second year in the program.
The Reaching Out LGBTQ MBA Fellowship was created to demonstrate that business schools are the top destination to develop the out LGBTQ and active ally business leaders of tomorrow. Students that self-identify as LGBTQ or active ally will be invited to write an essay explaining how they plan on furthering ROMBA’s mission and supporting the LGBTQ community at Kelley. The ROMBA Fellowship is awarded in addition to any other merit-based financial aid offered at admission. Not only do recipients receive financial support, they gain access to Reaching Out’s corporate partners and network of over 10,000+ peers and alumni.
Professional Student Employee Program
Students have the opportunity to apply for a paid assistantship within Kelley School of Business academic departments and offices starting spring semester of their first year. These assistantship positions include grading, research and administration. Assistantship positions range from five to fifteen hours per week and are paid at an hourly rate of $18.75. Please contact Janice Brown for more information.
Need-based aid: Federal and private loans and additional scholarships
Options for all admitted students:
- International students are eligible for private loans, but expect most private loan companies to require a U.S. citizen or permanent resident to act as a cosigner to secure the loan.
- The Institute of International Education highlights opportunities for international students interested in studying in the United States, including Fulbright Program information and other scholarship opportunities.