NYU Stern recognizes the significant challenges veterans face in transitioning from the military to business school. In 2016, thanks to a transformative gift from alumnus Lorenzo Fertitta (MBA ’93) and brother Frank J. Fertitta III, Stern established the Fertitta Veterans MBA Program, a cohort-based program specifically designed for U.S. military veterans and active duty-students that includes significant scholarship support, a summer session with early access to coursework and immersive learning, and a special leadership curriculum woven into the MBA experience. Today, their generous contribution supports the many components for which the Fertitta Veterans MBA Program is known – the cohort-based summer program and the Fertitta Veterans MBA Scholarship. The Fertitta Veterans MBA Program also includes an expanded Yellow Ribbon Program and the Fertitta Veterans Living Stipend.

NYU Stern proudly participates in the Yellow Ribbon Program, available to veterans of the U.S. Armed Forces who are 100% eligible for Post 9/11 VA Benefits. Thanks to the support of the Fertitta brothers, Stern will contribute awards of up to $30,000 per academic year to each eligible MBA student who opts to use Yellow Ribbon, and this will be matched by the Veterans Administration for a total award of up to $60,000 per year per student. Full-time MBA students who are eligible for and plan to use Yellow Ribbon benefits will also receive a $20,000 Fertitta Veterans Living Stipend. 

Students cannot receive both the Fertitta Living Stipend and the Fertitta Veterans MBA Scholarship.  Students who do not use Yellow Ribbon benefits will separately be considered for the Fertitta Veterans MBA Scholarship. 

Please note that all military veterans and active duty-students in the Two-Year Full-time MBA Program are eligible to participate in the summer session, even those who are not awarded a Fertitta Veterans MBA Scholarship or are not using Yellow Ribbon benefits. 

In addition, all Full-time MBA applicants are considered for all of Stern’s merit-based scholarships at the time of admission. 

Program Content

U.S. military veterans and active duty students who are admitted to Stern’s two-year full-time MBA program will have the opportunity to participate in the summer session of the Fertitta Veterans MBA Program or begin their studies in the fall semester.

The uniquely designed intensive summer session takes place over six weeks in July and August and includes:

• 2 core academic courses (6 credits total): Statistics & Data Analysis, Accounting
• Career development and leadership activities
• Corporate visits
• Alumni engagement & networking sessions
• Social activities

The summer programming gives students an opportunity to get an early start on classes, explore different career paths, and engage with the military community at Stern. Students who attend the Fertitta Veterans MBA Program summer session will join their incoming Full-time MBA classmates for mandatory LAUNCH Orientation to officially kick off the fall semester.

Fertitta Veterans MBA Scholarship

The Fertitta Veterans MBA Scholarship is a merit-based scholarship that reduces tuition to a flat-rate of $30,000 per academic year. Active-duty and veteran students who are admitted to Stern are eligible to be considered for the Fertitta Veterans MBA Scholarship, regardless of whether they participate in the summer session or start in the fall semester. Not all students who participate in the summer session will be awarded the Fertitta Veterans MBA Scholarship.

Yellow Ribbon + Fertitta Living Stipend

NYU Stern is pleased to participate in the Yellow Ribbon Program. This program is available to veterans of the U.S. Armed Forces who are 100% eligible for Post 9/11 VA Benefits. Thanks to the generous support of the Fertitta brothers, Stern will contribute awards of up to $30,000 per academic year to each eligible MBA student who elects to use Yellow Ribbon benefits. The Veterans Administration will match these funds for a total award of up to $60,000 per year per student. NYU Stern will also provide the $20,000 Fertitta Veterans Living Stipend to students who elect to use Yellow Ribbon benefits. Students cannot receive both the Fertitta Living Stipend and the Fertitta Veterans MBA Scholarship.

Please visit the Department of Veterans Affairs website for additional information on eligibility for Yellow Ribbon and any other VA funding benefits.

Sample Fertitta Program Schedule