About 20-25% of admitted full-time two-year MBA students receive a merit-based scholarship
The majority of Stern MBA scholarships are full or half tuition awards. All applicants (domestic and international) are considered. No additional materials are required. Scholarship decisions are made at the time of admission and are final. Please note that scholarship award amounts and types may change year to year. If you are an admitted student who has been awarded a merit-based scholarship, please view scholarship details in your official admissions letter. In addition to Stern Scholarships, we maintain one of the most robust scholarship databases where you can learn more about receiving aid from external sources.
Stern merit-based scholarships awarded to full-time two-year MBA students include:
Dean’s Scholarship – The Dean’s Scholarship is one of Stern’s most prestigious scholarships and is awarded to a limited number of our most meritorious admitted students. This scholarship which covers full tuition and fees is presented in the name of Dean Rangarajan "Raghu" Sundaram and affords the opportunity to connect directly with Dean Sundaram.
Named Faculty Scholarship – The Named Faculty Scholarship is designed to pair some of our most meritorious students with some of Stern’s most distinguished and prestigious faculty. This scholarship which covers full tuition and fees matches admitted students based on their background and interests with a designated faculty member in that field. Named faculty scholars have the opportunity to develop close ties to their designated faculty members. This past year, 16 faculty members were selected with the honor of participation: Viral Acharya, Adam Brandenburger, Dolly Chugh, Aswath Damodaran, Kathleen DeRose, J.P. Eggers, Anindya Ghose, Richard Hendler, Alvin Lieberman, Sonia Marciano, Elizabeth Morrison, Glenn Okun, Robert Salomon, Anjolein Schmeits, Robert Seamans, and Tensie Whelan.
Consortium Fellowship (a fellowship covering full tuition and fees awarded in conjunction with a partner organization) – The Consortium for Graduate Study in Management seeks to enhance the representation of African Americans, Hispanic Americans and Native Americans in business education and management. U.S. citizens and permanent residents from these underrepresented groups, as well as other people who can demonstrate a commitment to the Consortium's mission, are eligible. Applicants must apply to NYU Stern through the Consortium application to be considered for this full tuition fellowship.
View more information about the Consortium or learn more about diversity at Stern.
Leadership Accelerator Scholarship – This merit-based scholarship is awarded to applicants at the time of admission only who have demonstrated high leadership potential throughout their application. The Leadership Accelerator’s philosophy is that leadership development requires students to repeatedly put themselves outside their comfort zone, to take risks and fail, and to learn from these experiences through skillful reflection. Learn more about the Leadership Accelerator.
Fertitta Veterans Scholarship – The Fertitta Veterans MBA Program for students in the two-year Full-time MBA is an innovative program specifically designed for U.S. military veterans and active duty students to support their transition to business school. Thanks to a transformative gift from alumnus Lorenzo Fertitta (MBA ’93) and brother Frank J. Fertitta III, Stern established a cohort-based summer 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 at regular corporate visits, 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 program with leadership courses in the summer and the Fertitta Veterans MBA Scholarship, a merit-based scholarship that reduces tuition to a flat-rate of $30,000 per academic year. The Fertitta Program now also includes an expanded Yellow Ribbon Program and the Fertitta Veterans Living Stipend. Learn more about the Fertitta Veterans MBA Program.
Learn more about being a veteran at Stern.
William R. Berkley Scholarship – Established in 2013, The William R. Berkley Scholarship Program supports exceptional college seniors who wish to pursue their MBA full-time at NYU Stern. This scholarship is available for candidates who are admitted to the NYU x NYU / Stern program. Admitted students automatically receive a $10,000 Early Advancement Award to be applied to their Full-time MBA tuition upon enrolling at NYU Stern and are eligible for consideration of further NYU Stern scholarships, including a specially designated one-year Berkley Early Advancement Fellowship covering full tuition and fees in the year in which they enroll at Stern.
Learn more about our Berkley Scholars.
Advancing Women in Business Scholarship - Established in 2017, The NYU Stern Advancing Women in Business Scholarship is a merit-based scholarship that is awarded to students entering the Two Year Full-time MBA program that demonstrate a deep and abiding commitment to advancing women in business. This scholarship covers full tuition and mandatory fees for the two years of the Full-time MBA program. The award is partially funded by alumnae and members of the Stern Executive Board.
Forté Fellowship (awarded in conjunction with a partner organization) – The Forté Foundation is a consortium of major corporations, top business schools and influential nonprofit organizations dedicated to educating and advancing women in business. Stern designates Forté Fellows at the time of admission to exceptional candidates who have already been selected to receive a merit based scholarship and are committed to promoting gender equity in business.
Read more about the network of women at Stern.
ROMBA Fellowship (awarded in conjunction with a partner organization) – Reaching Out MBA (ROMBA) is an organization that educates, inspires and connects LGBTQ+ MBA students at business schools in the United States. Stern designates ROMBA Fellows to exceptional candidates who have already been selected to receive a merit-based scholarship and who have a demonstrated interest or commitment to opportunities for LGTBQ+ leaders in business.
Elizabeth Elting Advancing Women's Leadership Fellowship - The Elizabeth Elting Advancing Women's Leadership Fellowship was established in 2019 by Stern alumna, philanthropist, and entrepreneur Elizabeth Elting (MBA '92). Ms. Elting is the Founder and CEO of the Elizabeth Elting Foundation, a charitable endeavor dedicated to breaking down the barriers that hold back women and marginalized people. She also serves as a member of the Stern Executive Board. Each year, the Elizabeth Elting Advancing Women's Leadership Fellowship is awarded to two two-year Full-time MBA students and two one-year Andre Koo Tech MBA students. The Fellowship covers $50,000 per academic year for the two-year Full-time MBA and $50,000 for the one-year Andre Koo Tech MBA. Recipients of this award display extraordinary academic merit, an impressive record of leadership experience, an entrepreneurial spirit, and a dedication to advancing women in business. Stern designates Elizabeth Elting Fellows at the time of admission to exceptional candidates.
Directors Scholarship - This $50,000 scholarship is for the first year of study and is awarded to admitted students showing strong merit.
Community Scholarship - This $25,000 scholarship is for the first year of study and is awarded to admitted students showing strong merit.
Scholarships Awarded after AdmissionBelow are scholarships awarded to admitted Full-time MBA students that do not require a separate application.
- Howard Gilman Foundation Scholarship – With the generous support of the Howard Gilman Foundation, the Howard Gilman Foundation Scholarship will be awarded to graduate students who have careers in the performing arts, and who now seek to become trained in business. Students will be selected by the Financial Aid office and no separate application is necessary.
- Hyundai Motor America and Kia Motors America Scholarships in Law & Business – With the generous support of Hyundai Motor America and Kia Motors America, the Hyundai Motor America and Kia Motors America Scholarships in Law & Business will be awarded to JD/MBA Dual Degree students who are pursuing careers in law & business. Hyundai and Kia Scholars will be required to enroll in the Law & Business Projects Seminar during their final year through which they may receive the substantial writing credit required for the law degree. The awards are merit and need-based scholarships and no separate application is necessary.
Scholarships Awarded after Admission by ApplicationBelow are scholarships awarded to incoming Full-time MBA students that require a separate application. Admitted students are notified about the application process for these scholarships as the information becomes available, typically during their first semester.
- Moral Contract Scholarship
- Harvey Beker Scholarship