Putting money into a full-time MBA and getting the maximum ROI at Yale will open international prospects without any limits.

The Office of Financial Aid at Yale aims to help students obtain the right financial assistance for financing their college education. While they provide information to prospective and enrolled students, they still help them with post-graduation issues, including loan repayment, fellowship programs, and loan forgiveness.

Scholarships at Yale SOM

List of Scholarship Awards: 

• Dean’s Scholarship: The dean of the institution offers the Dean’s Scholarship to students for a class, expecting these students will benefit the class. The Dean’s Scholarships may be offered in a donor-funded name upon enrolment in the MBA program.

• Consortium Fellowship: Candidates who apply for the Consortium Fellowship should be fully committed to increasing the diversity of business and leadership. This award applies to students who applied through the Consortium. Selected students get very generous scholarships for tuition and fees for two years of the full-time MBA program. Consortium members may receive other types of awards from Yale SOM; not all members are given Fellowships. 

• Yale-FUNED Scholarship for Students from Mexico: The Yale SOM and Funed Mexico have agreed to have fund support for the admitted Yale SOM students from the Mexican community. FUNED is a private operating foundation dedicated to the area of Educational innovation. They aim to offer co-partnered financial support services and scholarships for qualified Mexican students who want to study a master’s program at reputable international universities.

• Yale-Reaching OUT LGBTQ MBA Fellowship:  The Reaching OUT Fellowship is a competitive Fellowship granted to a maximum of 2 students in the participating MBA programs. Selected Fellows not only have demonstrated strong academic skills but have also demonstrated the capacity to be a leader for the lesbian, gay, bisexual, transgender and queer community. In addition to the financial support provided through Fellowships awarded by participating schools, Reaching OUT LGBTQ MBA Fellows have access to benefits that are designed to highlight them to Reaching OUT’s 80+ corporate partners, connect them to a network of 10,000+ peers and alums that extend beyond their campus, and allow them to develop as out LGBTQ and active ally leaders.

• Aspire Fellowship: For the Class of 2027, the Aspire Fellowship, offering more than $5 million, will be made available to admitted applicants with socioeconomic adversity backgrounds.

As a result, more students would be given a chance for their dreams and goals to work towards furthering their academics and careers. The Aspire Fellowships would be awarded to students who have demonstrated a hardworking attitude to scale through the difficulties when confronted. In this case, this program is under Yale University, trying to make student diversity in school.

Again, the Aspire Fellowships will be announced at the time of admission. Approximately $5 million and above will be given to international students intending to pursue studies in the United States, with a grant of $60000 for tuition fees. Many details concerning such scholarships will be part of the admission application form, and additional information will be available to the student afterward.

• Forté Fellow: Forté Fellowships are offered to accepted students who passionately promote women. The Forte Foundation is the preeminent network for women in business. Forté Fellows exhibit exemplary leadership, represent diverse backgrounds, and lift women worldwide. In 2024, over $4M in Forté Fellowships were given to SOM students.

• Yale Scholarships for Entrepreneurs: To my knowledge, Yale SOM has initiated two merit scholarships for students in each entering MBA class. The scholarships will be awarded based on merit evidence of interest in entrepreneurship and probable success as an entrepreneur. Further, SOM will designate up to five entrepreneurial fellows each year. After graduation, the recipient will receive two years of loan forbearance, allowing the recipient to work full-time at a start-up. There are various awards for summer internships, too.

• Yale Africa Impact Scholarship: Two scholarships will be given yearly to deserving candidates summarizing the Yale SOM mission of preparing leaders for the business world and society. It will provide the money for at least half of the tuition of full-time MBA school. By the time Impact Scholars complete two years after they have graduated from Yale, they are supposed to go back to Africa and work for two more years in a professional capacity that can help advance the continent. However, to qualify for the scholarship, the student from Africa has to apply and gain admission into the full-time MBA program at Yale SOM. All the scholarships provided by UC will be offered depending on the level of competition once the students gain admission. No additional application is needed.

• Global Leaders from India MBA Scholarship:  To date, the full-time MBA program of the Global Leaders from India program offers a minimum of half tuition fee merit scholarships to Indian students who wish to enhance their leadership qualities. The best performers who demonstrate impressive academic and professional successes and leadership skills will be awarded scholarships. All the student citizens of India who will apply for the RMS Yale School of Management MBA program will automatically be considered for the Global Leaders from India scholarship.

(Reference: https://som.yale.edu/programs/mba/affording-your-mba/scholarships-yale-som )