College Funding
LeBow College of Business
Financial Aid for MBA Students
All applicants to MBA programs are automatically considered for merit scholarships that range from $1,000 to full tuition. Selection criteria include academic, professional, and personal achievements; potential for excellence in a management career as demonstrated by length and quality of post-baccalaureate work experience; GPA; GMAT scores; and an interview with the admission committee. Those interested in merit scholarships are encouraged to apply early in the application process as awards are made on a rolling basis. Applicants applying after the application deadline for U.S. and non-U.S. citizens may not be eligible for merit scholarships.
Students who know that the One-Year MBA is their program of interest are encouraged to apply early and meet one of two early decision deadlines: October 1 or December 1. Students who are offered admission by these dates and have also submitted their Intent to Enroll forms by November 1 or January 1, respectively, will receive Alumni Awards in the amount of $5,000 or $3,000, respectively. These awards are made possible through the generosity of LeBow College of Business alumni.
Drexel Grad Grant
Drexel alumni who are interested in the full-time or part-time Professional MBA are eligible for the Drexel Grad Grant.
PhD Assistantships
There are a limited number of graduate assistantships available for students in the PhD program. Teaching, administrative, and research assistantships are awarded by the faculty after a student enrolls in LeBow College. Stipends vary by program, but range between $18,000 and $25,000 per three-term contract. The stipend is in addition to tuition remission, which pays for three courses a term for the fall, winter, and spring quarters. Graduate assistants work 20 hours a week, either teaching classes or conducting research under the direction of a faculty member.