College Funding
LeBow College of Business
Assistantships
There are a limited number of graduate assistantships available in the full-time MBA, MS, and PhD programs. Teaching, administrative, and research assistantships are awarded by the faculty after a student enrolls in LeBow College. Stipends vary by program, but range between $3,300 and $7,560 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. Including the tuition remission, the total value of a teaching assistantship can be in excess of $18,000 per academic year. Graduate assistants work 20 hours a week, either teaching classes or conducting research under the direction of a faculty member.
Financial Aid for One-Year MBA Students
All applicants to the One-Year MBA 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.
Outstanding applicants currently residing in the continental U.S. will be considered for the prestigious Dean's Scholar Award — the highest honor awarded to One-Year MBA applicants. Fifteen outstanding applicants will be nominated and invited to participate in the One-Year MBA Scholars Day.
Financial Aid for Professional MBA Students
Drexel Dean's Fellowships and the Drexel Alumni-Trustee Endorsement Grant are available for students interested in the full-time Professional MBA. Drexel alumni who are interested in the full-time or part-time Professional MBA are eligible for the Drexel Grad Grant.