Loan Forgiveness Program


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Loan Forgiveness by the Numbers



Loan forgiveness participants


Total support provided

Since 1986, The Yale School of Management has provided support to qualified alumni working in the public or nonprofit sectors through a generous educational loan forgiveness program. The Yale School of Management Loan Forgiveness Program was the first program of its kind, and has provided a model for similar programs at business schools. It is the most generous loan forgiveness program among business schools. Hundreds of Yale SOM graduates have benefited from the program and pursued impactful careers in fields that are less lucrative than those in the private sector.

Graduates of the Yale School of Management MBA, MAM, and MMS programs are eligible if they meet the requirements with respect to type of employment, income, and eligible education loans.

The program supports the repayment of annual need-based loans. The income level at which the program fully supports loan repayment is adjusted according to the year of admission and program. International students are also eligible for the loan forgiveness program. 

The terms of the Loan Forgiveness Program are subject to change at any time.


Rebekah Melville, Director of Financial Aid