Scholarships at Yale SOM

Dean's Scholarships are the bulk of our scholarship grants, awarded by the Dean for anticipated contribution to the class. Dean's Scholarships may be given a donor-funded name upon enrollment in the MBA program.

The Consortium works to empower those who are committed to enhancing diversity in business and leadership. Only admitted students who apply through The Consortium are eligible for this award. Admitted students elected as a recipients of The Consortium Fellowship receive our most generous scholarship of 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.

Launched for the Class of 2027, over $5M in Aspire Fellowships will be offered to admitted candidates who have overcome socioeconomic challenges. 

The Aspire Fellowships will enable more students to pursue their academic and professional aspirations by supporting and empowering students who have shown resilience and determination in the face of challenges. The initiative is part of Yale University’s comprehensive efforts to enhance educational opportunities for students from diverse backgrounds.

Aspire Fellowships will be determined post-admission. Over $5,000,000 will be offered, with individual awards ranging from $60,000 to full tuition and fees. Much of the information required to apply for these scholarships will be gathered from the admissions application, and additional details will be provided to students after admission..

Forté Fellowships are given to admitted students who demonstrate a commitment to advancing women. The Forte Foundation is the preeminent network for women in business. Forté Fellows exhibit exemplary leadership, represent diverse backgrounds, and lift women up in the world. In 2024, over $4M in Forté Fellowships were given to SOM students.

Yale SOM has established two merit scholarships for students in each entering MBA class. The merit-based awards will be granted on the basis of demonstrated interest in entrepreneurship and future potential as an entrepreneur. In addition, each year SOM will name up to five Entrepreneurial Fellows who, after graduation, will receive two years of loan deferral to enable them to work full-time on a startup. Various awards are available for summer internships as well.

At least two scholarships will be awarded annually based on merit to the candidates most likely to advance Yale SOM’s mission to educate leaders for business and society. The scholarships will provide funding for at least half of the tuition for the full-time MBA program. Within two years of graduation from Yale, Impact Scholars are expected to return to Africa to work for at least two years in a professional role that contributes to the continent’s development. To be considered, prospective students from Africa must apply and be admitted to Yale SOM’s full-time MBA program. Once admitted, scholarship decisions will be decided based on the competitiveness of the applicants. No additional application is needed.

The Reaching OUT Fellowship is a competitive Fellowship awarded to a maximum of 2 students at 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 LGBT MBA Fellows have access to benefits that are designed to highlight them to Reaching OUT’s 80+ corporate partners, connect them to network of 10,000+ peers and alumni that extend beyond their campus, and allow them to develop as out LGBTQ and active ally leaders.

Yale SOM and the Fundación Mexicana para la Educación, la Tecnología y la Ciencia (FUNED) have partnered to provide supporting funds to admitted Yale SOM students from Mexico. FUNED is a private operating foundation focused on education. Their mission is to provide complementary financial aid and scholarships for eligible Mexican students who wish to pursue their master’s degree abroad in top ranked universities.

The Global Leaders from India program provides up to five merit scholarships in its full-time MBA program, covering a minimum of half of tuition, for students from the country who are seeking to elevate their leadership abilities. The scholarships will be awarded to the strongest candidates based on academic and professional accomplishments, as well as leadership potential. All citizens of India who apply to the Yale School of Management MBA program will be considered for the Global Leaders from India scholarship; no additional step is required.