Affording Your MMS

Scholarships are awarded to maximize diversity of thought and experience in the classroom and community, and decisions are based on the strength of the candidate's entire application. All applicants are considered for scholarships - there is no separate formal application. Scholarship recipients are notified at the time of admission.

The school seeks to encourage students from underrepresented backgrounds to enter the asset management industry and will provide scholarships and fellowships to that end. 

Students admitted to the joint M.B.A./A.M. program should consult with the Office of Financial Aid before enrolling in the Asset Management program.

The Financial Aid Office recommends that students research through different outside scholarships for which they may be eligible. Our team has created a scholarship database that allows you to filter by industry, region, population, etc., and is a great resource to assist you in finding external sources to finance your education.

Yale SOM has no institutional loans for international students in the MMS program. As a first step, we encourage all international students to look for sources of funding in their home countries.

If you are unable to obtain funding in your home country,  Quorum Federal Credit Union accepts loan applications from international students who do not have a U.S. cosigner. International students may be eligible to borrow up to 80% of the cost of attendance. International students with a U.S. co-signer may be eligible for private student loans. More information will be provided to admitted students.

Americans and U.S. green card holders are eligible to borrow through federal student loan programs.

• 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. Since its establishment, the school has provided more than $12 million in support to over 400 alumni around the country. It is the most generous loan forgiveness program among business schools.
• The Yale SOM Entrepreneurial Fellowship will allow students to defer their student loan payments for the first two years after graduation. The school pays the interest accruing on the loans, up to $7,000/year. The goal is to help entrepreneurs funnel more time and money into their startups during the critical early years.

As a token of our appreciation for your service, we waive the application fee for all U.S. Military applicants. To request a waiver, contact the Admissions team of the program to which you’re applying before submitting your application.

We have put together additional information on all military financial aid programs online and hope you will use this information as you substantially reduce the cost of your degree.