Invest in Your Future
Pursuing your MMS degree at Yale is a major investment. Yale SOM is happy to work with students to help them secure funding for their MMS education through a combination of resources.
We work with prospective and admitted candidates, and continue to advise you on post-graduation loan repayment, fellowship programs, and loan forgiveness.
Types of Aid
Merit-Based Scholarships
All applicants will automatically be considered for merit-based scholarships. No separate application is required. Scholarship recipients are notified at the same time that they are admitted. The school seeks to encourage students from underrepresented backgrounds to enter the asset management industry and will provide scholarships and fellowships to that end.
External Funding Resources
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.
Federal Student Loans
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. 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 the federal student loan programs.
Loan Forgiveness Program and Entrepreneurial Fellowship
- 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.
Benefits for U.S. Military and Veterans
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.