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Financial Aid Options

There are numerous ways to finance your Executive MBA degree.

Corporate Sponsorship

Find out if your employer offers a MBA funding program. From health care corporations to automotive supply companies to financial services firms, hundreds of organizations have supported students in the Executive MBA program.

After all, the Broad Executive MBA benefits the employer as much as the employee. That’s because the program teaches students how to make smarter decisions and more valuable contributions on the job–and ultimately boost their company’s bottom line.

In fact, it takes only 17 months on average from the start of a student’s program for a company to gain its return on investment, according to a recent study of corporate sponsors by the Executive MBA Council.

Scholarships from External Sources

Executive MBA students are encouraged to investigate all sources of funding, including government and private scholarships. Below are some resources that may offer funding opportunities. We encourage students to carefully and thoroughly investigate these sources.

  • FastWeb – Scholarship search engine.
  • Peterson’s – Scholarship search engine.
  • Scholarships.com – Scholarship search engine.
  • FinAid – A comprehensive resource for student financial aid information, including an online searchable database of financial aid resources.
  • Graduate Management Admissions Council – A resource for information on graduate programs.
  • Sallie Mae Scholarship – Search SLM Corporation, commonly known as Sallie Mae, owns or manages Federal Stafford Loans and other student loans.

Broad Executive MBA Scholarship

A new scholarship is now available, thanks to the generous support of Executive MBA alumni. Students must be admitted to the program prior to applying.

Federal Financial Aid

Most students can qualify for financial aid in the form of student loans. Here are a few of the most common student loan options:

Direct Unsubsidized Loan

This federally guaranteed loan is not based on financial need. Interest begins accumulating at disbursement, but no payment is required until six months after completing the program. The annual loan maximum is $20,500.

Federal Graduate PLUS Loan

This loan is not based on financial need. Interest begins accumulating at disbursement, but no payment is required until 30 to 60 days after completing the program. The annual loan maximum is the student’s budget minus all other aid.

MSU Office of Financial Aid

If you have additional questions about financial aid options, visit MSU Financial Aid. You can also feel free to contact Cindy Osborne at the contact information below. Please identify yourself as a prospective Executive MBA student.

Cindy Osborne, MBA Liaison
517-353-5531


Eli Broad College of Business

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