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Fellowships & Scholarships

Awarded to full-time MBA students, merit-based fellowships, and need-based scholarships range from partial to full tuition. All full-time applicants (both domestic and international) will be considered. Please use the tabs below to explore the various types of aid available.


A fellowship committee within the Admissions office makes all fellowship decisions and the awards are competitive and highly selective. Your GMAT, undergraduate GPA, work experience, future goals, etc. are all taken into account by the committee. If you are not awarded a fellowship as an incoming student, all full-time MBA students will have an opportunity to be considered for a fellowship in their second year. Please review the Second Year Fellows quick link to the right for additional information.

Columbia Business School offers the following fellowships in partnership with external organizations:

Forté Foundation Scholarship:

The Forté Foundation, a consortium of major corporations, top business schools, and influential non-profit organizations, offers scholarship opportunities to women who are pursuing an MBA at participating business schools. Exceptional female candidates who have been admitted to a participating school will be nominated for consideration for the Forté Foundation Scholarship by the school's Director of Admissions. No other application information is needed for the scholarship.

Toigo Fellowship:

The Robert A. Toigo Foundation supports a comprehensive fellowship program for under-represented groups pursuing careers in finance. Students who have been accepted to MBA programs among leading business schools are eligible to apply before starting their program in the fall.


Need-based scholarships are available to all students and from all nationalities. A four-step process is required to be considered for assistance. Awards range from $7,500 to $30,000 and can be renewed depending on the award. All assets and liabilities are taken into account when deciding if and how much a student is awarded - cash, savings, checking, trusts, retirement accounts, outstanding prior educational loan debt, etc.

External Searches

Students are encouraged to look for any and all ways to reduce loan debt - external scholarships are a great way of doing this. From corporate fellowships to external foundations, there are opportunities for which you may be eligible. Please use our scholarship search engines and listing of external awards to perform a customized search. Apply directly to the company or foundation before their deadline. If you are awarded an outside award, please inform our office so that we can make the necessary adjustments to your financial aid package. Checks should be made payable to Columbia University and will be applied directly to your tuition bill.

On-Campus Work Opportunities

Students looking to supplement their classroom experience can choose to take on teaching assistantships, research positions or can become tutors to help their fellow classmates. Details on each can be found on the right, however, all positions are paid through the University's payroll system and are subject to taxes.

Military & Veteran Financing

Across Columbia University's many schools and programs, veterans of the US Armed Forces play an integral part in the student life, academic endeavors, and intellectual accomplishments of the University. This section provides an online resource for learning about the various scholarship opportunities and educational benefits available to veterans.

GI Bill® is a registered trademark of the US Department of Veterans Affairs (VA)



Federal loan program changes for '15-'16
Interest rates for graduate students effective July 1, 2015 have been set at 5.84% for the Direct Unsubsidized Loan and 6.84% for the Direct Graduate PLUS Loan. For more information, please visit our Loans page.