Full-Time MBA

Merit Aid

Annually, the Freeman School awards over $2.2 Million in merit-based fellowships. For both domestic and international MBA applicants, the notification of award is included in the letter of admission. Merit awards are intended to encourage academic excellence and enhance the quality of the Freeman School programs by bringing the best and brightest to Tulane. Dependent upon the type of fellowship offered, specific terms may apply and are included the admissions notification letter.

Student loan programs:

Domestic students:

Generally, at the graduate level students use a combination of federal loans and personal funds to attend business school. The average loan for a graduate business student is approximately $30,000 per year. At Tulane, all loans and merit aid is administered through a central financial aid office. The Freeman School financial aid specialist assists students with the aid application process, and is available to discuss the financial options to make your graduate study a reality.

Under the Federal Family Education Loan Program, assistance includes subsidized and unsubsidized Federal Stafford Loans. Other federal programs include Perkins and GradPlus loans, and the Federal Work-Study option. Typically, a federal offer of financial aid consists of a package of student loans and campus employment as determined by federal eligibility criteria. Applicants must be a United States citizen or permanent resident and be enrolled at least half-time (defined as six credit hours at Tulane). To apply for federal aid, students must submit the Free Application for Federal Student Aid (FAFSA). Prospective students can complete the application at any time at http://www.fafsa.ed.gov. Once a student has confirmed their acceptance to the MBA program, please visit http://tulane.edu/gibson-online.cfm to track the status of a pending FAFSA application at Tulane University.

Eligibility for federal assistance is determined by the Office of Financial Aid, based on federal need-based criteria. All questions and correspondence regarding need-based financial aid should be directed to:

Office of Financial Aid
205 Mechanical Engineering Building
Tulane University
New Orleans, LA 70118-5698
(504) 865-5723 phone
(800) 335-3210 toll-free phone
(504) 862-8750 fax

International student loan and grant programs

International students:

Generally, international students must certify funds to complete one year of the program to secure a VISA to study in the US. Naturally, the student should have adequate resources planned to complete the program, and to take advantage of the international experience. International students may seek to borrow funds through the Alternative Loan program, however, this loan option requires that the student have a credit-worthy cosigner who is either a U.S. citizen or permanent resident.

International students should explore International Education Financial Aid (IEFA) website for additional scholarship and loan opportunities. This online resource offers a searchable database which provides direct links to a number of organizations offering assistance to fund study in the United States.

In addition, students from any member country of the Organization of American States (OAS), can seek to borrow funds through the Rowe Fund loan program. Additional information regarding this interest-free loan for Latin America students can be found by visiting https://www.oas.org/rowe .

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