Online MBA Programs With Top Scholarships

Online MBA Programs With Scholarships – Better career opportunities make the cost of an online MBA an investment in your future. Career coaches and academic advisors recommend that you contribute to the cost of your MBA if possible. Some companies and organizations may be willing to help you achieve this goal because they use the skills and training that the best accredited online MBA programs provide to their students. aims to help students find financial aid and employer-sponsored scholarship opportunities. 

Your current employer may be a willing partner in financing an online MBA. Companies that offer tuition assistance to their employees typically do so in one of two ways: tuition reimbursement or tuition assistance. Tuition reimbursement programs require students to pay their tuition up front and then request a refund after the course is completed. Companies that offer tuition assistance pay the tuition up front. If pre-financing is not available, you can allow students to defer tuition payments. Such benefits typically occur through collaboration between the company and the academic program. We work with a large network of well-known companies that offer these training expenses to their employees and support their professional development.

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Federal grants and student loans are another effective way to help prospective students finance their graduate studies. According to the Education Data Initiative, American students used a total of $1.73 billion in borrowing resources through 2023. Federal student loan programs often offer flexible repayment options after students graduate. Grants have the advantage of not requiring repayment, but unlike student loans, grants are usually administered only through government agencies or private organizations. Grants often serve as a gateway to future careers at the granting organization. However, the cost is such that students do not have to go into debt to earn a first-rate degree, even without employer support. 

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Top accredited online MBA programs use a variety of scholarships. Each offers a certain level of prestige and means of financing school. Master’s scholarships often fall into the following categories:

Students can combine scholarships with incentives or rewards for their performance, which is the principle of merit-based scholarships. You can stand out by demonstrating consistent success during your undergraduate studies. You may also qualify for a scholarship if you achieve a certain grade point average during your graduate studies. Merit scholarships are often awarded based on academic, civic, or professional achievement. Your company or community may recognize your leadership or volunteerism through a scholarship to help you achieve your professional goals. 

Scholarships are not always awarded based on academic achievement; they can also be awarded based on financial need. If you do not have the financial resources to support your graduate studies, some organizations offer scholarships to help cover costs. These scholarships recognize your ability to improve your employment situation without having to pay for tuition. You may be asked to provide tax documentation to show that your financial situation meets the eligibility criteria. 

Diversity, Equity, and Inclusion programs provide scholarships to members of underrepresented or underserved communities. The goal of financial aid in this case is to encourage recipients to use their education to make a positive impact on their communities. Scholarships for international students also fall into this category. The Education Data Initiative lists several examples of organizations that offer such support, including the United Negro College Foundation, the Society for Women Engineers, and the Center for Women in Technology.

Top Online Mba Programs Offering Scholarships

Companies and government agencies use scholarships as a recruiting tool. These types of scholarships often come with strings attached, such as requiring recipients to work at the scholarship institution after completing their MBA program. Career scholarships can direct students to specific fields of study. Industries such as healthcare, finance and technology, or companies where business skills support core services, are encouraged to have specializations that coordinate scholarships.

A variety of great scholarships are available to online MBA students. Military units often offer scholarships to their members in return for their service. Civil society organizations may choose to award scholarships to honor individuals who best represent their values ​​or are part of a group. Alumni associations looking to expand their membership or enhance their reputation may award graduate scholarships to achieve these goals. 

Earning an MBA online is made easier when the degree is offered at a very affordable price. Our innovative learning model and a variety of study support options, such as scholarships and employer funding, ensure that students receive an exceptional education at a fraction of the cost of other elite schools. This helps secure our place among the top accredited online MBA programs. To learn more about the resources available to you as a student, contact our admissions team today. 

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Approximately 80% of our incoming students (both domestic and international) receive entrance scholarships ranging from $10,000 to $70,000.

To be considered for an admission award, applicants must complete the Scholarship section of the online MBA admission application. There is no separate application for individual review. Successful applicants will be notified of an offer of admission prior to the start of the program.

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There are also a number of external scholarships and grants and other types of financial aid available to students across Canada. Students are encouraged to explore the Student Awards and Canada Scholarships websites for more information.

International students seeking external scholarship opportunities should visit the Funding for International Candidates page for additional resources and information.

All MBA applicants are subject to a thorough review. The MBA admissions process considers academic achievement, community contribution, professional ambition, personal motivation and leadership orientation.

Applicants who identify as Indigenous students* and are accepted onto the MBA will automatically be considered for one of five MBA Indigenous Entrance Scholarships worth up to $10,000.

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Awarded annually to a full-time student completing a business school MBA program. The award recognizes an equity student who has demonstrated Indigenous* leadership and academic achievement. Preference will be given to students who demonstrate financial need.

*Indigenous peoples are the indigenous people of Turtle Island (North America), including First Nations, Metis and Inuit in Canada, as well as Native Americans, Alaska Natives, and Native Hawaiians in the United States.

Most candidates will require some private funding to contribute to their MBA investment. We recommend exploring various bank loan options.

The Business School has developed an MBA loan program in partnership with a number of Canadian banks to create a competitive loan package for MBA candidates.

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Repayment terms vary by institution, with some banks allowing individuals to make twelve months of interest-free payments after graduation. These loans are similar to a personal line of credit in that you are charged interest each month. Interest rates are competitive. Each bank will consider your application based on their lending criteria.

Each bank has appointed a London branch to process all MBA loans. This allows for a more personalised and efficient service for each student. We recommend comparing the fees and terms of all student loan products in the table below to see which best suits your needs.

If you are working with someone at your local branch, please contact the London branch using the contact details below – not all branches are aware of this special rate.

The Canadian government and its provincial governments offer a variety of loan programs to help graduate students finance their studies.

Top 35 Healthcare Mba Online Programs

OSAP assistance is available to Canadian citizens

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