Pursuing a full-time MBA program in the U.S. is a costly affair as the total cost of attendance varies from 1,50,000-2,50,000 USD. Moreover, when you plan to study at the Chicago School of Business, you have to bear several other expenses such as accommodation, insurance, student service fee, etc.
To give you an idea, the estimated cost of attendance Booth Business School is mentioned in the following table:
|Category||Expense (in USD)|
|MBA Tuition Fees||1,44,000|
|Student Service Fee||1,248|
|Lifetime Fee Credentials||75|
|Room and Board||22,185|
All three scholarship programs offered students relaxation in the Tuition fee.
|Scholarship Type||Merit-Based, College-Specific|
|No. of Scholarships||N/A|
|International Students Eligible||Yes|
|Scholarship Website Link||N/A|
To establish eligibility for the University of Chicago Booth School of Business scholarships,
It is quite easy to provide proof of citizenship and residentship, all you have to do is provide the institution with your updated passport. However, the eligibility criteria for the MBA program is not so simple.
To be considered for admission, you have to submit various documents. The table below will guide you for the same.
|Academic Qualifications||UG transcripts & degree|
|English language proficiency||TOEFL-iBT: 104; TOEFL-pBT: 600; IELTS: 7.0; PTE Academic: 70|
|References||1 academic LOR; 1 professional LOR|
|Application questions||2 questions; minimum 250 words for each answer|
|Standardized test score||GRE/GMAT score|
There is no additional application process for these fellowships and scholarships. All applications are considered and decisions are based solely upon the information provided within the application.
The selection process is highly competitive; awards are based upon information provided within the original application and are communicated at the time of admission.
Recipients are chosen on their academic merit, prospective concentration, competitiveness, career goals, and life experiences.
At Booth Business School, Indian students considered for three different scholarships: The India Trust Fellowship, Akhtarali H. Tobaccowalla Fellowship, and Ramakrishnan Family Scholarship. The grant history for all three scholarships are given below:
Through the generosity of individuals, corporate, alumni, and foundation donors, the business school offers The India Trust Fellowship. This is a merit-based fellowship that recognizes students with outstanding academic and extracurricular achievements.
This fellowship scheme is established in memory of the 1952 graduate of Chicago Booth. Applications of all the eligible students will be considered automatically. Decisions are made using the comprehensive approach which takes into account your educational achievement, experiences, interests, location of residence, and goals as indicated in the application for admission.
The Ramakrishnan Family Scholarship scheme provides tuition support to three incoming students from India. Recipients will be awarded 25,000 USD per year, totaling 50,000 USD each for the two-year program.