How do I apply for a scholarship?
There is no application process for Stern scholarships. Incoming full-time students who apply by November 15 are automatically considered for merit-based awards given by MBA Admissions. Students who miss the priority deadline are considered based on the availability of funds.
Full-time and part-time students who have completed the first half of the program are automatically considered for merit-based donor awards.
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How many scholarships are given?
About 30% of the incoming class will receive a merit-based scholarship of some kind.
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If I miss the November 15th deadline, can I still be considered for scholarships? What else is available?
If your application is received or becomes complete after the November 15th scholarship deadline, the Admissions Committee will consider you for scholarship assistance based on the availability of funds. Please contact MBA Admissions for more information.
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Do scholarships last one or two years?
Most merit-based scholarships awarded by the school to incoming full-time students apply to the first year only. The Deans Scholarship and the Consortium Fellowship are the only merit-based awards that are renewable for the second year, assuming the student has maintained good academic standing and still meets the criteria for the scholarship.
Please note that merit-based donor awards are also available for continuing students. There is no application process - full-time second year students and part-time students who have completed 30 credits toward their degree are automatically considered for these awards.
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How will my scholarship affect my loans?
Scholarships are taken into consideration when calculating the student's financial need, which determines eligibility for subsidized Stafford loans. Unsubsidized loans are not need-based, and therefore are unaffected by scholarship awards. Scholarships are also taken into account when determining the amount of private loan money a student is allowed to borrow, i.e. private loan amount = cost of attendance - other aid, such as Stafford loans and scholarships.
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Are there scholarships specifically for international students? Are there external scholarships for non-citizens?
International students who apply by the November 15 deadline are considered for merit-based scholarships awarded by MBA Admissions. Students who miss this priority deadline are considered based on the availability of funds. There are also several external scholarships available. Please visit the Additional Resources for International students section for more information. MBA Financial Aid also notifies students of external scholarship opportunities as they become available.
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What is the New York State Tuition Assistance Program (TAP)? Am I eligible for TAP? What is my TAP award status?
TAP helps eligible New York residents pay tuition at approved schools in New York State. Awards for all graduate students range from $75 to $550 for the academic year. Single independent graduate students with no dependents cannot exceed $5,666 NYS net taxable income per year. Dependent graduate students or independent graduate students who are married or have tax dependents cannot exceed $20,000 NYS net taxable income per year. Please visit the Higher Education Services Corporation website for more information. Eligibility and award status can also be checked on their site.
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