Merit-based scholarships are awarded to approximately 70% of full-time Early Career MBA and MBA for Career Change students. Scholarships are merit-based and announced in your letter of admission.
Applicants who did not receive a scholarship or are interested in increasing their scholarship will generally be asked to retake the GMAT or the GRE, because that is the one part of an applicant's credentials that can easily change. If you are interested in retaking the GMAT or GRE, be sure to contact Alex Subert and submit your new GMAT or GRE scores to the admission office by June 15, 2016. If your GMAT or GRE score increases, your eligibility for scholarship assistance can be reevaluated. Merit-based scholarships are awarded to approximately 70% of full-time students enrolled in the Willamette MBA for early career and career change students. Fifty percent of a scholarship award for the academic year is dispersed for fall semester and 50% is dispersed for spring semester. Scholarship awards are not available for summer semester.
Additional scholarship opportunities for second year students include a selection of competitive scholarships that recognize characteristics such as entrepreneurship, academic achievement, leadership, service, and initiative. Our MBA students apply for these scholarships during the spring semester of the first year of study.
Renewal of Scholarships - Atkinson School MBA scholarships are generally renewable for the second year of study if the MBA student meets all of the following requirements: 1) achieves a minimum MBA cumulative grade point average of 3.3 (B+) by the end of the first academic year of study; 2) maintains full-time enrollment in the Early Career and Career Change MBA program; 3) passes IKEW during spring semester of the first year; and 4) maintains good standing within the academic policies and expectations of conduct of the Atkinson School and Willamette University.
Students who do not meet all of the requirements for renewal of their scholarship may appeal the renewal of their scholarship to the Associate Dean/Director of Admission who will consult with the Dean in making all appeal decisions.
MBA/JD joint degree students who receive scholarship assistance from the MBA program will receive the scholarship only during the first academic year in which they are enrolled full-time in the MBA program.
Educational Loans for U.S. Citizens and Permanent Residents
Educational loans are the most common source of financial aid for MBA students in the US, and make it possible for students to invest in a future of expanded career opportunities and increased earning power. The combination of the Federal Direct Unsubsidized Loan (up to $20,500 per year) and the Federal Direct Graduate PLUS loan can cover the entire estimated institutional budget for educational, living and personal expenses while completing your MBA.
The Direct Unsubsidized Loan and the Direct Graduate Plus Loan are U.S. government educational loan programs processed through the Willamette University Financial Aid Office. Application for these loans requires submission of the FAFSA form. The FAFSA can be submitted online online on the FAFSA website. The Willamette University FAFSA code is 003227.
If you have questions about loan programs, contact Shanan Woods, Willamette University Assistant Director of Financial Aid, at firstname.lastname@example.org, call toll free at 1-877-744-3736, or call 503-370-6273.
Educational Loans for International Citizens
Educational loans are the most common source of funding for MBA students in the United States. Educational loans may be available from your home country or from private credit-based loan programs in the United States.
Private credit-based educational loans from U.S. organizations require a co-signer who is a U.S. citizen or permanent resident. If you are interested in a U.S. private loan and have a U.S. cosigner, email Shanan Woods, Willamette University Senior Financial Aid Counselor, at email@example.com. Programs to consider are: Discover MBA Loans, SallieMae International Student Loans, CitiAssist Loan for Graduate Students, and Bank of America International Student Loan.
Education loans may also be available from organizations based in your home country or from your government.
Students from India may want to review the CREDiLA educational loan program.
If you have questions about loan programs, contact Shanan Woods, Willamette University Assistant Director of Financial Aid, at firstname.lastname@example.org, call toll free at 1-877-744-3736 or call 503-370-6273.