Financial Aid

Entering Students

For the 2017-18 academic year, the Berkeley-Haas School of Business has awarded approximately $8.7 million in scholarships & fellowships to entering students in the Full-Time MBA program. Berkeley- Haas offers both need and merit based awards to entering students. Additional merit awards are also available for continuing students for their final year of study.

Most scholarships require the completion of a supplemental personal statement. Listed below are the funding opportunities available for entering Full-time MBA students along with the essay question for each. Unless otherwise noted, the following are all two-year awards which disburse in equal installments at the beginning of each semester.

>> APPLICANT TIP: Our recommendation is that you begin to research available scholarships as you prepare for the interview process.

 

Applying for scholarships at Haas as a newly admitted student:

Applying for scholarships at Haas as a newly admitted student. After your Admissions offer you will apply for scholarships. Your awarding decision will be made largely before your deadline to accept admision.

We strongly encourage prospective students, for whom scholarships are a major decision factor, to apply for admission sooner rather than later. Funding for some scholarships is limited and will be awarded early in the financial aid cycle. With the exception of the need-based Berkeley MBA Grant, scholarship committees will take into consideration the strength of the admissions application in their decision. Deadlines are subject to change.

>> APPLICANT TIP: It is HIGHLY recommended that students apply for awards in the same round/cycle as when they are admitted.

 

An admitted student may submit a scholarship application by any of the review dates posted, regardless of the round in which they are admitted. The review dates are designed to allow us to provide application results before admits must submit their deposit. However, funding is limited and is not guaranteed in later rounds.

SELECTION PROCESS

Need-based awards require both an online application and submission of supporting documentation (details below). Applicants will be asked to submit a single digital file with supporting documentation to validate self-reported data from the application form. Our dynamic algorithm does not allow us to publish an income “cut-off point” therefore we highly recommend that all students with interest in need-based funding apply for consideration. Our review accounts for factors including, but not limited to: income, savings, assets, and household size.

>> APPLICANT TIP: Utilize the personal statement to explain any factors that have prohibited you from securing sufficient funds to support you while in your MBA program.

 

Merit award applications are reviewed by committees comprised of representatives from across the entire school. Scholarships and fellowship committees will utilize the admissions application in their deliberations. The supplemental essay, when applicable, will be used to gather additional targeted information for specific awards. The criteria used to select the best recipient among qualified applicants include, but are not limited to: overall strength of the admissions application, professional goals, educational achievement, intended concentration, leadership skills, and embodiment of the Haas Defining Principles. Please note that meeting the stated criteria does not mean you are guaranteed funds; rather, it means you are eligible for consideration.

>> APPLICANT TIP: When speaking to the Defining Principles in your personal statements go beyond simply listing how your values align with the schools. Narratives and case studies are a great way to showcase how these values resonate in your life more organically.

 

Visit our FAQ page for additional information about our scholarships process or contact us directly.

Access to the supplemental applications will be available starting December 2017.

Upcoming dates and deadlines for applicants seeking admission for Fall 2018:

review dates and deadlines

 

Berkeley-Haas Fellowships & Scholarships for admitted students:

The following Berkeley-Haas Scholarships are only open to admitted students. Most require supplemental information and specifics are identified below. The admissions application will play a different role for each award. Students may apply to as many awards as they are eligible.

EXPAND/COLLAPSE ALL

Need-Based

Berkeley MBA Grant

    The Berkeley MBA Grant for up to $80,000 is awarded to students based primarily on significant financial need.

  • SUPPLEMENTAL PERSONAL STATEMENT: Please explain your plans to fund your MBA and any special circumstances if applicable. Provide details as needed on any resources listed in the application, or not captured in the resources section. Limit your response to 250 words.
  • SUPPORTING DOCUMENTATION:  In addition to the online scholarship application, you are required to submit your 2016 IRS 1040 form or equivalent tax return. If your documents contain an SSN or other sensitive data, you must redact it before uploading
      • INCOME VERIFICATION: After you apply, you may be selected for income verification and will be required to upload the following documentation:
        • 2017 W-2 or earnings statement from your employer
        • Statements for all assets noted for the last 3 months
        • Other documentation to support special circumstances or relevant to establishing your ability to self-fund your degree
  • A note for International Applicants - If you are not required to file a tax return, please provide us with an earnings statement for 2016. If you have filed taxes outside of the US, provide a copy of your 2016 federal tax return as well as a translation of the following items,if applicable:
      • Total Earned Income
      • Other Income
      • Adjusted Gross Income

Merit Based

Berkeley- Haas Merit Scholarships

Our mission at Berkeley-Haas is to develop leaders who embody our Defining Principles and redefine how we do business. Berkeley- Haas Merit Scholarships range in value and scope. Award amounts will range from $10,000- $120,000 and will be awarded to students who demonstrate excellence, advocacy and/ commitment in the following areas:

    • Diversity - Support of diversity in background and experience in organization or community
    • Gender Equity - Support of gender equity in a professional organization or community
    • Industry-Distinctive contributors in industry, including but not limited to: finance, marketing, entrepreneurship, health management, real estate, social impact, strategy/consulting, technology
    • Leadership - Innovative, initiative-driven leadership impacting their organization or community environments and/or alignment with defining principles 
    • LGBTQ - Support of LGBTQ equity in a professional organization or community
    • Personal Achievement - Overcoming obstacles, demonstrating resilience and optimism
  • SUPPLEMENTAL PERSONAL STATEMENT:Some students have a background, identity, interest, or talent that is so meaningful they believe their application would be incomplete without it. Beyond what has already been shared in your application, what do you believe makes you stand out as a strong candidate for funding. Limit your response to 500 words.

David Aaker Marketing Fellowship

Provided by the generosity of David and Kay Aaker. This two-year fellowship for $50,000 will support high-achieving graduate students who are pursuing careers in marketing with a special interest in brand marketing or brand development.

  • SUPPLEMENTAL PERSONAL STATEMENT:Provide examples of how you have excelled in marketing as well as what your plans are to work in the marketing industry. Successful candidates will speak to their interests in brand marketing or brand development. Limit your response to 500 words. Alternatively, if you feel your career goal essay adequately addresses this question, please use that essay for the scholarship application.

Torres Family Fellowship

Provided by the generosity of Mr. Michael Torres. This one-year $10,000 fellowship is awarded to MBA students who are US citizens with demonstrated leadership and commitment to diversity. Preference will be for California high school graduates and first-generation college students.

  • SUPPLEMENTAL PERSONAL STATEMENT: Please define the difference between a leader and a follower, using an experience in your life. Please limit your response to 350 words.

Galloway MBA Fellowship

Provided by the generosity of Mr. Scott Galloway and in conjunction with the Galloway Scholars Program at Berkeley-Haas, this $50,000 award will be used to provide support for graduate students in the Full-Time MBA Program at the Haas School of Business. Mr. Galloway’s intention to financially support children of immigrants, for both undergraduate and graduate students at the Berkeley-Haas School of Business, is an incredibly generous and visionary goal. This goal is clearly stated and based on his experiences as a child of immigrants, who benefitted from the public education that California did, and continues to offer, to children of immigrant parents. He is a beneficiary of this educational opportunity and now wants to provide funding to ensure these opportunities exist for other children of immigrant families. 

  • SUPPLEMENTAL PERSONAL STATEMENT: As the child of an immigrant, how has the experience shaped your ambitions, professional outlook, and desire to pursue your MBA? Please limit your response to 250 words or less.

Brian Maxwell Fellowship

Established in memory of Brian L. Maxwell through the generosity of Jennifer Maxwell. The Maxwell Fellowship of $80,000 is awarded to individuals who have demonstrated entrepreneurial spirit and a drive to create and implement innovative projects, products, and ideas. For more information please visit their website.

  • SUPPLEMENTAL PERSONAL STATEMENTS (3 TOTAL, 500 Words max per essay)
    • How would you benefit from receiving this fellowship? The successful applicant will address how they plan to add to and leverage the network afforded to them as a Maxwell Fellow.
    • One of Brian's memorable quotes was "Conquer yourself, live your passions, innovate and make a difference." If you could have had a conversation with Brian, What would you have discussed?
    • What makes you an innovator, an entrepreneur? What has inspired you to pursue this path?

Mike and Carol Meyer Fellowship

Provided by the generosity of Mike Meyer and Carol Meyer. This $20,000 award is for students with an undergraduate degree in the fields of engineering or science as well as students who intend to pursue an entrepreneurial career.

  • SUPPLEMENTAL PERSONAL STATEMENT: Entrepreneurship is the creation, or innovation, of products and opportunities. What makes you an innovator, an entrepreneur? Please describe how your background and future goals make you the best fit for this fellowship. Limit your response to 250 words.

C & J White Fellowship

The C & J White Fellowship of up to $50,000 is awarded to MBA students pursuing careers in finance.

  • SUPPLEMENTAL PERSONAL STATEMENT: ¬†Describe what draws you to the particular segment of finance that interests you, what experiences have prepared you for this pursuit, what opportunities you see at Haas to prepare further, and how you see your career developing over the next ten years. Limit your response to 500 words. Alternatively, if you feel your career goal essay adequately addresses this question, please paste that essay here.

Institute for Business & Social Impact (IBSI) Coordinated Fellowships

The Institute for Business & Social Impact (IBSI) brings together four major Haas School centers and programs to train leaders to build a more equitable, inclusive, and sustainable society. Three major fellowships are associated with IBSI: Jacobs Foundation Fellowship, Spivack Social Impact Fellowship, and Center for Responsible Business (CRB) Fellowships. These fellowships utilize a common application for evaluation and candidate selection that is coordinated by IBSI. Applicants may apply for any combination of the IBSI coordinated fellowships (including all).

    • SUPPLEMENTAL PERSONAL STATEMENT: In 750 words or less, please tell us about your past experiences and future aspirations to utilize business to develop innovative solutions to urgent social and environmental challenges. The successful applicant will closely review the fellowship descriptions below and carefully tailor their responses based upon the fellowship(s) that best matches their interests.
      • Finalists will be asked to be available for an interview via video conference, or in person. Interviews for the first review date will be held between January 10-15, 2018 and between April 11-16, 2018 for the second review date.

Jacobs Foundation Fellowship

The Jacobs Foundation Fellowships of $100, 000 are awarded to individuals pursuing a career in social impact, with special interest in education (science, technology or economics) for the disadvantaged, particularly in Africa. Fellows need to be committed to the goals of the Foundation and will be regularly asked to engage with the Jacobs Foundation via their Jacobs network and conferences.  They are expected to become active participants in the network, connecting with other fellows online and offline through events and conferences; and contribute to the advancement of the network as well as the Foundation’s communication channels such as the newsletter or the blog. The introductory week (“Swiss Week”) at the Jacobs Foundation takes place in Zurich, Switzerland during late spring, and attendance by Fellowship recipients, before both the first and second year of study, is highly recommended. All travel expenses are covered by the Jacobs Foundation.


Successful applicants will convey their interest, experience and demonstrated leadership in developing innovative solutions in education, health and/or agricultural development for disadvantaged communities, particularly in Africa. Additionally, successful applicants will effectively describe their entrepreneurial vision for interlinking business with social impact in the education sector. A minimum of 3-5 years of work experience is required. Preference will be given to students who can speak French and have experience working or volunteering in Africa, especially West Africa.

Spivack Social Impact Fellowship

The Spivack Social Impact Fellowship of $60,000 will be used to support MBA students at the Haas School of Business demonstrating experience and pursuing a career in social impact. Preference will be given to candidates who demonstrate interests in issues of social entrepreneurship, innovation, economic empathy, social impact in the supply chain for consumer/home products, and the living wage. The successful applicants will consider how they are redefining business to be more equitable, empathetic and effective - and how they hope to further develop this approach after completing their MBA at Haas.

Center for Responsible Business (CRB) Fellowship

The Center for Responsible Business Fellowship of $20,000 is awarded to students who best demonstrate their commitment to responsible and sustainable business and their desire to engage with and support the Center for Responsible Business at Berkeley-Haas. Each year, one candidate is selected earning the title “CRB Fellow.” This individual serves as a point person between the Center for Responsible Business and the Haas student body and receives an automatic placement on the CRB Student Advisory Board to help set the agenda for the CRB. The successful applicants will best consider how the Center for Responsible Business will support their aspirations and how they intend to further the mission of the CRB to “develop leaders who redefine business for a sustainable future.”

 

The following Haas Scholarships do not require supplemental information and will either be identified by the stated restriction as reported on the admissions application or selected from among admits who submitted an online scholarship application:

 

Committee Selection Scholarship

These scholarships are awarded directly by the Admissions Committee and do not require a separate application. Recipients are selected based on a variety of factors including, but not limited to, overall strength of the application for admission and leadership qualities. All admitted students are eligible for consideration and individual scholarships will be awarded up to $100,000. Notification may occur at any point after admission.

Dr. Tahir Fellowship

Provided by the generosity of Dr. Dato' Sri Tahir. This scholarship for $40,000 is awarded to international students with a preference for those who completed their undergraduate education in Asia.

Tirado Fellowship

Provided by the generosity of Steve Tirado. This is a scholarship that is awarded based on proven ability to promote diversity. Award is dependent upon available endowment payout. Last year's award was $5,000.

Blue Duck Scholarship

Provided by the generosity of alumnus John Natt (MBA '69). Up to $20,000 will be awarded to an MBA student who has received his or her undergraduate degree from the University of Oregon. Award dependent on endowment payout available and total number of eligible candidates.

Song Feiqing Fellowship

Provided by the generosity of Ms. Roberta Sung in honor of Song Feiqing. Song founded the Dongya Corporation which developed into one of the most important powerhouses of the Chinese textile industry. This is a $15,000 award to support high-achieving FTMBA students with preference to students who represent the international community, preferably China, and who intend to pursue business opportunities either in China, or in other parts of Southeast Asia, after graduation.

Jimenez Family Fellowship

Provided by the generosity of Joseph and Denise Jimenez. This one-year award for $2,500 is intended to support high-achieving graduate students that are US citizens who demonstrate financial need and are in the MBA Program.

Ulatowski Fellowship

Provided by the generosity of Mr. Tomek Ulatowski. This Fellowship will cover up to the cost of tuition and fees and will be awarded to students who completed their undergraduate degree in Poland with a preference for those intending to return to Poland after graduation.

Yellow Ribbon Program

The Yellow Ribbon Program is a matching fund option for U.S. military veterans who served at least 36 months and qualify for 100% of the Post 9/11 GI Bill benefit. This scholarship does not require a personal statement. A copy of your Certificate of Eligibility (COE) is required, with an email request for participation in the Yellow Ribbon Program. The difference covered between CA Resident and Non-CA resident fees is approximately $1,017 for the 2017-18 academic year.

 

Berkeley-Haas Fall Scholarships & Grants for new students


The following Berkeley-Haas Fellowships and Grants are only open to new first year students after they enroll at Haas. All require supplemental information and specifics are identified below. Students may apply to as many awards as they are eligible.

Fall Fellowships New Students


Finance Fellowships: These fellowships are for first year Full-time MBA students pursuing careers in the three finance areas below. Recipients will receive an industry mentor, preference in finance electives, and a $5,000 award disbursed in the spring of the first year. Students maintain the benefits of the fellowship the second year after successfully completing an internship in the area for which they were selected, and remaining in good standing, both academically and professionally. Please check out the Haas News Wire for a feature on the 2016 recipients. Finalists will be contacted by the committee for an interview. Applications NOW open with a deadline of Monday, September 25, 2017. Decisions will be communicated by Friday, October 20, 2017.

Investment Banking Fellowship

SUPPLEMENTAL INFORMATION:

  • RESUME: Please upload an updated resume with your application
  • PERSONAL STATEMENT: Please discuss the following and limit your response to 500 words.
    • What draws you to Investment Banking (IB) as your career goal?
    • What experiences have prepared you to pursue an internship and career in IB?
    • What are you doing to prepare further?
    • What particular coverage group, product group, and geographies you are most focused on and why?
    • Which firms you are most focused on and why?
    • Where do you see yourself in 10 years?

Investment Management Fellowships and Quantitative Finance Fellowship

SUPPLEMENTAL INFORMATION:

  • RESUME: Please upload an updated resume with your application
  • PERSONAL STATEMENT: Please discuss the following and limit your response to 500 words.
  • What draws you to Investment Management (IM) or Quantitative Finance (QF) as your career goal?
  • What experiences have prepared you to pursue an internship and career in IM or QF?
  • What you are doing to prepare further?
  • What particular sectors (e.g. equities, fixed income, hedge funds, private banking/wealth management, endowment, pension management) or within QF (e.g. global asset allocation, portfolio construction or quant hedge fund strategies), and geographies you are most focused on and why?
  • Which firms you are most focused on and why?
  • If focused on QF, what courses do you intend to take in the MFE Curriculum?
  • Where do you see yourself in 10 years?

Entrepreneurial Finance Fellowship

SUPPLEMENTAL INFORMATION:

  • RESUME: Please upload an updated resume with your application
  • PERSONAL STATEMENT: Please discuss the following and limit your response to 500 words. For purposes of this Fellowship, we define Entrepreneurial Finance as career goals in FinTech, Finance roles at Startups, or VC/Impact Investing.
    • What draws you to Entrepreneurial Finance (EF) as your career goal?
    • What experiences have prepared you to pursue an internship and career in EF?
    • What are you doing to prepare further?
    • What particular role among these areas are you most focused on and why?
    • What are your ideal summer internship and first job after graduation and why?
    • Where do you see yourself in 10 years?

Full-Time MBA Parent Grant


The Full-Time MBA Parent Grant has been established to provide support to registered graduate student parents who live with dependent children and demonstrate financial need. This grant is intended to close the funding gap for students who are not eligible for the parent grants offered through the Graduate Division and Berkeley International Office. Grant recipients will have funds applied toward their cost of attendance. This resource will be coordinated with other aid that you are receiving and as such may result in reductions to loan eligibility. Awards will vary. All parents are welcome to apply. Awarding priority will be as follows:

  • First-year international students
  • Second-year international students
  • Domestic students

Application NOW open and will remain open until funding is exhausted.

  • APPLICATION PROCESS:
    • Provide evidence that child(ren) live with you
      • Ex: copy of visa documentation, proof of insurance for children
      • Submit the documentation to the Haas Financial Aid Office via email
    • Provide evidence of need
    • Provide evidence of child related expenses by submitting a Cost of Attendance Adjustment Request form (applicants will be provided form once available)
      • Ex: child care costs, higher rent expense, medical insurance for children
      • Submit the documentation and form to the Haas Financial Aid Office via email

 

Click here to access: The Haas Online Scholarship Application