Johns Hopkins MBA GradAid Scholarship FAQ
Admissions
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Johns Hopkins University received an endowment gift from Bloomberg Philanthropies that will support need-based aid for domestic, full-time MBA students at the Johns Hopkins Carey Business School. Beginning in the fall of 2024, Carey will be able to award this need-based scholarship to eligible incoming students, which can cover up to the full cost of attendance (including tuition, living expenses, and fees).
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The GradAid Scholarship funds are in support of need-based scholarships for domestic, full-time Johns Hopkins MBA students who have a demonstrated financial need. All incoming students to the full-time MBA program who are U.S. citizens or permanent residents are eligible to apply. This scholarship is NOT available for those completing a dual degree with the full-time Johns Hopkins MBA program or those enrolled in the part-time/online Flexible MBA program.
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Depending on a student’s demonstrated need, this award can cover up to the full cost of attendance. An award covering the full cost of attendance includes all direct costs and indirect personal expenses as outlined on Carey’s Tuition and Fees website. Direct costs (billed directly by Johns Hopkins) include tuition, student health insurance, and a matriculation fee. Indirect personal expenses (not billed by Johns Hopkins) include items such as housing, food, books, course materials, and transportation.
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Domestic applicants must submit a Free Application for Federal Student Aid (FAFSA) and the JHU Graduate Supplemental Aid Application in addition to their Carey Business School application to be considered for these scholarship funds. The amount of scholarship will be based on the student’s demonstrated need and will be shared at the time of admission to the program or as soon as possible thereafter as long as all required aid applications are submitted on time.
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Johns Hopkins Carey Business School offers numerous options for financing your education, including merit-based scholarships, loans, payment plans, and tuition reimbursement to those who qualify. Nearly 100% of our full-time MBA candidates receive some level of merit-based aid, which can award up to full-tuition and an annual stipend. More information is available on the Carey Business School’s Financial Aid webpage.