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MBA Financial Aid

 

Non-Allowable Budget Adjustments

 
Federal Law specifically states that we cannot include consumer debts (i.e., credit cards, car loans) in the student budget. Therefore, we are unable to increase your cost of attendance to demonstrate additional financial aid eligibility to assist you in making payments for such debt.

We strongly suggest that you do your best to repay consumer debt, before you come to Stanford. Moreover, we will not be able to decrease the value of your assets by the amount of consumer debt.

Though most US government educational loans have deferment options for students enrolled at the GSB, some educational loans may not have this option. We encourage you to try to repay prior educational loans, which cannot be deferred while attending the GSB, before entering the program.

There are many ways to meet the global experience requirement.  However, only two of the ways that the expenses can be allowable budget adjustments are global study trips and overseas service learning trips.  Other options to meet the global experience requirement are non-allowable budget adjustments , such as Global Management Immersion Experience (GMIX) or international internship.  Some GMIX participants may receive GSB subsidies.  Please be aware that students choosing to go on an additional study trip or service learning trip not fulfilling a global experience requirement are non-allowable budget adjustments .

Occasionally students ask if club fees or other extraneous expenses can be included in the cost of attendance because they feel that these expenses are a part of the experience at the GSB. Although some of these activities are sanctioned by the Administration, these expenses are not considered for financial aid purposes because they are not required for all students as a part of the curriculum. Because the GSB does value these activities, we would like to give you some average costs for such expenses to assist in your personal budget planning:

  • Club Activity Fee $30
  • Weekend Ski Trip to Tahoe $500
  • Interview Trip to New York City $750