Frequently Asked Questions
Admissions
When is the application deadline?
The final deadline for applications is March 15, 2012
Since the Summer Institute for Entrepreneurship is a competitive program, we encourage you to apply at your earliest opportunity; spots may be filled before the final deadline. International students are encouraged to apply as soon as possible to allow time for appropriate visa preparations.
Since the Summer Institute for Entrepreneurship is a competitive program, we encourage you to apply at your earliest opportunity; spots may be filled before the final deadline. International students are encouraged to apply as soon as possible to allow time for appropriate visa preparations.
Can I apply online?
Yes, all applicants must apply online.
Is there an application fee?
No, we do not have an application fee
How much does the program cost? What does my fee cover?
Program cost for non-Stanford students ONLY:
Tuition rates for 2012 are:
$8,500 (without housing)
$10,000 (with housing)
Both options (with or without housing) include tuition, some course materials, program travel, some meals, excursions and events. In addition to opening and closing events, a light breakfast and full lunch will be provided at the Graduate School of Business from Monday through Friday. The $1,500 cost difference covers on-campus housing and does not include any additional meals other than those specified above.
Current Stanford Grad Students ONLY: Please refer to the Stanford Students section of this website for more specific information regarding your tuition.
Tuition rates for 2012 are:
$8,500 (without housing)
$10,000 (with housing)
Both options (with or without housing) include tuition, some course materials, program travel, some meals, excursions and events. In addition to opening and closing events, a light breakfast and full lunch will be provided at the Graduate School of Business from Monday through Friday. The $1,500 cost difference covers on-campus housing and does not include any additional meals other than those specified above.
Current Stanford Grad Students ONLY: Please refer to the Stanford Students section of this website for more specific information regarding your tuition.
Do you offer financial aid?
Stanford and Citibank currently offer a competitively priced educational loan for Summer Institute participants. This is the only loan that Summer Institute participants may use for tuition assistance. Please note that the student must apply for the loan within five days of acceptance into the program. Details of the loan are available on the following website:
Who should write a letter of recommendation?
You must have one letter of recommendation from someone who has taught you in the classroom. The second letter of recommendation may come from another professor, faculty advisor, or from someone who has supervised you in a work setting. At least one of your references should be able to speak to your entrepreneurial ambitions and promise. Recommendations should be from individuals who have been directly responsible for evaluating your academic or work performance and potential. You are required to submit both recommendations with your application.
Do I need to have an idea for a business venture?
You are not required to have a fully-developed business idea to apply. Applicants will be asked to elaborate on their current venture or business idea in the essay portion of the application. This allows us to judge your dedication to pursuing entrepreneurship. The program is designed to help participants develop the analytical and practical skills critical to successfully launching their ideas.
Do I need to take the GMAT to attend the Summer Institute for Entrepreneurship?
No, GMAT scores are not required as part of the application process.