Non-Allowable Budget Adjustments

Stanford GSB Financial Aid Office cannot use the following in determining a student’s aid eligibility under any circumstance.

Consumer Debt

Federal regulations specifically state that we cannot include consumer debt (i.e., credit cards, consumer loans, and car loans) in the student budget. Therefore, we are unable to increase your cost of attendance — or decrease the value of your assets — to demonstrate additional financial aid eligibility to assist you in making payments for such debt. We strongly encourage and recommend you do your best to repay consumer debt before you come to Stanford.

Non-Deferrable Education Loans

Though most U.S. government educational loans have deferment options for students enrolled at Stanford GSB, some educational loans may not have this option. We do not consider these loans as debt against your assets. We encourage you to try to repay prior educational loans that cannot be deferred while attending Stanford GSB before entering the program.

Global Experience Requirement Expenses

There are several ways to meet the Global Experience Requirement (GER) for which the expenses can be allowable budget adjustments. However, options such as Global Management Immersion Experience (GMIX) or international internships, are non-allowable budget adjustments. Some GMIX participants may receive Stanford GSB subsidies. Also, expenses incurred on additional global study trips that do not fulfill the GER are non-allowable budget adjustments.

Extraneous Expenses

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 Stanford 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 Stanford 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
Last Updated 24 Oct 2016