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Darla Moore School of Business


Financing Your MBA

Once you’re admitted into the full-time program, you’ll have access to a range of financial assistance options that can help offset your tuition. While nearly all members of incoming classes receive some financial assistance, some candidates are eligible for a full tuition award.

Awarding Process

Scholarships will be awarded after you’re admitted into the program and before your program begins. Scholarships aren’t distributed all at once, but are spread out through the duration of the program. There’s no need to apply. Your eligibility is determined during the application review and any scholarship or fellowship awards will be included with your offer of admission.

Scholarships and Other Resources

Global Leadership Fellows

Admitted applicants to the MBA entering in 2017 may be eligible to be selected as Global Leadership Fellows. This prestigious honor is given to select individuals based on their service or academic background.

South Carolina residents who meet the criteria will receive a fellowship award of $3,000. Out-of-state residents who meet the criteria will be awarded a fellowship of $2,000 plus an additional award package of approximately $5,080 to cover the difference between the in-state and out-of-state program fee rate for non-residents. Additional funding opportunities may also be available for South Carolina residents and non-residents who are selected as Global Leadership Fellows.

Eligibility for the Global Leadership Fellows includes:

  • U.S. Military
  • Graduates of Moore School of Business international partner institutions
  • Approved STEM and health and medicine degrees
  • Please refer to the Global Leadership Fellows page for additional information.
Moore School Excellence Award

Additional fellowships are awarded to incoming MBA students with outstanding academic and professional accomplishments. Applicants may be awarded the “Moore School Excellence Award,” which can be comprised of one or more named funds. Candidates are informed of the specific fund composition of the award shortly after joining the program. Selection criteria include leadership potential, standardized test scores, academic background and professional work experience. Each fellowship has specific selection and eligibility criteria.

Through the Moore School Excellence Award program, candidates may receive scholarships typically ranging from $500 to $20,000. All MBA non-resident candidates who are awarded a fellowship of at least $1,000 are automatically assessed the in-state program fee for each of the academic semesters in which they are enrolled, significantly lowering the cost of the program.

In-State Program Fee Agreements

University of South Carolina/Taiwan Sister-State Tuition Benefit: This program was established through the sister-state agreement between South Carolina and Taiwan. Through this agreement — valid for candidates enrolling in academic year 2011-12 and to be reviewed each year — any MBA candidate who is a citizen of Taiwan would pay in-state tuition, significantly lowering the cost of the program. To qualify, applicants must be admitted to MBA program and must demonstrate Taiwan citizenship with a valid passport. 

Visit Tuition and Fees for more information on the Taiwan sister-state agreement.

Graduate Assistantships

Highly competitive graduate assistantships are awarded to select incoming MBA students. Assistantships are offered during the summer II and fall semesters of the first year of the program and during the fall and spring semesters of the final year of the program. The stipend can provide up to $7,000 in funding.

If you accept a position as a full-time MBA graduate assistant, you will be assigned to an academic or administrative unit within the Moore School to assist in specific duties or projects. You will be responsible to work an average of 10 hours per week.

Work Grants

During the fall and spring academic terms, there are a number of paid work grant opportunities available. Students participating in this program are assigned to a faculty or staff member and are responsible to work approximately 10 hours per week. The scope of the work grant can vary from helping with research to assisting with projects or other duties. These positions become available during the beginning of the fall and spring semesters and are offered accordingly.

Additional on-campus part-time job opportunities at the Columbia campus are available throughout the year. For a current listing of jobs, go to Employment Opportunities.

Loan Programs

Federal student loan programs, for U.S. citizens only, are available to MBA students through the USC Student Financial Aid Office. Take into consideration that the MBA program starts in the summer term.

For details, call 803.777.8134 or visit Student Financial Aid & Scholarship.

Additional Resources

The Virginia B. Gourdin Scholarship is available to women currently enrolled in a graduate program at the Moore School . For more information, visit the Scholarships Section of the Center for Scholarship Administration.

 

External Financial Resources

You have options to finance your education through fellowships, scholarships and loans from private, public and nonprofit organizations. The following list is a sampling of common options so we encourage you to fully research financial resources using other sources of information.

Resource Name Resource Type Eligibility Description

USC International Students Services

Fellowships/
Scholarship/
Loans

International Students

 International students should visit International Students Services for additional information concerning funding opportunities.

Virginia B. Gourdin Scholarship

Scholarship

Female graduate student

The Virginia B. Gourdin Scholarship provides scholarships for deserving students. Get eligibility and award details from the administrator, Center for Scholarship and Administration, Inc.

Access Group No-Fee Student Loans

Loans

U.S. citizens and eligible non-U.S. citizens

 Federal Stafford Loans for graduate and professional students. Loans for U.S. citizens and eligible non-citizens. For additional information, go online to www.accessgroup.org or call 800-282-1550.

Graduate Incentive Recruiting Scholarships

Fellowship

African-American graduate students

The Fulbright Foreign Student Program brings citizens of other countries to the United States for a master’s degree or Ph.D. For more information, visit the Fulbright website.

Fulbright

Fellowship/Grants

International Students

 LASPAU administers scholarship and loan programs for a wide variety of sponsoring agencies. For more information, visit LASPAU and refer to Grant Opportunities.

The Leadership Fellowship Program for Latin America and the Caribbean 

Fellowships and Loans

Latin American and Caribbean International Students

LASPAU administers scholarship and loan programs for a wide variety of sponsoring agencies. For more information, visit LASPAU and refer to Grant Opportunities.

The Leo S. Rowe Pan American Fund

 Loans

Latin American and Caribbean International Students

The Leo S. Rowe Pan American Fund grants interest-free educational loans to outstanding students from Latin American and Caribbean OAS member countries to help them finance their higher education studies in the United States. For more information, visit OAS.

Instituto Chileno Norteamericano de Cultura

Information regarding Scholarship and Loan opportunities

Latin American and Caribbean International Students

This organization provides a list of resources available in Chile and other Latin American countries to access information regarding scholarships and loans. For more information, visit Instituto Chileno Nortemericano de Cultura.

Colfuturo

Loans

International students from Colombia

Colfuturo is a nonprofit organization with an endowment of more than $15 million donated by a group of private and public Colombian institutions. The main purpose of Colfuturo is to assist Colombian students wishing to enroll in a graduate program anywhere in the world. For more information, visit Colfuturo.