Scholarships and Loans
New Scholarships for Fall 2023
MSSCM applicants for this fall who are residing and authorized to work in the United States can be considered for 15% merit-based scholarships. Additionally, a limited number of 50% merit-based scholarships are also available.
U.S. military members/veterans and employees from our 11 corporate partners are automatically eligible for a 15% tuition discount or are welcome to apply for a limited number of 50% merit-based scholarships.
MSSCM scholarships are not transferable to other degree programs and may not be "stacked" with other scholarships or discounts.
How to apply
Candidates are invited to submit an essay to be considered for one of the 15% or 50% merit-based scholarships. Scholarships will be awarded on a merit basis to a limited number of admitted candidates who demonstrate the potential to be exemplary contributors to the Carlson School community and possess outstanding academic and professional achievements.
The scholarship essay is not required for admission to the program or for the military or corporate discount. However, an essay and two letters of recommendation are required to be considered for merit scholarships. The essay and letters of recommendation must be submitted within the application itself, as no late or alternative submission methods will be accepted.
Selected students will be notified of their award at the time of admission.
To learn more, contact us at mbaandms@umn.edu.
Financial Aid
The University of Minnesota offers many loan programs, administered through the Office of Student Finance. To be considered, you must complete the Free Application for Federal Student Aid (FAFSA). International students need a U.S. co-signer for student loans. If you have questions about loan programs, visit Financial Aid — One Stop. The University has reciprocity agreements with the states of Wisconsin, North Dakota, South Dakota, and the province of Manitoba, Canada.
International Student Loans
The University of Minnesota does not specifically offer non-US co-signed loans. Some of the options available to you include:
- Prodigy Finance You can find Carlson MBA specific information at: https://prodigyfinance.com/eligibility-schools/028cd8d7-875a-4352-a082-9f032f5e4ab8.
- MPower Student Loan You can find details about The MPower loan program at:https://mpowerfinancing.com/borrow
Please note, the University of Minnesota does not solely endorse any one specific loan program.