Funding Your Degree
On this page you will find information on how much your degree will cost and ways to fund it. Follow these links for the information you are looking for.
Tuition
Tuition for degrees at the International Business School in 2013/14 is as follows:
- MA in International Economics and Finance and MBA International:
$43,988 (or half that for one semester).
- These charges also apply for study abroad, but students receive a grant to offset the cost of airfare.
- PhD: $43,988 (or half that for one semester).
- Partial or full tuition waivers are frequently issued to students accepted in the PhD program.
- Master of Science in Finance (MSF), Part-time: $4,280 per full course, $2,140 per module course, $43,988 for 1 year full time, $4,280 for World Financial Centers (FIN 255a, Summer 2013, tuition only).
Students should anticipate a 3-5% annual increase in tuition costs for future years.
Expenses
- Living expenses for a single individual on an economical budget are around $9,000-$12,000 for the academic year.
- While some MA and MBA students may receive partial tuition waivers, we are not able to cover living expenses.
- Research and Teaching Assistantships are available to qualified students. Assistantships for PhD candidates include tuition and living expenses. You should fill out the Graduate Assistantship application by January 15th to be considered for this opportunity.
Scholarships
Relative to other business and professional schools, the International Business School offers generous financial aid, in the form of both merit-based and need-based aid. Our major merit-based scholarship programs make awards to nearly one-third of incoming students.
Students do not have to apply separately for financial aid. Every applicant - whether from the US or from other countries - is automatically considered for merit-based scholarships, and every student who completes the Statement of Financial Resources in our application is also considered for need-based awards. Financial aid awards are communicated to the student at the time he or she is admitted.
The School's merit-based financial aid draws on several major scholarship programs:
- Dean's Prize Scholarships offer up to full tuition awards to students of exceptional merit.
- American Leadership Awards recognize outstanding US citizens and residents with scholarships that offset part of tuition costs.
- Global Leadership Awards recognize outstanding candidates of other nationalities with scholarships that offset part of tuition costs.
- The Feld and Scharfman scholarships recognize students with special accomplishments in business, finance and economics with scholarships that offset part of tuition costs.
- Lubin Endowed Scholarship and Fellowship, awarded to students with a specific interest in economic, social, or labor issues.
Our
need-based aid program, which provides support to some students not selected for merit awards, considers a combination of financial need and qualifications for professional success. In any given year, the amount of need-based aid is subject to the availability of funds.
Despite our generous aid program, students need to have substantial resources of their own, because the Brandeis degree is costly. All master's students will need to finance their living expenses, and nearly all pay a significant part of tuition.
External Sources of Funding
In addition to aid from Brandeis, students should explore scholarships offered by their employers, government, and other public and private sources. International Business School students frequently apply to, and receive support from the Fulbright, Muskie, Ron Brown, World Bank, Ford, Mandela, Soros and other scholarship programs.
See a list of external resources that may be available to you.
US residents may be also eligible for low-cost federal loans. To apply, complete the Free Application for Federal Student Aid (FAFSA) form and indicate Brandeis University as a recipient (Title IV code 002133). This can be done on-line at
www.fafsa.ed.gov.
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