Funding Opportunities
Assistantships/Financial Aid
Over 80% of our MBA students receive full assistantships covering tuition, fees, comprehensive health and dental insurance and providing a stipend. Estimated cost for the program for those with an Assistantship for two years, based on 2007-2008, is approximately $3,000. Graduate Student Assistants for the 2007-2008 academic year receive an annual stipend totaling approximately $7,200. Assistantships are an exceptional financial benefit but also allows our MBA students to gain skills outside the classroom which play an integral part in learning at Isenberg.
Fellowships and scholarships for academic achievement and entrepreneurial potential are also awarded to extraordinary candidates. (recent assistantship examples)
Additional Financial Aid is available to graduate students through the Financial Aid Office. Please visit the financial aid web site for more information.
Estimated Total Program Costs*
Based on 2 years, 55 credits
| In-State Resident | Without Assistantship |
With Assistantship |
| Tuition | $ 6,050.00 | Waived |
| Curriculum Fee | 11,184.00 | Waived |
| Service Fee | 2,218.00 | $2,218.00 |
| Grad Senate Tax | 200.00 | 200.00 |
| Mandatory Health Fee (95% Reduction with Assistantship) |
1,308.00 | 65.40 |
| Optional Health Insurance (95% Reduction with Assistantship) |
4,162.00 | 208.10 |
| One-Time Grad Entering Fee | 332.00 | 332.00 |
| Total | $25,454.00 | $3,023.50 |
Value of Assistantship on Tuition and Fees |
$22,430.50 |
|
| Plus a 2 year stipend (appx.) | 14,400.00 | |
| Grand Total Value |
$36,830.50 |
|
| Out-of-State Resident | Without Assistantship |
With Assistantship |
| Tuition | $22,770.00 | Waived |
| Curriculum Fee | 14,756.00 | Waived |
| Service Fee | 2,218.00 | $2,218.00 |
| Grad Senate Tax | 200.00 | 200.00 |
| Mandatory Health Fee (95% Reduction with Assistantship) |
1,308.00 | 65.40 |
| Optional Health Insurance (95% Reduction with Assistantship) |
4,162.00 | 208.10 |
| One-Time Grad Entering Fee | 332.00 | 332.00 |
| Total | $45,746.00 | $3,023.50 |
Value of Assistantship on Tuition and Fees |
$42,722.50 |
|
| Plus a 2 year stipend (appx.) | 14,400.00 | |
| Grand Total Value |
$57,122.50 |
|
* These amounts are based upon 2007/2008 Tuition and Fee rates and their value may be higher once 2008/2009 rates are confirmed late May, early June.
* Tuition and fees are calculated for a graduate student carrying 9 or more credits per semester. Tuition and some fees are prorated for fewer than 9 credits.
Sample Assistantships
- Isenberg Scholars: Each year the Isenberg School awards more than seven Eugene M. Isenberg scholars, who combine science, management, and technology in their graduate studies. Selected by Isenberg Professors Soren Bisgaard (Isenberg School of Management) and Michael Malone (College of Engineering), the Isenberg Scholars exemplify Mr. Isenberg’s vision of exceptional students who thrive in an interdisciplinary university environment.
- Gaunt Scholars: An active member of the Isenberg School of Management Advisory Council, Mr. David Gaunt provides full-assistantship support to four MBA students each year. To receive a Gaunt Scholarship, applicants must demonstrate significant academic achievement and interest in finance and entrepreneurship. Gaunt scholars have gone on to distinguished careers in the New York financial community and other world financial centers.
- Flavin Fellowships: Each year, the Isenberg School awards Flavin Fellowships to students on the basis of strong academic ability as demonstrated by undergraduate grades and GMAT scores, as well as demonstrated entrepreneurial interest. Flavin Fellows work with Professor James Theroux, the award winning Flavin Professor of Entrepreneurship.
-
Center for Student Business
The Isenberg School of Management works with the UMass Center for Student Business to fund a special grad assistantship. This two year assistantship is designed to provide the student with practical experience managing a group of undergraduate business consultants as well as provide supervision and guidance to nine student run businesses.
This demanding but rewarding position provides a forum in which to explore the university and the diversity of its undergraduate community
while providing students with "real world" experiences and training. For more information on the Center for Student Business, please visit their website. -
Other Assistantships:
Students have also worked on research projects with Professor Alan Robinson, known for his writing and research in Corporate Creativity;
Human Resources Professor Melissa Barringer on employee compensation and other human resources issues;
Professor Thomas Schneeweis, director of the Center
for International Securities and Derivatives Markets;
Marketing Professor Thomas Brashear-Alejandro on sales management and business-to-business marketing.
There are many other examples – contact us to learn more. - Assistantship Policies and Procedures To read about Graduate Assistantship Policies and Procedures, please visit Graduate Assistantship Policies and Procedures