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FLEX MBA Scholarships
Scholarships are available to FLEX MBA students and applicants must receive an offer of admission as a regular student in order to be considered for an award. Awards are determined upon a combination of merit and need. The Committee on Financial Aid will consider an applicant's work experience, undergraduate record, and test scores to determine awards.
A copy of the employer's tuition reimbursement plan or a letter from the employer outlining the employer's tuition reimbursement policy must be submitted along with the College's Financial Aid Form. An estimate of the number of courses to be completed in the following academic year is also required. The completed Financial Aid Form is due in the Graduate Programs Office by January 15 to be considered for a scholarship in the following academic year.
Scholarships are not automatically renewed, and all students must reapply each year for scholarships. Some scholarships are for one year only and will not be extended.
Schwab Scholarship (Summer & Fall 2023 New Students)
The Schwab Scholarship is a one-time scholarship fund that has been allocated and directed to be used for newly admitted FLEX MBA applicants starting in either the Summer 2023 or Fall 2023 semesters. All new FLEX MBA applicants are reviewed for this scholarship at the time of admission based on the overall strength of each application. Schwab Scholarships are awarded in the amount of 1 to 3 credits of FLEX MBA tuition and must be applied in the Spring '23, Summer '23, or Fall '23 semester. The scholarship is not renewable.
If your company offers tuition reimbursement, it should be used first before the scholarship is applied.
Based on academic record, GMAT scores, contribution to the FLEX MBA program and need.
Nanovic '60G Scholarship
This Endowed Fellowship Fund was made possible by a gift from part-time alumnus and retired investment counselor Robert Nanovic, and his wife Elizabeth. The fellows are chosen based on their outstanding academic performance, progress in the Lehigh FLEX MBA, and contribution to the program outside of the classroom.
Yellow Ribbon Program - Education Benefits for Veterans
Lehigh University is a participating institution with the Yellow Ribbon Program. Veterans who are eligible to receive this educational benefit can learn more about the Yellow Ribbon Program and how the benefit can be used at Lehigh University. All of the Graduate Programs at the College of Business are available to candidates who plan to use their tuition benefit. Thank you for your service!
FLEX MBA Financial Aid
Deciding to go back to school is a big decision, but figuring out how to pay for it doesn't have to be. The University’s Office of Financial Aid is committed to helping students attain a Lehigh University education, no matter your financial circumstances.
College-awarded financial aid is available for accelerated students and for on-campus courses only. Applicants must receive an offer of admission as a regular student in order to be considered. Financial aid for graduate students in the College of Business is awarded based on academic performance and in some cases, work experience.
Students interested in financial aid must file a complete application and be admitted to a graduate program within the College of Business before January 15. Aid is awarded through the Graduate Financial Aid Committee in March for the following academic year. Students being considered for financial aid will be contacted for an interview by the supervising professor. Faculty will not interview students who have not applied and been admitted to a graduate program within the College of Business.
Domestic students can learn more about funding their graduate education.
International applicants interested in applying for college awarded financial aid may be required to pass an English as a Second Language (ESL) Test of Presentation and Spoken Skills (TOPSS) test upon arrival at Lehigh. The College will use the internet-based TOEFL (IBT) as a screening tool for the awarding of financial aid to international students. In order to be considered, you must achieve a speaking section score of 28 and a listening section score of 20. All awards are contingent upon passing the Lehigh TOPSS test, if required.
International students can learn more about the financial guarantee requirements under Tuition & Expenses. Funding options for international students may be available from outside resources.
Financial Aid Positions Available for Accelerated FLEX MBA Students
Lehigh University's Small Business Development Center [SBDC] provides general management assistance to 1,500 entrepreneurs and small businesses in the Lehigh Valley and surrounding areas each year. Lehigh MBA students may be employed by the SBDC as business analysts. A tuition waiver plus stipend are included in the compensation package for these positions, as well as a health insurance subsidy. Please contact the Graduate Programs Office for more information.
Support courses or administrative offices in the COB, and are required to work up to 20 hours per week during the nine-month academic year. In return, graduate assistants receive a stipend, payable August through May; and are eligible for a health insurance subsidy.
Support faculty research and are required to work an average of 5 hours per week during the nine-month academic year. In return, research assistants receive stipends.
Graduate students may register for a MAXIMUM of 10 credit hours without an intervention from the Graduate Programs Office. Increases may be granted for a maximum of 15 credit hours per term based on the student's employment status with the University.
- Students with no University employment may register for a maximum of 15 credit hours per term.
- Students with University employment of no more than 5 hours per week (RA) may register for a maximum of 15 credit hours per term.
- Students with University employment of no more than 13.5 hours per week (RA, TA) may register for a maximum of 12 credit hours per term.
- Students with University employment of 20 hours per week (GA, TA) may register for a maximum of 10 credit hours per term.