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Lehigh Offers Numerous Funding Options for Graduate Students Entering the MFE Program
The MS in Financial Engineering degree is an important investment towards your future, and Lehigh University offers several resources to make it more manageable.
Applicants for scholarships must receive an offer of admission to the program in order to be considered for an award. Most scholarship awards are merit-based and determined by the strength of the application to the program. The Committee on Scholarships and Financial Aid will consider an applicant's completed application and qualifications when determining scholarship awards. All scholarships are granted at the sole discretion of Lehigh University.
Please note that scholarships are only applied to the cost of tuition. It is the student's responsibility to cover any additional fees and expenses beyond the tuition. Please refer to the Tuition and Expenses page for details.
Dean's Scholarship
The Dean's Scholarship is based on the strength of your application package. This scholarship is a full-tuition scholarship.
Director's Scholarship
The Director's Scholarship is merit-based with awards ranging from $5,000 to full-tuition scholarships.
Lehigh Graduate Merit Scholarship
As a soon-to-be Lehigh alumnus, you may be eligible for a new Graduate Merit Scholarship that was established in 2023. This scholarship is awarded annually to a single, high-achieving student in the College of Business. It covers a year of free tuition, including one summer, two regular academic–year terms, and a winter term (if enrolled). Study abroad programs, including Lehigh Abroad programs, are not included.
Each year the College of Business nominates a student for the award. To be eligible for this scholarship, students must be accepted into a graduate program at Lehigh, and have a 3.75 GPA at the time of the program application.
Only early applicants will be considered for this scholarship. Students must receive an offer of admission by 2/12 (for fall start) or 10/13 (for spring start) to be eligible.
Yellow Ribbon Program
Veterans have proudly served. Now it's our time to serve you. Lehigh University is a proud participant in the Yellow Ribbon Program, which provides funding to cover tuition and fee charges that are not covered by the Post-911 G.I. Bill (Chapter 33) Benefits. The VA will match Lehigh’s Yellow Ribbon Program funding.
All graduate students must provide their Certificate of Eligibility to confirm VA Benefit. To learn more, please visit our Veterans Education Benefits webpage.
Executive Algorithmic Trading Scholarship
Subject to applicable Lehigh policies, Lehigh shall award a $12,000 scholarship to graduates of QuantInsti's Executive Program in Algorithmic Trading (EPAT); provided that such students have been admitted to Lehigh University's MS in Financial Engineering program in accordance with Lehigh's standard procedures and in Lehigh's sole and absolute discretion.
To be eligible, all students must provide certificate of completion within 48 hours of submitting your application. Please email your certificate of completion to business@lehigh.edu and it will be included in your application.
Quantitative Learning Tracks Scholarship
Subject to applicable Lehigh policies, Lehigh shall award a $2,500 scholarship to graduates of one of QuantInsti's Quantra Learning Tracks; provided that such students have been admitted to Lehigh University's MS in Financial Engineering program in accordance with Lehigh's standard procedures and in Lehigh's sole and absolute discretion.
To be eligible, all students must provide certificate of completion within 48 hours of submitting your application. Please email your certificate of completion to business@lehigh.edu and it will be included in your application.
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. Domestic students can learn more about funding their graduate education.
International students can learn more about the financial guarantee requirements under Tuition & Expenses. Funding options for international students may be available from outside resources.
Lehigh University College of Business MBA & Specialty Masters international students can apply for student loans through the companies listed below. Lehigh University does not endorse these companies and provides this list for informational purposes only. Students should always do their own research and due diligence before accepting any financial aid.