When I thought about getting an MBA, the cost was a big worry. But then I found out about the amazing scholarships at Rice University’s Jones Graduate School of Business. This changed everything for me. Now, getting a top-notch MBA from a leading program seems possible, even with my budget.
Key Takeaways
- Rice University (Jones) offers a range of scholarships and funding options to make the MBA program accessible.
- The online MBA program at Rice has a rolling application deadline and recorded classes.
- Rice University (Jones) is ranked #18 in the Best Online MBA Programs by U.S. News & World Report.
- The program is accredited by the Association to Advance Collegiate Schools of Business (AACSB).
- Admitted students can work with the Associate Director of Student Financial Services, Bethany Denton, to explore scholarship and funding opportunities.
Scholarship Opportunities at Rice University
At Rice University, all Full-Time MBA applicants are automatically considered for scholarships. No extra application is needed. For the Full-Time MBA class of 2025, 89% of students got scholarship offers. These ranged from $5,000 to the full program cost, totaling over $5.26 million in awards.
The review board looks at each candidate’s whole story. They consider academic achievements, career growth, community service, and personal strengths. This way, the most deserving students get financial support.
Other Funding Options
Rice University also suggests looking into other ways to fund your MBA. This includes the Texas TEG (Tuition Equalization Grant) for Texas residents, veteran education benefits, employer reimbursement, and external scholarships. Financial aid experts at the university can help students create a plan. They can use a mix of these options to make the program more affordable.
Rice University offers both merit-based and other funding options for its Full-Time MBA program. This makes the program available to students from different backgrounds. The university’s financial support helps create a diverse and talented group. This group excels in the classroom and beyond.
Rice University MBA Online Program
The Rice University (Jones) online MBA program is flexible and accessible. It lets students start their journey at a convenient time. Classes are recorded and archived, so you can learn on your own schedule.
This program is accredited by the Association to Advance Collegiate Schools of Business. It’s ranked No. 18 out of 344 in Best Online MBA Programs. This shows its excellence and recognition in the industry.
Tuition for the 2024-25 academic year is $2,194 per credit. This totals $118,476 for the 54-credit program. You’ll also need to pay $1,000 to $2,500 for textbooks, a $1,000 enrollment deposit, and fees for field experiences.
The school offers a quadmester payment plan to help with costs. This plan splits the balance into three installments for a $75 fee. Federal student aid options are also available, including Direct Unsubsidized Loans and Direct Graduate PLUS Loans.
The program is highly selective, with an acceptance rate of 39%. It attracts talented individuals with an average undergraduate GPA of 3.24 and 5.5 years of work experience. Graduates go on to succeed in finance, consulting, and technology, earning median salaries of $145,000 to $175,000.
Rice University MBA Scholarships and Online Acceptance Rate
At Rice University’s Jones Graduate School of Business, the Full-Time MBA program is top-notch. For the class of 2025, 89% of students got scholarship offers. These ranged from $5,000 to the full program cost, totaling over $5.26 million in awards. This shows how the university helps talented people from different backgrounds.
The rice mba application process for the online MBA program has a rolling deadline. This makes it easy for working professionals to apply. The program is ranked No. 18 out of 344 in the Best Online MBA Programs category. This highlights its quality and reputation.
The rice mba tuition costs for the Full-Time MBA program are $73,500 a year. But, with scholarships and financial aid, many students can afford it. The average GMAT score for admission is 702, and the average GRE combined score is 317. This shows the high quality of the students.
The program focuses on academic excellence, diverse courses, and a supportive environment. The rice mba rankings show it’s among the best in the country. Graduates start with an average salary of $149,000, showing the program’s success in preparing students for their careers.
Endowed and Named Scholarship Opportunities
Rice University has many endowed and named scholarships for MBA students. These scholarships help cover tuition and fees. They also give students the chance to focus on their studies and careers.
The MBA Scholar is a top award worth $3,000,000. It covers tuition, fees, and gives a big stipend. The Full Named Dean’s Endowed Scholarship is also worth $2,000,000. It pays for the full MBA program. Plus, the Named Scholarship of $100,000 helps with tuition for deserving students.
For students in the two-year Rice MBA program, the Sonnenberg Scholars Fund starts at $10,000. This fund gives important financial help. These scholarships show Rice University’s dedication to bringing in top talent in rice mba scholarships and rice graduate business admissions.
Getting a scholarship at Rice University is hard but very rewarding. It lessens financial worries. It also opens doors to more career chances, better networking, and recognition for being excellent in academics.
Conclusion
Rice University’s MBA program is top-notch and offers many scholarships and funding options. This makes a great business education available to a wide range of talented students. The university aims to draw in the best and brightest for its rice mba program.
The rice mba application process is tough, with acceptance rates between 36% and 42%. But, Rice is committed to helping students afford the rice mba by offering financial aid. This way, qualified applicants can follow their rice mba dreams without worrying about costs.
Rice University also has a top-ranked rice mba online program for working professionals. This program offers flexibility for those balancing work and studies. With Rice’s wide range of scholarships and funding, students can start their MBA journey at a leading business school.
Jp Staff
Jp Staff