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Stanford GSB Need-Based Fellowships

Comprehensive guide for Stanford GSB Need-Based Fellowships. Get eligibility details, stipend amounts, and registration instructions here.

Annual Grant Value~₹41.5 Lakhs INR / yr
Coverage TypeStanford GSB Need-Based Fellowships are non-repayable grants awarded based solely on demonstrated financial need. The average Stanford GSB fellowship for the class of 2026 was approximately $50,000 USD per year (approximately 4,150,000 INR) or $100,000 USD in total for the two-year program. The fellowship helps cover a portion of the total cost of attendance, which for a single student in 2026-2027 is estimated at $140,940 USD (approximately 11,708,020 INR), including tuition, living expenses, housing, medical insurance, and health fees. The actual amount varies depending on the student's individual financial situation and is designed to bridge the gap between the cost of attendance and the expected student contribution, supplemented by loans.
Target NationalityIndian Students

Eligibility Criteria & Selection Process

Key Eligibility Highlights

Comprehensive guide for Stanford GSB Need-Based Fellowships. Get eligibility details, stipend amounts, and registration instructions here.

Selection Criteria:

Selection for Stanford GSB Need-Based Fellowships is based *solely* on demonstrated financial need. The Stanford MBA Program admission process is need-blind, meaning an applicant's financial situation does not influence the admission decision. After admission, the financial aid office calculates an expected student contribution based on the applicant's financial situation. The difference between the cost of attendance and the expected student contribution is then covered by a combination of fellowships and loans.

Renewal Rules:

Students are required to apply for financial aid each academic year they are enrolled. Renewal of the fellowship in subsequent years is contingent upon continued demonstrated financial need and satisfactory academic progress.

Documents You Need

Completed Stanford GSB MBA Application Form
Official academic transcripts from all post-secondary institutions attended
GMAT or GRE scores
Current resume outlining work experience, education, and relevant achievements
Essays (typically 2 required, plus an optional short-answer question)
Two letters of recommendation
Proof of English proficiency (TOEFL or IELTS) for non-native English speakers who have not completed a degree in an English-speaking country
Application fee (or approved fee waiver)
Institutional financial aid application (submitted after MBA admission)
Free Application for Federal Student Aid (FAFSA) for U.S. citizens or permanent residents
Federal tax returns from two prior years (including all forms, schedules, W-2s, and confirmation of tax filing status) for U.S. citizens or permanent residents
Most recent pay stub for U.S. citizens or permanent residents
Most recent tax statements for the last two years from any and all countries in which the applicant worked (including wage statements) for international students

Applicable Universities for Stanford GSB Need-Based Fellowships

6 Listed
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Arizona State University: MS in CS Fees & Requirements for Indian Students 2026

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