Tuition and Financial Aid at Lally
Rensselaer makes every effort to assist qualified students in funding the costs related to seeking an advanced degree through merit-based and other assistance. The Lally School and Rensselaer offer several financial aid options, including loans and fellowships, which may be combined to cover the cost of your MBA education.
Your Lally MBA degree is an investment in your future career.
Surveys show that career earnings increase significantly with graduate education. Recent ranking surveys show that the return on your investment for your Lally degree is highly competitive in today’s job market.
- PayScale ranked Rensselaer 11th in Graduate Salary Potential, ahead of schools like Carnegie Mellon, Berkeley, Georgetown, University of Chicago and Cornell.
- U.S. News & World Report’s survey listed Rensselaer 42nd among the “America’s Best Colleges” and in its related survey of best value, “Great Schools, Great Prices,” it ranked Rensselaer 30th among U.S. universities for quality and affordability.
Current and prospective Lally graduate students are invited to contact the Admissions Office at lallymba@rpi.edu or 518.276.6565 518.276.6565 to discuss financing options available to meet your educational goals.
Academic Progress: Lally Graduate students must maintain satisfactory academic progress in each semester for continuation of their financial aid awards.
No separate financial aid application is required for Fellowship Awards. Once you complete your Lally MBA application, you will automatically be considered for several Lally fellowships and scholarships.
The Lally Innovation Competition Scholarship is open to MBA applicants. This scholarship competition requires a separate written entry application.
How are Lally MBA fellowships awarded? Lally fellowships are competitive and are granted based on merit; some fellowships are linked to the specific areas of study, such as manufacturing, finance or entrepreneurship.
When should I apply to obtain the best financial aid package? All MBA applicants are considered for financial aid. However the total amount of aid available is limited, so applying early ensures the greatest chance of obtaining aid through our various funding programs.
2009-2010 Application Deadlines for Fall 2010 Admission: December 15, February 15, April 15, June 15