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Financing Your Education

Merit-based awards

Financial assistance for full-time master’s degree business students, including international students, is available from the Moore School in the form of scholarships, fee reductions and work grants. These are awarded on the basis of merit. Exceptional applicants may receive a combination of awards. 

Academic Common Market

The Academic Common Market (ACM): This program was established to help out-of-state students reduce the monetary investment needed for graduate studies. Under the ACM agreement, a non-resident student may pay in-state tuition, provided the institution they wish to attend is a member of the ACM and no comparable program is available within their state of legal residency. Of the member states of the ACM, some offer an MIB or similiar program; thus, residents of those states would not be eligible for the reduced costs for out-of-state programs.

Refer to the table below for a representation of states supporting the MIB program at the Moore School.

ACM States





























  • States marked with a "●" denote anticipating entities supporting the MIB program at the Moore School.
  • This information is subject to change and it is managed by ACM directly.
For the most current and accurate information and for instructions on how to apply, visit the Academic Common Market. When prompted, input “ Master of International Business” as your program search. Once the ACM certification application has been approved by the home state’s organization, the candidate should contact the MIB Program admissions representative and send a copy of the certification.

Financial Aid

Federal loan programs are available to graduate business students through the USC Student Financial Aid Office. The priority deadline to apply is late February or early March. For details, call 1.803.777.8134 or visit their Web site at

International students should visit the International Students Services Web site for additional information concerning funding opportunities.

For a selected list of national fellowships and scholarships, please visit the Office of Fellowships & Scholar Programs online at

Other Resources for Financial Assistance For U.S. Domestic and International Candidates

  • Access Group No-Fee Student Loans: Federal Stafford Loans for graduate and professional students. Loans for U.S. citizens and eligible non-citizens. For additional information go online to or call 800.282.1550.
  • Graduate Incentive Fellowship Program: This fellowship is to aid in the financial need of African-American graduate students to attend the University of South Carolina. For additional information view or download the Graduate Incentive Fellowship Program PDF.
  • Fulbright: Many international students have come to the Moore School of Business on Fulbright scholarships. The Fulbright Commission has offices all over the world.
    "As an international student, your possibilities during the Internship are endless. I am from Costa Rica. I did my internship with DHL Worldwide Express in the UK and worked in a project in Eastern Europe. I did all of this during one semester full of real challenges in a truly international environment. What other program can give you this?" - Paul Brealy, Costa Rica (MIBS '02)
  • EduPass:
  • Other Sources for Internationals (PDF doc requires Adobe Acrobat reader)
  • World Bank: The World Bank offers scholarships to international students seeking degrees in the United States. As stated on the World Bank Web site: "The objective of the scholarship and fellowship programs is to help create an international community of highly-trained professionals working in the field of economic and social development." For more information, go to:
  • NAFSA: Association of International Educators NAFSA serves the field of international education -- professionals in international education, institutions of higher education, and international and U.S. study abroad students -- by providing grant and scholarship opportunities. More information and detail may be found online:
    • In Latin American and the Caribbean:
      • The Leadership Fellowship Program for Latin America and the Caribbean is a program founded by the W.K. Kellogg Foundation administered by LASPAU, Academic and Professional Programs for the Americas. More details about the fellowship may be found online.
      • The Leo S. Rowe Fund grants student loans to competent persons from Latin America and Caribbean countries, members of the Organization of American States, to help them finance their higher education studies in the United States, with the understanding that, upon completing those studies, they will be in a position to give their respective countries the benefit of their training.
    • In Chile:
    • In Colombia:
      • Colfuturo is a non-profit organization with an endowment of more than $15 million donated by a group of private and public Colombian institutions. The main purpose of Colfuturo is to assist Colombian students wishing to enroll in a graduate program anywhere in the world. More information about Colfuturo may be found online: