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Financing Your Education

The Moore School prides itself on having a robust scholarship program that provides highly qualified candidates the opportunity to earn an International MBA. All scholarships are granted after admission, prior to the start of the program. The amounts allocated are distributed through the duration of the program, allowing applicants to better budget the cost of attendance. An application form for fellowships and graduate assistantships is sent after admission to the program is granted.

Though the selection process is competitive in nature, there are a number of opportunities available for admitted applicants. 

  • Admitted applicants to the International MBA program with strong backgrounds could be eligible to receive a fellowship packages equivalent to 70-100 percent of the applicable program fee
  • Nearly 100 percent of the incoming class receives some type of fellowship funding, typically ranging anywhere from 10-50 percent of the applicable program
Available Resources
  • Global Leadership Fellows
  • Institutional Fellowships
  • Moore School Excellence Awards
  • In-State Program Fee Agreements
  • Graduate Assistant positions
  • Work Grants
  • Loan Programs
  • Additional Resources
Global Leadership Fellows
Admitted applicants to the International MBA entering in 2017 may be eligible to be selected as a Global Leadership Fellow. This prestigious honor is given to select individuals based on their service or academic background.

South Carolina residents who meet the criteria will receive a fellowship award of $3,000. Out-of-state residents who meet the criteria will be awarded a fellowship of $2,000 plus an additional award package with a value of approximately $28,170, which covers the difference between the in-state and out-of-state program fee rate for nonresidents. Additional funding opportunities may also be available for South Carolina residents and non-residents who are selected as a Global Leadership Fellow.

Eligibility for the Global Leadership Fellows includes:

  • U.S. military
  • Returned Peace Corps volunteers
  • Graduates of Darla Moore School of Business international partner institutions
  • Approved STEM and health and medicine degrees
  • Degree, major or minor in one of the International MBA language tracks (Arabic, French, German, Italian, Japanese, Mandarin, Portuguese or Spanish)

Please refer to the Global Leadership Fellows page for additional information.

Institutional Fellowships:
Darla Moore Fellowship*: This prestigious and competitive fellowship, named after the school's benefactor, offers two fellowships providing up to $20,000 each. Final selection is made by the Moore School Fellowship committee and is based on overall leadership potential of the applicant. Additional information on Darla Moore.  

Hipp Fellowship*: Admitted candidates who have an interest in continuing their careers in South Carolina and be supportive of the economic growth of the state may be considered for this important fellowship opportunity. Up to two fellowships are available covering the current in-state program fee cost (approximately $43,100). An interview is required. Applicants will be notified if they are selected as a candidate for this fellowship, and are advised about the interview process.

Peace Corps Fellowship*: Two fellowships are available covering up to 30 percent of the applicable program fee to highly qualified admitted applicants who have served in the Peace Corps and selected to be a part of Coverdell Fellows program. Final selection is made by the Moore School Fellowship committee. This funding is in addition to what all Returned Peace Corps Volunteers receive under the the Global Leadership Fellows program.  

BMW Fellowship*: This highly prestigious fellowship solidifies the commitment that BMW has made with University of South Carolina. Admitted applicants will be notified if they are selected as a candidate for the fellowship, and are advised about the interview process which takes place with executives from BMW. Preference is given to individuals with engineering and finance backgrounds. Multiple fellowships are available, typically ranging from $5,000-$30,000. 

*All International MBA non-resident candidates who are awarded an Institutional Fellowship will also be assessed the In-State Program Fee for each of the academic semesters in which they are enrolled, significantly lowering the cost of the program.

Moore School Excellence Award: 
Additional fellowships are awarded to incoming International MBA students with outstanding academic and professional accomplishments. Applicants may be awarded the “Moore School Excellence Award”, which can be comprised of one or more named funds. Candidates are informed of the specific fund composition of the award shortly after joining the program. Selection criteria include, but are not limited to, leadership potential, standardized test scores, academic background, and professional work experience. Each fellowship has specific selection and eligibility criteria.

Through the Moore School Excellence Award program, candidates may receive scholarships typically ranging from $500 to $20,000. All International MBA non-resident candidates who are awarded a fellowship of at least $2,000 are automatically assessed the In-State Program Fee for each of the academic semesters in which they are enrolled, significantly lowering the cost of the program.


In-State Program Fee Agreements: 
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 IMBA program; thus, residents of those states would not be eligible for the reduced costs for out-of-state programs.
  • ACM States which currently support the International MBA for the reduced program fee include: Alabama, Arkansas, Delaware, Florida, Georgia, Kentucky, Louisiana, Mississippi, Texas, Virginia and West Virginia. 
University of South Carolina / Taiwan Sister-State Tuition Benefit: This program was established through the sister-state agreement between the state of South Carolina and the Province of Taiwan. Through this agreement — valid for candidates enrolling in academic year 2015-16 and to be reviewed each year — any International MBA candidate who is a citizen of Taiwan would pay in-state tuition, significantly lowering the cost of the program. To qualify, applicants must be admitted to International MBA program and must demonstrate Taiwan citizenship with a valid passport.

Additional sister-state agreements are available for eligible citizens from the following countries and states:
  • Country of Aruba
  • State of Queensland - Australia
  • State of Rhineland-Palatinate/Rhineland-Pfalz - Germany
  • State of Thuringen - Germany
  • State of Brandenburg - Germany

Visit Tuition and Fees for more information on the Academic Common Market and the Taiwan Sister-State agreement. 

Graduate Assistantships:
Highly competitive Graduate Assistantships are awarded to select incoming International MBA students. Assistantships are offered during the Summer II and fall semesters of the first year of the program and during the fall and spring semesters of the final year of the program. The stipend can provide up to $10,000 in funding.

If you accept a position as a Full-Time MBA Graduate Assistant you will be assigned to an academic or administrative unit within the Darla Moore School of Business to assist on specific duties or projects. You will be responsible to work an average of 10 hours per week.

Work Grants:
During the fall and spring academic terms, there are a number of paid work grant opportunities available. Students participating in this program are assigned to a faculty or staff member and are responsible to work approximately 10 hours per week. The scope of the work grant can vary from helping with research, to assisting with projects or other duties. These positions become available during the beginning of the fall and spring semesters and are offered accordingly.

Additional on-campus part-time job opportunities at the Columbia campus
are available throughout the year. For a current listing of jobs go to Employment Opportunities

Loan Programs:
Federal student loan programs, for U.S. citizens only, are available to International MBA students through the USC Student Financial Aid Office. Take into consideration that the International MBA program starts in the summer term.

For details, call 803-777-8134 or visit Student Financial Aid & Scholarship.

Additional Resources: 
The Virginia B. Gourdin Scholarship is available to women currently enrolled in a graduate program at the Darla Moore School of Business. For more information visit the Scholarships Section of The Center for Scholarship Administration.

A number of opportunities are also offered by different private, public, and non-for-profit organizations to finance your education. These may be available in the form of fellowships, scholarships, and loans, among others.

The following is not a comprehensive list; therefore, we encourage candidates to research other sources of information.

Resource  Type of Resource Eligibility Description
USC International Students Services Fellowships/
Scholarship/
Loans
International Students International students should visit International Students Services for additional information concerning funding opportunities.
Access Group No-Fee Student Loans Loans U.S. citizens and eligible non-U.S. citizens Federal Stafford Loans for graduate and professional students. Loans for U.S. citizens and eligible non-citizens. For additional information go online to www.accessgroup.org or call 800.282.1550800.282.1550 FREE.
Graduate Incentive Recruiting Scholarships Fellowship African-American graduate students This fellowship is to financially help African-American graduate students to attend the University of South Carolina. For additional information, view or download the Graduate Incentive Fellowship Program PDF.
Fulbright Fellowship/Grants International Students The Fulbright Foreign Student Program brings citizens of other countries to the United States for Master’s degree or Ph.D. For more information visit the Fulbright website.
The Leadership Fellowship Program for Latin America and the Caribbean  Fellowships and Loans Latin American and Caribbean International Students LASPAU administers scholarship and loan programs for a wide variety of sponsoring agencies. For more information visit LASPAU and refer to Grant Opportunities
The Leo S. Rowe Pan American Fund Loans Latin American and Caribbean International Students The Leo S. Rowe Pan American Fund grants interest-free educational loans to outstanding students, from Latin American and Caribbean OAS member countries, to help them finance their higher education studies in the United States. For more information visit OAS.
Instituto Chileno Norteamericano de Cultura Information regarding Scholarships & Loans opportunities International students from Chile and other Latin American countries This organization provides a list of resources avaible in Chile and other Latin American countries to access information regarding scholarships and loans. For more information visit Instituto Chileno Nortemericano de Cultura.
Colfuturo Loans International students from 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. For more information visit Colfuturo.