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Full-Tuition Fellowships from Top B-Schools

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Here's a look at some of the basics about full-tuition scholarships at some of the leading MBA programs

One of the management education world's greatest secrets is the wide variety of full-tuition fellowship programs at business schools. There are more than you might think—University of Virgina's Darden School of Business, for example, offers 61 full-tuition fellowships—and it is well worth taking the time to look into them during the application process. It could save you a cool $150,000, the average price for a two-year education at a top business school. We've rounded up some of the top schools' full-tuition fellowship programs, along with how to apply for them.

School: California Berkeley (Haas)
Name of full-tuition scholarship/fellowship: Haas Merit Scholarship; Haas Achievement Award; Maxwell Fellowship; White Fellowship
Number of full-tuition scholarships awarded to 2008 entering class: 14
How to apply: Automatic for Haas Merit Scholarships and White Fellowships; Haas Achievement Award requires optional essay as part of the application; the Maxwell Fellowship has a separate application.
Special requirements: Students must remain in good academic standing.

School: Carnegie Mellon (Tepper)
Name of full-tuition scholarship/fellowship: Dean's Scholarship; Consortium Fellowship
Number of full-tuition scholarships awarded to 2008 entering class: Not available
How to apply: Dean's Scholarship automatic consideration; Consortium application

School: U. of Chicago
Name of full-tuition scholarship/fellowship: The Dennis W. and Jane B. Carlton Fellowship; The Distinguished Fellows Program; The Wallman Fellowship; The David W. Fox Fellowship
Number of full-tuition scholarships awarded to 2008 entering class: 11
How to apply: Most admitted applicants are automatically considered at the time of the appliation, but many have additional interviews that are required as part of the final selection process.
Special requirements: All of the fellowships have a mentoring component, whether corporate or alumni. The Distiniguished Fellows are mentored by a professor.

School: Columbia
Name of full-tuition scholarship/fellowship: Feldberg Fellowship; Kopf Fellowship; Project Charity Trust; Alexander Bodini Real Estate Fellowship; Margaret B. Greenawalt Scholarship Fund; Mario Gabelli Fellowship; Goldman Sachs Foundation; Heilbrunn Fellowship; Various Corporate Fellowships
Number of full-tuitiion scholarships awarded to 2008 entering class: About 25
How to apply: Automatically considered

Source: BusinessWeek