• Business School
    • Free MBA Admissions Consultation
    • MBA Admissions Services
    • School-Specific MBA Essay Tips
    • Executive MBA Essay Tips
    • MBA Admissions Calendar
    • Free Guides
    • Video Tips
    • Podcast
    • Selectivity Index
    • EMBA: The Ultimate Guide for Applicants
  • Medical School
    • Free Med School Admissions Consultation
    • Med School Admissions Services
    • Med School Admissions 101
    • Secondary Essay Tips (by School)
    • Student Interviews
    • Free Guides
    • Video Tips
    • Podcast
    • Selectivity Index
  • Law School
    • Free Law School Admissions Consultation
    • Law School Admissions Services
    • Law School Admissions 101
    • Selectivity Index
    • Free Guides
    • Podcast
    • Video Tips
  • Graduate School
    • Free Grad School Admissions Consultation
    • Grad School Admissions Services
    • Grad School Admissions 101
    • Free Guides
    • Video Tips
    • Podcast
  • College
    • Free College Admissions Consultation
    • College Admissions Services
    • Free Guides
    • Supplemental Essay Tips
    • Video Tips
    • Podcast
Accepted

Speak with an Accepted admissions expert for FREE!

Blog HomePodcastContact Us

Accepted Admissions Blog

Everything you need to know to get Accepted

September 19, 2019

Reading Time: 2 minutes

Yale’s School of Management Increases Financial Aid to Veterans

Yale's SOM increases financial aid to veterans

According to Yale Daily News, the School of Management is the first private business school in the U.S. to provide a complete subsidy for tuition and fees to eligible vets admitted to the MBA program. Eligible vets must have had at least three years of service besides any service that paid for their undergrad education or have a Purple Heart with an honorable discharge.

Veterans previously had a partial tuition subsidy at the Yale School of Management (SOM) under the Post-9/11 GI Bill. New funding provided by SOM will fully cover the portion of veterans’ tuition and fees that are not covered by the Post-9/11 GI Bill, with the United States Department of Veterans Affairs (USDVA) matching the school’s aid. This aid is offered under the Yellow Ribbon program which states that schools and the USDVA must provide extra financial aid.

This program started for the 2019-20 academic year and is for both newly enrolled and existing eligible vets. Currently 23 of SOM’s 50 veterans in both the MBA and executive MBA programs are benefiting from the new aid sources.

More about the Yellow Ribbon Program

Yale has been a part of the Yellow Ribbon Program since 2009. The original aid package only covered up to $5,000 of veterans’ tuition fees. Yale only allowed 50 students per year to receive this assistance. According to Rebekah Melville, Director of Financial Aid and MBA Admissions Committee Member at SOM, many potential veteran students turned to other schools because they could not afford Yale.

“It’s really about making it easier for veterans to include Yale on their list of schools that they want to spend time researching and ultimately getting more incredible people into the business school,” stated Melville.

According to Steven D. Westerfeld, a USDVA communications specialist, the Yellow Ribbon Program gives veterans more options when they apply for grad school. By being part of the program, Yale gives vets a chance to learn in an institution where they may not have been able to go.

Since the USDVA matches any merit-based financial aid given by Yale, the school is able to offer twice the amount it spends to get high-level students. Melville says that SOM’s military group has always been active. This is probably because the school has a mission to graduate business and societal leaders. In addition, SOM’s application criteria are in line with the skill sets that veterans possess.

This year, 23 of the 43 eligible for Yellow Ribbon at SOM are taking advantage of the benefits.

Do you have a military background? We’ve helped applicants like you gain admission to top MBA programs WITH scholarships, and we can help you too. Explore our services and work one-on-one with an expert advisor who will help you get ACCEPTED!

A word for applicants with a military background

Top MBA Program Essay Questions: How to Answer them right!

AcceptedFor 25 years, Accepted has helped business school applicants gain acceptance to top programs. Our outstanding team of MBA admissions consultants features former business school admissions directors and professional writers who have guided our clients to admission at top MBA, EMBA, and other graduate business programs worldwide including Harvard, Stanford, Wharton, Booth, INSEAD, London Business School, and many more. Want an MBA admissions expert to help you get Accepted? Click here to get in touch!

 

Related Resources:

• 5 Fatal Flaws to Avoid in Your MBA Application Essays, a free guide
• Yale SOM MBA Essay Tips & Deadlines [2019 – 2020]
• Academic De-Greening, Part 2: Applying to Graduate School After Military Service

Article by Accepted / MBA Admissions / MBA Financial Aid, military applicants, Yale SOM

Get Accepted!

Sign up for a free consultation today!

Which program are you applying to?

Most Popular Blog Posts

1. 7 Simple Steps to Writing an Excellent Diversity Essay

2. 4 Ways to Show How You’ll Contribute in the Future

3. How to Write About Your Research Interests

4. Tips for Answering the Yale University Supplemental Essays and Short Answer Questions [2022-2023]

5. When Will Medical Schools Give You an Answer?

6. Sample Essays from Admitted HBS Students

7. Tips for Answering the University of Pennsylvania Supplemental Essay Prompts [2022-2023]

8. Top STEM MBA Programs: A Comprehensive List and Overview of STEM-OPT Eligible B-Schools

Sample Essays

MBA Personal Statement Examples

Medical School Personal Statement Examples

Graduate School Personal Statement Examples

Law School Personal Statement Examples

College Application Essay Examples

 

This Site is Featured on GMATClub

Home Page Services and Prices MBA Med School Law School Grad School College

About Us Press Room Contact Us Podcast Accepted Blog
Privacy Policy Website Terms of Use Disclaimer Client Terms of Service

Accepted 1171 S. Robertson Blvd. #140 Los Angeles CA 90035 +1 (310) 815-9553
© 2022 Accepted

BBB A+ RatingStamp of AIGAC Excellence

Copyright © 2023 · Education Pro Theme on Genesis Framework · WordPress · Log in