Here are four more reasons to get excited about attending Boise State University (BSU). The Boise Philharmonic and Boise State Music Department have partnered to create four new full-tuition graduate fellowships for string players pursuing a master of music degree. These new fellowship awards will be added to the existing Graduate Quartet Fellowship for a total of 11 awards.
The Graduate Quartet Fellowships not only pay tuition, fees and a 10,000 USD stipend per year, for two years, but also provide fellows the opportunity to play in the Boise Philharmonic.
“This partnership represents two organizations pooling their resources to strive for excellence. By working together we are ensuring that music in the Treasure Valley will remain vital and thrive for many years to come.” - Boise Philharmonic music director Robert Franz Read more
To be eligible, applicants must be accepted into BSU’s master of music degree program for degrees in performance, pedagogy or education. To learn more about this fellowship please click here.
In these hard economic times universities have a choice, to play it safe and reduce scholarship and fellowship funding or to take a risk and invest in top talent. Some universities chose the latter and as a result are snatching up the best candidates.
The trend of offering high-paying scholarship and fellowship offerings to attract top talent is most evident in U.S. business schools, where the trend is being described by some as a fellowships “arms race”.
“It is an arms race,” says Alison Davis-Blake, dean of the University of Michigan’s Ross School of Business. “The race has gotten so hot, so fast that schools are using operating money to pay for a lot of these scholarships. No one had ever, ever done that in MBA land. Almost everybody is doing it now.” Read more
Some MBA programs, such as Yale, have increased their average scholarship and fellowship payouts by 100-150%. Other schools are adopting an even more aggressive and compelling approach, “premier fellowships”, which in addition to offering full-tuition funding, also provide a living stipend. Some schools are reaching one-step further and are offering additional awards to fellowship recipients. A great example of this is UNC’s Kenan-Flagler Business School, which offers a full-tuition premier fellowship that includes a $5,000 living stipend. UNC further sweetens the pot with it’s “Falls Prize”, which provides a $25,000 total stipend paid in $12,500 increments per year.
By all accounts, it appears that the fellowship opportunities in U.S. business schools will continue to increase for the foreseeable future. Learn more about these exciting fellowship opportunities here.
One of my personal goals is to earn an MBA from one of the top business schools in the U.S. Months of rigorous preparation, testing, networking, and writing are just some of what is required to get into one of these programs. However, the stress associated with getting into a program, and the work required once in a program, often pales in comparison to the stress associated with paying for the program. What is one to do?
Many of the top business schools in the U.S. offer competitive full-tuition fellowships. Yes, full tuition! The requirements for each fellowship and school vary, but cumulatively, these fellowships represent more than 300 full-tuition awards per year, totaling somewhere north of $30M U.S. in funding.
Here is an excerpt from an article published in Bloomberg Businessweek talking about some of these fellowships:
“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”.
Some of the notable schools identified in the article include Harvard, Stanford, Cornell (Johnson) and University of Pennsylvania (Wharton), just to name a few.
These are the types of opportunities we plan to add to the ProFellow database over the next year.
Join the crowd
Our step-by-step guide for a competitive fellowship application
1. Create a plan
2. Project proposal ideas
3. Talk to current / former fellows
4. Prepare an effective resumé
5. Find a host institution
6. Write a compelling personal statement
7. Prepare a strong project proposal
8. Get great recommendation letters (P1)
9. Get great recommendation letters (P2)
10. Nail the individual and group interviews