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

To apply for ALL merit-based financial awards, complete the Merit-Based Financial Awards Application within the admissions materials.  Deadline for best consideration is November 15.  Click here for a complete list of Application Deadlines .

The Academic Common Market (ACM) was established to assist out-of-state students reduce the costs of graduate study.  Under the ACM agreement, a nonresident student may pay in-state fees provided the institution they wish to attend is a member of the ACM and no comparable program is available within their home state.  Of the 16 member states of the ACM, some offer IMBA and MHR programs, thus, residents of those states would not be eligible for the reduced costs for out-of-state programs.  To determine whether you are eligible for the ACM program, click on the link above and contact your state representative..

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 803-777-8134 or visit their Web site at www.sc.edu/financialaid.

International students should visit the International Programs for Students Web site at www.sa.sc.edu/ips/funding.htm for additional information concerning funding opportunities.

For a selected list of national fellowships and scholarships, you should visit the Office of Fellowships & Scholar Programs online at  http://www.sc.edu/ofsp/national.html.

Fellowships

Fellowships are highly competitive and  are awarded to incoming master's students with outstanding academic and/or professional accomplishments. Selection criteria include leadership potential based on community service and extracurricular activities, GMAT scores (GRE for MHR and MA Economics), academic background, and work experience.  

Fellowship interviews will be held in Columbia, SC,  in February (November for the IMBA European program). Finalists are invited to the USC campus to meet with current faculty, staff, and students while interviewing for fellowships.

The Darla Moore Fellowship Program, established in 2000, provides $20,000 ($10,000 per year for two years) to incoming master’s students. Annually, there are 35 Darla Moore Fellowships available to entering students.
Hipp Fellowship, established in 2007, provides full-program fee subsidy for three South Carolina residents for the IMBA program.  The value is at least $35,000 to cover the program fee.  I MBA candidates who are ultimately selected for the Hipp Fellowship should convey long-term goals to include, but not limited to, being positive change agents for the state and committed to serving the South Carolina community at large.  Strong candidates will be able to clearly illustrate leadership qualities and commitment to community initiatives.
The BMW Manufacturing Corp. International Business Fellowships, two of $25,000 each ($12,500 per year for two years), is awarded yearly to entering IMBA students.
LanguageCorps Fellowship, former LanguageCorps teacher is awarded a $10,000 (minimum) fellowship for an entering IMBA student.
	CDS International Program Alumni Fellowship, a $10,000 (minimum) fellowship is awarded to a CDS International Program alumnus.
	The Peace Corps Fellows/USA Program provides $20,000 ($10,000 per year for two years) and is awarded yearly to one or two entering IMBA students.   Candidates for the PC Fellowship must apply for the Round I deadline (Nov. 15).
	Golden Key International Honour Society Member Fellowship provides a $20,000 (total) fellowship for an entering IMBA student who is a member in good standing with GKIHS.

IMBA students are also eligible for the following fellowships:

• Cantey Memorial Fellowship - $6,000/Year - $12,000 Total
• Calhoun Hipp Memorial Fellowship - $9,000/Year - $18,000 Total
• Francis Hipp Memorial Fellowship - $8,000/Year - $16,000 Total
• Herman Hipp Memorial Fellowship - $8,000/Year – $16,000 Total
• Liberty Fellows (2) - $5,000/Year - $10,000 Total
• Wachovia Fund for Excellence Fellowship - $3,500/Year - $7,000 Total
• SCANA/Sonat Fellowship - $2,000/Year - $4,000 Total

Contact Reena Lichtenfeld, Director of Graduate Admissions and Enrollment Management, for questions or more information about IMBA financial awards.  Phone 803-777-6749, e-mail rlichten@moore.sc.edu.

Master of Human Resources students are eligible for the Duke Energy Fellowship of $7,500.  The recipient will work with a faculty member on a research project for Duke Energy.  The following fellowships are also open to MHR students:

• MHR Advisory Council Fellowship - (Multiple Awards)  $1,000 - $5,000
• Clevenger MHR Alumni Fellowship - $2,000

Contact Dean Kress, Managing Director for MHR, for questions or more information about MHR financial awards.  Phone 803-777-7015, e-mail kressd@moore.sc.edu .

Master of Accountancy (Taxation) Program students can apply for the Ernst and Young Fellowships of $4,500 per year.  Other fellowships available include:

• Putnam Fellowships (Multiple Awards) - $2,000 - $4,500
• Muse Memorial Fellowship - $1,000 - $2,000
• Cramer Fellowship - $1,000
• Olson Memorial Fellowship (Multiple Awards) - $1,000

Contact Jimmy Burkett, Managing Director for MACC, for questions or more information about MACC financial awards.  Phone 803-777-6412, e-mail burkett@moore.sc.edu .

Fee Reductions
Fee reductions will be offered to select incoming students in addition to fellowships. Fee reductions may be awarded as supplements to fellowships and work grants.  

Work Grants Merit-based grants are given to master’s program students who have excelled academically and/or professionally.   These awards, made prior to the student entering the program, are based on consideration of undergraduate GPA, GMAT, and work experience.  Merit-based work grants pay $1,000 per semester for 10 hours per week of work.  Fee reductions may also be awarded to supplement work grants.

The merit-based work grant students work with the Moore School of Business faculty and staff.  Duties typically include grading papers, library research, computer work, and administrative support.  Work assignments are based on students’ computer skills, undergraduate degree, and work experience.

Some skill-based work grants are available in departments within the Moore School of Business, such as the S.C. Export Consortium, Small Business Development Center, Faber Center for Entrepreneurship, and Daniel Management Center.  Students hired for these positions typically have excellent work experience and computer skills.  Interviews for these positions are required.  Salaries and work hours vary.

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 www.accessgroup.org 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. For more information about Fulbright programs, go to: http://www.fulbright.org/commissions.htm
  "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, Class of 2002
  
• EduPass: http://www.edupass.org/finaid/loans.phtml
• 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: http://www.worldbank.org/wbi/scholarships/  
• Muskie Fellowship Program:   http://www.actr.org/alumni/muskie.htm
• The David L. Boren Graduate Fellowship:  http://nsep.aed.org/boren.html
• 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: http://www.laspau.harvard.edu/oea/index.htm
       
  • In Chile:
    • Instituto Chileno Norteamericano de Cultura - http://www.norteamericano.cl/
    • Agencia de Cooperacion Internaciaonal (AGCI) - http://www.agci.cl/
    • Banco Interamericano de Desarrollo - http://www.iadb.org/
    • Comision Fulbright - http://www.fulbrightchile.cl/
    • Mideplan - http://www.iadb.org/
    • FundaciÓn Ford - http://www.programabecas.org/
    • FundaciÓn Andes - http://www.fundacionandes.cl/
       
  • 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: http://www.colfuturo.com/