MBA programs are boosting financial aid offerings to stay competitive. These are the top ways business schools are helping students pay their skyrocketing tuitions.

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The high costs of tuition and a student loan crisis has led top MBA programs in the US to boost their financial aid offerings.

simply click here to claim your deal and get access to all exclusive Business Insider PRIME content.However, the skyrocketing costs of tuition and a student loan crisis that is dominating political debate has led top programs in the US to boost their financial aid offerings.

Still, tuition at top MBA programs can cost upward of $130,000 for a two-year program. Skyrocketing costs and a student loan crisis that is dominating the current political debate have led to more interest in financial aid. In addition, full-time MBA programs are facing challenges, such as stricter immigration policies that are making potential international students reluctant to apply.

"Duke University's Fuqua School of Business Summer Internship Fund, sponsored by both school and student groups, matches what employers are able to pay to students interning with nonprofits, mission-driven businesses, or small businesses and startups so that those groups are able to benefit from the expertise of an MBA intern without significant financial sacrifice," said Allison Jamison, assistant dean of admissions at Fuqua.

"In order to encourage MBAs to make meaningful contributions to social issues, economic growth, and political stability in organizations where salaries are typically lower, we offer a loan forgiveness program to reduce the financial impact of educational debt, by paying a percentage of graduates' Stanford GSB loan obligations while they are employed in the nonprofit or public service sectors," said Kirsten Moss, assistant dean of MBA admissions and financial aid at Stanford GSB.

 

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Waste of Money....all of them.

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