Tuition Assistance Program

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Tuition Assistance Program

Agora School of Business provides a tuition assistance program. Each application will be carefully evaluated by the admissions committee, after a decision is made, you will be notified with the amount of the award. In order to maintain your funding, you must maintain a minimum grade of (B).

Need-based Award

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Need-based Award

Need-Based Award

Award Description

Need-based Awards are awarded solely based on the applicant’s financial needs according to specific income brackets. The application process for this award requires submission of the student’s proof of income. The Need-based award will only cover tuition costs and not any administrative or application costs. Please note that awards are offered on a first come first served basis and are subject to the availability of funds for the current academic year. Additionally, Need-based Award cannot be applied in addition to any other corporate or group discounts or any other Scholarships offered by Agora School of Business.

The current total tuition for the Master of Business Administration program is $6000.

Definition

Household Income: The combined income of the student and his/her spouse.

Types of Assistance

01. Grants which do not need to be repaid.
02.Work-study: part-time employment opportunities of a financial value equivalent to the awarded scholarship amount.

How to Apply?

Complete the application (embedded in the admission application form), fill all the sections, and upload all the required documents. Missing information or documents is not accepted and will be deemed incomplete.

Eligibility

To be eligible and continue receiving our need-based assistance, you are required:

To be a full-time MBA student.
Not to be on academic probation.
Maintain a minimum cumulative grade of B.
To submit the last 3-months payment slip/ HR letter stating your and your spouse’s monthly salary and all other variables (bonus, profit share and similar).
To submit the last 3-months household combined bank statements.
To demonstrate financial need by providing any of the following or similar supporting documents:
- Expenses like rental contract
- Loans or instalment statements
- Retired parents and official pension letters

Need-Based Aid Income Qualification Brackets

For a household income of $15,000/year or less, the need-based aid package is a 20% discount on tuition.
For a household income of $14,000/year or less, the need-based aid package is a 25% discount on tuition.
For a household income of $13,000/year or less, the need-based aid package is a 30% discount on tuition.
For a household income of $12,000/year or less, the need-based aid package is a 35% discount on tuition.
For a household income of $11,000/year or less, the need-based aid package is a 40% discount on tuition.
For a household income of $10,000/year or less, the need-based aid package is a 45% discount on tuition.
For a household income of $9,000/year or less, the need-based aid package is a 50% discount on tuition.
For a household income of $8,000/year or less, the need-based aid package is a 55% discount on tuition.
For a household income of $7,000/year or less, the need-based aid package is a 60% discount on tuition.
For a household income of $6,000/year or less, the need-based aid package is a 65% discount on tuition.
For a household income of $5,000/year or less, the need-based aid package is a 70% discount on tuition.
For a household income of $4,000/year or less, the need-based aid package is a 75% discount on tuition.
For a household income of $3,000/year or less, the need-based aid package is an 80% discount on tuition.
For a household income of $2,000/year or less, the need-based aid package is an 85% discount on tuition.

Special Circumstances

Sometimes, financial situations change after aid has been awarded. If this is the case, students may appeal to the Director of Admissions for a re-evaluation of their aid package. There are no guarantees that additional aid may be available at the time of the re-evaluation.

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