Benefits & Funding

Depending on the programme you apply for, MIP provides you with information about the different financial aid options currently available. By clicking on the respective button below you can find out which contribution is applicable to each programme.

Please note that the application cycle for the Fall 2021 intake is now closed for non-EU candidates. The admissions for the Fall 2022 intake will open on 15th October 2021.

For further information and to check the conditions write to infomasters@mip.polimi.it.

INTERNATIONAL FULL TIME MBA

Our Financial Aid Program makes MIP’s International Full Time MBA more accessible to deserving candidates.

In order to be considered, download and fill in the Financial Aid Request Form. When making your online application, tick the option indicating that you are interested in MIP financial aid and then upload the form duly completed together with a copy of your latest pay slip. Some contributions will also require an additional essay, motivational letter or competition entry.

Moreover, candidates can avail an early-bird discount of €2000 by submitting their applications before 25th February 2022.

Fee reductions are not cumulative (except for the Early Bird). Candidates can apply to different contributions but only one will be granted.

Gianluca Spina Memorial Scholarship

Named after Gianluca Spina, who was the Dean of the MIP Graduate School of Business, this scholarship worth 50% (gross) is offered to one outstanding 2021/22 MBA candidate.

Discover more.

Regional Contribution

MIP offers contributions of 5% - 50% of the tuition fee in order to promote international diversity within the class and to provide assistance to talented MBA candidates.

Discover more.

Expat Tuition Fee Contribution

MIP is offering a limited amount of contributions to international candidates already living, working or studying in Italy.
The contribution starts at 20% of the tuition fee, although this discount may be increased depending on the quality of the candidate's application, their previous work experience and GMAT score.

Discover more.

Assistantship

MIP is offering a tuition fee contribution of up to 50% to MBA candidates, on merit- or needs-based grounds. The recipient of this contribution will be a candidate who is willing to dedicate a few hours of their time each week to assiting MIP's offices with their work.

Discover more.

Global Leadership Contribution

MIP is offering a limited number of contributions to candidates holding international work experience and working outside of their home country at the time of application.

Discover more.

MIP4Women

Given the success of the MIP4WOMEN competition, we are proud to announce the relaunch of this initiative for the 2021 intake. Our goal is to continue to encourage female participation in our Internatioanl Full Time MBA and to foster a culture of women in management.

Discover more.

MIP CIRCULAR ECONOMY CHALLENGE

Contributions amounting to 25% of the tuition fee will be granted to two International Full Time MBA candidates. To be considered, candidates need to write an essay on the topic of the Circular Economy.

Discover more.

Shaping a better future with MIP

“Shaping a better future” is one of the most important reasons for achieving an MBA Diploma. Share your ideas on this topic and you could be awarded a tuition fee contribution of up to 25%.

Discover more.

Volunteer Involvement Contributions

MIP Graduate School of Business believes that volunteer involvement is an integral part of a strong and prosperous community. To encourage this value, MIP has decided to reward an MBA candidate who demonstrates outstanding volunteer involvement in their community. The winner of the annual award will receive a discount up to €5,000 to use towards their tuition.

Discover more.

GMAT/GRE-based Contributions for Exceptional Merit

MIP recognises how challenging preparing for the GMAT can be. For this reason, the MBA Admissions Committee, after an attentive assessment of the candidate's academic/professional track record, is offering several GMAT/GRE-based contributions to the highest achievers.

Discover more.

Alumni Contribution

Merit-based tuition fee contributions of up to €3,000 are available for Alumni from various master programs of MIP and other departments of Politecnico di Milano.
The amount will depend also on the final GPA and the results of the selection process.

Kinship Contributions

Candidates whose family members (brothers, sisters, spouses) have graduated from one of the International Specialising Master Degrees of MIP Politecnico di Milano are entitled to a contribution of €1,000.

Special Fee for Selected Countries

In order to promote international diversity within the class and to provide assistance to talented individuals from underrepresented countries, MIP offers fee reductions of 20,500 for our International Full-Time MBA program.

Discover more about the Special Fee for Selected Countries at this link.

PRODIGY FINANCE

Founded in 2007, Prodigy Finance provides loans for top international graduate students to pursue their master’s at the world’s best schools, including MIP Politecnico di Milano. Their loan model eliminates the need for a co-signer or collateral. This means they can lend to many students who lack access to other traditional sources of funding. Additionally, Prodigy Finance assesses their applicants’ future earning potential to determine loan affordability.

See more details about the terms and conditions, and how to apply for a loan on Prodigy Finance’s website.

DEUTSCHE BILDUNG

DEUTSCHE BILDUNG. THE ALTERNATIVE TO A STUDENT LOAN.

As a social business, Deutsche Bildung has financed students since 2007. Monthly as well as single and returning payments guarantee a completely flexible financing of almost all programmes and subjects in Germany and abroad. The repayment is income-linked: students pay back a fixed percentage of their future income over a certain period of time once they have entered their first job successfully.
More information via www.deutsche-bildung.de.

HONDUFUTURO

HONDUFUTURO – Un Nuevo Futuro En Educación

HonduFuturo is a Honduran private non-profit foundation that offers a Scholarship-Loan programme to support studies abroad. HonduFuturo offers each eligible Honduran student up to US$25,000 per year for a maximum of two years . In total, the foundation offers loans of up to US$50,000. Students may be awarded scholarships for 40% of the loaned amount, provided they accomplish these three requirements:
(1) be awarded their postgraduate degree
(2) return to Honduras
(3) remain in the country for three to five years.
Students may also obtain an additional 20% discount if, upon returning to the country, they engage in employment for one year as university professors.

MIP offers a discount of 10% on the tuition fee due for the participation to Master courses to students enrolled at MIP who have previously been granted with a loan-scholarship issued by Hondufuturo.

You can find up-to-date information on eligibility criteria, application deadline and other details on the official HonduFuturo website: https://www.hondufuturo.org/ Pelase refer to Hondufuturo for any further information.

What is the cost of the MBA Program?

The International Full-time MBA tuition fee is €39,000 for both domestic and international students. All other costs (except travel and living expenses) are included in the fee. All candidates will receive company sponsorships of €5,000 from the MBA Partner Companies. 

What type of financial aid is available?

MIP has many options available for financial aid; some are offered by MIP itself and others by our collaborators. Consult the Benefits & Funding webpage (refer to the Contributions tab) for a full and up-to-date list. Students can apply for as many MIP contributions as they wish but may only receive one.

How can I apply for MIP Financial Aid?

You can download the Financial Aid Request Form in the Benefits & Funding webpage or get it from the representative with whom you are in contact upon making your application. You should also write to infomasters@mip.polimi.it.
Some contributions will also require an additional essay, motivational letter or competition entry.

JUNIOR SPECIALISING MASTERS

Multiple options are available for International Junior Specialising Masters applicants. In the tabs below you will find a complete list of the opportunities currently available.

Applicants of the 2022 intake of the International Junior Specialising Masters can apply for the following fee reductions.

Candidates can avail an early-bird discount of €1000 by submitting their applications before 25th February 2022 (except for IMLUX and IMPM).

The reductions will be given out on a first-come, first-served basis. Therefore, early applications are encouraged. Candidates wishing to apply for financial aid must make their request on the application form at the time of application – later requests for financial aid will not be considered.

Fee reductions are not cumulative (except for the Early Bird). Candidates can apply to different contributions but only one will be granted.

GMAT-/GRE-BASED REDUCTIONS

Candidates with a high GMAT/GRE score available before admission will be eligible to run for the following contributions:

GMAT Score between 590 and 650 or GRE equivalent - €1,500

GMAT Score above 650 or GRE equivalent - €3,000

REGIONAL CONTRIBUTION

Candidates coming from selected regions (Eastern Europe, Western Europe, South-East Asia, Middle-East Asia, Central Asia, Indian Sub-Continent, Oceania, Africa, Northern America, Central America, South America, Gulf Countries, The Caribbean and Far East Asia) can apply for tuition fee waivers covering up to €3,000. Candidates need to submit an essay explaining how their international and unique profiles will add to the diversity of the class.

Candidates coming from Georgia can apply for a reduction of 50% of the tuition fee for the following master programs:
ALUMNI CONTRIBUTIONS

Alumni can apply to the merit-based tuition fee contributions of €1,000 are available for alumni from various master programs of MIP and other departments of Politecnico di Milano.

KINSHIP CONTRIBUTIONS

Candidates whose family members (brothers, sisters, spouses) have graduated from one of the International Specialising Master Degrees of MIP Politecnico di Milano are entitled to a contribution of €1,000.

MIP4EXPATS CONTRIBUTION

International candidates who are living, working or staying in Italy at the time of application can apply for tuition fee waivers covering up to €3,000. To apply, candidates need to submit an essay explaining how their international profile and experience will add value to the class.

MIP STEM CONTRIBUTION

3 partial tuition fee reductions are available to candidates with a Science, Technology, Engineering or Maths background and who demonstrate outstanding achievement to date.

1st place: € 3,000

2nd place: € 2,000
3rd place: € 1,000

Candidates who wish to participate in this particular contribution should upload a short statement to their application outlining their motivation to be considered for the waiver and attach any documents that may support their candidacy (extracurricular activities, awards, club memberships, etc.).

The MIP STEM tuition fee reductions are awarded to deserving candidates on a first-come, first-served basis. Therefore, early applications are encouraged.

The MIP STEM contribution is applicable only for the following masters:

SPECIAL FEE FOR SELECTED COUNTRIES

PRODIGY FINANCE

Founded in 2007, Prodigy Finance provides loans for top international graduate students to pursue their master’s at the world’s best schools, including MIP Politecnico di Milano. Their loan model eliminates the need for a co-signer or collateral. This means they can lend to many students who lack access to other traditional sources of funding. Additionally, Prodigy Finance assesses their applicants’ future earning potential to determine loan affordability.

See more details about the terms and conditions, and how to apply for a loan on Prodigy Finance’s website.

DEUTSCHE BILDUNG

DEUTSCHE BILDUNG. THE ALTERNATIVE TO A STUDENT LOAN.

As a social business, Deutsche Bildung has financed students since 2007. Monthly as well as single and returning payments guarantee a completely flexible financing of almost all programmes and subjects in Germany and abroad. The repayment is income-linked: students pay back a fixed percentage of their future income over a certain period of time once they have entered their first job successfully.
More information via www.deutsche-bildung.de.

HONDUFUTURO

HONDUFUTURO – Un Nuevo Futuro En Educación

HonduFuturo is a Honduran private non-profit foundation that offers a Scholarship-Loan programme to support studies abroad. HonduFuturo offers each eligible Honduran student up to US$25,000 per year for a maximum of two years . In total, the foundation offers loans of up to US$50,000. Students may be awarded scholarships for 40% of the loaned amount, provided they accomplish these three requirements:
(1) be awarded their postgraduate degree
(2) return to Honduras
(3) remain in the country for three to five years.
Students may also obtain an additional 20% discount if, upon returning to the country, they engage in employment for one year as university professors.

MIP offers a discount of 10% on the tuition fee due for the participation to Master courses to students enrolled at MIP who have previously been granted with a loan-scholarship issued by Hondufuturo.

You can find up-to-date information on eligibility criteria, application deadline and other details on the official HonduFuturo website: https://www.hondufuturo.org/ Pelase refer to Hondufuturo for any further information.

INTERNATIONAL FUNDING

We encourage international applicants to explore the financing sources options available in their country of origin: MIP provides international students with information about scholarships and loan opportunities.

Please consider that MIP does not have a partnership with the institutions listed in the tabs below. Therefore, each applicant should assess on his/her own all the conditions of the source of funding.

Denmark

SU - STATENS UDDANNELSESSTØTTE
Some State Educational Grant and Loan Scheme may be available from SU institution
https://www.su.dk/

Germany

EDUCATION FUND BILDUNGSFONDS
Financing programme for German students who apply for an MBA and a Master also abroad
https://bildungsfonds.de/

STUDIEN KREDIT
Find the student loan suitable for you
https://www.studienkredit.de/

Greece

ONASSIS FOUNDATION
The Scholarship Program for Hellenes for studies abroad concern Greek candidates who pursue postgraduate studies abroad
https://www.onassis.org/open-calls/scholarships-call-academic-year-2021-22/

Iceland

ICELANDIC STUDENT LOAN FUND
The Icelandic Student Loan Fund is a government-funded student loan fund for Icelandic citizens who wish to pursue their university studies in Iceland or abroad
https://menntasjodur.is/

Norway

STATENS LÅNEKASSEN
The State Educational Loan Fund for Norwegian students
https://lanekassen.no/nb-NO/

Portugal

FUNDACIÓN ”LA CAIXA”
La Caixa Foundation grants fellowships to carry out postgraduate studies at universities in the European Higher Education Area (EHEA). Applicants with both Spanish and Portuguese nationality can apply
https://fundacionlacaixa.org/es/becas-la-caixa-posgrado-extranjero

Russia

GLOBAL EDUCATION PROGRAM
GEP is a Russian government funding program that funds full-time post-graduate studies
https://educationglobal.ru/en/info/

AVESA
Together with the AHML, Agency for Housing Mortgage Lending, in 2011 AVESA has launched an educational loans program for the purposes of education in Russia and abroad
http://www.avesa.ru/edu_loans

Spain

FUNDACIÓN ”LA CAIXA”
La Caixa Foundation grants fellowships to carry out postgraduate studies at universities in the European Higher Education Area (EHEA). Applicants with both Spanish and Portuguese nationality can apply
https://fundacionlacaixa.org/es/becas-la-caixa-posgrado-extranjero

FUNDACIÓN BARRIÉ
The Barrié Foundation, aware of the importance of training for the development of individuals and communities, promotes the Graduate Scholarship Program Abroad
https://fundacionbarrie.org/

BANCO UNICAJA
Unicaja Banco helps students with the payment of their university tuition fees
https://www.unicajabanco.es/es/particulares/hipotecas-y-prestamos/prestamos-personales/financiacion-estudios

BANCO SABADELL
Banco Sabadell may offer loan options to finance your studies
https://www.bancsabadell.com/cs/Satellite/SabAtl/Loan-for-studies-and-courses-/1191332201462/en/

Sweden

IVA Ingenjörs Vetenskaps Akademien
The Hans Werthén Foundation awards scholarships for MBA studies in an international setting
https://www.iva.se/en/About-IVA/Distinctions-and-scholarships//

Turkey

JEAN MONNET SCHOLARSHIP PROGRAMME
The Jean Monnet Scholarship Programme, project funded by the EU, aims at increasing expertise in the EU field and supporting Turkey’s administrative capacity building efforts. Scholarships are granted exclusively for academic studies related to Turkey’s EU harmonisation process and the EU acquis.
Scholars shall conduct academic studies at graduate level in one of the EU member countries for periods of maximum 12 months
https://www.jeanmonnet.org.tr/en-us/

Ukraine

WORLD WIDE STUDIES
The Victor Pinchuk Foundation's WorldWideStudies programme offers support for Ukrainian youth to get a Master's Degree worlwide
http://worldwidestudies.org/

United Kingdom

NATWEST
Students attending MBA programmes accredited could apply for potential loans
https://personal.natwest.com/personal/life-moments/students-and-graduates/student-finance-and-loans.html

North America

Canada

CANADIAN GOVERNMENT
Explore the Canada student loans, grants, scholarships and other aid to plan your education
https://www.canada.ca/en/services/benefits/education.html

CANADIAN BUREAU FOR INTERNATIONAL EDUCATION
CBIE manages and administers scholarships on behalf of Canadian government departments
https://cbie.ca/what-we-do/scholarship-management/

FONDATION BAXTER & ALMA RICARD
The program is intended for students with Canadian citizenship enrolling also in a Master Programme
https://fondationricard.com/demande-de-bourse/

Mexico

FUNED
Funed supports Mexican students who have an acceptance letter for one of the best universities in the world and best programs
https://funedmx.org/

FIDERH
It is a federal trust managed by the Central Bank of Mexico and part of CONACYT that offers affordable loans for Mexican students to finance their studies
https://www.fiderh.org.mx/

CONACYT - CONSEJO NACIONAL DE CIENCIA Y TECNOLOGIA
Provides loans to students with Mexican nationality studying abroad
https://www.conacyt.gob.mx/

USA

FULBRIGHT
The U.S. - Italy Fulbright Commission offer Grants for U.S. citizens wishing to pursue their studies in Italy. Please visit the webpage below for further info or contact them at info@fulbright.it
http://www.fulbright.it/study-in-italy/

KEY BANK
Loan programs offered to assist you in financing the education programs
https://www.key.com/personal/index.jsp

NSHMBA
The National Society of Hispanic MBAs Scholarship program provides funding to assist Hispanics pursuing Master's Degrees in management/business
https://www.honorsociety.org/scholarships/national-society-hispanic-mba-nshmba-scholarship

LENDKEY
Federal, state and university funded financial aid
https://www.lendkey.com/

BANK OF AMERICA
https://www.bankofamerica.com/

South America

Brazil

FUNDAÇÃO ESTUDAR
Fundacao Estudar offers scholarships for the most promising Brazilian candidates
https://www.estudar.org.br/?idioma=1

Chile

AGCI CHILE
The Agencia de Cooperación Internacional de Chile para el Desarrollo (AGCID) manages the scholarships of the International Development Cooperation
https://www.agci.cl/becas/becas-para-chilenos

CONICYT - ANID
CONICYT Ministerio de educación - Agencia Nacional de Investigación y Desarrollo offer scholarships for postgraduate studies in Chile and abroad
https://www.conicyt.cl/becasconicyt/

Colombia

COLFUTURO
Colfuturo contributes to national development goals by creating opportunities for Colombians with an excellent academic record to carry out studies in master’s and doctoral programs in the world’s leading universities. Through the Loan Scholarship Program, students can get a two-year loan of up to USD 50,000 to finance their studies. The loans can be forgiven up to a maximum of 80%. The amount of the credit that converts to scholarship depends on the area of study and program. For further details visit their webpage
https://www.colfuturo.org/programas/credito-beca/informacion-general

ICETEX
ICETEX is the entity of the Colombian Government in charge of channeling the international cooperation scholarships offered by Governments and International Organizations. For further information about the opportunities offered please visit the dedicated webiste
https://portal.icetex.gov.co/Portal/

Peru

BANCO DE CREDITO PERU
BCP finances full-time studies also in institutions abroad
https://www.viabcp.com/

CONCURSO BECA GENERACIÓN DEL BICENTENARIO - GOBIERNO DEL PERÚ
The government of Peru offers scholarships for international masters to Peruvians who have completed their higher studies with proven academic performance and obtained a bachelor's or master's degree
https://www.gob.pe/pronabec
https://www.pronabec.gob.pe/beca-generacion-bicentenario/

Venezuela

EDUCREDITO
For higher postgraduate studies of any career worlwide
http://www.educredito.org.ve/estudiantes/

Other

FUNDACIÓN ”LA CAIXA”
La Caixa Foundation grants fellowships to carry out postgraduate studies at universities in the European Higher Education Area (EHEA). Applicants with both Spanish and Portuguese nationality can apply
https://fundacionlacaixa.org/es/becas-la-caixa-posgrado-extranjero

BECAS DEL GOBIERNO DE ITALIA – AMEXCID
On this site they will present students with information so that you can find the scholarship you need to continue studying. Go ahead and find the scholarship you are looking for.
https://becas-sin-fronteras.com/inicio/

Hong Kong

WFSFAA
Working Family and Student Financial Assistance Agency is committed to providing dedicated financial assistance. The Sir Edward Youde Memorial Fellowships for Overseas Studies aim at financing outstanding students for overseas postgraduate studies
https://www.wfsfaa.gov.hk/sfo/seymf/en/whatwedo/fellowships_overseas.htm

India

NAROTAM SEKHSARIA FOUNDATION
The Scholarship Programme has been specially designed for students of academic excellence who wish to pursue postgraduate studies at prestigious institutions in India or abroad
https://pg.nsfoundation.co.in/programmes.html

R D SETHNA
Students of all communities who are Indian citizens can apply for grant of loan scholarships to undertake scientific, technical, industrial or commercial studies in India and abroad
https://www.rdsethnascholarships.org/

K.C MAHINDRA EDUCATION TRUST
K. C. Mahindra Education Trust has granted interest-free loan scholarships to deserving Indian candidates to pursue post-graduate studies abroad in various fields
https://www.kcmet.org/what-we-do-Scholarship-Grants.aspx

BANK OF BARODA
Education loan scheme for study abroad
https://www.bankofbaroda.in/baroda-scholar-loan.htm

STATE BANK OF INDIA
Educational loans for study abroad are available from the State Bank of India
https://www.sbi.co.in/web/personal-banking/loans/education-loans/student-loan-scheme

UNIVERSITY GRANTS COMMISSION
Portal for students seeking Education Loan
https://www.ugc.ac.in/page/Educational-Loan.aspx

Indonesia

LEMBAGA PENGELOLA DANA PENDIDIKAN
The LPDP Scholarship is a program funded by the Indonesian government to finance further studies in the Masters program for all Indonesian citizens also in the universities abroad
https://www.lpdp.kemenkeu.go.id/in/page/tentang-beasiswa-lpdp

Singapore

PUBLIC SERVICE COMMISSION
Lee Kuan Yew Scholarship recipients can pursue postgraduate studies overseas to develop their potential as leaders in their respective fields. There are no restrictions on the course of study
https://www.psc.gov.sg/Scholarships

Taiwan

BANK OF TAIWAN
The Bank of Taiwan offers educational loans for studying abroad
https://www.bot.com.tw/English/BankServices/LoansServices/ConsumerLoans/Pages/LoansforStudyingAbroad.aspx

Middle East

QUEEN RANIA FOUNDATION
Every year the foundation offer a variety of scholarship programs for Jordanian students and professionals awarded to only the most outstanding achievers
https://www.qrf.org/en
https://www.queenrania.jo/en/education/students/scholarships

Oceania

JOHN MONASH FOUNDATION
Scholarships are awarded annually to outstanding Australian graduates to support them with post graduate study at the world’s best universities
https://www.johnmonash.com/scholarships/applications

Worldwide

GO GLOBAL MBA SCHOLARSHIP
At educations.com, they believe that studying abroad helps shape the next generation of globally-minded leaders in business: Go Global MBA Scholarship, worth $7,000, is open to international students from any country who are starting an MBA degree abroad. Please find more information here:
https://www.educations.com/scholarships/go-global-mba-scholarship-20629

FORD FOUNDATION
The Ford Foundation’s pioneering, decade-long International Fellowships Program (IFP) supported advanced studies for social change leaders from the world’s most vulnerable populations. Applicants must be resident nationals or residents of an eligible IFP country or territory.
https://www.fordfoundation.org/work/investing-in-individuals/international-fellowships-program/
https://www.iie.org/Programs/Ford-IFP-Legacy

FINDUDDANNELSE.DK
Finduddannelse.dk is a Danish platform for lifelong learning. It offers a scholarship to help cover tuition fees that will be awarded for the fall/autumn semester of 2021 (the application deadline is 12 April 2021) and is open to people from anywhere in the world who want to study a master's program that is helping to make the world more sustainable
https://www.finduddannelse.dk/scholarship/finduddannelsedk-sustainability-scholarship-17947

ISLAMIC DEVELOPMENT BANK
The IsDB Scholarship Programm assist IsDB member countries and Muslim communities in non-member countries in the development of their human capitals
https://www.isdb.org/scholarships

PORTALS & DATABASES
https://www.iefa.org/
https://www.internationalscholarships.com/
https://www.scholars4dev.com/
https://www.wemakescholars.com/