Scholarships and Aid

Undergraduate Scholarships

Illinois Tech has several of its own competitive scholarship programs that are open to both undergraduate students. All domestic undergraduate first-year and transfer students are automatically considered for scholarships that cover a generous portion of expenses such as tuition.

Graduate Scholarships

The following scholarships for Stuart School of Business graduate programs are awarded upon admission to Illinois Tech. Applicants are automatically considered for the scholarships for which they are eligible, unless otherwise stated. Students applying for reinstatement are not eligible for reconsideration of any of the awards listed below.

Students currently receiving the India Online program tuition discount or the Beacon Education program tuition discount, or who are enrolled in a program through Coursera, are not eligible for the following awards. Awards are also not stackable with other awards, unless noted in the description below.

All tuition and fees are subject to revision by Illinois Tech’s Board of Trustees. Please note: If you receive full or partial sponsor financial funding, the scholarship will be removed. Prior to the Fall 2022 term, this award could only be used to cover tuition charges from the Stuart School of Business.

Chicago Talent Pipeline Scholarship

The Chicago Talent Pipeline Scholarship is a partial-tuition scholarship for master’s-level study at Stuart School of Business. The scholarship is awarded to domestic Chicago-area students seeking a master of science degree in finance, financial economics, management science and analytics, marketing analytics, project management, or sustainability analytics and management, or a Master of Management degree. Eligible students must seek to advance their career in the Chicago-area market. The scholarship is capped at $14,000 per degree and is spread evenly across the courses needed for the degree. This award is deferrable up to one year. Students seeking joint Stuart degrees are only eligible for one Stuart scholarship.

Chicago Innovation Scholarship

The Chicago Innovation Scholarship is awarded to students enrolled in the Master of Business Administration (M.B.A.), M.B.A. Business Analytics, M.B.A. Quantitative Finance, Master of Technological Entrepreneurship, and Master of Science in Technological Entrepreneurship programs. The scholarship is capped at $14,000 per degree and is spread evenly across the courses needed for the degree. This award is deferrable up to one year. Students seeking joint Stuart School of Business degrees are only eligible for one Stuart scholarship.

Stuart Doctoral Scholarship

The Stuart Doctoral Scholarship is available for select students pursuing a Ph.D. in Management Science and Analytics. Scholarship values vary; the maximum award is $425 per credit hour, with a maximum of 60 credit hours of coverage. The Doctoral Scholarship can only be applied toward Stuart tuition charges. This award is deferrable up to one year. Students seeking joint Stuart degrees are only eligible for one Stuart scholarship.

Stuart School of Business Dean’s Scholarship

The Stuart School of Business Dean’s Scholarship is available for international students pursuing a master’s degree at Stuart, with the exception of students seeking the Master of Public Administration, Master of Business Administration (M.B.A.), M.B.A. Business Analytics, M.B.A. Quantitative Finance, Master of Technological Entrepreneurship, or M.S. in Technological Entrepreneurship degree. The maximum award is $14,000 over the course of one master’s degree. Students can use this scholarship for a maximum of four semesters. Scholarship values vary; the maximum award is $3,500 per semester. This award is prorated based on enrollment, so students will not be able to use their standard semester value if they enroll in fewer than nine credit hours. This award is deferrable up to one year. Students seeking joint Stuart degrees are only eligible for one Stuart scholarship.

Stuart School of Business M.P.A. Scholarship

The Stuart School of Business M.P.A. Scholarship is available to students pursuing a Master of Public Administration (M.P.A.) or M.P.A. in Analytics degree. This is a 35 percent tuition scholarship, with a maximum award in academic year 2023-24 of $5,393 per semester (for nine credit hours) and $19,734 over the course of one master’s degree. Students can use this scholarship for a maximum of six semesters. This award is prorated based on enrollment, so students will not be able to use their standard semester value if they enroll in fewer than nine credit hours for the semester. This award is deferrable up to one year. Students seeking joint Stuart degrees are only eligible for one Stuart scholarship.