We understand that the financial commitment of the altMBA can be a hurdle to joining us, so we have a few options we hope are helpful.
We are also happy to jump on a call for additional support.
1. Employer Sponsorship
Companies big and small are seeing the impact of offering altMBA to their leaders. Individual development and growth make the entire organization stronger and provide a great way to support and incentivize employees.
Many of our students are able to gain buy-in from their managers to join the altMBA with their company's financial support.
We've found our digital brochure and stat sheet helpful in communicating to managers why the altMBA is a worthwhile investment.
2. Partner with Affirm
If a student is based in the USA, we’ve found a partner that’s interested in helping students pay for their altMBA tuition over time.
Affirm is a payment service that will allow students to pay tuition over 3, 6, or 12 months.
It’s important to know that terms and conditions will be decided by Affirm.
3. altMBA Scholarships
For some students, employer sponsorship is not an option, so we have created some scholarship options.
A. Alumni referral scholarship
If you are referred by an altMBA alumni*, you are eligible to receive this scholarship.
Be sure to add your referrer's full name to the, "Were you referred by an altMBA alumni?" in the altMBA application.
If this scholarship applies to you and you are accepted into the workshop, you will receive a scholarship of $600 USD which reduces your tuition rate to $3850 USD.
Important: Starting March 1st, 2023, the alumni referral rate will increase from $3,850 to $4,450. Apply by the Regular Decision Deadline on Tuesday, February 28th, 2023, to qualify for the original $3,850 alumni referral rate.
* If you do not have an altMBA alumni connection, we recommend reaching out to the alumni community via LinkedIn. Click the Alumni tab. Here you can view and search through thousands of alumni who have listed the altMBA as part of their education. You’ll find many are open and willing to connect.
B. Leaders of the World Scholarship
We recognize there may be factors that impact the ability of leaders to join the workshop. This might be due to conversion rates to USD, employment status, or other financial limitations.
We’ve created this scholarship to help those who would not have access to the altMBA without financial support, and who have shown a history of leadership, setting important goals, prioritizing social impact, and dismantling systems of oppression.
This scholarship applies to both non-profit and for-profit work.
It's important to know this scholarship option is limited to only a few seats per session.
To apply for this scholarship, there are 2 steps.
- Submit the regular application. In question 3 of the regular application, please let us know you’d like to be vetted for the Leaders of the World Scholarship and why the altMBA is critical to your journey.
- If we feel you’d be a strong fit for the workshop, we will then follow up with additional questions and an invitation to a 1:1 call.
* If you are part of a non-profit please be sure to answer “Yes”, to the, “Are you a full-time leader of a nonprofit?” and complete all questions.
If awarded, scholarship tuition is $2000 USD.
Important: Scholarship recipients are not eligible to defer or withdraw. Because scholarship seats are limited, it’s important to be committed and ready to leap in.
4. Apply Early
For applicants who apply by the First Priority deadline of any given session, we only require a non-refundable deposit of $500 to secure a spot in the workshop. The remainder is due at a later date. This essentially gives students the ability to divide payments over a period of time.