Deciding to go back to school is a big decision. Figuring out how to pay for it doesn't have to be. College based financial aid, scholarships and government loans may make pursuing your degree easier and are outlined on this site.  You may also contact the Graduate Programs Office directly for more information

Full-time students should budget approximately $28,000 per academic year.  This includes tuition, books, health insurance and living expenses for an individual student.

Fellowships/Scholarships
Application Deadline December 15
Full and partial scholarships are available for students.   Awards, which are made by the university, include a monthly stipend and tuition remission. No duties are required of the recipient. Awards, which are made by the university, include a monthly stipend and tuition remission. No duties are required of the recipient. Awards are based on superior performance as an undergraduate and graduate student.

One or two fellowships are available each year on a competitive basis for doctoral students who have finished their course work and are currently working on their dissertation. Fellowships include up to nine credit hours of scholarship each semester and an annual stipend.

Awards are based on superior performance as an undergraduate and graduate student.   Students do not need to file family financial data to be eligible for scholarship aid.

Teaching Assistantships 
Application Deadline January 15
Teaching assistants play an important instructional role in the College by assisting full-time faculty members in conducting undergraduate courses in the areas of accounting, economics, finance, management and marketing. The expected workload for teaching assistants is 20 hours per week. Ordinarily, compensation for new teaching assistants is approximately $13,500, less applicable taxes for 9 months plus tuition waiver for nine credit hours of course work each semester.

There are twenty-four teaching assistantships in the College of Business and Economics. Candidates interested in being considered for a TA position should be: well-qualified academically to assist and teach the particular undergraduate course; personable and interested in working with undergraduate students; and highly motivated to perform at a professional level. Experience as a teaching assistant is especially recommended for those planning a career in teaching or research.

Teaching assistants are chosen in a highly competitive process. Qualifications considered include undergraduate academic record, GMAT or GRE scores and work experience. A personal interview with the supervising professor is required in virtually all cases.

International students interested in applying for college-awarded financial aid will be required to pass a Lehigh University SPEAK test upon arrival at Lehigh with a score of at least 230. The College will use the new internet-based TOEFL (iBT) as a screening tool for the awarding of financial aid to international students. In order to be considered, you must achieve a speaking section score of 28 and a listening section score of 20. All awards are contingent upon passing the Lehigh SPEAK test. Information on the Lehigh University SPEAK test may be found at www.lehigh.edu/~inesl.

Graduate Assistantships
Application Deadline January 15
Ordinarily, Graduate Assistants that support courses in the College of Business and Economics receive a stipend of $11,000 less applicable taxes for nine months. Tuition waiver for nine credits per semester is also part of the package.  The expected work load is approximately 20 hours per week.

International students interested in applying for college-awarded financial aid will be required to pass a Lehigh University SPEAK test upon arrival at Lehigh with a score of at least 230. The College will use the new internet-based TOEFL (iBT) as a screening tool for the awarding of financial aid to international students. In order to be considered, you must achieve a speaking section score of 28 and a listening section score of 20. All awards are contingent upon passing the Lehigh SPEAK test. Information on the Lehigh University SPEAK test may be found at www.lehigh.edu/~inesl.

Loans and Work Study Awards
Students may apply for federally-funded Stafford and Federal Work-Study through the Office of Financial Aid at 218 W. Packer Avenue , Bethlehem PA. These funds are awarded on the basis of demonstrated need using the Free Application for Federal Student Aid (FAFSA), the university application, and a copy of a student's most recent IRS 1040 and W-2's. The Office of Financial Aid is also required to obtain information on all previous federal student loan borrowing from any other college(s) attended, as well as an indication that there is no prior default or refund due the government for overpayment of federal aid. Lehigh depends upon the information displayed on the Student Aid Report (SAR), obtained from the National Student Loan Data System (NSLDS) filing the FAFSA. Funds cannot be disbursed without a SAR (and the NSLDS information). This is a federal requirement. Students who are not able to demonstrate "need" may borrow from the Federal Unsubsidized Loan Program. Because the Stafford loans are financed through commercial lenders, their availability is virtually assured if students qualify. Keep in mind that if you borrowed from the Stafford Loan fund as an undergraduate, you must use the same lender for your graduate Stafford loans. There is only limited availability of Federal Perkins Loans and Work-Study.

Literature on federal student aid programs is available through the financial aid office. Details about the Federal Stafford Loan (with and without subsidy) are also available at participating lenders. Please see the Office of Financial Aid website for a list of preferred lenders and applications for Federal Stafford Loans, as well as a listing of commercial educational loans together with current interest rates, terms and conditions of repayment.

 

   

College of Business and Economics
Lehigh University • 621 Taylor Street, Rauch Business Center, Bethlehem, PA 18015 • (610) 758-3400