- 1). Ask about available financial aid options at each school that interests you. Talk to professionals in the financial aid office and inquire about paying for your MBA degree.
- 2). Get your finances in order. Trim any excess costs that you can to save money and begin preparing to live on less money than you are making at your current job; save the extra money into an emergency fund to provide you a financial cushion once you begin school. Ensure that your credit score is as high as possible. Remember that it is one of the factors that lenders will use to judge your application if you need to apply for student loans.
- 3). Search for scholarships. Note that scholarships for graduate business schools are not common, but in certain situations they may be an option. You may be able to find one, for instance, if you work for the government or a nonprofit organization. Look for private scholarships also.
- 4). Convince your company to sponsor more than their standard reimbursement program. Build a case for how your degree will benefit the company, and make an argument that they will see a return on their investment. Assure the company that you are dedicated to your career with them and intend to stick with them for the long run.
- 5). Take out student loans if necessary. Use federal loan programs, which have fixed interest rates. Speak with private lenders once you have exhausted federal aid programs.
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