Funding opportunities

Our students finance their MBA through a variety of different means. You may wish to find out whether you would qualify for a Prodigy Finance Loan or a Cranfield MBA scholarship.

Alumni discount

We are immensely proud of our network of 67,000+ alumni, and we are committed to ensuring that our relationship is both rewarding and lifelong.

We are pleased to offer an exclusive 20% discount on all School of Management programmes including our short courses, for all Cranfield University Alumni who would like to return to study here.

Find out more


Loans

Prodigy Finance Loan Programme

Once you have a firm offer of a place to study on the Cranfield MBA, you are eligible to apply for the Prodigy Finance Loan Programme, which offers an innovative way of helping you finance your studies. Founded by three MBA alumni, Prodigy Finance provides funding for students through contributions sourced from the university, alumni and friends of the school.

At this time, only full-time MBA students are eligible to apply for a Prodigy Finance loan and access to funds is dependent on the level of funds available. The loan amount is capped at £25,000 (plus life cover) and can only be used for tuition and living expenses.

Apply directly through Prodigy's online platform 

Prodigy Finance Ltd:

Palladium House
1-4 Argyll Street
London
W1F 7LD
United Kingdom

Company Number 5912562
License number 612713/1

For further information please refer to the frequently asked questions section of the Prodigy Finance website.

Lendwise Postgraduate Student Loan

UK-domiciled students with an offer to study for any course the School of Management (full-time and part-time basis) are eligible to apply to Lendwise for a student loan.

Through its innovative online platform, Lendwise offers fair, sensible and student-friendly loans at competitive rates. Lendwise offers personalised loans that take into account your specific profile including future earnings potential when assessing your credit worthiness.

Eligible students can borrow up to £100,000 over 10 years with no co-signor or guarantor needed. For full-time students there are no repayments while you study and up to 6-months further grace after you graduate (subject to approval). Interest rates are fixed for the term of your loan and there are no penalties for early repayment of your loan.

Apply at lendwise.com for a quick reply to your application.

Lendwise address:

Swan House
33 Queen Street
London
EC4R 1BR
United Kingdom

Company Number 10466048
FCA Reference number 782496

For answers to frequently asked questions, visit the help section of Lendwise’s website.

Scholarships

Cranfield School of Management offers a variety of scholarships, some of which are sponsored, as detailed below. If you wish to be considered for one of these, please indicate this in your application form.

British and European Leadership Scholarship

About the scholarship:  The Cranfield MBA is a life-changing, unique experience for inquisitive future leaders who want to challenge themselves. This scholarship was set up to recognise the leadership potential of our most talented candidates.

Eligibility criteria:

  • You are a talented candidate who can demonstrate exceptional leadership qualities and potential.
  • You have a minimum of six years’ experience with evidence of strong career progression.
  • You can demonstrate outstanding professional and personal achievements.
  • You have exceptional interpersonal skills.
  • You are a self-funded British or European candidate.

Number of awards available: Five.

Value: Up to £19,500 towards the tuition fees (up to 50%).

Cranfield Australian Alumni Scholarship

Cranfield School of Management, in partnership with the Cranfield Australian Alumni Scholarship Foundation (CAASF), offer the Cranfield Australian Alumni Scholarship for an outstanding candidate of Australian origin. Funded jointly by Cranfield alumni in Australia and Cranfield School of Management in the UK, the scholarship was established in 2005 to give talented Australians the opportunity to benefit from a world-class business education at Cranfield School of Management.

The scholarship is the only scholarship in Australia that is focused on identifying future leaders and entrepreneurs by providing them with a unique opportunity to accelerate their professional, personal and leadership development by undertaking a one-year Full-time MBA course.

Value: £39,000 (full tuition fees).

Number of awards: 1

Scholarship details: To be eligible to apply for the scholarship, you must:

  • be an Australian citizen and resident in Australia during the application period
  • be passionate about Australia and want to contribute to the country
  • be accepted for the Full-time MBA course through the normal application process

To apply for the scholarship, candidates must first have been offered a place on the Cranfield MBA programme. For entry onto the MBA course, candidates will need to take the GMAT exam or the Cranfield Admission Tests. The Cranfield Admission tests will be held in Sydney, and Melbourne in February please contact us for further information and if you would like to sit the tests.

All candidates will need to submit their MBA application via the Cranfield MBA website. The deadline for these applications is 31 May 2021

For more information please visit: www.cranfieldalumni.org.au

Women Leaders Scholarship (in association with the 30% Club)

About the Scholarship: Cranfield School of Management is proud to partner with the 30% Club, an organisation that campaigns for gender balance on boards and in senior management. Cranfield School of Management has a long history of championing diverse boardrooms and senior management teams, and runs well known initiatives such as the Female FTSE Board Report and the 100 Women to Watch list. 

Eligibility criteria: 

  • You show exceptional leadership qualities and potential. 
  • You have a minimum of six years’ experience with evidence of strong career progression.  
  • You can demonstrate outstanding professional and personal achievements. 
  • You have exceptional interpersonal skills. 

Number of awards: One. 

Value: £19,500 towards the tuition fees (50%). 

Central and South America Scholarships

About the scholarship: The Cranfield MBA is made up of a very diverse cohort, with students from all over the world. We celebrate diversity at Cranfield, and this scholarship has been set up to help students from Central and South America.  

Eligibility criteria:

  • You show evidence of academic success and strong career progression.
  • You can demonstrate outstanding professional and personal achievements.
  • You have exceptional interpersonal skills.
  • You are a self-funded candidate and a citizen of one of the following countries: Argentina, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, Guatemala, Guyana, Honduras, Mexico, Panama, Paraguay, Peru, Suriname, Uruguay, and Venezuela.

Number of awards: Two.

Value: £10,000 towards the tuition fees (25%).

Find out more

Cranfield New Zealand Alumni Scholarship

New Zealanders have a proud tradition of success at Cranfield, and in recent years New Zealanders on the course have taken academic honours and leadership awards.

Cranfield School of Management has also been key in energising the careers of a growing global community of New Zealand alumni and building on this, the School, together with their New Zealand alumni, are excited to offer the Cranfield New Zealand Alumni Scholarship for outstanding New Zealand MBA candidates.

Value: The scholarship covers full tuition fees for the full-time MBA course (£39,000). The NZ-UK Link Foundation will pay for the airfare from New Zealand to the UK.

Number of awards: One full-fee scholarship is awarded, with potential for partial bursaries towards tuition fees for other outstanding candidates. In recent years we have had up to seven New Zealanders studying the MBA in one single cohort.

Scholarship details and requirements:

Who can apply? The scholarship is open to anyone of New Zealand origin (New Zealand citizens or permanent residents) anywhere in the world.

How do I apply? There is a parallel application process – application for entry into the MBA course and application for the scholarship. For application onto the MBA, candidates will need to take GMAT or the Cranfield Admission Tests. Candidates intending to, or who have already taken GMAT, will need to submit their MBA application via the Cranfield MBA website by 31 May 2021.

All applicants for the scholarship will need to submit a separate application by the same deadline.

For the scholarship:

Complete and submit the scholarship application form

Successful applicants will be short-listed and interviewed by a panel including a Cranfield alumnus and a representative of the NZ-UK Link Foundation

Interviews will take place in June 2021. Interviews may be arranged in London for UK-based candidates; other venues or telephone/Skype interviews may also be arranged, although face-to-face contact is strongly preferred.

A decision will be made shortly after the interviews have taken place.

To be eligible for the scholarship, candidates must first have been offered a place on the Cranfield MBA.

Where can I find further information? Further information about the scholarship application process is available from Ivor Smith, in New Zealand on +64 (0) 21 895 617 or at ivorsmith@me.com and David Thompson, MBA 1969, in the UK on +44 (0) 1296 682384 orat dct@dct.eclipse.co.uk.


Leo Murray Entrepreneurship Scholarship

About the scholarship: Entrepreneurship is celebrated at Cranfield School of Management and we are proud of the number of incredibly successful entrepreneurs who are Cranfield MBA alumni. We have a thriving entrepreneurial community, which includes some very well-known names, not least two dragons (from Dragons’ Den!). This scholarship was set up to recognise our future potential entrepreneurial stars who have an ambition to realise their business idea either during, or following, the MBA. This scholarship was also set up in honour of Professor Leo Murray who retired as Director of the School of Management in 2003.

Eligibility criteria:

  • You demonstrate both individual strengths and an entrepreneurial spirit.
  • You have a clear ambition to set up your own business during, or following, the MBA.
  • You have achieved significant academic and career success to date.
  • You have potential to be a future entrepreneurial star.

Number of awards: One.

Value: Up to £14,000 towards the tuition fees (up to 36%).

Find out more

Relithan (Technology) Scholarship

The Relithan Scholarship will be awarded to outstanding individuals who will use their Cranfield experience to pursue a productive executive role in a business which creates value in the development and delivery of technology.

Preference will be given to individuals whose career track record reflects the highest standards of responsible and ethical business practice and suggests that their future career intentions will lead to demonstrably enhancing the lives of others.

Award: £10,000

Number of awards: 2

Eligibility: The Scholarship recipient will be selected on the basis of merit, and financial need and the award will be made to an individual who would not be able to attend Cranfield without financial assistance. This scholarship will be awarded by the Director of the MBA programme in consultation with the MBA admissions team, in line with the School’s standard admissions practices and procedures. 

*The University reserves the right to transmute the scholarship into a loan if recipients go on to pursue a career outside the technology sector.




Simon Rowlands MBA 1986 Scholarship Fund

The Simon Rowlands MBA Scholarship is for two successful MBA candidates from the UK and EU who want to pursue a full-time MBA at Cranfield School of Management.

Award: £11,000 towards the tuition fees

Number of awards: 2 


The Andrew Darfoor Scholarship

Thanks to the generosity of alumnus Andrew Darfoor (Executive MBA 2005), Cranfield School of Management is delighted to offer this new Scholarship.

Value

£10,000

Number available

One

Eligibility criteria

The Scholarship will be awarded to a deserving applicant from Sub-Saharan Africa for the Full-Time MBA Programme at Cranfield School of Management.

Scholarship recipients will be selected by the MBA Programme Director and MBA Admissions Team. Decisions will be made on the basis of academic merit and financial need.

No additional application is required; we will use the information you supply in your MBA application form to determine your eligibility

The Worshipful Company of Farmers Scholarship

Cranfield School of Management in conjunction with the The Worshipful Company of Farmers, is offering a suitably qualified British farmer, or someone closely associated with farming, the opportunity to study for the Cranfield MBA.

Value: up to £39,000

Number of awards: 1

Scholarship details: Scholarship interviews will be held with the Worshipful Company of Farmers Education Committee and the awards will be granted to candidates who can demonstrate not only that they will benefit from studying at Cranfield, but also the leadership qualities that will enable them to act in the vanguard of management change in the UK agricultural industry.

The selection criteria for the scholarships will be based on both:

Strength of the application: an applicant's achievements, academic credentials, professional track record and personal merit.

Interview: an assessment of the applicant's communication and interpersonal skills, leadership and/or entrepreneurial potential as well as the candidate's likely contribution to the professional and cultural make-up of the cohort.

The Spotcap Fintech Fellowship

The Spotcap Fintech Fellowship is worth £8,000 for UK students pursuing a postgraduate degree in study related to financial technology.

Sino-British Leadership Scholarship

The Sino-British Leadership Scholarship is awarded annually to a student above 33 years of age, either British or Chinese, who has demonstrative leadership potential for doing business between or in either Britain or China. This scholarship is also open to a British student with interest or connections in China/FE or to a Chinese person with a connection and/or an interest in Britain.

Award: up to £10,000 towards the tuition fees

Number of awards: 1 

Applicants who are awarded a scholarship will be notified at the time of the admissions decision. Students granted this scholarship are expected to help promote Cranfield in their country.




Inspiring Leadership Scholarship

About the scholarship: The Cranfield MBA is a life-changing, unique experience for inquisitive future leaders who want to challenge themselves. This scholarship was set up to recognise future leaders who will go on to inspire others. 

Eligibility criteria:

  • You are a talented candidate who demonstrates exceptional leadership qualities and potential.
  • You have a minimum of five years’ experience with evidence of strong career progression.
  • You can demonstrate outstanding professional and personal achievements.
  • You have exceptional interpersonal skills and a track record of inspiring others.

Number of awards: Two.

Value: Up to £19,500 towards the tuition fees (up to 50%).

Women in STEM Scholarship

About the scholarship: This scholarship seeks to recognise women who have made strides in the fields of science, technology, engineering, or mathematics. Cranfield School of Management is a strong advocate for equal opportunities for leadership at all levels in professional life, and for better equality on boards.

Eligibility criteria:

  • You are an exceptional candidate with senior management potential.
  • You have a minimum of five years’ experience in science, technology, engineering, or mathematics (STEM).
  • You can demonstrate the impact you have made within STEM.

Number of awards: One.

Value: Up to £14,000 towards the tuition fees (up to 36%).

Inspiring Women Scholarship

About the scholarship: The Cranfield MBA is a life-changing, unique experience for inquisitive future leaders who want to challenge themselves. This scholarship was set up to recognise female leaders who will go on to inspire others. Cranfield School of Management has a long history of championing diverse boardrooms and senior management teams, and runs well known initiatives such as the Female FTSE Board Report and the 100 Women to Watch list.

Eligibility criteria:

  • You demonstrate inspirational leadership qualities and potential.
  • You have a minimum of five years’ experience with evidence of strong career progression.
  • You can show how you have inspired others and the impact that this has consequently had.
  • You have exceptional interpersonal skills.

Number of awards: One.

Value: Up to £14,000 towards the tuition fees (up to 36%).

Academic Excellence Scholarship

About the scholarship: This scholarship was set up to recognise the academic achievements of our most capable candidates. The Cranfield MBA is highly competitive, and we look for a range of attributes in our candidates. We value a strong range of experiences and this scholarship will be awarded to our most academically gifted candidates.

Eligibility criteria:

  • You have achieved outstanding academic success and achievements.
  • You have a minimum GMAT of 700 when you submit your application.
  • You have strong career ambitions following your MBA.

Number of awards: Two.

Value: Up to £19,500 towards the tuition fees (up to 50%).

Professional Distinction Scholarship

About the scholarship: This scholarship was set up to recognise the professional achievements of our most accomplished candidates. The Cranfield MBA is highly competitive, and we look for a range of attributes in our candidates. We value a strong range of experiences and this scholarship will be awarded to our most illustrious candidates.

Eligibility criteria:

  • You have achieved outstanding professional success and achievements.
  • You have a minimum of eight years’ experience with evidence of strong career progression in a multinational company.
  • You are in a senior management position with an excellent track record.

Number of awards: Two.

Value: Up to £19,500 towards the tuition fees (up to 50%).

Inspiring Diversity Scholarship

About the scholarship: Cranfield School of Management is a strong advocate for equal opportunities for leadership at all levels in professional life. The Cranfield MBA champions diversity, and believes that different backgrounds and experiences bring different perspectives, and add value and richness to the classroom experience. This scholarship has been set up to recognise candidates who also champion diversity.

Eligibility criteria:

  • You champion diversity and lead by example.
  • You demonstrate exceptional leadership qualities and potential.

Number of awards: Two.

Value: £10,000 towards the tuition fees (25%).

Professional Athlete Scholarship

About the scholarship: There are many leadership lessons that can be learnt from the world of sport, with experience at a professional level applicable to the business world. Athletes demonstrate leadership, dedication and focus, qualities which we believe make an invaluable contribution to our MBA cohort. This scholarship was set up to recognise the strong link between athletes and business, and to help candidates make the step from sport into achieving business dreams.

Eligibility criteria:

  • You are, or have been, a professional or semi-professional athlete.
  • You demonstrate inspirational leadership qualities and potential.
  • You show both individual strengths and excellent team working ability.
  • You have achieved outstanding professional and personal achievements.

Number of awards: Two.

Value: Up to £18,000 towards the tuition fees (up to 46%).

Exceptional Student Scholarship

About the scholarship: The Cranfield MBA is a life-changing, unique experience for inquisitive future leaders who want to challenge themselves. This scholarship is our most competitive scholarship and was set up to recognise our most promising candidate.

Eligibility criteria:

  • You demonstrate inspirational leadership qualities and potential.
  • You show both individual strengths and excellent team working ability.
  • You have already achieved a GMAT over 730 at the date of your application submission.
  • You show evidence of academic success and strong career progression.
  • You can demonstrate outstanding professional and personal achievements.
  • You have exceptional interpersonal skills.

Number of awards: One.

Value: £39,000 towards the tuition fees (100%).

Regional USA Scholarship

About the scholarship: The Cranfield MBA is made up of a very diverse cohort, with students from all over the world. We celebrate diversity at Cranfield, and this scholarship has been set up to help students from the United States of America. 

Eligibility criteria:

  • You have already achieved a GMAT over 650 at the date of your application submission.
  • You show evidence of academic success and strong career progression.
  • You can demonstrate outstanding professional and personal achievements.
  • You have exceptional interpersonal skills.
  • You are a self-funded candidate and a citizen of the United States of America.

Number of awards: One.

Value: £10,000 towards the tuition fees (25%).

Regional India Scholarship

About the scholarship: The Cranfield MBA is made up of a very diverse cohort, with students from all over the world. We celebrate diversity at Cranfield, and this scholarship has been set up to help students from India. 

Eligibility criteria:

  • You have already achieved a GMAT over 650 at the date of your application submission.
  • You show evidence of academic success and strong career progression.
  • You can demonstrate outstanding professional and personal achievements.
  • You have exceptional interpersonal skills.
  • You are a self-funded candidate and a citizen of India.

Number of awards: One.

Value: £10,000 towards the tuition fees (25%).

Regional China Scholarship

About the scholarship: The Cranfield MBA is made up of a very diverse cohort, with students from all over the world. We celebrate diversity at Cranfield, and this scholarship has been set up to help students from China. 

Eligibility criteria:

  • You have already achieved a GMAT over 650 at the date of your application submission.
  • You show evidence of academic success and strong career progression.
  • You can demonstrate outstanding professional and personal achievements.
  • You have exceptional interpersonal skills.
  • You are a self-funded candidate and a citizen of China.

Number of awards: One.

Value: £10,000 towards the tuition fees (25%).

Regional Canada Scholarship

About the scholarship: The Cranfield MBA is made up of a very diverse cohort, with students from all over the world. We celebrate diversity at Cranfield, and this scholarship has been set up to help students from Canada. 

Eligibility criteria:

  • You have already achieved a GMAT over 650 at the date of your application submission.
  • You show evidence of academic success and strong career progression.
  • You can demonstrate outstanding professional and personal achievements.
  • You have exceptional interpersonal skills.
  • You are a self-funded candidate and a citizen of Canada.

Number of awards: One.

Value: £10,000 towards the tuition fees (25%).

Regional Russia Scholarship

About the scholarship: The Cranfield MBA is made up of a very diverse cohort, with students from all over the world. We celebrate diversity at Cranfield, and this scholarship has been set up to help students from Russia. 

Eligibility criteria:

  • You have already achieved a GMAT over 650 at the date of your application submission.
  • You show evidence of academic success and strong career progression.
  • You can demonstrate outstanding professional and personal achievements.
  • You have exceptional interpersonal skills.
  • You are a self-funded candidate and a citizen of Russia.

Number of awards: One.

Value: £10,000 towards the tuition fees (25%).

Regional MENAT Scholarship

About the scholarship: The Cranfield MBA is made up of a very diverse cohort, with students from all over the world. We celebrate diversity at Cranfield, and this scholarship has been set up to help students from MENAT. 

Eligibility criteria:

  • You have already achieved a GMAT over 650 at the date of your application submission.
  • You show evidence of academic success and strong career progression.
  • You can demonstrate outstanding professional and personal achievements.
  • You have exceptional interpersonal skills.
  • You are a self-funded candidate and a citizen from the MENAT region (Middle East, North Africa and Turkey).

Number of awards: One.

Value: £10,000 towards the tuition fees (25%).