Making a Cranfield full-time MBA more affordable

Investing in a full-time MBA is a significant commitment, but at Cranfield School of Management, it’s more affordable than you might think. We offer a variety of scholarships and financial aid options to help make your MBA journey more accessible. By applying early in the recruitment cycle, you increase your chances of securing one of our coveted scholarships, which can significantly reduce your tuition costs.

We are offering partial scholarships covering up to 50% of tuition fees in exceptional circumstances for the most inspiring candidates. Our scholarships are designed to support students from diverse backgrounds who demonstrate leadership potential and a commitment to transforming the future of management. Some of our scholarships are funded by our generous MBA alumni, who are passionate about helping the next generation of leaders.

Ready to learn more?

Our MBA team is here to guide you through the scholarship application process. They can advise you on the scholarships available, the criteria for each, and how best to position your application for success. We encourage you to reach out to our friendly team to explore your options and how to secure the financial support you need.

Contact our friendly MBA team today to discover how you can fund your MBA and make this transformative experience a reality.

Scholarships

Inspiring Excellence

Candidates with less than 5 years of work experience, with a combination of either:

  • Proven leadership experience
  • Exceptional academic performance
  • Experience in cutting-edge industries and organisations.

Transformational Leadership

Candidates whose skills and career experiences align with Cranfield’s core skills and values, such as:


Cranfield Alumni-Sponsored

This list varies each year, depending on the scholarships kindly donated or sponsored by our network of alumni:

Diverse Futures

Candidates who could meet any of the following criteria:

  • Women in leadership (women in, or aspiring to, senior leadership positions)
  • Those looking to make an impact in society, or those already making an impact
  • Regional diversity*
  • Any other characteristic which may bring value and a new perspective to the cohort, wider society, and business (including but not limited to members of the LGBTQ+ community, those with STEM or non-typical industry experience, professional athletes, those with disabilities, those with refugee status, or other minority groups)

*We have many regional funding opportunities including Central and South America, North America, Australasia, Europe, Asia and Africa


Scholarships for existing Alumni

Candidates who have already completed a programme or are current students at Cranfield University. Learn more.


Partnership / Government-led Scholarships

This range of scholarships may include scholarships for different industries and vocations (such as STEM), or government-sponsored agreements, such as Colfuturo, FUNED and FIDERH.


To discuss scholarship opportunities, including eligibility criteria, current availability and find out more about the different options, book a consultation with one our friendly advisors today.

Discuss scholarship opportunities

Read our scholarship terms and conditions


Loans

The below financing options are specifically designed to support the funding of an MBA – some are industry-wide, whereas others are underwritten by Cranfield University. This list is not exhaustive; other funding sources may be available elsewhere, and Cranfield does not specifically endorse or recommend any particular product. The information below has been provided by the relevant funding provider, and you should always check the latest terms on the relevant provider’s website.

Prodigy Finance Loan Programme*

  • No co-signer, collateral or guarantor required
  • 150 nationalities eligible
  • For current and incoming international students
  • Min loan $10,001 / Max loan dependent on the cost of attendance

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.

Apply via Prodigy Finance


StepEx Future Earnings Agreement*

  • Available to UK and EU students
  • Up to £20,000 available
  • Repay after you graduate, once earning above
    minimum threshold (currently £25,000*)

StepEx Future Earnings Agreement (FEA) provides the ability to pay for a qualification with a share of a student’s future earnings. Instead of paying the full fee upfront, participants can instead pay a fixed share of their earnings for 36 or 60 months after they graduate. The amount repaid is; variable based on earnings, capped, is for a finite period of time and likely to be suitable even for those who are unable to secure traditional financing.

Find out more

Lendwise Postgraduate Student Loan*

  • Available to UK-domiciled students
  • Up to £100,000 available
  • No repayments during full-time study

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.

Apply via Lendwise


Postgraduate Master’s Loan*

  • Available to UK / Irish nationalities or those with
    settled status under the EU Settlement Scheme.
  • Approximately £12,000* but subject to government
    updates. Please check www.gov.uk for most
    up-to-date figures.
  • Repay 6% of everything earned above £21,000

The UK Government offers Postgraduate Master’s Loans to help with course fees and living costs while you study. Postgraduate Loans have to be paid back. If you have a disability, including a mental health condition or specific learning difficulty, you might be able to get Disabled Students’ Allowances (DSAs) which do not require repayment.

Find out more



Information accurate as of 6 September 2024. *All finance examples and terms are subject to change, please contact the individual lenders for the most up-to-date figures.