University of Chicago Booth School of Business increases scholarship support for military veterans

Ethan Grove
Associate Director of CommunicationsUniversity of Chicago Booth School of Business

The University of Chicago Booth School of Business has increased its scholarship support for U.S. military veterans who qualify for the U.S. Department of Veterans Affairs Yellow Ribbon program.

Beginning this September, Yellow Ribbon awards will be available to all veterans at Chicago Booth who qualify under Veterans Administration guidelines; previously, Chicago Booth gave only nine awards each year.

The Yellow Ribbon Program is a supplement to the Post-9/11 Veterans Educational Assistance Act of 2008. Beginning in the 2011-2012 academic year, Chicago Booth will offer $10,000 per year in Yellow Ribbon scholarship support to all veterans who qualify, with the VA providing up to $10,000 in additional funding. The Yellow Ribbon awards are in addition to other VA funding available to veterans.

“We are expanding our participation in the Yellow Ribbon program to accommodate the increased demand from military veterans to enroll in our MBA program,” said Kurt Ahlm, associate dean for student recruitment and admissions for Chicago Booth’s full-time MBA program. “We are delighted to offer this additional support to veterans because they bring a unique depth and maturity to the MBA experience, enriching Chicago Booth and their classmates,” he said. 

To qualify for the additional scholarship support, veterans must be enrolled at Chicago Booth’s Charles M. Harper Center campus and have served an aggregate period of active duty after Sept. 10, 2001, of at least 36 months. Veterans also qualify if they were honorably discharged from active duty for a service connected disability and served 30 continuous days after Sept. 10, 2001, or are a dependent eligible for Transfer of Entitlement under the Post-9/11 GI Bill based on a veteran’s service under the eligibility criteria.

Chicago Booth has an armed forces group consisting of students who have served or are currently serving in the armed forces of their respective countries. The student-led group prepares members for the recruiting process through career coaching, resume workshops and interview preparation. The group also helps prospective military candidates with the Chicago Booth application process, and it helps build a strong professional network of alumni with previous military experience in order to expand career opportunities.

The University of Chicago Booth School of Business offers a full-time MBA program, an evening MBA program, a weekend MBA program and an executive MBA program in Chicago, London and Singapore. The school also offers open enrollment executive education and custom corporate education.