More U.S. military veterans will receive scholarship support at the University of Chicago Booth School of Business beginning next year, the school announced this week.
Beginning in September 2011, all veterans who qualify for the U.S. Department of Veterans Affairs Yellow Ribbon Program will receive $10,000 per year in scholarship aid from Chicago Booth. The Veterans Administration will provide up to $10,000 in additional funding. Previously, the school awarded only nine scholarships per year.
“We are expanding our participation in the Yellow Ribbon Program to accommodate the increased demand from military veterans to enroll in our MBA program,” Kurt Ahlm, associate dean for student recruitment and admissions for Booth’s full-time MBA program, said in a statement. “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 continued.
To qualify for the additional scholarship support, veterans must be enrolled at Booth’s Harper Center campus and have served at least 36 months of aggregate active duty after September 10, 2001. Veterans who served 30 continuous days after September 10, 2001, and were honorably discharged from active duty for a service-connected disability are also eligible. Dependents who are eligible for Transfer of Entitlement under the Post-9/11 GI Bill based on a veteran’s eligible service also may receive scholarship aid.
For more information on the Yellow Ribbon Program, click here.
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