Stanford University's Graduate School of Business has launched a new MBA fellowship aimed at supporting economic development in the Midwest.
The fellowship will cover tuition and fees (approximately 160,000 USD over two years) for students with financial need who can prove a strong connection to the Midwest. Three fellowships will be awarded in its inaugural year, 2016-2017.
Fellows are expected to return to the Midwest to work for at least two years, and this must be done within two years of graduating from Stanford's MBA.
As well as showing a connection to the region, such as prior residency, successful applicants will also demonstrate a commitment to the Midwest's economic development. The eligible states are: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin.
For more information and to apply, see the fellowship's website.
Image: Stanford University by Don McCullough CC BY 2.0 (cropped)