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CMU Tepper Fellowship

Tepper Fellowships are the umbrella term for the Tepper School of Business's merit-based awards for incoming MBA and specialised Master's students (MSCF, MSBA, MS Product Management, MISM). Awards range from partial tuition discounts to full-tuition fellowships for the top admits. There is no separate application — every admitted student is automatically considered, with notification typically arriving alongside the admission letter.

Aligned with Tepper MBA rounds — 2026 entry rounds closed; 2027 entry Round 1 deadline late September 2026

Carnegie Mellon Tepper School of Business

University-funded

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Value

Partial to Full Tuition Merit Award

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Duration

Full Programme Length

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Application

Automatic at Admission

info How this award actually works

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Who awards it

Carnegie Mellon Tepper School of Business — not Lanka Scholar. We are not the awarding body and cannot grant, reserve or guarantee this award.

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How you are considered

Through your admission application. Awards like this are usually assessed automatically from the application you already submit — there is typically no separate scholarship form to fill in.

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What it covers

Partial to Full Tuition Merit Award. This is a reduction in tuition, not a full ride. You still fund the remainder, plus living costs and the balance your visa requires you to show.

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Where we come in

We make the admission application strong enough to be competitive — course choice, documents, references and deadlines. The funder makes the decision.

fact_check Eligibility Criteria

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Admission to Tepper Programme

You must be admitted to the Tepper MBA, MSCF (Computational Finance), MSBA, MISM, MS Product Management, or one of Tepper's other specialised Master's programmes.

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Strong Application Profile

Awards are merit-based — selection considers GMAT/GRE score, undergraduate academic record, professional experience, and the strength of essays and recommendations. Top scorers and high-potential candidates typically receive larger awards.

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All Citizenships Eligible

Open to all admitted students regardless of nationality. Sri Lankan citizens applying through the standard Tepper rounds are automatically considered.

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English Proficiency

Meet Tepper's standard English language requirement — typically TOEFL iBT 100+ or IELTS 7.5+ for the MBA. Waiver available for applicants with English-medium undergraduate education.

account_tree Application Process

Apply to Tepper Programme

Submit your Tepper MBA or specialised Master's application via the standard rounds. Strong test scores (GMAT/GRE), essays, recommendations, and CV are essential.

Automatic Fellowship Review

All admitted applicants are automatically reviewed for merit-based fellowships — no separate scholarship form, essay, or interview is required.

Receive Award with Admission

Fellowship awards are communicated alongside the admission letter. Award amounts vary widely from year to year based on the strength of the incoming cohort.

Accept and Enrol

Accept your Tepper offer and confirm enrolment by the published deadline. The fellowship is applied as a direct tuition reduction each semester.

Why CMU Tepper?

Carnegie Mellon is consistently ranked in the world's top 25 for Computer Science and top 30 for Business by major rankings. Tepper's MBA is known for its analytical rigour, with strong placements into tech (Amazon, Google, Microsoft), consulting, and finance. The MSCF programme is one of the world's top-ranked quantitative finance master's degrees.

#52

QS World Ranking 2026

#16

US News MBA 2025

#1

QS MS Business Analytics 2024

Looking for a scholarship because of the cost?

Then start here instead. Scholarships are competitive, usually partial, and decided by someone else — they are the least reliable way to make studying abroad affordable. Your destination and course choice move the number far more, and both are entirely within your control.

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