Our Commitment to Student Access

The Lauder Institute is committed to providing financial support to candidates who are admitted to the joint-degree program. In fact, nearly all of our students receive some kind of financial aid from the Lauder Institute for the graduate degree in International Studies in the form of graduate school fellowships and awards.

Cost Summary

Lauder Institute MBA/MA (2017-2018)

In addition to their Wharton MBA tuition, the cost of the Lauder MA for MBA students is as follows:

1st Year
Summer* $15,500
Fall Semester $5,875
Spring Semester $5,875
Global Knowledge Lab (GKL) $4,500

2nd Year
Fall Semester $5,875
Spring Semester $5,875
Two-Year Total** $43,500

Lauder Institute JD/MA (2017-2018)

In addition to their Penn Law tuition, the cost of the Lauder MA for JD students is as follows:

1st Year
Summer* $15,500
SAS May Area History Tuition & General Fee $6,100 (estimate)
Fall Semester $5,875
Spring Semester $5,875
Global Knowledge Lab (GKL) $4,500

2nd Year
Fall Semester $5,875
Spring Semester $5,875
Two-Year Total** $49,600

* The summer session is billed in two equal installments of $7,750
** Students should plan for an increase in the Lauder fee, as well as Wharton or Penn Law tuition, for each year of enrollment. The University’s Trustees reserve the right at any time to amend the regulations concerning tuition, fees, and method of payment and to make such changes applicable to students currently enrolled in the University as well as to new students

Financial Aid & Fellowships

In addition to the financing options provided through Wharton and Penn Law, Lauder fellowships are also available for accepted students.

The Leonard Lauder Fellowship

Thanks to the generosity of Leonard Lauder, we are pleased to award the prestigious Leonard Lauder Fellowship to a select number of Lauder MBA/MA applicants. Awarded at the time of admission, this award covers Lauder fees for the two years of the program. Recipients are chosen from the top students in each class, and the selection is based solely on merit. A separate application is not required for the Leonard Lauder fellowship.

General Lauder Institute Fellowships

Admitted students who do not receive the Leonard Lauder Fellowship are invited to apply for a general Lauder Fellowship, with amounts typically in the range of $10,000-$20,000. Instructions for how to apply are provided at the time of acceptance into the Lauder program.

Summer Fellowships & Awards

For internships between the 1st and 2nd year of the Lauder program, Lauder offers two types of fellowships. One fellowship is for students who take a summer internship where they are using their target language but are being compensated significantly below market rate. This summer fellowship has helped students do everything from working in international development in Africa to establishing a coffee startup in Colombia. The second type of fellowship supports entrepreneurial ventures. Lauder’s Santander Venture Award provides financial support that enables Lauder students to work full-time on their venture rather than pursuing a traditional summer internship. 

Foreign Language and Area Studies (FLAS) Fellowships

Lauder applicants, admitted students, and current students in the Arabic and Hindi concentrations may apply for the University of Pennsylvania’s Foreign Language and Area Studies (FLAS) Fellowships program. Typically Wharton Round 1 applicants apply for the FLAS after being admitted into the program, and Wharton Round 2 applicants must apply for the FLAS during the admissions process. For more information about the FLAS program and eligibility please visit the FLAS website.

Soros Fellowship for New Americans

The purpose of the Fellowship is to provide opportunities for continuing generations of able and accomplished New Americans to achieve leadership in their chosen fields and to partake of the American dream. The program was established in recognition of the contributions New Americans have made to American life and in gratitude for the opportunities the United States afforded the founders of the Fellowship, Paul & Daisy Soros. For more information, click here.

 

Loans & Loan Forgiveness

Lauder MBA/MA students, both U.S. citizens and international students, are also eligible to apply for loans through Wharton MBA Financial Aid to meet educational and living expenses not covered by fellowships. For questions about the loan process and/or Wharton tuition please contact the Wharton MBA Financial Aid team at financialaid@wharton.upenn.edu or +1 215-898-8728.

Bendheim Loan Forgiveness Fund for Public Service

Lauder MBA/MA students may apply for the John M. Bendheim Loan Forgiveness Fund for Public Service, co-created by Lauder Governor Tom Bendheim, G90, WG90, to encourage MBA graduates to pursue careers in the public and nonprofit sectors. Up to $20,000 per year is available for five years following graduation. For further information on this competitively awarded financial support, please click through to the Wharton page on MBA loan forgiveness.

For further information contact us at lauderinfo@wharton.upenn.edu.