Fertitta Veterans MBA Program

Thanks to the generous $15 million endowment from alumnus Lorenzo (MBA ’93) and brother Frank J. Fertitta III, NYU Stern established the Fertitta Veterans MBA Program in 2016 to attract the most talented veterans in the country seeking a full-time business education. In the Spring of 2020, the endowment doubled from $15 million to $30 million. The uniquely designed summer session will include an early start on selected coursework; career programming with access to corporations and alums; engagement with veteran alum mentors; and social activities. The program begins in July and concludes just before LAUNCH orientation in August.

Stern projects that approximately 25 incoming full-time MBA military students accepted into the Fertitta Veterans Program will receive scholarship support that reduces their tuition to a flat $31,600 per year. Students who qualify for veterans benefits, including Yellow Ribbon funding, will continue to be eligible for those benefits. In addition, all U.S. military veterans and active duty students in the Two-Year Full-time MBA Program are eligible to participate in the summer session, even those who are not awarded a Fertitta Veterans MBA Scholarship or are not using Yellow Ribbon benefits. 

Consideration for the Fertitta Veterans MBA program

Interested U.S. military veterans and active duty full-time MBA applicants will be informed in their admission letter if they are selected for the Fertitta Veterans MBA scholarship. We encourage all U.S. military veterans to participate in the Fertitta summer session, with or without the Fertitta scholarship.

We understand that not every applicant will be able to participate in the Fertitta Veterans MBA Program. However, if students cannot participate, they can join the regular MBA program that begins in the Fall and may still receive the Fertitta Veterans scholarship.

Participation is mandatory for students who commit to the Fertitta Veterans MBA Program. It is an academic program, and all of our academic programs require attendance and participation. See here for the complete academic requirements.

GI BILL

The GI Bill is one of the educational benefits that you can receive from the Department of Veterans Affairs for serving more than 90 days in the military. Most candidates are eligible for the post 9-11 GI Bill, which pays for a portion of their schooling and provides a monthly housing stipend. 2024 BAH for NYC zip code for E-5 with dependents is $4,407 monthly. Click on the following links for additional information on the Department of Veterans Affairs Education and Training opportunities and the Post 9-11 GI Bill.

YELLOW RIBBON + Fertitta Veterans living stipend

NYU Stern is pleased to participate in the Yellow Ribbon Program. This program is only available to veterans of the U.S. Armed Forces who are 100% eligible for Post 9/11 VA Benefits. During the 2023-2024 academic year, Stern will contribute awards of up to $31,600 per academic year to each eligible MBA student who elects to use Yellow Ribbon benefits. The Veterans Administration will match these funds for a total award of up to $63,200 per year per student. NYU Stern will also provide a $20,000 Fertitta Veterans Living Stipend to two-year Full-time MBA students who elect to use Yellow Ribbon benefits. Students cannot receive both the Fertitta Living Stipend and the Fertitta Veterans MBA Scholarship. Students who do not use Yellow Ribbon benefits will separately be considered for the Fertitta Veterans MBA Scholarship. Please visit the Department of Veterans Affairs website for additional eligibility information.