Student funding, stipends + awards
Funding for impact & sustainability experiences, ventures and careers
Kellogg's distinctive social impact funding enables MBA students to pursue purpose without financial barriers.
At Kellogg, we believe financial constraints should not limit your ability to create positive change. Our comprehensive funding ecosystem supports your impact journey from initial exploration to post-graduation career launch, providing the resources you need at every step. Made possible through generous gifts from the Combe Family and other donors, these opportunities empower you to apply business acumen to address pressing social and environmental challenges.
Past students have received over $200,000 in direct funding across reimbursements and direct awards for experiences, entrepreneurship, and career launch.
Funding available during the school year
Project Impact Discovery Funding
Project Impact funding empowers students to explore social impact outside the classroom through experiences, travel, and entrepreneurship. Explore and discover impact and sustainability interests through reimbursement for experiences like conferences, competitions, executive shadowing, or research trips. All students are eligible for reimbursement of up to $2,500 per academic year.
Project Impact Venture Funding
We support social and sustainable entrepreneurs through reimbursement for expenses tied to student-founded ventures. Qualifying ventures are eligible for reimbursements of up to $5,000 per academic quarter.
Funding available over the summer
Summer funding ensures you can prioritize impact over income during this crucial experiential learning period, whether through internships or venture development.
Social Impact and Sustainability Internship Stipends
Gain valuable experience with organizations making a difference without worrying about summer income, allowing you to choose purpose over paycheck. Up to $7,000 summer stipend for students working in meaningful internships across the social impact sector. Eligible organizations include:
- Sustainability-focused businesses
- Climate Tech
- Nonprofits and Public Service
- Financial inclusion initiatives
- Health and human services
- Education Startups
- Impact investing firms
Social Impact and Sustainability Venture Stipends
Dedicate your summer to building your social enterprise with funding that allows you to focus full-time on creating impact. $10,000 summer stipend for founders to work on their social venture full-time over the summer months:
- Dedicated time to build your venture with some income replacement, which can be combined with other sources
- Recipients are also eligible for reimbursement of venture expenses
- ‘Test-run’ your venture for dedicated focus post-graduation
Funding available upon graduation
Graduating students are eligible to receive substantial financial support to pursue purpose-driven careers with the support of direct funding or reduced burden of educational debt.
Loan Assistance Awards
Loan Assistance awards are intended to remove the financial barriers to choosing impact over traditional career paths with significant loan forgiveness for exemplary graduates. Loan Assistance Awards are merit-based awards of up to $75,000 given to students dedicated to impact careers in social or sustainable enterprise, entrepreneurship, or nonprofit or service careers. Award amounts are determined by need, potential role, career trajectory, and demonstrated dedication to impact.
- Awards are applied to student debt over the course of the two years following graduation
- Available to students in for-profit, nonprofit, and public sector roles
- Competitive selection based on commitment to impact
Collins Family Loan Program
The Collins Family loan assistance program is designed to support alumni pursuing long-term careers in public and nonprofit sectors with decade-long support that makes these career choices financially viable. Up to $15,000 of debt forgiveness per calendar year for up to 10 years for graduates working in nonprofit or public service roles.
- Long-term support for public sector and nonprofit careers
- Income tested, but with generous eligibility ceilings
- Available to all qualifying alumni
Kellogg Social Entrepreneurship Award
Launch your social venture with substantial seed funding that gives you runway to create impact as a full-time social entrepreneur. $70,000 seed funding to pursue a social venture full-time after graduation.
- Merit-based award given to 1-2 students per year
- Quarterly disbursements over 12 months
- Additional eligibility for loan assistance programs