Military-friendly business schools, according to MBA.com, waive or reduce application fees for military applicants, when permitted by state and university regulations. For example, Texas A&M's Mays Business School and American University's Kogod Business School waive application fees for applicants who served in the military within three years of applying to the business school.
Military-friendly schools such as Harvard Business School host a resume workshop where veterans are taught how to translate their military experience into a marketable business credential. Carnegie Mellon and American University offer resume workshops, as well, that teach veterans how to use "recruiter-friendly" language.
At Dartmouth's Tuck School of Business, the Armed Forces Alumni Association (AFAA) hosts panels where first-year students can network and find a variety of internship opportunities.
The Yellow Ribbon GI Education Enhancement Program (Yellow Ribbon Program) is part of the post-9/11 GI Bill through the Veterans Administration. This program permits accredited degree-granting institutions of learning to enter into an agreement with the Veterans Administration (VA). As part of this program, the university can fund up to 50 percent of tuition expenses that exceed the highest public in-state undergraduate tuition. In exchange, the VA matches the institution.
If the costs for tuition and fees exceed the amounts contributed by the institution and the VA combined, then additional funds may be available if the veteran/student meets the criteria set by the Yellow Ribbon Program. For example, Dartmouth's Tuck Business School claims that 80.4 percent of a veteran's business school tuition is covered. However, the school reports that veterans frequently have the unpaid portion of their schooling covered through the Yellow Ribbon Program, providing they meet program criteria.
In addition to VA matching and the Yellow Program, many military friendly business schools have well-funded private endowments and scholarships. For example, at Cornell University's Johnson School of Business, 30 percent of veteran students earned the Roy H. Park Leadership Fellowship. This award, normally given to less than 10 percent of applicants from the MBA program, is a full-tuition grant and stipend. Because of criteria, frequently met by experienced military personnel, Cornell reports that three out of four military students receive this scholarship.
Additionally, the veteran students can apply for the Peter and Stephanie Nolan Veterans Scholarship, awarded to veteran students who demonstrate financial need and who have served a tour of combat duty in Afghanistan or Iraq.