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Financial Aid
Erb Institute
Funding
Opportunities
The Erb Institute provides several forms of financial support to MBA/MS program students, with the intent of reducing net cost of the program, recognizing student contributions to the Erb Institute community and supporting the intellectual, personal and professional development of students. These grants have been made possible by generosity of individual donors, and the amount of money available for granting varies subject to receipt of gifts and returns on invested funds. Because Erb Institute scholarship funds are limited, students are kindly requested to seek other, additional sources of aid and awards.
Third-Year
Tuition Support
Starting with the Erb Institute Class of 2012, the Institute will grant up to $8,000 toward tuition to full-time students in good academic standing who are in the sixth term of the MBA/MS program.
Grants cannot exceed actual tuition due after other tuition funding is taken into account: other tuition funding includes, but is not limited to, tuition grants and non-personal gifts, and specifically excludes earned income. For Institute budgeting purposes, students wishing to receive sixth-term support must apply to the managing director at least nine months in advance of disbursement; for most students this deadline will be March 31 of their second year at U-M.
The third-year tuition grant policy for classes graduating after spring, 2012 may periodically be recalculated with particular reference to tuition rates, enrollment levels and availability of scholarship funds.
Erb Institute Classes of 2011 and earlier click here for details on third-year tuition support.
Nonprofit/Government
Internship Support
Nonprofit and governmental organizations play central roles in the harmonization of economic, environmental and societal interests, therefore the Erb Institute encourage students as part of their personal and professional development to seek internships with them. In order to reduce the economic disincentive represented by generally lower nonprofit and governmental internship salaries, the Institute offers dual-degree students supplementary stipends. Stipends are intended to bring total compensation in line with a benchmark "full-funded internship" which is re-evaluated annually. For the summer of 2009, stipends were capped at $5,000.
Masters Opus
Grants
Erb Institute MBA/MS students are eligible to apply for limited funding to subsidize expenses associated with conducting the sustainability-related research that is necessary to fulfill the requirements of the Masters Opus at the School of Natural Resources and Environment. Applicants must fully articulate the scope of their planned research activities and demonstrate that the expenses to be funded are necessary to conduct this research. Awards are capped at $2,000 per student.
GSRA / GSI Appointments
The Erb Institute periodically funds Graduate Student Research Assistant or Graduate Student Instructor positions in response to faculty requests for assistance. Every effort is made to ensure that Erb MBA/MS students know about these positions and have the opportunity to apply.
Service Awards
Since its inception, the Erb Institute MBA/MS Program has continuously improved owing substantially to the unselfish contributions put forth by countless students enrolled in the program. To recognize these efforts, the Institute bestows four annual service awards for the most extraordinary student contributions. (Three awards were offered prior to 2008). Winners of these awards are selected by their fellow students and earn $2,500 scholarships along with public recognition.
- 2008 Winners: Russ Baruffi, Aaron James, Jackie Pitera, Emily Reyna
- 2007 Winners: Michele Diener,
Josh Nothwang, Brian Swett
- 2006 Winners: Alex Keros,
Karen Putterman, Doug Wein
- 2005 Winners:
Marshall Chase,
Chris Guenther,
Sarah Winkeller
- 2004 Winners:
Jon Forrester,
Bryan Magnus, Sara
Nosanchuk
Conference Fees and Related Travel
The Erb Institute has given significant consideration to this issue over the years and we have concluded that the best forms of direct financial support for students are third-year scholarships, non-profit internship subsidies, small research grants and service awards. Therefore, the Erb Institute does not award any funding related to general conference attendance.
Please note that SNRE provides some funding support for conference attendance.
There is also a funding source within Rackham that students can
draw on if they are presenting academic work at conferences.
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