The Richard DeVos Graduate School of Management has scholarship opportunities available to eligible students formally admitted to the Accelerated or Working Professional MBA programs.

Early Decision Scholarship Deadline:

May 25 (Fall Start)

October 12 (Spring Start)

Merit Scholarships

The DeVos Graduate School offers a cumulative scholarship system for Working Professional and Accelerated MBA students. To be eligible for Merit scholarships, students must enter and remain in good academic standing.

The DeVos Merit Scholarship system allocates awards based on three criteria. These components include a student's cumulative GPA of ALL undergraduate academic transcripts, demonstrated leadership attributes, and official Graduate Management Admissions Test (GMAT) or Graduate Record Examination (GRE) General Test scores. Each Merit component enables qualified applicants to maximize their scholarship award. Detailed Merit Scholarship award criteria include the following:

Cumulative Grade Point Average

Scholarship award is based on the cumulative GPA of ALL undergraduate transcripts.

Cumulative GPA RangeAward
3.25 - 3.6 $1,050.00 
3.61 - 4.0 $2,100.00
Figures based on 2014-2015 academic year


Scholarship award consideration is based on the student's submitted resume, personal statement, interview and letters of recommendation. The amount will be awarded at the discretion of the graduate admissions committee. If you receive any tuition reimbursement from your employer, you are ineligible for this scholarship.

Graduate Management Admissions Test (GMAT) and Graduate Record Examination (GRE)

All students have the opportunity to take the official Graduate Management Admissions Test (GMAT) and/or Graduate Record Examinations (GRE) General Test for additional scholarship award and admission consideration. The GMAT or GRE must be taken and official score report received by DeVos prior to program start date.

GMAT awards will be allocated based on the following score ranges:

GMAT RangeAward
500-550 $1,050.00
560-610 $2,100.00
620+ $3,150.00
Figures based on 2014-2015 academic year

Based on the unique nature of the GRE General Test, a sliding scale comparison chart is used to score the exam. For more details and information on scholarship eligibility, please contact your DeVos Representative.

Students may be eligible to receive a scholarship award for either the GMAT or GRE General Test. Students are not eligible for both.

DeVos Merit Scholarship Facts

  • Students will be automatically considered for Merit Scholarship if committed one month prior to the semester start date.
  • In order to be eligible for Leadership Merit Scholarship components, a student must NOT receive any tuition reimbursement.
  • If a student receives less than 75% tuition reimbursement, the student will be considered for the GPA and GMAT/GRE Merit Scholarship component. Students would also be eligible for the Early Decision Scholarship, unless the amount exceeds the total program cost.
  • If a student receives 75% or more tuition reimbursement, he/she is not eligible for the GPA, GMAT/GRE or Leadership Merit Scholarship.
  • The total scholarship award will be allocated equally over each semester of the student's prescribed program of study (Accelerated MBA students: 3 equal installments; Working Professional MBA students: 6 equal installments).

Private Donor Scholarships

Many Northwood friends and affiliates have generously provided funding for private scholarships for students.

Private Donor Scholarship Application

Contact Information

Michigan Campus
and Other Program Center Locations
Financial Aid Office
4000 Whiting Drive
Lower Level Miner Hall
Midland, Michigan 48640
Phone: 989.837.4230
Fax: 989.837.4130

Florida Campus
Financial Aid Office
Turner Education Center
2600 N. Military Trail
West Palm Beach, FL 33409
Phone: 561.478.5590
Fax: 561.681.7990