MS-GRA Admissions & Financing

Admissions and Application Details

Application Deadlines

Applications for August 2025 intake will be reviewed in the following rounds.

*Recommended submission deadlines for non-U.S. citizens

Application Requirements

The Admissions Committee uses a holistic approach when making an admissions decision. We encourage you to review the application requirements in detail to understand what the Admissions Committee is looking for with regard to each application component.

All interested Masters of Science in Global Real Assets candidates are encouraged to submit an application as early as possible and to review our detailed application instructions.

Tuition

Read about tuition information, financial aid, and program scholarships below to begin exploring how you will finance your M.S. in Global Real Assets degree.

Tuition Information

The M.S. in Global Real Assets tuition fee for the August 2025 intake is $75,000. It includes tuition as well as specified meals and hotel accommodations for the global residency.

Tuition fees exclude individual health care or health insurance premiums, books and supplies, student fees, round-trip airfare to and from international project locations, room and board, visas, and incidental expenses while traveling. The Office of Billing and Payment Services provides additional information regarding tuition breakdown and student fees through the university.

Scholarship Opportunities and Financial Resources

Scholarships are awarded based on a holistic review process with the goal of admitting a competitive and diverse class. To be considered for a scholarship, applicants must include a scholarship essay with their applications. The Office of Admissions notifies students of scholarship awards at the time of admission to the program. Students are eligible for only one scholarship type.

All programs and activities are open to all Georgetown University applicants regardless of race, national origin, sex, gender identity, sexual orientation, religion, disability, age, or any other characteristic protected under University policy or applicable law.

Georgetown Scholarships

Steers Center for Global Real Assets Scholarship

The Steers Center for Global Real Assets offers scholarships for M.S. in Global Real Assets students. The center is committed to ensuring students interested in careers in real estate and real assets have the resources, experiences, academic foundation, and network needed for a lifetime of success.

Federal Employee Scholarship

In support of Georgetown University’s decision to offer professional development opportunities to current and former federal civil employees and federal contractors, we will offer a 10% merit-based scholarship on the base tuition to current or recently separated federal civil government employees for fall 2025 intake.

Current and past federal employees and contractors are also eligible for an application fee waiver. This will automatically apply at the final submission to qualified applicants that indicate their industry within their MS-GRA application. Please email realassets@georgetown.edu with any questions or concerns. 

Georgetown Undergraduate and Alumni Scholarship

We are offering current seniors and undergraduate alumni from the Classes of 2023, 2024, and 2025 a 10% base tuition scholarship for the master’s in management program. Current Georgetown students and alumni are also eligible for an application fee waiver. Please email mimprogram@georgetown.edu with any questions or concerns.

Lucas Scholars Program

The Lucas Scholars Program offers prestigious, merit-based scholarships for students pursuing the M.S. in Global Real Assets at Georgetown University. This program is made possible through the generous support of Richard M. Lucas (B’87).

As a valued member of the Executive Committee of the Steers Center for Global Real Assets Advisory Board, Lucas brings extensive industry experience. Most recently he has served as executive vice president, general counsel, and secretary of Walker & Dunlop, Inc., one of the largest commercial real estate services and finance companies in the United States providing financing and investment sales for multifamily and commercial properties. Lucas previously served as the Executive Vice President, General Counsel and Secretary at Hilton Worldwide.

Scholarship Benefits
Lucas Scholars receive merit-based scholarships to support their academic journey and exclusive opportunities to connect with Richard Lucas through planned events.

This program empowers future leaders in real assets by combining financial support with unique industry insights.

Georgetown McDonough Merit Scholarships

Georgetown McDonough offers scholarships for M.S. in Global Real Assets students based on an applicant’s academic, personal, and/or professional accomplishments.

Steers Center for Global Real Assets Scholars Program

The Steers Scholars Program is an exclusive scholarship and mentorship opportunity for exceptional applicants to the Master of Science in Global Real Assets (MS-GRA) program at Georgetown University’s McDonough School of Business. This program is designed to recognize and support future leaders in the global real estate industry.

Scholarship Details:
Five scholars will be selected from the Fall 2025 incoming cohort to receive a 50% tuition scholarship and personalized mentorship opportunity to support their graduate education and career development.

Mentorship Program Details:
Scholars will have the unique opportunity to participate in a one-on-one mentorship program where they will be matched with a senior member of the Steers Center Advisory Board – some of the most prominent and influential leaders in the global real estate industry. Students will gain unmatched access to personal insights, career guidance, and invaluable connections with top industry experts shaping the future of real estate.

Through the mentorship program, scholars will deepen their understanding of the global real estate market and gain the tools to navigate and excel in this dynamic industry. The Steers Scholars Program is committed to empowering the next generation of innovators and changemakers in real estate, providing them with the resources and support to build transformative careers.

Selection Criteria:
The admissions committee will evaluate applicants based on the following:

• Academic Excellence: A strong academic record, including coursework in finance, business, economics, or related fields.
• Real Estate or Finance Experience: Demonstrated interest in and commitment to the real estate field through internships, full-time work experience, or other relevant activities in real estate or finance.
• Motivation and Career Goals: A compelling application that demonstrates the applicant’s passion for real estate, their motivations for pursuing the MS-GRA program, and their long-term career aspirations in the real estate industry.

Georgetown Partnerships

Peace Corps Coverdell Fellows Program

The Peace Corps Coverdell Fellows Program offers financial assistance to returned Peace Corps volunteers pursuing the Master of Science in Global Real Assets at Georgetown University. As part of the program, all fellows complete internships in underserved American communities, allowing them to bring home and expand upon the skills they learned as volunteers. Georgetown University’s McDonough School of Business is proud to be a partner school with the Coverdell Fellows Program. As part of this program, all returned Peace Corps volunteers will receive an application fee waiver. Students who are awarded the fellowship will receive a minimum of 25% of tuition in scholarship and the ability to apply for potential Graduate Assistantships. Please see the Peace Corps website for more details.

Segal AmeriCorps Education Award

The Segal AmeriCorps Education Award is a post-service benefit earned by individuals who complete an approved term of national service in an AmeriCorps program. Georgetown University McDonough School of Business is proud to be an education partner with the Segal AmeriCorps Education Award.

Applicants to the Executive MBA (EMBA), Master of Science in Management (MiM), Master of Science in Global Real Assets (MS-GRA), and Master of Arts in International Business & Policy (IBP) applying to start in fall 2024 and beyond will receive an application fee waiver. Please reach out to the general email address for the program to request the waiver. EMBA, MiM, MS-GRA, and IBP students who are awarded the AmeriCorps Education Award can be considered to receive a minimum of $5,000 total as a one-time only award. Georgetown McDonough anticipates being able to award 1-3 total scholarships per year based on the strength of the applicant pool.

External Funding Resources

In addition to merit scholarships provided by Georgetown’s Admissions Committee through the application process, we encourage you to explore external resources for additional funding opportunities. For best consideration, we encourage you to apply early for external funding as applicants to your selected master’s programs.

• External Funding for Applicants Guide
• Office of Graduate Fellowships & Awards Events
• Private Lenders for International Students

Financial Aid

Georgetown University has resources to help students identify options for financing their education. U.S. citizens and permanent residents should contact the Office of Student Financial Services for information on financing.

Financing Options for International Students

Prodigy Finance

Prodigy offers loans to international graduate students for the MS-GRA Program with these features:       

• No cosigner required
• No collateral required
• Repayment begins six months after graduation
• No penalties for early repayments
• Up to 80% of cost of attendance including, tuition, and living expenses
• Join the world’s largest community of international borrowers

Georgetown University reserves the right to modify the requirements for admission and/or graduation, the program curricula, tuition, fees, and other regulations affecting the student body.

Join Our August 2025 Intake

Our next Master of Science in Global Real Assets intake launches in August 2025. We welcome the opportunity to connect with you throughout the admissions process to learn more about your background and interests, share details about the classes and capstone project, and explore how you can make an impact in this field.

Schedule a Meeting with the MS-GRA Team

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Questions? Contact Our MS-GRA Admissions Team

We can answer questions about making an investment in your future through the Master’s in Global Real Assets program.
RealAssets@georgetown.edu / +1 (202) 784-1478