McDonough School of Business
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News Story

Georgetown McDonough Expands Yellow Ribbon Program Scholarships To Cover Tuition Costs for Veterans

In an effort to remove financial barriers for veterans seeking advanced degree enrollment options and to honor the brave men and women who serve our nation, Georgetown University’s McDonough School of Business will expand scholarships of the Yellow Ribbon Program (YRP), effective August 1, 2023. 

Under this new financial agreement, McDonough will increase its graduate-level YRP maximums from $16,000 to $20,000 per student annually for those who qualify, with no limit on the number of students who are eligible to participate. 

For Post-9/11 GI Bill® students eligible for Yellow Ribbon, the expansion in scholarship funding will cover the annual cost of full-time tuition for the majority of McDonough’s graduate programs. The expansion creates the opportunity for a larger veteran population on Georgetown’s campus and propels enrollment growth across all graduate degree programs in the business school.

“Georgetown McDonough is situated as a leading business institution in Washington, D.C., where we have the duty and honor of taking care of our veteran community who reside in the nation’s capital,” said Paul Almeida, dean and William R. Berkley Chair of the McDonough School of Business. “We are proud to increase our Yellow Ribbon funding for these admirable service members to ensure they are able to further their education without any additional burdens or costs.” 

To qualify for the program, the Department of Veterans Affairs specifies that participants must be 100% eligible for Post-9/11 GI Bill® benefits, be enrolled in a degree-seeking program, and accrue a total tuition and fees amount that is more than the Post-9/11 private tuition maximum for an academic year.

Explore more information about the Yellow Ribbon Program and learn how to apply.

Georgetown McDonough is a proud member school of and a University Partner with the Pat Tillman Foundation.

GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). Explore more information provided by the U.S. government about education benefits offered through the VA.