Yale School of Management - The Alumni Fund

Giving to the Alumni Fund is a statement of support and engagement with the school. This year, the Alumni Fund offers new spending designations, giving donors the opportunity to effect change in specific areas.

Loan Forgiveness

The Loan Forgiveness Program has a tremendous impact on both individual alumni and the communities they serve, and it has depended from its beginning on the support of the Yale SOM community. Participants with incomes up to $70,000 have 100% of their need-based loans covered and the application process has been radically simplified, requiring only a letter of employment stipulating the participant’s salary. Yale SOM plans to offer assistance of some level to all graduates who qualify, including international students and to date over 300 students have benefited from this important program. Graduates in the program have worked for a range of organizations--from local government offices, like the Allegheny County Department of Human Services, to international NGOs, including Enterprise Works Worldwide.

Dean’s Initiatives

Yale SOM is a pioneer in management education, developing new ways of training future managers for a rapidly changing business environment. Gifts to the Dean’s Initiatives designation will fund emerging needs, from enabling course reductions for faculty working on the curriculum to building the new campus.

Curriculum Development

In the fall of 2006, Yale SOM introduced an innovative new curriculum that emphasizes multidisciplinary courses cutting across functional boundaries. This new approach aligns the teaching of management with the way managers operate every day. Gifts to curriculum development allow the School to hire case writers, develop the mentoring and international programs, and foster collaboration between faculty and practitioners as they develop teaching materials.

Financial Aid

Scholarships are an essential tool for encouraging outstanding applicants to choose Yale SOM in today’s highly competitive MBA market. The school spends almost $2 million annually to fund merit-based scholarships, and endowed scholarships fund just over one fourth of this expense. Alumni Fund support can make a difference in how many scholarships are offered to exceptional students and how many of these students ultimately choose Yale SOM over competitor institutions.

Faculty Research

Gifts directed to research have enabled Yale SOM to become a leader in the emerging field of behavioral finance, to produce significant work on competition and antitrust behavior, and to make important contributions to the field of corporate governance. These gifts have enormous impact on the culture and reputation of the school and have impact far beyond Yale.