The costs of an MBA go far beyond the price of tuition. There are a number of other factors you need to consider, including the loss of income from your current job, living expenses such as rent and food, books, fees, insurance, transportation expenses.

Once you know your financial needs, here are some places to look for funding:

• MBA Loans - There are a number of loan programs available to MBAs. Check to see if you are eligible for government-subsidized loans. Also, the GMAC has started the MBA LOANS program.

• Scholarships - MBA programs have scholarship monies available for applicants fitting particular profiles.

• Employers - Sometimes employers can be convinced to help support the costs of MBA programs. You may be required to work for a certain number of years for the employer after graduating in order to repay their assistance.

• Savings - Many students fund part of their MBA education out of their personal savings.

• Tax Breaks - Some of the money you spend on your education may qualify you for tax breaks.

• Grants - A number of organizations provide grant money for students. There are a number of grant directories available in print and on the Internet.

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