The master of Business Administration degree is one of the most sought after masters degrees. It teaches the needed skills and knowledge to ascend one’s career ladder. Although most MBA programs are very expensive. For people who lack funds yet are very passionate about getting an MBA, there are plenty of fully funded MBA scholarships that they can qualify for.
This article will be looking at different fully funded MBA scholarships for international students in USA, the eligibility requirements and benefits.
Fully Funded MBA Scholarships For International Students In USA:
Fulbright Foreign Student Program
The Fulbright Foreign Student Program is one of the most famous scholarships open to students from many nations intending to pursue degrees in the USA. It is funded by the U.S Department of State’s Bureau of Educational and Cultural Affairs. Students from anywhere in the world can qualify if they meet the academic and professional growth criteria.
The scholarship covers tuition, travel expenses, other schooling related fees, health insurance and a monthly allowance.
Knight-Hennessy Scholars Program
The Knight-Hennessy Scholars Program is another fully funded scholarship that graduate students can apply to and this includes MBA candidates. The goal of this program is to empower professionals from an array of fields with interests in solving common challenges.
The fund offered caters for tuition, living allowances and other fees. Applicants are expected to submit separate application to the MBA program of Stanford Graduate School of Business.
Harvard Business School (HBS) Fellowships
Harvard Business school offers fellowships to candidates who have been admitted into its MBA programs and are in need of financial support. Fellowships are awarded based on the candidate’s qualifications, circumstances, and interest in the Harvard Business School community
The support offered fully covers for tuition, other fees, living expenses. The fellowship aims to provide access to the MBA program for international students regardless of their financial status.
Stanford Reliance Dhirubhai Fellowship
This scholarship is offered by the Stanford Graduate School of Business and its open to only Indian students interested in an MBA degree. It is a fully funded program and the fund offered takes care of tuition and other fees for the two year MBA at Stanford.
The purpose of the scholarship is to empower the next generation of Indian leaders who would make moves and strides to take India forward. The fellowship is awarded based on merit and factors like the candidate’s academic background, leadership potential and interest in community are considered.
MIT Sloan School of Management Fellowships
The MIT Sloan School of Management grants fellowships to students with outstanding performances and international students can benefit from this if they qualify. The fellowship takes care of the tuition costs, as well as living expenses.
The fellowship is awarded on the basis of merit. All applicants to the MIT Sloan School of Management are by default considered for the scholarship during the admission process.
Berkeley Haas School of Business Scholarships
The Berkeley Haas School of Business at the University of California offers a variety of scholarships to MBA students as well as international applicants. The scholarship is granted based on merit, professional exploits and potential for leadership.
Other affiliated scholarships include; The Haas achievement Award that hopes to support students from underrepresented communities, and The Consortium fellowship, the aim of this fellowship is to promote diversity and inclusion in business education spaces.
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Columbia Business School Fellowships
Columbia Business School has several fellowship opportunities for people looking to study an MBA. The fellowships granted, can be a full or partial coverage for tuition fees. The fellowships are granted on the basis of merit, the candidate’s financial need and their contributions to the community.
Michigan Ross School of Business Scholarships
The University of Michigan Ross School of Business grants numerous scholarships to international students pursing an MBA degree. The scholarships are granted on the basis of academic achievement, personal background and leadership abilities.
The scholarship provides financial support which can either be full coverage or partial coverage of tuition and other expenses.
Johnson Cornell Tech MBA Scholarship
The Johnson Cornell Tech MBA program is offered at the Cornell University and the scholarships are specially for students perusing a tech focused MBA. The scholarship is a complete cover for tuition and living expenses.
To qualify for the program, the individual must be able to show strong academic credentials, an interest in technology and leadership.
Tuck School of Business at Dartmouth Scholarships
These scholarships are offered by the Turk School of Business at Dartmouth to its MBA students including the international students. The scholarship is granted after an evaluation of the candidate’s academic record, financial situation and commitment to community.
The scholarship covers full or partial tuition and provides a living expense allowance. Some of the scholarships by The Turk School of Business include, The Tuck Global Consultancy Fellowship, The Tuck Leadership Fellow Program and The Tuck Scholarship for Nonprofit and Public Service Leaders.
Booth School of Business at the University of Chicago Scholarships
The Booth School of Business at the University of Chicago offers a range of scholarships to international MBA students. These scholarships are granted based on academic and professional qualifications as well as contributions made to the Booth community.
The scholarship may fully cover tuition or part of it and it also provides allowances to cover for living expenses. Some of the scholarships offered include the Forté Foundation Fellowship for women in business, the Global Executive Scholarship for students with extensive international experience, and the Social Enterprise Initiative Scholarship for those interested in social impact.
Wharton School of the University of Pennsylvania Scholarships
Scholarships by the Wharton School of the University of Pennsylvania are awarded to international MBA students. Academic performance, interest in the field, and other personal achievements are assessed before the scholarship is granted. What’s more, the fund offered may cover tuition fully or partly and living allowances are also provided.
Some of the scholarships include the Joseph Wharton Scholars Program, the Emerging Economies Fellowships for students from developing countries, and the Lipman Family Prize Fellowship for those interested in social innovation.
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Conclusion on: Fully Funded MBA Scholarships For International Students In USA
The lack of funds should not deter you from your dream of pursuing an MBA in the USA as there are lots of fully funded MBA scholarships for International Students In USA. Most of these programs assess your academic strengths, leadership strength and passion for community progress. Applying to multiple scholarships increases selection chances and reduces MBA financial burden.
