You have got good scores in GMAT and TOEFL exams, and now you are ready for admission in a good b-school in USA. The only thing you are now worried about is that will you get a scholarship or educational grant that will help you to reach your dreams.
USA is the top destination among international aspirants wanting to study MBA. But it is not possible for everyone to afford the tuition fees charged by the colleges. Most of the times international students are not aware of the different scholarships that are availed and which scholarships that can be availed. Many MBA colleges in USA provide scholarships to meritorious students which may be a percentage of their tuition fees to full support which includes other stipends or aids.
Let us take a look at some of the top scholarships that international students can avail while doing MBA in USA:
- Harvard Business School MBA Scholarships
Harvard Business School provides the largest scholarship fund, with around 65% of its students getting some amount of financial aids. Scholarship for students usually starts $5000 to full tuition fees plus monthly stipends.
- Wharton Business School MBA Scholarships
The scholarship provided by Wharton Business School generally is based upon merit. Meritorious students can expect anything from $20,000 to full tuition fees and living expenses.
- Stanford Business School MBA Scholarships
Stanford Business School provides its admitted students scholarships based upon their financial needs. If anyone can show their financial requirements based upon their income and assets, they can expect scholarships from amounts of $10,000 to full tuition fees plus living stipend.
- Fulbright Foreign Student Programme
The scholarship programme is for all foreign students who want to pursue a master’s or PhD degree in the USA. The scholarship covers tuition fees, airfare, living stipend health insurance and other expenses.
- Willamette MBA Global Diversity Scholarship
The scholarship is provided to international students pursuing MBA in Atkinson Graduate School of Business Management at Willamette University. Any student having a GMAT score of 590 and strong academic credentials can apply for the scholarship. Selected candidates usually receive Global Diversit scholarship of $5000 and around $16,000 as Atkinson School Scholarship.
- New York University Stern Scholarship
New York University Stern accepts applications for scholarships from both domestic and international students. The scholarship awarded to selected students ranges from partial to full tuition fees. The Dean’s scholarship is the most prestigious of the scholarships awarded and is given to the most meritorious and outstanding students.
- EWC Graduate Degree Scholarships for Asia and the Pacific
The scholarship fellow provides funding for up to 24 months for international students who are studying at University of Hawaii and East West Center. The grant covers tuition fees, accommodation expenses, health insurance and other stipends/expenses.
- Aga Khan Foundation International Scholarship Programme
Awarded to outstanding students from developing countries, Aga Khan Foundation International Scholarship Programme offers selected students 50% grant and 50% on loan basis. Candidates are selected based on their academic profile and financial needs, with preference usually given to students under the age of 30 years.
- AAUW International Fellowships in USA for Women
The fellowship awards female students who are not citizens or permanent residents of USA and have an intention to return to her home to pursue a professional career. For MBA degree, a selected candidate is awarded $18,000 as grant.
Application process of the above scholarships usually happens before admission to the college or as soon as the admission process is over. The application process usually happens once in a year. So, students should always be up-to-date with the deadlines for application and the requirements.
Hasib is a foodie and an avid reader with the same voracious appetite. Passionate about writing, his articles are based upon current education scenario and guides students in their career decisions. An existentialist, he is still on the search for the real purpose of life. Reach him @ twitter, Google+, LinkedIn