25 Best Scholarships for MBA Students

Whether you are coming directly from undergraduate school, or you’re a seasoned professional about to begin an Executive MBA program, navigating the world of scholarships and fellowships is a daunting task. Application requirements, deadlines, and eligibility rules change frequently, and staying apprised of the fluid mechanics of scholarships requires a significant time investment. Begin your research by investigating the following scholarship opportunities, which include awards set aside for ethnically diverse students, women, veterans, and both full-time and part-time students.

Post 9/11 GI Bill

For qualified veterans of the U.S. Armed Forces, your first research should go into exploring the potential benefits of this unique opportunity. Certain MBA programs will waive up to 80-100% of tuition for eligible military veterans. Get Info

Dean’s MBA Scholarships at Boston University School of Management

Admitted, full-time applicants to the Boston University School of Management are notified in their offers of admission if they have qualified for these awards ranging from $25,000 to $40,000 per year. Get Info

Jane M. Klausman Women in Business Scholarships

This generous scholarship of up to $7,000 is an excellent choice for women who are currently attending or planning to attend a graduate business school. Get Info

Business Achievement Award – Golden Key International Honor Society

Three of these are awarded each year based on responses given by applicants to a problem posed by the organization. All students studying business are eligible to apply. Get Info

LAGRANT Foundation Scholarship for Graduates

This award of $5,000 is perfect for minority graduate students who have maintained a GPA of at least a 3.2 during their studies. In order to be eligible for this scholarship, the student must be willing to commit for one year to receive professional guidance and academic support from the LAGRANT Foundation. Get Info

John F. Connelly MBA Scholarships at McDonough Business School

All applicants are automatically considered for awards that cover up to full tuition and extras upon submitting an application to the highly-regarded McDonough Business School at Georgetown University. Get Info

Premier MBA Fellowships at Kenan Flager – UNC

This full-tuition scholarship includes an additional stipend and is reserved for applicants who have exhibited an outstanding academic record in addition to career achievement and leadership potential. The cutting-edge backdrop of the North Carolina research triangle offers a unique environment in which to study contemporary business. Get Info

Executive MBA Scholarships for Women at London Business School

A tuition waiver of up to 50% is offered to superior female business leaders in the Executive MBA Program, providing the unparalleled opportunity to study amongst the diverse backdrop of the London business scene. Get Info

Social Innovation Fellowship at Stanford

All Stanford students in good academic standing are invited to apply and submit a proposal for a worthwhile and meaningful social business venture. Get Info

Howard E. Mitchell MBA Fellowships at Wharton Business School

Renewable annually, this full tuition scholarship to one of the most renowned business schools in the U.S. is offered to superior students of diverse backgrounds (African-American, American-Indian, Hispanic, and women). Get Info

McKinsey Scholarships at MIT Sloan

Open to all applicants of the full-time MBA program at MIT Sloan, candidates need only to express interest by checking a box on the school’s application to be considered for this $10,000 award given to outstanding students. Get Info

Government Finance Professional Development Scholarship

For part-time students who are also eligible employees of state and local government, this scholarship is reserved to prepare students to further their career in government finance. Get Info

Daniel B. Goldberg Scholarship

Like the Government Finance Professional Development Scholarship, this award serves to groom students for a career in government finance. The Daniel B. Goldberg Scholarship awards $12,000 to one full-time graduate student each year. Get Info

NCAA Postgraduate Scholarship

Students-athletes who have excelled academically and athletically can apply for this scholarship sponsored by the NCAA, which generally awards over 100 students with at least a 3.2 GPA $7,500 to continue their studies in graduate school. Get Info

American Association of university Women Selected Professions Fellowships

Fellowships ranging up to $18,000 are available to women in full-time Master’s degree programs in which women are traditionally underrepresented, including business. Get Info

UNCF/Koch Scholars Program for Graduate Students

Each year the UNCF sponsors four scholarships of up to $20,000 each open to graduate students enrolled in a full-time Master’s program at historically black colleges and universities. Accounting and Business are both eligible disciplines and applicants must have a minimum 3.0 GPA in order to qualify. Get Info

Harvard Business School Need-Based MBA Fellowships

The value of this scholarship varies depending on your/your spouse’s income over the most recent three-year period as well as assets over $100,000. This award is available to all full-time MBA students. Get Info

Forte Fellowship for Women at MIT Sloan

MIT Sloan automatically evaluates all full-time, female applicants to the MBA program for this variable award. Get Info

Paul and Daisy Soros MBA Fellowships for New Americans

These substantial scholarships are reserved for applicants who are of New American status and have not aged past their 31st birthday. The foundation seeks to reward candidates who have demonstrated a commitment to the non-profit sector and the values of the U.S. Constitution, and are seeking relevant graduate-level training. Get Info

Business Merit MBA Fellowships at Kelley School of Business

All first-year, full-time MBA students at the Kelley School of Business at Indiana University are eligible for this renewable, merit-based scholarship. Get Info

Langone Part-Time MBA Scholarship at Stern – NYU

This merit-based award is reserved specifically for part-time MBA candidates across all of the school’s part-time programs. $10,000 is available for the first academic year and all candidates are automatically considered. Get Info

Distinguished MBA Fellowships at Chicago Booth Business School

The prestigious Chicago Booth Business School at the University of Chicago offers these full-tuition scholarships plus a stipend to full-time candidates who are committed to making a difference via their careers. Get Info

The Consortium for Graduate Study in Management

The consortium is a significant source of scholarship funds for minority Americans, and provides awards for 18 participating graduate business schools. Candidates must complete a separate application and undergo an interview in order to be considered. Get Info

Brian Maxwell MBA Fellowship at Haas School of Business

Full-time MBA students at the University of California Berkeley must complete a personal statement answering three different questions to be considered for this renewable award worth $55,000 annually. Get Info

Peter L. Frechette Scholarship at Kellogg School of Management

The Kellogg School of Management evaluates all admitted applicants of the two-year MBA program for a full-tuition scholarship. Get Info

This list only scratches the surface of scholarships available for MBA students. Keep researching the myriad opportunities and find a scholarship that will put you on track for success in your MBA program and in your future career.