Stanford GSB | Mr. Airline Developer
GMAT 710 (planning a retake), GPA 3.48
Harvard | Mr. First Gen Consultant
GMAT 710, GPA 4.0 (First Class Honours)
Harvard | Mr. Big 4 Auditor
GMAT 740, GPA 3.55
Stanford GSB | Mr. JD Explorer
GRE 340, GPA 3.5
Columbia | Mr. Global Healthcare
GMAT 740, GPA 4.0
Georgetown McDonough | Mr. Automotive Project Manager
GMAT 680, GPA 3.5
NYU Stern | Mr. Honor Roll Student
GRE 320, GPA 3.1
Tuck | Mr. First Gen Student
GMAT 740, GPA 3.0
Stanford GSB | Ms. Healthtech Venture
GMAT 720, GPA 3.5
Chicago Booth | Mr. Bank AVP
GRE 322, GPA 3.22
UCLA Anderson | Ms. Apparel Entrepreneur
GMAT 690, GPA 3.2
MIT Sloan | Mr. AI & Robotics
GMAT 750, GPA 3.7
Tuck | Mr. Liberal Arts Military
GMAT 680, GPA 2.9
Stanford GSB | Mr. Social Entrepreneur
GRE 328, GPA 3.0
Wharton | Mr. Industry Switch
GMAT 760, GPA 3.95
Stanford GSB | Mr. Irish Consultant
GMAT 710, GPA 3.7
McCombs School of Business | Mr. Marine Executive Officer
GRE 322, GPA 3.28
Harvard | Ms. Developing Markets
GMAT 780, GPA 3.63
Harvard | Mr. Policy Player
GMAT 750, GPA 3.4
Wharton | Mr. Future Non-Profit
GMAT 720, GPA 8/10
Duke Fuqua | Mr. Tough Guy
GMAT 680, GPA 3.3
Harvard | Mr. CPPIB Strategy
GRE 329 (Q169 V160), GPA 3.6
Harvard | Mr. Defense Engineer
GMAT 730, GPA 3.6
Chicago Booth | Mr. Unilever To MBB
GRE 308, GPA 3.8
Kellogg | Mr. Double Whammy
GMAT 730, GPA 7.1/10
Stanford GSB | Mr. Infantry Officer
GRE 320, GPA 3.7
McCombs School of Business | Mr. Ernst & Young
GMAT 600 (hopeful estimate), GPA 3.86

Top Ten Schools In MBA Scholarships

On Harvard Business School's sprawling campus

On Harvard Business School’s sprawling campus

A veritable deluge of money is raining down on MBA students, but never before this year had the downpour been quantified. The numbers are staggering. Take this one: the 10 schools that spend the most on MBA scholarships are giving students more than $150 million per year.

Because of the extremely competitive environment in which business schools operate and squabble over students, many institutions are reluctant to make public the details of their scholarship spending. A few are willing to hand over the information. Some publicize limited data. Others strive to keep all scholarship spending numbers top secret.

Until Poets&Quants this year published a groundbreaking series on MBA scholarships, featuring a detailed breakdown of scholarship spending by the nation’s top 25 business schools, there was no single place to go to find out who’s spending how much on scholarships, how many students are benefiting, and how much money students are receiving.

A BRAND NEW RESOURCE FOR MBA APPLICANTS

In an exhaustive three-month investigation, Poets&Quants sifted through publicly available data, cajoled business school officials into coughing up historically unreleased data points, and obtained information from business school insiders to produce a comprehensive scholarship-spending list that allows MBA applicants and students to measure schools’ largesse one against another, to calculate their chances of obtaining scholarships, to get a handle on what support might accompany an admission offer from a particular school, and to see which schools are digging deepest to enroll the best candidates.

In the seven-part Poets&Quants scholarship series, we detail the all-out war among B-schools over students. We reveal the tactics that work – and those that backfire miserably – during negotiations over scholarship funding. We describe trends in scholarship spending, and highlight the categories of applicants who have the best chances for receiving money. And we show, through a profile of a Harvard Business School MBA who rose from poverty to bio-science entrepreneurship, the power of a scholarship to transform a life. Links to the series are below.

TOP TEN BUSINESS SCHOOLS FOR MBA SCHOLARSHIPS

SchoolTotal Scholarships% of Gross TuitionAverage Grant% of MBAs on Scholarship
Harvard Business School$31.5 million28.6%$32,00050%
Penn (Wharton)*$16.9 million*14.8%$30,50033%
Chicago (Booth)*$16.3 million*22.6%$30,00060%
Stanford GSB$15.7 million31.0%$35,83052%
Michigan (Ross)*$15.4 million27.5%$22,36048%
New York (Stern)$12.8 million26.8%$26,400*62%*
UCLA (Anderson)$12.1 million22.4%$25,86065%
Northwestern (Kellogg)$11.8 million27.9%$22,80035%
Columbia Business School*$10.1 million12.5%$20,50046%
Virginia (Darden)*$8.4 million23.4%$30,80043%

Source: Poets&Quants from business school reports

Notes: An asterisk denotes estimates by Poets&Quants based on interviews with rival business school administrators and admission consultants

DON’T MISS: THE POETS&QUANTS SCHOLARSHIP SERIES:

THE MBA SCHOLARSHIP WARS: AN OFTEN FRENZIED PURSUIT FOR THE BEST STUDENTS

MBA SCHOLARSHIPS AT TOP BUSINESS SCHOOLS

HOW NOT TO HAGGLE FOR SCHOLARSHIP CASH

WHAT KINDS OF STUDENTS WIN THE SCHOLARSHIP GAME?

HOW AN MBA SCHOLARSHIP CAN TRANSFORM A LIFE

CONSULTANTS HYPE MBA SCHOLARSHIP CASH

SCHOLARSHIPS: WHY MANY FAIL TO NEGOTIATE