Harvard | Ms. Risk-Taker
GRE 310 (to retake), GPA 3 (recalculated)
HEC Paris | Ms. Freelancer
GMAT 710, GPA 5.3
Harvard | Mr. Hedge Funder
GMAT 790, GPA 3.82
Stanford GSB | Mr. Healthcare AI
GRE 366, GPA 3.91
INSEAD | Ms. Social Business
GMAT 750, GPA 4.0
Chicago Booth | Mr. Non-Profit Latino
GMAT 710, GPA 3.06
Harvard | Mr. Fresh Perspective
GRE 318, GPA 3.0
USC Marshall | Mr. Supply Chain Guru
GMAT GMAT Waiver, GPA 2.6
Kellogg | Mr. Danish Raised, US Based
GMAT 710, GPA 10.6 out of 12
Harvard | Mr. Green Energy Revolution
GMAT 740, GPA 3.4
Harvard | Mr. MPP/MBA
GRE 325, GPA 3.6
Harvard | Ms. Analytical Leader
GMAT 760, GPA 3.9
Stanford GSB | Mr. MBB to PM
GRE 338, GPA 4.0
Stanford GSB | Mr. Technopreneur
GRE 328, GPA 3.2
Berkeley Haas | Mr. Hanging By A Thread
GMAT 710, GPA 3.8
London Business School | Mr. College Dropout
GMAT 690, GPA NA
Harvard | Mr. MBB Latino Engineer
GMAT 710, GPA 3.75
Stanford GSB | Ms. Top Firm Consulting
GMAT 710, GPA 3.7
INSEAD | Mr. Truth
GMAT 670, GPA 3.2
INSEAD | Mr. Powerlifting President
GMAT 750, GPA 8.1/10
Harvard | Mr. Mojo
GMAT 720, GPA 3.3
Ross | Mr. Law To MBA
GRE 321, GPA 3.77
Stanford GSB | Mr. Failed Startup Founder
GMAT 740, GPA 4
Wharton | Mr. African Impact
GMAT 720, GPA 3.8
Harvard | Mr. Sommelier
GMAT 710, GPA 3.62
Wharton | Mr. MBA When Ready
GMAT 700 (expected), GPA 2.1
Kellogg | Mr. AVP Healthcare
GRE 332, GPA 3.3

How To Secure MBA Scholarships

How To Secure MBA Scholarships

The MBA can be an expensive investment. That’s why it’s critical for applicants to get ahead of the scholarship application process to ensure they’re getting the best offer.

Fortuna Admissions recently discussed how applicants can successfully apply for MBA scholarships.

Start Early

To stay on top of scholarships, it’s important to start the application process as early as you can.

“As soon as you decide to apply for an MBA, start searching for private scholarships,” according to Fortuna. “Since you’ll likely only be enrolled for two years, you have less time to apply than you did as an undergrad (not to mention the hectic pace of your life as you juggle a job).”

Stacy Blackman, of Stacy Blackman Consulting, says applicants should start creating a financial aid plan at least three months before applying.

“You can count on fierce competition for scholarships – AKA free money – so you’ll benefit from having the time to create strong scholarship applications, and from knowing the key deadlines so that opportunities don’t pass you by,” Blackman writes.

Meeting Criteria

Fortuna recommends that applicants be clear about deadlines and ensuring eligibility prior to applying.

“Your time is too valuable—don’t waste your time applying for a scholarship you won’t receive.”

Blackman suggests applicants research the schools they were accepted into to see the scholarship opportunities available.

“Schools that offer you admission may automatically consider you for merit fellowships based on your academic credentials, accomplishments and experience communicated in your application,” she writes. “Some schools may also offer additional fellowships that you can apply for directly through the program.”

Telling a Strong Story

You’ll also have to convince a scholarship committee that you’re worthy of receiving scholarship money. That will all come down to how strong your story is.

“They want to hear about you, so make it personal,” Fortuna writes. “What have you accomplished and how? What are your goals, and why is the MBA vital for this next step in your career? Whatever it is, make sure you answer the essay question that is asked clearly and completely.”

In another piece, Blackman says, applicants should answer scholarships essay questions as thoroughly and succinctly as possible.

“The value of fellowships/scholarships should be fairly straightforward, though you may emphasize either need or merit in your response, depending upon the direction you plan to take in the argument for your own application,” she writes.

If the scholarship is merit-based, it’s important to highlight your achievements.

“With a merit-based argument, you should outline your accomplishments, both academic and professional,” Blackman writes. “Sell yourself as you would in a job interview, and provide solid evidence for your accomplishments as you did in your application essays.”

Sources: Fortuna Admissions, Stacy Blackman Consulting, Stacy Blackman Consulting