MBA Scholarships At The Leading Business Schools

SCHOLARSHIPS AT THE LEADING U.S. BUSINESS SCHOOLS

  1. The Wharton School at the University of Pennsylvania

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes 
    • International students eligible for college-funded aid: Yes 
    • Types of funding options: 
    • Website

The Charles M. Harper Center at Chicago Booth The Charles M. Harper Center is the global headquarters of the University of Chicago Booth School of Business, home to our faculty, leadership, and many of our administrative, program, and research center offices. The designers of the 415,000-square-foot building—completed in 2004—took their inspiration from Frank Lloyd Wright’s world-famous Robie House and the university’s iconic Rockefeller Chapel, each across the street from Booth’s Hyde Park campus. The building features a continuous band of windows, providing the interior with an abundance of natural light, as well as the six-story Rothman Winter Garden in the center of the building, which is topped by curved steel beams that form stunning Gothic arches. The Charles M. Harper Center The University of Chicago Booth School of Business 5807 S. Woodlawn Ave. Chicago, IL 60637 USA

  1. Chicago Booth School of Business

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes 
    • International students eligible for college-funded aid: Yes 
    • % of students who receive/average amount of aid received: Booth says this information is not publicly available but “Chicago Booth is pleased to have been able to increase the availability of hundreds of merit-based scholarships, removing many financial barriers, and making the school more accessible to deserving and accomplished students from all communities.”
    • Types of funding options: 
      • Merit-based scholarships
        • Considers all Booth students, no application required 
        • Chosen based on academic merit, prospective concentration, the quality of the interview, competitiveness, career goals, and life experiences.
      • Global Innovator Fellowships
        • Similar to merit-based awards, there is no additional application process for these fellowships—all applicants are considered and decisions are based solely upon the information provided within the application.
      • Industry awards: 3
      • Leadership awards: 4 
      • Military awards: 2
        • David W. Fox Scholarship
        • Yellow Ribbon Program that offers no maximum match. 
      • Regional awards: 7
      • Awards for second-year students: 2
    • Website

  1. Stanford Graduate School of Business

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes 
    • International students eligible for college-funded aid: Yes 
    • Average amount received: The average Stanford GSB fellowship for the class of 2023 was approximately $44,000 per year or $88,000 in total awards based on need-based fellowships. 
    • Types of funding options: 
      • Fellowships: 414
      • Teaching assistantships: 41
      • Research assistantships: 4
      • Knight-Hennessy Scholars Program: 100 students 
      • Stanford GSB Bold Fellows Fund: Furthers Stanford University’s commitment to diversity and inclusion by augmenting Stanford GSB’s financial aid for MBA students with financial hardship and a commitment to the advancement of diversity, equity, and inclusion.
    • Website

Kellogg Extends Test Waiver Through Round 3, Continuing Its Overture To Tech

  1. Northwestern Kellogg School of Management 

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes 
    • International students eligible for college-funded aid: Yes 
    • % of students who receive aid: 62% of Kellogg full-time MBA students have some form of financial aid whether it’s a loan or a scholarship.
    • Website

Harvard Business School

  1. Harvard Business School 

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes 
    • International students eligible for college-funded aid: Yes 
    • % of students/Average amount of aid received: About 50% of Harvard MBA students receive a need-based award, with awards ranging from $2,500 to $76,000 per year. The average annual need-based scholarship in 2022 was $42,000, or $84,000 over two years.
    • Need-based tuition assistance: 10% receive full-tuition scholarships. 
    • Fellowships: 9 
    • Summer fellowships: 2 
    • Website

Sloan Fellows: An Elite Mid-Career Degree At Three World Class B-Schools

  1. MIT Sloan School of Management 

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes 
    • International students eligible for college-funded aid: Yes 
    • Fellowships: Merit-based 
      • Criteria includes academic excellence, professional achievements, potential to enhance MIT Sloan community. 
    • Fellowships upon admission: 101
      • Students will be considered for these fellowship awards automatically, depending on their eligibility, and do not need to submit an additional application. Students are typically informed if they have received a fellowship upon notification of admittance to the school. This applies to U.S. citizens, permanent residents, and international students
    • Fellowships requiring separate applications: 11
    • Website

Architectural and exterior photography of Henry R. Kravis Hall and David Geffen Hall, by photographer Iwan Baan Stock photos of CBS Manhattanville campus

  1. Columbia Business School 

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes 
    • International students eligible for college-funded aid: Yes 
    • Fellowships: 989 
    • Teaching assistantships: 1,018
    • Research assistantships: 74
    • Merit-based awards: Highly competitive and highly selective. 
    • Need-based awards: Open to all students. 
      • “Award amounts range from $10,000 to $30,000 for those who qualify and based on funds available (amounts can sometimes be higher in certain circumstances). Of those who apply, about half receive a need-based scholarship and the average award is approximately $20,000 for those selected. Although the percentage of recipients is high, students should not assume they will be awarded a need-based scholarship as these awards are not guaranteed. Awards are generally renewed for the second year of study.”
      • Offers partial-tuition scholarships to many qualified candidates, both domestic and international. Scholarships are mostly need-based; however, certain named scholarships have a merit component or have specific criteria designated by the donor.
    • Scholarship List 
    • Website

Yale SOM

  1. Yale School of Management 

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes
    • International students eligible for college-funded aid: Yes 
    • % of students who receive aid: 54%
    • Merit-based scholarships
      • All applicants are automatically considered for merit-based scholarships. No separate application is required.
    • Website

Dartmouth Tuck Offers GMAT/GRE Waivers For Laid-Off Workers

  1. Dartmouth Tuck School of Business

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes
    • International students eligible for college-funded aid: Yes 
    • % of students who receive aid: 75%
    • Average amount received: Tuck scholarships range from $10,000 to full tuition, with the average being $30,065 per academic year.
    • Website: Tuck scholarship awards “are made possible through the generosity of Tuck alumni, corporations, and nonprofit foundations. There is no separate application process for Tuck scholarships.”

UC-Berkeley Haas School of Business. Courtesy photo

  1. UC-Berkeley Haas School of Business

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes
    • International students eligible for college-funded aid: Yes 
    • Overall awarded $13 million in scholarships in 2022
    • Fellowships: 533 
    • Teaching assistantships: 263
    • Research assistantships: 46 
    • Supplemental scholarships
    • Website: Merit-based scholarships 

University of Michigan, Ross School of Business

  1. Michigan Ross School of Business

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes
    • International students eligible for college-funded aid: Yes 
    • “Awards are based on academic ability, professional and personal achievements, and potential to contribute to our community.” Scholarships range from $10,000 to full tuition.
    • Fellowships: 121 
    • Teaching assistantships: 14
    • Research assistantships: 61
    • Merit-based scholarships: over 200 
    • Dean’s Fellows: Awarded full scholarships 
    • Website

Breeden Hall at Duke University's Fuqua School

  1. Duke Fuqua School of Business

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes
    • International students eligible for college-funded aid: Yes 
    • Merit-based scholarships: Criteria for selection: Prior academic achievement, Demonstrated leadership qualities, Involvement in the community, Extracurricular activities, Professional accomplishments
    • Scholarships funded by Fuqua and other corporate sponsors 
    • Website

Cornell Johnson’s Growth And Sustainability Mindset .. Enrollment at Cornell Johnson College of Business has grown 20% over the last two years. Courtesy photo

  1. Cornell Johnson Graduate School of Management 

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes 
    • International students eligible for college-funded aid: Yes 
    • % of students who receive some aid: 35%
    • $1.5 million merit-based funding available per year. Awards over $14 million in scholarships each year to new students. 
    • Park Leadership Fellowships: Provide 25 full-time tuition awards each year. 
      • Park Fellows are selected on the basis of demonstrated leadership abilities, a record of community service, and academic achievement. Park Leadership Fellowships are only open to U.S. citizens who have applied to the Two-Year MBA program by round three.
    • Aid-funded teaching assistantships or research assistants: No, they are paid hourly 
    • Website: Scholarships and Grants

The Forum at the Darden School of Business

  1. Virginia Darden School of Business 


Some 21% of NYU Stern's part-time MBA students this fall chose the school's new online/modular format, a mix of online and in-person classes. Courtesy photo

  1. New York Stern School of Business

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes
    • International students eligible for college-funded aid: Yes 
    • % of students who receive aid: 20-25%
    • Average amount received: majority of scholarships are full or half tuition awards 
    • Fellowships: 427
    • Teaching assistantships: 1,247
    • Research assistantships: N/A
    • Merit-based scholarships 
    • Website

The iconic School of Business Anderson Hall, formerly the Citrus Experimentation building, constructed in 1917.

  1. UCLA Anderson School of Management 

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes
    • International students eligible for college-funded aid: Yes 
    • The total fellowship award amount is up to $30,000, disbursed in quarterly installments.
    • The UCLA Anderson FEMBA Dean’s Fellowship is awarded to new admits based on the strength of their admission applications and financial need
    • Website

  1. Southern California Marshall School of Business 

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes
    • International students eligible for college-funded aid: Yes 
    • % of students who receive aid: (Fall 2021) 2/3 received aid, 20% received merit-based aid, 75% of aid is in the form of gift aid that doesn’t need to be repaid. 
    • Website

  1. Texas-Austin McCombs School of Business 

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes
    • International students eligible for college-funded aid: Yes 
    • Offers scholarships ranging from cash to out-of-state/international tuition waivers from $2,000 to full-tuition awards.
    • Offers 2nd-year MBA scholarships 
    • Teaching/assistantships available but limited on availability
    • Website

Kenan-Flagler Business School's MBA@UNC Online MBA came in second place in the Princeton Review ranking

  1. North Carolina Kenan-Flagler Business School

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes
    • International students eligible for college-funded aid: Yes 
    • % of students who receive aid: 50%, some receive full coverage
    • Fellowships: 174
      • Premier Fellowships: Premier fellowships, the most prestigious awarded to students in the Full-Time MBA Program, provide full annual tuition and fees, a $5,000 stipend, and inclusion in a fellows-only resume guide.
      • Full-tuition fellowships 
      • Partial tuition fellowships 
      • Individual awards
      • MBA Veterans Scholarships 
    • Website

University of Washington Michael G. Foster School of Business

  1. Washington Foster School of Business 


  1. Emory Goizueta Business School

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes
    • International students eligible for college-funded aid: Yes
    • Fellowships: 40
    • Teaching assistantships: 300
    • Research assistantships: 35
    • Robert W. Woodruff Scholars: Emory offers four Woodruff Scholarships, the Goizueta School’s most prestigious named scholarship, which includes full MBA tuition and fees and an annual $15,000 stipend guaranteed for the length of the Full-Time MBA degree. Woodruff Scholars are also invited to participate in the Scholars Academic Program.
    • Named Scholars, Goizueta Scholars, Other Named Scholarships provided to MBAs, Rosemary and John Brown Family Scholars Program 
    • Military Scholars: The Goizueta Business School Military Fellowship recognizes one or more current Goizueta MBA students with a fellowship and financial stipend up to $10,000 for each student to serve in a formal role to support the Goizueta Business School in its military recruiting efforts for all graduate level programs (MBA, MS Business Analytics, Master of Analytical Finance).
    • Website

Kelley On Campus

  1. Indiana Kelley School of Business 

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes
    • International students eligible for college-funded aid: Yes 
    • % of students who receive merit-based aid: 50%
    • Average amount received: $10,000 or up to full-tuition
    • Fellowships: 275
    • Website: Tuition, Financial Aid & Scholarships: Dean’s Fellowships, Forte’s Fellowships, Global Fellowships, Kelley School of Business Merit Fellowship, ROMBA

  1. Washington at St. Louis Olin Business School 

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes
    • International students eligible for college-funded aid: Yes 
    • Institutional Scholarships & Fellowships (additional application required):
      • Milford and Leona Bohm Scholarship, Mr./Mrs. Spencer Olin Fellowship For Women, Reaching Out LGBTQ+ MBA Fellowship, US Military Veterans, Entrepreneurship Fellowship, Forté Fellowship, McDonnell International Scholars Academy
    • Website

  1. Carnegie Mellon Tepper School of Business 

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes
    • International students eligible for college-funded aid: Yes 
    • Website: Varied Scholarships as well as all MBAs are considered for a Tepper School Scholarship at the time of the admission based on the overall strength of the admissions applications.

The new M.S. in Environment and Sustainability Management at Georgetown University is a cross-disciplinary program that combines business and environmental science. Georgetown photo

  1. Georgetown McDonough School of Business 

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes
    • International students eligible for college-funded aid: Yes 
    • % of students who receive aid: 43% were awarded funding in 2021
    • Website: Varied Scholarships 

  1. Georgia Institute of Technology Scheller College of Business 

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes
    • International students eligible for college-funded aid: Yes 
    • % of students who receive aid: Each year, more than half of incoming Full-time MBA students receive funding in the form of graduate research assistantships or fellowships.
    • Fellowships: 30
      • Forte, National Black MBA Association, Prsopanica, Reaching Out MBA Fellowship, René A Simon Faculty 
    • Teaching Assistantships: 20
      • Graduate assistants work with faculty and staff members for up to 14 hours per week in exchange for a monthly salary and tuition reduction. The estimated value of an assistantship may be as high as $93,000 depending on the type of award and residency status.
    • Research Assistantships: 20
    • Website

Vanderbilt’s Management Hall, Home to the Owen Graduate School of Management

  1. Vanderbilt Owen Graduate School of Management 
    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes
    • International students eligible for college-funded aid: Yes 
    • Average amount received: Ranges from $5,000 per year to full-tuition
    • Merit-based funding: 
      • All applicants are automatically considered for merit-based scholarship at the time of admission. Scholarships are awarded based on academic achievement, potential for excellence in a management career, leadership potential, extracurricular activities, application strength and potential to contribute to our community.
    • Dean’s Scholars Program & OneOwen Inclusion Award 
    • Four Fellowship Opportunities: Forte, National Black MBA Fellowship, Prospanica Fellowship, ROMBA Fellowship
    • Website: Student Office of Financial Aid

September 28, 2017; Fall foliage over the Main Quad with the Main Building and Basilica of the Sacred Heart bathed in early morning light. (Photo by Barbara Johnston/University of Notre Dame)

  1. Notre Dame Mendoza College of Business 

    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes
    • International students eligible for college-funded aid: Yes 
    • % of students who receive aid: 97% of the Two-Year MBA Class of 2022 were awarded a scholarship.
    • Merit-based scholarships: Recipients are selected for these scholarships based on academic performance, prior work experience, GMAT or GRE scores, leadership potential, letters of recommendation, and each applicant’s personal statement. Applicants can indicate their desire to be considered for a scholarship on their application.
    • Need-based scholarships: Applicants can request need-based financial aid to fund their MBA experience. During the application, you will be able to indicate your interest in scholarships based on your financial need.
    • Fellowships: 135… Meyer Fellows, Brogan Fellows, Forte Fellows
    • Military-related aid: Yellow Ribbon (Notre Dame is proud to participate in the Yellow Ribbon Program, which offers significant benefits to qualifying veterans. For veterans who are 100% eligible, the University will contribute $17,500 to be matched by the VA, which is above the GI Bill® Private School reimbursement. This total amount can exceed full tuition and can also include other benefits such as books and additional stipends.)
    • Teaching/research/assistantships: 0 
    • Website

Built in 2002, McNair Hall was designed by Robert A. M. Stern, the award-winning architect and dean of the Yale School of Architecture to match the collegiate and homey feel of the Rice University campus. Photo Cred: Jones Graduate School of Business

  1. Rice Jones Graduate School of Business 
    • College-funded aid (fellowships, assistantships, grants or scholarships) available: Yes
    • International students eligible for college-funded aid: Yes 
    • Merit-based scholarships: When you apply for admission, we automatically consider your credentials for scholarship; there are no additional steps. We consider all applicants (both international and domestic) who demonstrate a superior record of academic merit and professional accomplishment.
    • External Scholarships: Unfortunately, third-party scholarships for graduate students aren’t common. But we’ve compiled a small list of external scholarship resources for you to explore. We update the list as we become aware of outside scholarship new opportunities.  
    • Military-based funding: your Chapter 33 annual cap has been exhausted, we will cover 50% of the remaining charges with a Yellow Ribbon Scholarship and the VA will match our 50% contribution. With a combination of your GI Bill benefits and Yellow Ribbon contributions, 100% of your MBA program costs can be covered!
    • Website

30. Rochester Simon Business School 

DON’T MISS THIS IS WHAT IT COSTS TO GET AN MBA FROM A TOP BUSINESS SCHOOL and MINORITIES AT THE LEADING U.S. MBA PROGRAMS: 2/3 OF THE TOP 30 REPORT DECLINES

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