Gain access to quality affordable education with schools Offering MBA Scholarships in the US. With the ever-increasing cost of living, continuing education has become a challenge. Therefore, many higher institutions offering MBA programs provide financial aid to students.

Some Universities award MBA scholarships to meet financial needs or reward academic excellence. To ease the financial burden of an MBA program, apply to higher institutions offering scholarships. This article provides information about Universities to study for an MBA with scholarship in the US. Other details include the value, requirements, and how to apply for the scholarship.

With this, let us find out 10 Higher Institutions in the US offering scholarships for MBA Programs. Keep reading to find out.

List of Schools Offering MBA Scholarships In The US 

Securing admission to Schools Offering MBA Scholarships In The US is a game changer that gives one access to opportunities. Here are 10 Higher Institutions offering MBA with Scholarships in the US.

• University of Chicago Booth School of Business
• John Hopkins University MBA scholarship
• New York University 
• Columbia Business School awards partial scholarship 
• University of Michigan Ross’s School of Business
• Stanford Graduate School of Business
• Simon Business School University of Rochester
• Harvard Business School 
• Vanderbilt University Owen Graduate School of Management 
• McDonough School of Business Georgetown University: Consortium Scholarship 

Let us dive deep into the Universities Offering MBA with Scholarships in the US

University of Chicago Booth School of Business

One of the Schools offering MBA scholarships in the US is Booth School of Business. This business school is at the University of Chicago offering scholarships to prospective full-time MBA students. As such, MBA admission applicants do not need to make an application for the scholarship.

New MBA students at the University of Chicago receive any of these financial aid

• Forté Foundation Fellowship
• A. H. Tobaccowala Fellowship
• Zmijewski Scholarship
• Chicago Booth Opportunity Scholarship
• Dennis W. and Jane B. Carlton Fellowship
• The Nelson Germanos Fellowship
• Canfield Private Equity Fellowship
• Ehara Scholarship
• Ramakrishnan Family Scholarship
• David W. Fox Scholarship
• Herman Family Fellowship for Women Entrepreneurs
• Distinguished Fellowship
• Global Innovator Fellowships
• Marvin Zonis International Scholarship
• He Family Scholarship
• Kilts Fellowship

The value of the merit scholarship for each MBA student at the University of Chicago varies. This is because of certain factors. These factors include competitiveness, the application content, response in the interview, academic record, experiences, and career goals.

Johns Hopkins Carey Business School

Carey Business School is among the Higher Institutions in the US that offer scholarships for MBA Programs. The outstanding reason to consider Johns Hopkins Carey Business School is its wide range of MBA scholarships. Hence, giving you options to choose from as a full-time or flexible domestic and international student.

As a prospective MBA student at Johns Hopkins, you can benefit from either of these scholarships

• Carey Business Fellowship
• Dean’s Scholarship
• Baltimore Business Scholarship
• Forte Fellowship
• Baltimore Scholars Fellowship

One accesses the Johns Hopkins MBA scholarship after meeting the requirements. In addition, some of the scholarships are based on need, academic excellence, and other criteria. Whether you are a resident or doctoral student at Johns Hopkins applying for an MBA, there is financial aid for you. Carey Business School is one of the liaising institutions with the Forte Foundation.

New York University Stern School of Business (NYU-Stern)

Leonard N. Stern School of Business at New York University offers merit-based scholarships. Most of the scholarships cover the tuition. However, only a quarter of the Prospective MBA students receive the scholarship. MBA program applicants are eligible for the merit-based scholarship. Therefore, there is no need to apply for the school’s scholarships.

The MBA Scholarship at NYU Stern covers tuition fully or partially. Notwithsatanding, the value of the scholarship can change in subsequent years. Applicants at NYU Stern are eligible for the following funding opportunities.

• Named faculty Scholarship
• Dean’s Scholarship
• Consortium fellowship
• Fertitta Veterans MBA Scholarship
• Forte Scholarship
• Elizabeth Elting Advancing Women’s Leadership Fellowship 
• William R. Berkley Scholarship
• ROMBA Scholarship

Aside from the above, there are other general scholarships you can still benefit from. To avoid the stress of applying for an MBA scholarship after admission, consider attending NYU Stern.

As a veteran seeking MBA financial aid, check out the New York University MBA program.

Columbia Business School awards partial scholarship 

Securing an MBA with a Scholarship in the US is obtainable at Columbia Business School. Whether you are a domestic or international student, both are eligible for MBA funding. Columbia Business School offers need-based scholarships to new students. The scholarship value is not fixed. Although, it is usually between $10,000 – $30,000 or even higher. It depends on the funding available.

Scholarships at Columbia Business School cover tuition partially. The Admission Committee also offers merit scholarships for new students. Many new students receive the need-based scholarship at Columbia Business School each year. Applying for an MBA program at Columbia Business School gives you a chance to receive financial aid.

New students at Columbia Business School must make a separate application for the need-based scholarship.

University of Michigan Ross’s School of Business

At the Ross School of Business, all new MBA students are eligible for scholarships. Therefore, there is no separate application for the scholarships. The scholarship ranges from $10,000 to full tuition.

The scholarship value of MBA students at the University of Michigan varies. In awarding the scholarship, there is consideration for the applicant’s professional and personal achievements. Other factors include the individual’s potential contribution to the community and academic excellence.

Some of the Scholarships for MBA at the University of Michigan come with stipends. The MBA Scholarships include

• Dean’s program
• Health Innovation Scholars program 
• Dean’s Impact Scholars 
• Forte MBA Scholarship
• The Miguel Andrés Sossa-Mardomingo (MÁS) Scholarship Fund
• ROMBA LGBTQIA2S+ Fellowship
• The Consortium
• Erb Institute Scholarships
• Tauber Institute for Global Operations Scholarships
• Yellow Ribbon Program
• True Grit

You can access full tuition scholarships for international students in USA at the University of Michigan Ross School of Business.

Stanford Graduate School of Business

Stanford Graduate School of Business offers financial aid to lower the cost of the MBA program and other expenses.

Both domestic and international MBA students can apply for scholarships at Stanford.

Stanford Graduate School of Business offers the following scholarship opportunities

• Stanford GSB BOLD Fellows Fund
• Stanford GSB Need-Based Fellowships
• Stanford Knight-Hennessy Scholars Program
• Career Support

Simon Business School University of Rochester

Full-time MBA students at Simon Business School University of Rochester access different funding.

There are set eligibility criteria you must meet to get an MBA Scholarship at Simon Business School. Beyond your academic performance, other important factors are put into consideration. The factors include leadership attributes, community impact, professional experience, and extracurricular participation.

Check out these MBA scholarships at Simon Business School at the University of Rochester

• Fielding Leadership Fellowships
• Forté Fellowships
• Other named awards
• Consortium Fellowships

The Fielding Leadership Fellowships offer full tuition and an annual stipend to students.

Harvard Business School 

Starting your MBA journey at Havard can be expensive. However, applying for scholarship opportunities at Havard can reduce the financial load to 50% New students can access need-based or merit scholarships. While students receive admissions based on merit, scholarships are solely on a need base.

Scholarship recipients at Harvard Business School receive an average of $93,000 for both years of study. The students receive half of the total financial support each year. However, each student’s scholarship package differs. Aside from the need-based financial aid, students can receive other scholarships from Havard. Students access these other scholarships when they meet specific criteria.

Other additional scholarships at Havard Business School are

• Junior Achievement Fellowship
• George Leadership Fellowship
• Forward Fellowship
• Horace W. Goldsmith Fellowship
• John H. McArthur Canadian Fellowship
• Harvard University General Scholarships
• RISE Fellowship

Vanderbilt University Owen Graduate School of Management 

Owen Graduate School of Management at Vanderbilt University offers scholarships and fellowships to MBA students. The school’s merit-based scholarship awards at least $10,000 to qualified students. Some students even receive up to full tuition. You do not need to apply for the new scholarship as all the new students are eligible for it.

The merit scholarship value differs on the basis of leadership and career potential, academic excellence, extracurricular activity, and potential contribution to the community. There are other additional scholarships for MBA students aside from the merit-based scholarship. Interested students are to apply additional for them.

These other financial aid for MBA students at The Vanderbilt University include

• Named Scholarship Award – Dean’s Scholars Program
• Forte Fellowship
• ROMBA fellowship

Owen Graduate School of Management and Ross School of Business offers one of the best full tuition scholarships in USA for MBA.

McDonough School of Business Georgetown University

Are you seeking a school offering a scholarship for a part-time MBA Program? McDonough School of Business is a great choice.

McDonough School of Business is among the business schools offering scholarships for the part-time flex MBA Program. Also, full-time MBA students have scholarships that cater for them. Some of the MBA Scholarships available at Georgetown University include

• Dean’s Fellowship 
• Forte Fellows Program 
• Modus Create Endowed MBA Scholarship
• Georgetown MBA Merit Scholarship
• Admit.me Access
• The Segal AmeriCorps Education Award
• Reaching Out MBA Fellowship
• Office of Graduate Fellowships & Awards
• Steers Center for Global Real Estate Scholarship
• The Consortium 

All the McDonough School of Business admission applicants are eligible for the school’s scholarships. As such, prospective students need to apply early for the program. MBA program applicants are not to make a separate application for the scholarship.

About half of the full-time McDonough MBA Students receive $22,000 in financial aid on average. More than a quarter of part-time MBA students receive $10,000 funding on average. McDonough School of Business offers one of the best online mba part time scholarship

In the USA, an MBA program lasts for two years. Many partnering schools with the Forte Foundation offer MBA scholarships. If you are a woman with excellent academic records, advocating for women and girls, and possessing strong leadership ability, consider applying for Forte Foundation Scholarships.

Explore other global Scholarships today!

Frequently Asked Questions 

What business schools offer scholarships to International Students for their full-time MBAs?

The following business schools offer scholarships to International Students for their full-time MBAs University of Chicago Booth School of Business, John Hopkins University MBA scholarship, New York University (NYU Stern), Columbia Business School awards partial scholarship, University of Michigan Ross’s School of Business, Stanford Graduate School of Business, Simon Business School University of Rochester, Harvard Business School, Vanderbilt University Owen Graduate School of Management, and McDonough School of Business Georgetown University.

Can I get a Scholarship for MBA in USA?

Yes, you can get scholarship for a full-time MBA