Pursuing an online MBA at a prestigious US university is one of the best ways to advance in your career and raise your income. However, the cost of an online MBA can be high, especially for international students.
Thankfully, there are numerous scholarships available to help international students pay for their online MBA studies. The following are the top nine online MBA scholarships for non-native students offered in the US:
The Forté Foundation Fellowships 1.
Applying for the Forté Foundation Fellowships is open to women who are full-time MBA candidates enrolled in prestigious US business schools. The fellowships, worth $20,000 to $40,000, are awarded based on leadership potential, professional experience, and academic merit.
MBA Merit Scholarship Programmes
International applicants may submit an MBAmerit Scholarship application if they are enrolled full-time in prestigious US business schools. These $10,000 to $70,000 scholarships are awarded based on academic merit, professional experience, and financial need.
Fulbright-Hayes Scholarships
International applicants may submit a Fulbright-Hays Scholarship application if they are enrolled full-time in prestigious US business schools with an MBA programme. Scholarships worth $10,000 to $70,000 are awarded based on leadership potential, professional experience, and academic merit.
The fourth is the International Scholarship Programme of the Aga Khan Foundation.
The Aga Khan Foundation International Scholarship Programme awards scholarships to international students from developing countries for full-time MBA programmes at esteemed business schools across the world, including several in the US. The scholarships pay for living expenses, tuition, and fees in full.
The Global Scholarship Programme of the Rotary Foundation
With scholarships from the Rotary Foundation Global Scholarship Programme, international students can apply to prestigious business schools all over the world—including a few in the US—for full-time MBA programmes. The scholarships pay for living expenses, tuition, and fees in full.
Skoll Foundation MBA for Social Impact Scholarships
The Skoll Foundation MBA for Social Impact Scholarships are open to international students enrolled full-time in esteemed US business schools. The recipients of the $20,000–$40,000 scholarships will be selected based on their commitment to social impact, professional experience, and academic merit.
Walton International Scholarship Programme
The Walton International Scholarship Programme is open to international students enrolled full-time in the Sam M. Walton College of Business at the University of Arkansas. The scholarships pay for living expenses, tuition, and fees in full.
The Initiative for Yale Silver Scholars
The Yale Silver Scholars Programme provides full-time MBA scholarships to international students enrolled full-time at the Yale School of Management. Scholarships worth $20,000 to $40,000 are awarded based on leadership potential, professional experience, and academic merit.
The Harvard Business School Dean’s Scholarship Abroad
International applicants may submit a Dean’s International Scholarship application if they are enrolled full-time in the MBA programme at Harvard Business School. The scholarship pays for living expenses as well as tuition and fees. To apply, click here
How to Apply for Online MBA Scholarships
Generally speaking, to apply for online MBA scholarships, you need to send in the following paperwork:
- An application format
- A self-transcript statement containing all of your undergraduate and graduate coursework, as well as your GMAT or GRE scores
- Test results from the TOEFL or IELTS
- Recommendation letters for non-native English speakers
Some scholarships might have additional requirements in addition to these fundamental ones, like a minimum GPA or a certain amount of professional experience. It is imperative that, prior to submitting an application, you carefully review the requirements for each scholarship.
Some Guidance on How to Apply for Online MBA Scholarships
Some guidelines for securing online MBA scholarships are provided below:
Set a deadline for your search: There are several online MBA scholarship deadlines each year, so it’s imperative to start looking early to make sure you have enough time to submit your application.
Set yourself up: Make sure you are aware of all the requirements and deadlines for each scholarship you apply for.
Customise your application for every grant: Take the time to create a distinctive personal statement and secure recommendation letters for each scholarship you apply for.
Make sure you proofread your applications thoroughly: Make sure there are no typographical or grammatical errors in any of the applications you submit.
In summary
Winning an online MBA scholarship can help you advance your career and obtain funding for your education. Applying the tips in this article will increase your chances of receiving an online MBA scholarship.