{
"@context": "https://schema.org",
"@type": "EducationalOccupationalProgram",
"name": "Harvard MBA Scholarships",
"provider": {
"@type": "CollegeOrUniversity",
"name": "Harvard Business School",
"url": "https://www.hbs.edu"
},
"financialAidEligible": "true",
"offers": {
"@type": "Offer",
"url": "https://www.mim-essay.com/harvard-mba-scholarships",
"description": "Explore the various types of scholarships available at Harvard MBA to fund your education. Learn about eligibility, application process, and tips to secure Harvard MBA scholarships.",
"priceCurrency": "USD",
"price": "Varies"
},
"applicationStartDate": "2024-09-01",
"applicationDeadline": "2024-12-15"
}
Please screenshot this page and send it to info@mim-essay.com
close
Harvard MBA Scholarships for International Students
✅ Need-Based Support: 50% of students get aid, averaging $46k/year (≈ $92k total for 2 years).
🎓 Full Tuition Awards: Top 10% of scholars receive full tuition scholarships worth $76k per year.
💰 Cost of Attendance: For 2025–26, the full cost is approximately $126k per year (tuition + living).
📊 Class Profile: Avg GMAT ≈ 730; ~50% international students; avg 5 years of work experience.
💼 Career Outcomes: 96% placed within 3 months; avg starting salary around $175k annually.
Introduction
Harvard College’s MBA program at Harvard Business School (HBS) is one of the top-ranked programs globally, known for its case-method teaching, diverse community, and leadership focus. It spans two years of immersive, real-world business education—designed to prepare students to shape industries and drive change.
If you're searching for Harvard MBA Scholarships, this guide is made for you. We explain how HBS offers need-based scholarships covering up to full tuition, what funding options are available for international students, and what the most recent aid statistics look like in 2025.
Types of Harvard MBA Scholarships
Harvard MBA scholarships tailored to meet the diverse needs of its MBA students. The primary types of scholarships include:
Need-Based Scholarships
Harvard’s need-based scholarships are the most common form of financial aid. They are awarded based on a student's financial situation rather than academic or professional achievements. On average, students receive up to $40,000 per year, helping to cover tuition and other related costs. The exact amount depends on an in-depth assessment of financial need.
Merit-Based Scholarships
While HBS primarily focuses on need-based aid, there are merit-based scholarships available through external organizations for students who have demonstrated exceptional academic performance or leadership in their field. These scholarships are highly competitive and offer varying amounts depending on the source.
Complementary Fellowships
In addition to need-based scholarships, HBS students can also apply for complementary fellowships. These fellowships are designed to support students with specific backgrounds or career goals. Examples include:
The Leopold Schepp Foundation Fellowship
Forté Foundation Fellowship (for women pursuing careers in business leadership)
Harvard MBA Scholarships for International Students
Harvard Business School (HBS) offers generous financial support to international students, including those from India. The scholarships are mainly need-based and aim to ensure that financial limits don’t stop talented students from joining HBS. About 50% of students receive aid, with an average of $46,000 per year—that’s around $92,000 over two years.
1. Boustany MBA Harvard Scholarship
Offered every two years, this scholarship is for students from any country, with a focus on those of Lebanese descent. It covers $102,200 total (about $51,100 per year) toward tuition fees. The recipient also completes a 2-month internship with the Boustany Foundation.
2. Aga Khan Foundation International Scholarship Programme
This scholarship supports students from developing countries, including India. It offers 50% loan and 50% grant for tuition and living costs. Applicants must show both financial need and academic excellence.
3. Other Scholarships for International Students
International students at HBS may also apply for external funding options, such as:
Harvard Business School (HBS) offers a variety of scholarships specifically for Indian applicants, helping to make the MBA program more accessible to talented individuals from India. These scholarships are aimed at reducing the financial burden on Indian students and include both need-based and merit-based options.
1. Boustany MBA Harvard Scholarship
The Boustany Harvard MBA Scholarship offers a substantial financial aid package of $102,200 for the two-year MBA program at Harvard Business School. This scholarship is open to students from any country, with preference given to those of Lebanese heritage who demonstrate strong academic backgrounds and potential to excel in their studies.
2. Horace W. Goldsmith Fellowship
The Horace W. Goldsmith Fellowship awards $10,000 to 7-10 first-year MBA students who have demonstrated exceptional leadership and a commitment to working in the nonprofit sector. Indian applicants must have held significant leadership roles in nonprofit organizations or shown dedication to improving social impact in their communities.
3. Robert S. Kaplan Life Sciences Fellowship
The Robert S. Kaplan Life Sciences Fellowship provides $20,000 each to up to 10 MBA candidates with backgrounds in life sciences. Indian applicants pursuing careers in science-related industries or organizations are encouraged to apply, showcasing their academic achievements and professional aspirations in the field.
4. RISE Fellowship
The RISE Fellowship grants $10,000 to ten MBA candidates who have made significant contributions to supporting Black/African American, Hispanic/Latinx, and other marginalized communities of color in the US. Indian applicants with a demonstrated commitment to equity and social justice issues can apply, highlighting their impactful work outside their professional roles.
5. John C. Phelan Forward Fellowship
The John C. Phelan Forward Fellowship provides $30,000 in total, disbursed over two years, to MBA students from lower socioeconomic backgrounds. This fellowship supports Indian applicants who are balancing financial responsibilities and seeking to enhance their careers through Harvard's MBA program.
How is the Harvard MBA Scholarship Need Determined?
Harvard Business School determines the need for its MBA scholarships through a comprehensive assessment of each applicant's financial situation. The evaluation primarily focuses on the student's income, savings, and other assets to understand their financial capacity. For students who are early in their careers or have limited work experience, parental income and assets may also be considered.
Harvard aims to ensure that students with demonstrated financial need receive adequate support to pursue their MBA. Additionally, the evaluation takes into account any existing financial obligations, such as educational loans or family responsibilities, ensuring that each student's unique circumstances are thoroughly reviewed. The amount awarded is tailored to cover as much of the tuition and living expenses as possible, making it possible for talented individuals to attend Harvard regardless of their financial background.
Application Process for Harvard MBA Scholarships
The application process for Harvard MBA scholarships is straightforward, but it requires attention to detail and timely submission of documents. Harvard Business School (HBS) integrates the scholarship application process with the MBA application, making it easier for candidates to apply for financial aid without additional steps.
Here’s a step-by-step guide to the process:
Step 1: Complete the MBA Application
When you apply for the Harvard MBA program, you are automatically considered for need-based scholarships. There’s no separate scholarship application required.
Step 2: Submit Required Financial Documents
As part of the financial aid process, you will need to provide detailed financial documents, including income statements, savings information, and other assets. For international students, additional documents may be needed to verify financial status.
Step 3: Complete the Financial Aid Application
Once admitted, applicants will be asked to complete the HBS Financial Aid Application. This application delves into specific financial details, such as family contributions (if applicable), existing loans, and any other financial obligations.
Step 4: Deadlines to Keep in Mind
It’s essential to follow all application deadlines carefully. Scholarship decisions are made shortly after admission offers, so submitting your financial aid forms on time is critical to being considered for aid.
Step 5: Notification of Scholarship Award
After reviewing your financial aid application, Harvard will notify you of the scholarship amount you're eligible to receive. The scholarships awarded will be based solely on your demonstrated financial need, ensuring that the process remains equitable for all candidates.
Pursuing an MBA at Harvard is a significant investment, but thanks to the variety of Harvard MBA scholarships available, financial barriers can be greatly reduced. Whether through need-based scholarships, fellowships, or external funding options, Harvard ensures that talented students from all backgrounds have the opportunity to succeed. By understanding the types of scholarships available, eligibility criteria, and the application process, you can confidently navigate your way toward securing financial aid and making your dream of studying at one of the world’s top business schools a reality.
How do you get a 100% scholarship to Harvard?
Because Harvard is committed to affordability, scholarships are designed to cover 100% of your demonstrated financial need. Here is process:
First school determine your award by establishing your parent contribution.
Then school factor in student employment and any outside awards you’ve received.
Your remaining need will be covered by scholarship funds which are grant-based and never need to be repaid.
Is Harvard expensive for Indian students?
Yes, Harvard can be expensive for Indian students, with the total cost of attendance for an MBA averaging around $112,000 per year, including tuition, living expenses, and other fees.
However, various need-based scholarships and financial aid options are available to help reduce this burden for deserving students.
Is it easy for Indians to get into Harvard?
Getting admitted to Harvard University is a significant achievement that many Indian students aspire to. The admissions process can be competitive and challenging, but with the right information and preparation, you can enhance your chances of acceptance.
Know Your Author
Abhyank Srinet
|
Study Abroad Expert
Abhyank Srinet, the founder of MiM-Essay, is a globally recognized expert in study abroad and admission consulting. His passion is helping students navigate the complex world of admissions and achieve their academic dreams. Abhyank earned a Master's degree in Management from ESCP Europe, where he developed his skills in data-driven marketing strategies, driving growth in some of the most competitive industries.
Abhyank has helped over 10,000+ students get into top business schools with a 98% success rate over the last seven years. He and his team offer thorough research, careful shortlisting, and efficient application management from a single platform.
His dedication to education also led him to create MentR-Me, an AI-powered platform that offers personalized guidance and resources, including profile evaluation, application assistance, and mentoring from alumni of top global institutions.
Continuously adopting the latest strategies, Abhyank is committed to ensuring that his clients receive the most effective guidance. His profound insights, extensive experience, and unwavering dedication have helped his clients securing of over 100 crores in scholarships, making him an invaluable asset for individuals aiming to advance their education and careers and leading both his ventures to seven-figure revenues.
.jpg)
.jpg)
