Are there any scholarships for a high GMAT score? For example if one gets a 770 score.?

Asked by Orvil Shawn about 2 years ago

3 Answers

Yes, you can apply for merit-based scholarships for MBA through your high GMAT Scores.  Merit-based scholarships are granted to students with excellent academic records or students having extraordinary achievements in extracurricular activities or sports. Here, the financial background of a student does not hold much relevance. There are various universities and educational institutes that offer MBA scholarships for Indian students. If you have good academic credentials apart from GMAT Scores like a high CGPA in UG, and a good 12th-class percentage then you have a good chance of getting a scholarship.

Top universities abroad offer scholarships on GMAT scores like Harvard, Stanford, and Wharton.

TOP UNIVERSITIES FOR MBA -

Harvard University
Columbia University
Oxford Said Business School
Kellogg 
London Business School
MIT Sloan
INSEAD

NOTE -
You must avoid these mistakes while applying for the GMAT scholarship - 
Do not write a generic statement of purpose (SOP).
Don’t avoid the guidelines specified in the application process.
Don’t be inconsistent.
Be clear about your future expectations.

I hope this helps or else you can directly talk to an expert here!

 


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Scoring a 770 on the GMAT is an impressive achievement, and many institutions recognize this with scholarships or merit-based financial aid. 

Some business schools automatically consider students with high GMAT scores for scholarships, especially if they have a strong overall profile, including academic performance and work experience. These scholarships can either cover partial tuition or, in some cases, full tuition. 

Beyond individual school offerings, there are also independent scholarships that reward exceptional GMAT scores. However, availability may vary based on the country or region where the application is made. 

It's important to research and directly reach out to the admissions offices of the schools you're applying to for detailed information about their specific scholarship policies. 

Tip: In addition to GMAT-based scholarships, consider broader merit-based or need-based scholarships that could further enhance your financial aid package, even if they don't specifically require a high GMAT score.


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Absolutely, scoring a 770 on the GMAT can be a game-changer when it comes to scholarships! Many top business schools and outside organizations love to reward high achievers, and a score like yours is sure to catch their attention. Here’s how that impressive 770 can open up scholarship opportunities for you:

1. Merit-Based Scholarships from Schools: Most leading business schools, like Harvard, Stanford, and Wharton, offer merit-based scholarships for students with exceptional academic records, and a high GMAT score is a big part of that. If you’re aiming for schools like the University of Chicago Booth or Columbia Business School, your 770 could seriously boost your scholarship chances. Although these scholarships consider your full profile (think work experience, academics, and personal achievements), a score like yours puts you in an excellent position.
2. Dean’s Scholarships and Special Fellowships: Ever heard of Dean’s Scholarships or Fellowships? They’re special awards that some schools, like MIT Sloan or INSEAD, offer to applicants with outstanding scores. These can cover a big chunk of your tuition and might even provide extra benefits. Keep in mind, these scholarships are competitive and typically go to candidates with a solid overall application, but a 770 gives you a strong edge.
3. Outside Scholarships for High GMAT Scores: Apart from university scholarships, some organizations offer awards specifically for high GMAT scorers. For example, GMAT Club and Poets & Quants sometimes run scholarship competitions for people who score above 700. Certain industry-specific scholarships also favor top scorers, particularly for fields like consulting or finance. It’s worth checking out these networks – you might find additional financial support there.
4. Full or Partial Tuition Waivers: Some schools provide tuition waivers for students with high GMAT scores. With a score over 750, you’re often in the range for these awards, which can go from partial to full tuition coverage. Schools like the Rotman School of Management in Canada or NYU Stern, for instance, are known to offer these kinds of waivers.
5. Region-Based Scholarships: Certain scholarships focus on students from specific countries or regions, especially for those with exceptional GMAT scores. Schools like HEC Paris and London Business School offer these awards to build a more varied class, so if you’re an international applicant, this could be an advantage. A high score makes you more competitive for these too!
6. Reach Out Directly: Sometimes, the best way to learn about scholarship options is to contact the admissions or financial aid office at the schools you’re interested in. They can give you insights into specific scholarships and how much a high GMAT score will benefit you in their selection process.

In a nutshell, your 770 GMAT score is a powerful asset for securing scholarships. Make sure to research each school’s scholarship opportunities and reach out to admissions if needed. And remember, they’ll consider your entire profile, so show them all your strengths.

Need more information regarding scholarships, you can book a free session with our study abroad consultants.

Best of luck!


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