All Answers
Are there any scholarships for a high GMAT score? For example if one gets a 770 score.?
Asked by Orvil Shawn over 2 years ago
Yes, scoring a 770 on the GMAT puts you in the top 1% of all test takers, and many European MBA programs reward that with merit-based scholarships. Here’s what you should know:
- INSEAD: While there’s no official GMAT-based scholarship, applicants with scores above 740 are often considered for merit awards ranging from €10,000 to €30,000. They look at the overall profile, but a 770 definitely boosts your chances.
- ESMT Berlin: Offers specific scholarships like the “High Potential Scholarship” for applicants with a GMAT 700+, and a 770 can make you eligible for up to 50% tuition coverage.
- IE Business School and IESE also award generous merit scholarships to candidates with 750+ scores, especially if you apply early in the admissions cycle.
Keep in mind, GMAT alone won’t guarantee funding. They’ll also assess academics, leadership, diversity, and work experience. So yes, a 770 is a big advantage. Focus on submitting early and pairing it with strong essays and recommendations for the best outcome.
Yes, a 770 GMAT score can strongly improve your chances of getting a scholarship at top European MBA programs. While most schools don’t offer scholarships solely for high scores, they do use the GMAT as a key factor in merit-based awards.
For example, the Rotterdam School of Management offers the RSM MBA Excellence Scholarship. Applicants scoring above 720 are eligible for up to 50% tuition reduction, and a 770 puts you at the top of the pool.
At SDA Bocconi, a high GMAT score significantly boosts your chances of receiving partial or even full tuition waivers. Candidates with 750+ tend to be among the top recipients.
Similarly, IMD Switzerland uses a points-based scholarship matrix, where a 770 GMAT score adds major weight to your application and sets you apart from global applicants.
Since most scholarships are limited and often awarded in early rounds, applying sooner helps.
If you're aiming for a 750+ score and want expert help, connect with GMAT experts today for a personalized prep plan that aligns with your target schools and scholarship goals.
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.
Ready to Ace the GMAT?
Get 7 Days of Free Access!
Start your FREE Trial NOW to get:
- 🎥100+ Video Lessons
- 📚2000+ Practice Questions
- 📝Target Mocks & Sectional Tests
