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

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.