At Harvard Business School, the primary form of financial assistance for MBA students comes in the form of need-based scholarships, known as HBS Fellowships. The school is committed to making education accessible to all admitted candidates, regardless of their financial situation. These fellowships are grants that students do not need to repay, making them highly sought after.
Applicants need to fill out a financial aid application post-admission to be considered for these scholarships.
HBS offers need-based scholarships to approximately 50% of both domestic and international students. Award amounts range from $2,500 to $76,000 per year, with an average annual scholarship of $46,000, totaling $92,000 over two years.
The Harvard MBA Scholarship, a need-based grant, requires no repayment. The average scholarship amount is $40,000 per year or $80,000 in total, primarily falling within the $30-50k range annually. Some of the Harvard MBA scholarships that you need to watch out for are:
- The Robert S Laplan life sciences Fellowship
- Boustany MBA Harvard Scholarship
- Horace W. Goldsmith Fellowship - MBA
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