Other Fellowships at HBS

Admissions & Financial Aid

We complement the HBS Fellowship Program with a variety of fellowship options suited to different student backgrounds and interests.

Open to students pursuing the joint Harvard Business School and Harvard Kennedy School degree program:

George Family Foundation Fellowships
Fellowships for students who are enrolled in the concurrent program offered through the Harvard Business School and the Harvard Kennedy School for the third year of study. Ten Harvard Kennedy School George Family Foundation will be awarded each year and five Harvard Business School George Family Fellowships will be awarded each year. For more information, please visit the website at www.ksg.harvard.edu.

Rubenstein Fellowship Program
The David Rubenstein Fellowship is the result of a generous gift from David Rubenstein for one of the three years of study in the MBA/MPP or MBA/MPA-ID joint degree program. Fellows also receive one summer stipend to be used as total compensation or as a supplement to the compensation received for working in a summer internship in the public or nonprofit sectors.

Open to students planning science-related careers:

The Robert S. Kaplan (MBA 1983) Life Sciences Fellowship
Harvard Business School awards $20,000 each to ten incoming MBA students who present outstanding credentials from disciplines in the life sciences. Credentials may include academic achievements, recognition from outside organizations and professional accomplishments. Preference will be given to students who are planning careers in science-related businesses or organizations. Awards are for the first year only and do not affect eligibility for need based HBS Fellowships.

This fellowship was created in 2008 by Robert S. Kaplan, MBA 1983 to encourage students with life sciences backgrounds and career interests to attend Harvard Business School. Robert S. Kaplan currently serves as a Professor of Management Practice at Harvard Business School and a Senior Director of The Goldman Sachs Group, Inc.

Open to students demonstrating non-profit leadership:

Horace W. Goldsmith Fellowship
Awards of approximately $10,000 are given to 7-10 first year MBA students who have exhibited leadership and an extraordinary commitment to working in the not-for-profit sector. This fellowship is given in addition to any need-based fellowship awards and is available in only the first year.

This fellowship was created in 1988 by the Horace W. Goldsmith Foundation and Richard L. Menschel, MBA 1959 to encourage students from the not-for-profit sector to pursue an MBA at HBS. Mr. Menschel, a former director of the Foundation and Limited Partner, Goldman Sachs was an early supporter of the HBS Social Enterprise Initiative and serves on the Advisory Board. Recipients are invited to participate in events with current and former recipients, as well as local non-profit leaders in an effort to create a network of individuals committed to working in the sector. More than 100 students have received this award since its inception.

Recipients of this award have served in full-time leadership roles in the not-for-profit sector prior to enrolling at HBS and demonstrate a strong commitment to a career in the sector.

Open to Canadian MBA students:

John H. McArthur Canadian Fellowship
The John H. McArthur Canadian Fellowship is named in honor of the former dean of Harvard Business School (1980-1985), who is a British Columbia native. This Fellowship is funded by the generous support of several Canadian alumni to attract high potential men and women from all regions of Canada for the School's MBA program.

Amount of Award
The amount of the award depends on the financial need of the applicant.

Eligibility for Fellowship Program

Admission to Harvard Business School MBA Program
Canadian citizenship or Canadian permanent residency

Open to students with Junior Achievement experience:

Junior Achievement Fellowship
An endowment to fund a number of Junior Achievement Fellowships at Harvard Business School was established by Royal Little, former Chairman of Textron, Inc.; the late James E. Robison, former head of Indian Head, Inc.; and the late Lawrence Fouraker, Dean of the School from 1870 to 1880.

Junior Achievement Fellowships are significant financial awards, ranging from $5,000 to $6,500 in recent years. The fellowships are awarded annually, and current recipients must re-apply for the fellowship for the following academic year. You can be considered for a Junior Achievement Fellowship if you have at least two years experience in Junior Achievement, whether you participated in high school as a mentor or as an advisor in or after college.

Financial need is not a prerequisite for this fellowship, although the selection committee may consider it as one of several factors. The committee is primarily interested in the quality of your Junior Achievement experiences, your contributions to the program, and how the program has affected your personal and professional development.

Open to students pursuing the joint Harvard Business School and Harvard Medical School degree program:

MD/MBA Loan Forgiveness Program
The MD/MBA Loan Forgiveness Program is a pilot program for graduates of the official joint MD/MBA program of Harvard Business School and Harvard Medical School to provide financial support needed to sustain graduates through the completion of their medical residency. The schools reserve the right to restructure this pilot program as necessary.

The program provides graduates up to 50% of their outstanding need-based educational debt from the joint MD/MBA program to a maximum of $75,000 paid in two installments: one-third upon acceptance into a medical residency and two-thirds upon completion of that residency. This pilot program is administered by HMS. To qualify, a student must have qualified for need-based Harvard Medical School institutional financial aid in at least one of the first three years of the MD/MBA program. For program status and further details, please contact the HMS Financial Aid Office.

Top of Page