In addition to financial assistance available through HBS, you have access to external sources of funding. We encourage you to explore these potential resources.

If you receive any funding through external sources, you must notify MBA Financial Aid so your financial aid package can be adjusted accordingly.

If you receive an HBS Fellowship, we will reduce your HBS Fellowship only if your total external fellowships exceed $20,000 during the MBA Program. If your total external funding is less than $20,000, we may reduce your loan package in order to lower your graduating debt.

Find information on funding opportunities open to:

A vast amount of scholarship information is available on internet. To help you begin your search, the following sites offer background information and links to other resources. Please note that most of these resources require admission to the MBA Program before you can apply.

Online Scholarship Search:

Funding for Women Students:

American Association of University Women
International Fellowships are available to international women students studying in the U.S. Selected Professions Fellowships are available for minority women who are U.S. citizens or U.S. permanent residents.

For further information, contact:
AAUW Educational Foundation
1111 16th Street NW
Washington, D.C. 20046

Funding for Minority Students:

Robert A. Toigo Foundation
Awarded to minority MBA students interested in careers in financial services. Applicants must be nominated by HBS.

For further information, contact:
Robert A. Toigo Foundation
1230 Preservation Park Way
Oakland, CA 94612
Phone: 510.763.5771

National Society of Hispanic MBAs/Hispanic Scholarship Foundation
Financial assistance for outstanding Hispanic students pursuing a graduate degree in management/business. Awards range from $2,500-$5,000 and one $10,000 award.

For further information contact*:
NSHMBA - HSF Scholarship Program
55 Second Street
Suite 1500
San Francisco, CA 94105
* For an application, please send a self-addressed, stamped, business-size envelope.

Minorities in Government Finance Scholarship
The Government Finance Officers Association offers a Minorities in Government Finance Scholarship of $5,000, awarded to outstanding U.S. and Canadian minority students preparing for careers in state and local government finance.

For details and application information, contact:
Scholarship Committee
Government Finance Officers Association
203 N. LaSalle St., Suite 2700
Chicago, IL 60601-1210

AICPA Scholarship for Minority Accounting Students
Offers scholarship support for minority students with accounting backgrounds. Applications can be downloaded from

American Institute of Certified Public Accountants
1211 Avenue of the Americas
New York, NY 10036

Fellowships for International Students:

Fulbright British Friends of Harvard Business School
Awards are offered for MBA study at HBS. Award covers tuition fees for the first year of study only. Applicants for this scholarship can apply for admission to HBS in Round 1 or 2 and must be admitted to HBS before applying for a scholarship. Candidates must be British citizens. After interview with the Fulbright Commission, successful candidates are recommended to the British Friends for approval.

The British Friends of Harvard Business School was set up as a registered charity in 1990 with the specific objective of helping British students to attend the MBA program at HBS. Applicants earning less than £40,000 per year will be given preference, but this should not deter others from applying.

Apply directly to: The US-UK Fulbright Commission, Battersea Power Station, 188 Kirtling Street, London SW8-5BN. Website:

Eduarda Justo Foundation (Spain)
A scholarship program to benefit academically talented, highly motivated MBA students from Spain with a preference for students from Almeria, Spain.

Each scholarship covers the following:

  • University tuition fee
  • 1,600€ monthly for housing, books and supplies
  • 1,000€ (for travel expenses)
  • 2,000€ (for initial expenses)

For further information is available on the website.

Fundação Estudar
Merit-based scholarship opportunity for Brazilian students with leadership and entrepreneurial profiles.

Further information is available on the website.

Instituto Ling Scholarship Program
Annual scholarship program for Brazilian citizens with entrepreneurial spirit and leadership skills to contribute to Brazilian economic, social and cultural development.

Further information, contact:
Tel: +55 513287-6300
Tel: +55 51 3287-6306

The Sainsbury Management Fellowship Scheme
Fellowships for UK Citizens with an engineering background.

For further information contact:
Kevin Brandon, Programme Manager - VP's & CPD
The Royal Academy of Engineering
3 Carlton House Terrace
London SW1Y 5DG
Telephone: +44 (0) 207 766 0600
Fax: +44 (0) 207 930 1549

Harvard Business School Foundation of Germany (HBSF)
Grants a scholarship of up to € 20.000 for a German first-year HBS student. Scholarship will be awarded by the Board of the HBSF according to financial need and personal qualification.

For further information, contact:
Stefan Eishold, President
Harvard Business School Foundation of Germany
c/o ARCUS Capital AG
Ismaninger Strasse 67a
D- 81675 Muenchen, Germany

Boustany Foundation
Granted to an outstanding candidate every two years. Next award will be for the MBA Class of 2017 entering in fall of 2015. Scholarship will cover $90,000 toward tuition fees ($45,000 USD for the first year and $45,000 USD for the second year). The Foundation will also cover travel and accommodation expenses for the internship. The scholarship will be awarded to candidates of any nation but priority will be given to candidates of Lebanese descent.

For further information and specific requirements of this scholarship, please contact:
Mrs. Alison Pitt
Scholarship Admission Officer
Boustany Foundation
1 Avenue des Citronniers
98000 Monaco

Fundacion Mexico en Harvard
Funding for Mexican citizens for graduate study at Harvard. Foundation can be helpful to Mexican students researching all funding opportunities in Mexico.

For further information, contact:
Fundacion Mexico en Harvard, A.C.
Monte Pelvoux No. 220-PH
Col. Lomas de Chapultepec
11000 Mexico, D.F.

7UP Harvard Business School Scholarship
Created in 2010 by Seven Up Bottling Company Plc of Nigeria to commemorate its 50th anniversary, and aligns with the Company's overall vision of creating a greener future for promising Nigerians. Scholarship covers tuition, board and travel expenses for both years of the MBA program.

For further information and specific requirements of this scholarship, please send email with a copy of your admissions letter to Company will contact you with next steps.

French-American Chamber of Commerce Bellanger Business School Scholarship Program
The French-American Chamber of Commerce Foundation in New York was established in the spring of 2012 to raise funds to provide scholarships to French MBA students studying in the United States and to American MBA students studying in France. For the academic year 2014-15 we expect to award 6 scholarships in the amount of approximately $10,000. French-American Chamber of Commerce Foundation Press Release


UNIQLO HBS Fellowship
The UNIQLO HBS Fellowship Program is for Japanese nationals entering Harvard Business School (HBS) with the objective of supporting students who are not already sponsored by a coporation or other organization. This program will start September 2015 and will continue for three years. It will award up to $200,000 over the course of two years to one recipient at Harvard Business School. This program provides promising individuals, regardless of financial circumstances, the opportunity to become the next generation of business leaders on the global stage.

For further information contact:

CSR Division, Fast Retailing

LIFE Scholarship (Lebanese International Finance Executives
LIFE, an organization channelling the influence of Lebanese Finance Executives worldwide, provides scholarships for Lebanese students (or of Lebanese descent) seeking to pursue their studies at top U.S. universities in the fields of finance/business. Applicants must demonstrate academic excellence (at or above 80th percentile) and have financial need. The LIFE scholarship covers up to $12,000.00USD per academic year and is renewable for the recipient's following year of study provided excellent academic standards are maintained. Once the scholarship is granted, LIFE intends to assign a mentor and a source of support and assistance. Application details can be found here.

Funding for Veterans:

Post-9/11 GI Bill
Veterans should fully explore the new G.I. benefits. Eligible veterans may receive:

  • Partial tuition benefit up to $19,198 for 100%-eligible veterans
  • Monthly living allowance based on zip code where the school is located
  • $1,000 annual book and supply allowance

Please visit the G.I. Bill website for information on what you may be eligible for. In addition, the historic G.I. Programs still operate.

Yellow Ribbon Program
HBS is participating in the Yellow Ribbon Program, available to veterans of the U.S. Armed Forces who are 100% eligible for the new Post-9/11 GI Bill. For the 2013-2014 year, HBS will contribute $12,000 to each eligible veteran, up to a maximum of 60 veterans. Contribution will be matched by the VA. Students may apply for need-based HBS Fellowships in addition to this benefit.

Montgomery G.I. Bill
Much like the old G.I. Bill, the Montgomery G.I. Bill is intended for veterans who entered the service after July 1, 1985, served two years of continuous active duty, accepted a $100-a-month reduction in their military pay for the first twelve months of service, and received an honorable discharge. Monthly rate depends on the veteran's length of active duty, service in the Selective Reserve, or service in the National Guard. Benefits entitlement period is thirty-six months of full-time enrollment or part-time equivalent in a graduate program.
Access information at Montgomery G.I. Bill.

Funding for New Americans:

The Paul and Daisy Soros Fellowships for New Americans
Fellowships for up to two years of graduate study in the United States. A new American is defined as a resident alien, a naturalized US citizen, or the child of two parents who are both naturalized citizens.

Details and an application, contact:
The Paul and Daisy Soros Fellowships for New Americans
400 West 59th Street
New York, NY 10019
Phone: 212.547.6926
Fax: 212.548.4623

Funding for college students/recent graduates:

Jack Kent Cooke Foundation
Scholarships to college seniors or recent graduates entering graduate programs. Students must be nominated by their undergraduate institutions.
For details contact:
Jack Kent Cooke Foundation
44115 Woodridge Parkway, Suite 200
Lansdowne, Virginia 20176-5199
Phone: Visit the website for contact numbers for specific programs
Fax: 703.723.8030

Funding for Bowdoin College Graduates:

George and Mary Knox Graduate Scholarship
Financial Assistance for Bowdoin College graduates who attend HBS.

Funding for students of public administration, finance and business administration:

George A. Nielsen Public Investor Scholarship
$5,000 scholarship available for students of public administration, finance, business administration or a related field. Student must be a citizen or permanent resident of the U.S. or Canada.

More information or to request an application, contact:
Scholarship Committee
Government Finance Officer Association
203 North LaSalle Street, Suite 2700
Chicago, IL 60601-1210

Funding for Swarthmore College graduates:

The McCabe Fellowship
Awarded to seniors and graduates of Swarthmore College for a year (normally the initial year) of study at Harvard. Awards are administered by the Committee on Fellowships and Prizes and carry a stipend of $5,000.

Recipients may apply for a second year of funding.

Funding for AICPA student affiliate members:

Accountemps/AICPA Student Scholarship
The Accountemps/AICPA Student Scholarship is a competitive award of $2,500 for two outstanding AICPA student affiliate members pursuing careers in accounting, finance, or information systems.

Details and application information, contact:
Accountemps/AICPA Student Scholarship Program
American Institute of CPAs - Team 046
1211 Avenue of the Americas
New York, NY 10036-8775

Funding for LGBT students:

The Point Foundation
Scholarships for LGBT students. Details and application, please contact

Funding for students with a farmworking background:

The Rising Farmworker Dreamfund
Pre-MBA fellowship for students interested in pursing an MBA degree. Mission of RFDF is to leverage the power and resources of business to empower the farmworking community—migrant and seasonal farmworkers and son and daughters of farmworkers. Fellowship supports that mission by giving talented students the opportunity to pursue graduate degrees in management, which will ultimately enable them to become resourceful leaders who give back to their respective communities.
For more information:

Other Sources of Funding

The Richard Metzler AMCF Scholarships
The Association of Management Consulting Firms (AMCF) strives to promote an environment that fosters the success of its member firms and the value they deliver to their clients. The Foundation for Excellence in Management Consulting is a 501(c)(3) established in 1989 to "advance the knowledge and understanding of the art and science of consulting and the practice of management through research, education, and related activities." These activities include educational programs such as the Richard Metzler Scholarship. The Foundation will award four scholarships of $2,500 to exemplary MBA candidates from around the world in support of their commitment to the management consulting profession.

Scholarship application and other relevant information can also be downloaded on our website at