Social Enterprise Initiative

Careers & Recruiting

HBS Nonprofit/Public Sector Loan Repayment Assistance Program


The HBS Nonprofit/Public Sector Loan Repayment Assistance Program was established in 1992 to reduce the educational debt repayment burden for MBA students and alumni serving in managerial positions in the nonprofit and public sectors. The Program is designed to support graduates in pursuing career paths in the nonprofit and public sectors which often have compensation levels below the MBA average but have unmet needs that Harvard Business School graduates are able to address.

Award eligibility is determined based on an applicant's earnings and need-based debt, as well as qualifications and job fit. Eligibility and selection are determined by a Selection Committee and awards are distributed on a funds-available basis. The Program is jointly administered by the Financial Aid Office and the Social Enterprise Initiative.

All determinations made by the School and the Selection Committee are final. The School and the Selection Committee reserve the right to restructure or discontinue the Program as necessary.