HBS is proud to offer all incoming students, regardless of need and background, a fellowship which includes tuition, single-person health fees, and a living stipend ($46,200 for 2022-2023). Our financial aid program features guaranteed funding for up to five years with an application for a sixth year funding. In addition to a living stipend, a suite of Scholar Support fellowships are available to increase accessibility for scholars from all backgrounds.

Specifically, the Lift Fellowship offers financial support for incoming students from lower-income backgrounds who carry significant financial burdens or obligations to family. This fellowship seeks to help provide stability to students who are entering the programs without a financial safety net. Depending on the level of need, up to 3 students may be selected as recipients. Award amounts range from $10,000 to over $25,000 and are distributed in four equal payments at the start of each of the first four semesters in which the recipient is actively enrolled.

In addition, students may also apply for funding to assist with dependent care and to help alleviate expenses related to significant and/or unexpected medical expenses