Financial Aid

Increasing Access. Improving Opportunity.

Harvard Business School (HBS) is committed to improving financial access and affordability for talented future leaders from all backgrounds.

HBS offers generous aid throughout your time as a student and beyond – everything from Need-Based Tuition Assistance, to Summer Fellowships, to Career Support & Exploration.

Each MBAid Journey is unique, based on your own circumstances, passions, and career interests. We’re here to help you understand your options and shape your own journey to becoming a leader who will make a difference in the world.

Incoming MBA students get to know their new section mates during START.

Tuition Assistance

Approximately 50 percent of MBA students receive a need-based scholarship from HBS, with 10 percent of our student body—those with the greatest financial need – receiving full-tuition scholarships. Awards range from $2,500 to $76,000 per year. The average annual need-based scholarship last year was $46,000—or $92,000 over two years.

A group of MBA students prepares for a case discussion together in Spangler Center.
  • 50%
    of students receive need-based scholarships
  • 10%
    of students receive full tuition scholarships
  • $52M
    total funds awarded in FY24
  • $93k
    average need-based scholarship awarded over two years
  • $30–70k
    range of majority of scholarships

Career Exploration & Support

  • Summer Fellowships

    Financial support for summer internship opportunities between your first and second year.

  • At & After Graduation

    Loan forgiveness, repayment assistance, and support programs that subsidize competitive salaries in careers where starting salaries are lower than those of typical MBAs.

Data & Disclosure