If you’re an international student looking to pursue an MBA degree in the USA, the cost of tuition may seem daunting. But there is good news! There are over a thousand scholarships available to international students that can fund your MBA program and even cover other expenses like accommodation, health insurance, and travel grants. These scholarships are merit-based, so academically outstanding students have the best chance of receiving them.

To increase your chances of getting a scholarship, apply to as many institutions as possible that offer scholarships. In this article, we’ll highlight some of the most prestigious universities and business schools in the USA that offer MBA scholarships.

Stanford University’s Stanford Knight-Hennessy Scholars Program at the Stanford Business School is one of the most sought-after scholarships. The University of Minnesota also offers a fully funded fellowship that covers tuition costs, living expenses, travel allowances, and health insurance. Columbia Business School provides a scholarship that caters to tuition and other expenses throughout the applicant’s study year. Harvard University’s HBS MBA Scholarship is a fully funded scholarship worth about $100,000 USD available to international students.

The Wharton School of Business and NYU Stern School of Business also provide international students with scholarships. At the Sloan School of Management, there are several merit-based MBA scholarships available, including the Master’s Fellowship and the McKinsey Award.

To be eligible for any of these scholarships, you must have completed a first degree, whether it’s a bachelor’s degree or its equivalent. Documents typically required to apply for these scholarships include transcripts, GMAT/GRE scores, an English proficiency test (such as IELTS or TOEFL), a recommendation letter, and a concise statement of purpose or essay on why you should be chosen for the scholarship.

With all these educational opportunities and financial aid available, international students can pursue higher education in the USA without worrying about the costs. So, if you’re an ambitious student looking to excel in business administration and graduate programs, apply for the best MBA scholarships in the USA today!