25 MBA Scholarships Worth Over $10K at Top Schools

High Value Scholarships for MBA Students

An MBA is a gateway to leadership, innovation, and career transformation. But the price tag can be daunting, with tuition at top schools often exceeding six figures. Scholarships are the lifeline that turns ambition into reality, opening doors for talented students who might otherwise be held back by financial constraints. Below, we spotlight 25 school-specific MBA Scholarships Worth Over $10K or more that can help you fund your future.

Why MBA Scholarships Matter

Scholarships do more than ease financial strain—they reward excellence, foster diversity, and connect recipients to powerful networks. For MBA students, they mean:

• Freedom from Debt: Focus on your studies and career without the weight of loans.
• Career Boosts: Many scholarships come bundled with mentorships and networking opportunities.
• Diversity in Leadership: Scholarships for underrepresented groups pave the way for a richer, more inclusive business world.

Top 25 MBA Scholarships Worth Over $10K for Aspiring Leaders

1. Harvard Business School (HBS) – Need-Based Fellowships

• Award Amount: $42,000 per year (average)
• Deadline: Same as admissions deadline
• Website: hbs.edu
• Description: HBS offers need-based fellowships to 50% of its students, determined by financial need. Awards cover tuition and fees.

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2. Stanford Graduate School of Business – BOLD Fellows Fund

• Award Amount: $15,000 per year (up to $30,000 for two years)
• Deadline: Same as admissions deadline
• Website: gsb.stanford.edu
• Description: This fund supports students with financial need and leadership potential. Applicants must complete additional financial aid forms.

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3. University of Chicago Booth – Merit-Based Fellowships

• Award Amount: $25,000–$50,000 per year
• Deadline: Same as admissions deadline
• Website: chicagobooth.edu
• Description: Booth offers merit-based fellowships based on academic excellence, leadership skills, and professional experience.

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4. Columbia Business School – Merit-Based Fellowships

• Award Amount: $10,000–$30,000 per year
• Deadline: Varies by admissions round
• Website: gsb.columbia.edu
• Description: Columbia provides merit-based fellowships to exceptional candidates with strong academic and professional backgrounds.

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5. NYU Stern – Dean’s Scholarship

• Award Amount: Full tuition (approximately $60,000 per year)
• Deadline: Same as admissions deadline
• Website: stern.nyu.edu
• Description: This scholarship is awarded to students demonstrating outstanding academic and leadership potential.

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6. MIT Sloan – Merit-Based Fellowships

• Award Amount: $30,000 per year (up to full tuition)
• Deadline: Same as admissions deadline
• Website: mitsloan.mit.edu
• Description: Sloan awards fellowships based on academic achievement and leadership potential. No separate application is required.

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7. Duke Fuqua School of Business – Keller Scholarship Program

• Award Amount: Full tuition plus stipend ($25,000 annually)
• Deadline: Same as admissions deadline
• Website: fuqua.duke.edu
• Description: This program supports students with exceptional academic achievements and leadership experience.

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8. University of Michigan Ross – Dean’s Fellowships

• Award Amount: Full tuition plus stipend ($20,000 annually)
• Deadline: Same as admissions deadline
• Website: michiganross.umich.edu
• Description: Ross offers full-tuition scholarships to students with outstanding academic records and leadership potential.

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9. UCLA Anderson – Merit-Based Fellowships

• Award Amount: $15,000–$30,000 per year (up to full tuition)
• Deadline: Same as admissions deadline
• Website: anderson.ucla.edu
• Description: Anderson awards merit-based scholarships to MBA candidates with strong academic records and professional accomplishments.

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10. University of Virginia Darden – Jefferson Fellowships Program

• Award Amount: Full tuition plus stipend ($20,000 annually)
• Deadline: Same as admissions deadline
• Website: darden.virginia.edu
• Description: This prestigious fellowship covers full tuition and provides a stipend for living expenses.

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11. Indiana University Kelley – Dean’s Fellowships

• Award Amount: Full tuition plus stipend
• Deadline: Same as admissions deadline
• Website: kelley.iu.edu
• Description: Kelley awards full-tuition fellowships based on academic skills, leadership abilities, and professional achievements.

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12. Vanderbilt Owen Graduate School of Management – Dean’s Scholars Award

• Award Amount: Full tuition
• Deadline: Round 1 or 2 admissions cycle
• Website: business.vanderbilt.edu
• Description: This scholarship is awarded to students with strong profiles in academics and leadership.

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13. Rice Jones Graduate School of Business – Merit Scholarships

• Award Amount: $10,000–Full tuition
• Deadline: Same as admissions deadline
• Website: business.rice.edu
• Description: All admitted full-time MBA applicants are considered for scholarships based on academic excellence and leadership potential.

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14. University of Florida Warrington College of Business – Merit Scholarships

• Award Amount: Up to full tuition
• Deadline: Same as admissions deadline
• Website: warrington.ufl.edu
• Description: Warrington offers several scholarships for MBA students based on professional achievements and leadership experience.

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15. Tuck School of Business at Dartmouth – Need-Based Scholarships

• Award Amount: $10,000–Full tuition (average award: $30,065/year)
• Deadline: Same as admissions deadlines
• Website: tuck.dartmouth.edu
• Description: Tuck awards need-based scholarships to MBA candidates with demonstrated financial need.

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16. Arizona State University W.P. Carey – Full-Time MBA Scholarships

• Award Amount: Full resident tuition ($61,784/year)
• Deadline: Admissions deadlines vary (Round 1: October 15, 2024; Round 4: April 1, 2025)
• Website: wpcarey.asu.edu
• Description: W.P. Carey offers full-tuition scholarships to competitive applicants based on academic excellence, leadership potential, and professional achievements. Additional exclusive scholarships are available for Valley Leadership alumni, providing up to $15,000 in funding.

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17. Georgetown McDonough School of Business – MBA Merit Scholarships

• Award Amount: Up to full tuition (average award: $22,000/year)
• Deadline: Same as admissions deadline
• Website: msb.georgetown.edu
• Description: Georgetown awards merit-based scholarships to applicants demonstrating ethical leadership, academic accomplishment, and professional achievements. All applicants are automatically considered upon submitting their MBA application.

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18. Emory Goizueta Business School – Woodruff Fellowship

• Award Amount: Full tuition + annual $15,000 stipend
• Deadline: Round 3 admissions deadline (January 2025)
• Website: goizueta.emory.edu
• Description: The prestigious Woodruff Fellowship covers full MBA tuition and fees and provides a stipend for living expenses. Finalists are invited to participate in the Woodruff Experience Event, which includes interviews and networking opportunities.

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19. Northwestern Kellogg School of Management – Zell Scholars Program

• Award Amount: Full tuition
• Deadline: Same as admissions deadline
• Website: kellogg.northwestern.edu
• Description: The Zell Scholars Program supports entrepreneurial MBA students interested in launching or acquiring businesses. Participants receive mentorship, workshops, and financial resources for their ventures.

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20. UNC Kenan–Flagler Business School – Forté Fellowship

• Award Amount: $10,000+
• Deadline: Same as admissions deadline
• Website: kenan-flagler.unc.edu
• Description: Offered in collaboration with the Forté Foundation, this fellowship supports outstanding women applicants who demonstrate leadership and achievement. No separate application is required.

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21. Cornell Johnson Graduate School of Management – Park Leadership Fellows Program

• Award Amount: Full tuition + living stipend
• Deadline: Same as admissions deadline
• Website: johnson.cornell.edu
• Description: This fellowship is awarded to U.S. citizens with exceptional leadership potential and a commitment to community service. Recipients must complete a significant public service project during their MBA program.

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22. Yale School of Management – Merit-Based Scholarships

• Award Amounts Vary: Often exceeding $10,000; some students receive full tuition
• Deadline: Admissions deadlines (Round 1: September 12, 2024; Round 3: April 9, 2025)
• Website: som.yale.edu
• Description: Yale SOM offers merit-based scholarships to competitive applicants based on academic excellence and leadership potential. Approximately 36 students receive full-tuition awards annually.

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23. Berkeley Haas School of Business – Diversity Fellowships

• Award Amounts Vary: Typically over $10,000; some awards cover full tuition
• Deadline: Admissions deadlines (Round 1: October 30, 2024; Round 3: April 3, 2025)
• Website: haas.berkeley.edu
• Description: Haas offers diversity fellowships to support underrepresented minority students pursuing an MBA. Awards are granted early in the financial aid cycle based on academic achievement and leadership qualities.

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24. Indiana University Kelley School of Business – Dean’s Fellowships

• Award Amounts Vary: Full tuition + stipend for living expenses
• Deadline: Same as admissions deadline
• Website: kelley.iu.edu
• Description: Kelley provides Dean’s Fellowships to outstanding MBA applicants with strong academic records and leadership potential.

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25. University of Texas McCombs School of Business – McCombs Diversity Fellowship

• Award Amount: $20,000–$40,000 per year
• Deadline: Same as admissions deadline
• Website: mccombs.utexas.edu
• Description: This fellowship is awarded to students from underrepresented backgrounds who demonstrate academic excellence and a commitment to advancing diversity in business.

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How to Land These Scholarships

Securing a scholarship takes more than filling out forms—it requires strategy and effort:

1. Start Early: Research scholarships as soon as you decide to pursue an MBA. Deadlines often align with admissions rounds, so don’t wait until the last minute.
2. Tailor Your Story: Highlight your unique strengths—whether it’s academic excellence, leadership experience, or a commitment to diversity—and align them with the scholarship’s goals.
3. Perfect Your Essays: Many scholarships require essays that showcase your vision and values. Be concise but compelling—show how you’ll make an impact in business and beyond.
4. Leverage Resources: Use school websites, financial aid offices, and forums like GMAT Club or Poets & Quants to discover opportunities you might have missed.

An MBA is one of the most significant investments you’ll make in yourself—but it doesn’t have to break the bank. These 25 scholarships represent not just financial support but also recognition of your potential as a future leader in business. From need-based awards at Harvard and Tuck to diversity-focused fellowships at Berkeley Haas and Texas McCombs, there’s a scholarship tailored for every aspiring MBA student.

The path to securing funding may take effort, but the rewards are worth it—freedom from debt, access to exclusive networks, and the chance to focus fully on your studies and career goals. Start your scholarship search today and take one step closer to turning your MBA dreams into reality!