Best scholarship for MBA 2021 for American students


best scholarship for mba 2021 for american students


An MBA scholarship can help pay for a Master of Business Administration (MBA) degree. Although some employers can help compensate for the costs of an MBA program, applying for a scholarship may make it more affordable. Many vocational schools and private organizations offer awards to incoming and current MBA students. Let's take a look at some ways to qualify and apply for MBA scholarship.


How can I apply for MBA Scholarship?

MBA students first need to research on which they are eligible for. Many universities and private organizations offer various awards for various MBA programs. Some scholarships are required for MBAs. To qualify for a need-based scholarship, students must show a low income.

Other MBA student scholarships are for high achievers. Your GMAT score may also qualify you for more scholarships. In addition, eligible applicants should apply early before the deadline. If you apply early for MBA scholarships then you can get more time to apply for more scholarships.


Below we have highlighted 20 of the most lucrative scholarships for undergraduate students pursuing an MBA to quickly climb the ladder to a well-deserved promotion.


1. AAUW (The American Association of University Women) Career Development Grant

Through the AAUW, career development grants are available to provide between 2,000 and $ 12,000 annually to MBA students and females. Eligible candidates must be US citizens, have a bachelor's degree before June 30 of the current year, enroll in an accredited American institution, and are looking to pursue or change their business career. Selection will be based on applicants' success, career objectives, reasons for attending graduate school, and commitment to equality for women.


Deadline: 15 December


Address and website

AAUW Career Development Grants
1111 Sixteenth Street NW
Washington, DC 20036
Ph: (202) 785-7700


2. Dennis W. and Jane B. Carlton Fellowship

Denise W. and Jane B., recognized by the Jewish United Federation. The Carlton Fellowship is awarded per year to cover full tuition for two years and to supply a $ 30,000 stipend for three full-time MBA students from Israel. Selection will be based on the overall academic profile of each candidate, intended concentration, power of admission application, professional evaluation and occupation-related qualities. In exchange for funding and mentoring by Chicago business leaders, fellows must return to Israel within five years of graduation to practice their acquired MBA knowledge.


Deadline: 1st April


Address and website

Dennis W. and Jane B. Carlton Fellowship
5807 South Woodlawn Avenue
Chicago, IL 60637
Ph: (773) 702-7369


3. Charles T. Bauer MBA Scholarship

With significant financial need for assistance for graduate business students at the University of Houston, Charles T. Bauer MBA scholarships are available up to $ 10,000 each year. To qualify, applicants must be admitted to a full-time MBA or professional MBA program, which has a minimum overall GPA of 3.0, an above-average GMAT score, US citizenship or permanent residency, and previous professional accomplishments. Show career ability on the basis. There is no requirement of separate application, but it is highly recommended that applicants apply to the Bauer MBA program before June first for the greatest opportunity.


Deadline: 1st June

Address and website

Charles T. Bauer MBA Scholarships
4800 Calhoun Road
Houston, TX 77004
Ph: (713) 743-2255

4. Credit Suisse MBA Fellowship Program America

With the aim of growing variety on campuses nationally, the Credit Suisse MBA Fellowship Program awards US up to $ 30,000 to cover academia, tuition and living expenses for 1st year MBA students pursuing careers in investment banking. Is designed Eligible applicants must enroll full-time in a participating American MBA program, demonstrate strong career potential in investment backing, have a history of academic achievement, and be willing to complete an internship at the Credit Suisse office the following summer . The fellowship is available only to women and minority students of African American, Hispanic / Latino or Native American descent.

Deadline: 15th November


Address and website

Credit Suisse MBA Fellowship Program Americas
11 Madison Avenue
New York, NY 10010
(212) 325-2000


5. Little Family Foundation Scholarship

As a part of the Junior Achievement, the Little Family Foundation Scholarship is awarded $ 2,500 annually to support students who attend one or two years at a participating business school, such as Carnegie Melody University, Indiana University Planning to study full-time in the MBA program. University of Cincinnati, Northwestern University, and more. Applicants in one of the Junior Achievement's K-8 programs must be past participants or volunteers, have a bachelor's degree, and have worked in business for at least two years after graduation. The application should contain three letters of recommendation, an official transcript, and a short essay that describes how free enterprise creates prosperity.


Deadline: 1st February

Address and website

Little Family Foundation Scholarship
One Education Way
Colorado Springs, CO 80906
Ph: (719) 540-8000

6. National Black MBA Association Scholarships

Annually, the National Black MBA Association offers several scholarships of up to $ 10,000 to active African American members who are entering their first year of a full-time or part-time MBA program at a recognized university in the United States or Canada. Eligible candidates must be US citizens, have a minimum cumulative GPA of 3.0, demonstrate exceptional leadership potential, be actively involved in their local community and recommended by a professional faculty member. With the application, students are required to attach an official transcript, photograph, current resume, and 500-word essay discussing their future career objectives in business.

Deadline: 19th January



National Black MBA Association Scholarships
1 East Wacker Avenue Suite 3500
Chicago, IL 60601
Ph: (312) 236-2622

7. Reaching Out LGBT MBA Fellowship

Sponsored by the Point Foundation, Reaching the LGBT MBA Fellowship Program provides at least $ 10,000 to young lesbian, gay, bisexual, and transgender professionals who wish to further their education by obtaining an MBA from a business school. Eligible candidates must self-identify as LGBT, demonstrate leadership roles on their resume, complete an application essay, and express interest in the on-campus LGBTQ clubs of business schools. Students from business schools can choose Columbia, MIT, NYU, Carnegie Mellon, Northwestern, Rice, UCLA, UC Berkeley, UVA, and more.


Deadline: 20th January

Address and website

Reaching Out LGBT MBA Fellowship
P.O. Box 515381
Los Angeles, CA 90051
Ph: (424) 209-8882

8. NSHMBA Foundation GMAT Preparation Scholarship

Established with the goal of helping Hispanic Americans have access to a quality college education in business, the National Society of Hispanic MBAs Foundation offers GMAT Preparation Scholarships to US citizens of Hispanic heritage, who are in financial need for GMAT entrance exam preparation Perform and receive admission. An MBA Program. The applicant must have a bachelor's degree from an AACSB-accredited institution, two years of professional work experience, and submit a 500-word dissertation describing their plans to graduate business school. The recipient retakes in-person or live online prep courses, 12 GMAT lesson books, personalized Veritas Prep accounts, online office hours with experienced instructors, MBA admissions workshop and free course.


Deadline: March 1st


Address and website

NSHMBA Foundation GMAT Prep Scholarship
450 East John Carpenter Freeway
Irving, TX 75052


9. Jon Brumley Texas Venture Labs Scholarship

Every year in February, The McCombs School of Business is presented the John Brumley Texas Venture Labs Scholarship at the University of Texas at Austin for excellent MBA students who show an innovative and entrepreneurial spirit. Each scholarship is for up to $ 174,000 with an annual scholarship of $ 10,000, state-tuition coverage, for $ 50,000 worth of consideration for postgraduate status as a venture partner, and Texas Venture while developing students' entrepreneurial companies Continues support from Labs. To apply, MBA students must submit a resume, a 500-word statement of interest, a two-page business executive summary, and a 90-second video pitch showing their innovative abilities.


Deadline: 15th January


Address and website

Jon Brumley Texas Venture Labs Scholarship
1 University Station B6000
Austin, TX 78712
Ph: (512) 471-5921

10. Gerardo Werthein Scholarship Fund

At Columbia Business School, the Gerardo Werthein Scholarship Fund was created to provide need-based awards ranging from $ 5,000 to $ 12,000 for incoming MBA students receiving financial aid for their studies. Strong preference is given to graduate students who live, work or attend school in Argentina and are interested in returning to Argentina to voluntarily give their professional expertise to nonprofits or public sectors. To determine the level of financial need of each student, the school will take into account all savings, investments, retirement accounts, tax refunds, income, benefits and educational loans.


Deadline: 1st  October


Address and website

Gerardo Werthein Scholarship Fund
3022 Broadway
New York, NY 10027
Ph: (212) 854-5553

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