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MBA Heaven: Applying to Business School
Home » Paying for School » Fellowships, Scholarships, and Grants

Business School Fellowships and Scholarships: Every Student's Dream!

business school fellowships and scholarships

The world of business school fellowships, scholarships, and grants is limited and frustrating. Basically, fellowships, scholarships, and grants are financial awards that do not need to be repaid. They're "free money" designed to allow those who merit money – the poor, the underprivileged, and the talented – to go to business school. So far so good, right?

The mess becomes apparent once you dig deeper. The first damning characteristic is the variety of funding sources, ranging from governments, universities, and private foundations. There are (literally) hundreds of such awards and no central repository for such information. In other words, there isn't a simple, efficient way to search a complete database of funding sources.

Many deadlines for outside funding are early, so we recommend that you work on your funding requests at the same time as you're working on your business school applications. Don't wait until after you've submitted your applications.

Given the mess that business school fellowships and scholarships represent, we've taken a stab at compiling a list of the most useful sources of funding. After you've gone through this list, take a look at the two search engines that we mention. Between them all, you'll have a chance of finding something. Just don't expect it to be easy.

portable federal fellowships Funding for Minority / Special Status Students

If you're African American, Hispanic, Native American, ex-military, LGBT, female, there are funding sources earmarked for you. These fellowships are awarded based on need, merit, or both. Below is a non-exhaustive list to help you get started:

portable federal fellowships Funding for International Students

If you're not a U.S. citizen, review the following sites and conduct your own research for funding opportunities in your home country. These fellowships are awarded based on need, merit, or both. Below is a non-exhaustive list to help you get started:

portable federal fellowships Funding for Naturalized U.S. Citizens / Resident Aliens

If you're a naturalized U.S. citizen, resident alien, or the child of naturalized parents, consider applying to The Paul and Daisy Soros Fellowships for New Americans. Fellowships cover two years of graduate study.

portable independent fellowshipsOther Funding Opportunities

If you're not eligible for any of the funding opportunities above, review the scholarships and fellowships listed below:

fastweb Fastweb

Fastweb is a search engine that crawls through a database of financial awards totaling more than $3 billion. The web site requires you to register but the service is free of charge. It's not a complete database, but it's a good start in your quest to discover business school fellowships and scholarships.

grants.gov Grants.gov

Grants.gov is a central repository of data on over 1,000 grant programs from federal agencies totaling approximately $500 billion in annual awards. The web site contains information on grants available to both individuals and organizations. Remember to narrow your search to grants available to "individuals" in the advanced search tab.

The Scholarships & Grants Guide

Mr. Bohlken has assembled a database of thousands of scholarships and grants over a period of nearly a decade. His mission is to save students countless hours of research by providing a one-stop resource. His product is not free but comes with a 100% money back guarantee.





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