I'm planning on attending a business school as an international student. What kinds of scholarships are typically available? Are there specific business programs known for offering generous scholarships to international students?
There are indeed a host of scholarships available to international students planning to study in business schools abroad. These scholarships can be based on merit, financial need, or sometimes, country of origin, business ideas, or academic specializations.
Let me provide you with examples of some business schools known for their generous financial aid. Keep in mind this isn't an exhaustive list, just an illustration of the different kinds of aid provided by different schools.
1. Harvard Business School: Harvard provides need-based scholarships to students, including international students. The amount is usually around half of tuition, but it can vary based on your financial circumstances.
2. INSEAD: INSEAD offers a wide range of scholarships to its MBA students, including several that are specifically for non-European Union students. Their scholarships can be merit-based, need-based, or based on the country of origin.
3. The University of Chicago Booth School of Business: The Chicago Booth also provides many scholarships, typically merit-based. They have generic scholarships as well as scholarships specific to international students from particular countries.
4. Melbourne Business School: Melbourne Business School offers various scholarships for its MBA program, which are merit-based and vary in size.
To hunt down more opportunities, I'd recommend utilizing resources like the International Education Financial Aid (IEFA) website, or Appily which lists scholarship opportunities for international students. Also, prospective business students should look at relevant professional associations, many of which offer scholarships (e.g., the National Business Association Scholarship Program).
Lastly, don’t forget to check out individual university websites for a comprehensive list of scholarships. Many business schools also have school-specific scholarships. Always confirm the eligibility criteria and application process. It might be helpful to consult directly with a school's financial aid or admissions department for most accurate resources. Happy scholarship hunting!
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