Free MBA Scholarships

Many colleges and universities offer free scholarships to students who are accepted into MBA programs. Foundations and societies also provide accomplished and diverse students with scholarship options. Keep reading to learn what is required for eligibility to apply for these free scholarship opportunities. Schools offering Business degrees can also be found in these popular choices.

Overview of Free MBA Scholarships

An MBA is a Master of Business Administration and can include a number of disciplines within this broad spectrum title. This graduate degree can help to advance students in a multifaceted career, providing them with an advantage over the competition. Some of the areas prospective students could specialize in include:

  • Strategy
  • Consulting
  • Marketing
  • Finance
  • International management

Several universities offer free scholarships to eligible students, with some being more academically competitive than others. It is quite common for your university to automatically add students to a scholarship application list upon acceptance to the institution or program. Others, like two of those included below, require you to submit an application even after acceptance into a specific program. These scholarships require a bit of effort on your part, as they ask you to supply a multitude of documents demonstrating your potential in the field. Keep reading to learn about three academic institutions that award students with free MBA scholarships.

Warrington College Of Business - University of Florida

Warrington College of Business offers a full-tuition scholarship for eligible students in the MBA program, and students are automatically considered after they receive their acceptance letters. This covers 32 to 48 credits within the full-time MBA programs taken at the college itself, but not all students qualify. Students who are sponsored by an employer, or who are joint or concurrent students are not eligible, but the school does offer other merit scholarships for them if they are interested in alternate financial aid options.

Based on the past, the credentials required to be seriously considered for this scholarship are:

  • At least a GMAT 680 score or GRE score 316
  • An undergrad GPA of 3.45 or higher
  • Four years of professional experience
  • Two letters of professional recommendation

National Society Daughters of the American Revolution (NSDAR)

The Mary Elizabeth Lockwood Beneventi MBA Scholarship offered by the NSDAR offers a one-time financial stipend in the amount of $2,000, and it is open to anyone, including nonmembers. The student must be attending an accredited university with full-time status, and students may reapply the next year even if they are a winner. This society offers several other scholarship opportunities, with many expanding to contain all graduate programs. You can apply by filling out the form on the website and sending it, along with the required documents, by email.

The materials you need to apply are as follows:

  • Transcripts indicating at least a 3.25 GPA
  • Proof of U.S. citizenship
  • 1,000-word statement about career goals
  • At least 2 recommendation letters
  • A list of your extra-curriculars, honors, and scholastic achievements

Boustany Foundation - Harvard University

This foundation offers a full-tuition scholarship which spans two years at Harvard University for a grand total of $95,000. It includes all students, regardless of their nationality, and provides payment for travel expenses to those from outside the country; preference is given to Lebanese applicants. The winner is expected to partake in a two-month unpaid internship which relates to activities involving the Foundation.

If you have received an offer of admission into the MBA program, then you are eligible to submit an application by sending all materials to Once you pass the first round of the applicant pool they will schedule an interview with you and make their decision after talking with each of the remaining top candidates.

The materials you need to apply are:

  • Curriculum vitae
  • Personal photo
  • GMAT scores
  • A copy of your acceptance letter into the program

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

  • 1. Degree Options:
The schools in the listing below are not free and may include sponsored content but are popular choices among our users. Tuition and costs will vary across programs and locations. Be sure to always request tuition information before starting a program.

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