Harvard University MBA Scholarship 2027 – Eligibility, Application Process & Deadline
Harvard University MBA Scholarship 2027 – Eligibility, Application Process & Deadline: Studying for an MBA at Harvard Business School is a dream for ambitious students around the world, but the cost of tuition can be a major barrier. The Harvard University MBA Scholarship 2027, funded through the Boustany Foundation, offers exceptional international students the chance to pursue this world-class degree with significant financial support. This guide covers everything you need to know about the Harvard University MBA Scholarship 2027, including eligibility requirements, the application process, funding details, and key deadlines.
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About the Harvard MBA Scholarship
It’s important to understand that this scholarship is not directly administered by Harvard University itself. Instead, it is offered by the Boustany Foundation, a private philanthropic organization, specifically for students who have already been admitted to the MBA program at Harvard Business School. For this reason, the award is also commonly referred to as the Boustany MBA Harvard Scholarship. It is granted once every two years to a single outstanding candidate for the two-year, full-time MBA program at Harvard Business School, and the next award cycle is for the class beginning in the fall of 2027.
Harvard Business School itself is one of the most respected business schools in the world, known for pioneering the case-study method of teaching that is now widely used in business education globally.
Harvard University MBA Scholarship 2027 Overview
| Detail | Information |
|---|---|
| Scholarship Name | Harvard University MBA Scholarship (Boustany MBA Harvard Scholarship) |
| Funded By | Boustany Foundation |
| Host Institution | Harvard Business School, USA |
| Degree Level | Full-Time MBA |
| Program Duration | 2 Years |
| Number of Awards | 1 candidate, granted once every 2 years |
| Coverage | Approximately 75% of tuition fees, plus internship-related travel, accommodation, and meals |
| Eligible Nationalities | Open to all nationalities; priority given to candidates of Lebanese descent |
| Program Start | Fall 2027 intake |
| Application Deadline | May 31, 2027 |
| Award Announcement | June 2027 |
What Does the Scholarship Cover?
The Harvard MBA Scholarship offers substantial financial support to its recipient, including:
- Tuition Support: Coverage of approximately 75% of tuition fees for the two-year Harvard MBA program.
- Internship Opportunity: A mandatory two-month internship with the Boustany Foundation at its office in Monaco, offering scholars hands-on professional experience alongside their academic studies.
- Travel Expenses: Coverage of travel costs related to the internship in Monaco.
- Accommodation & Meals: Accommodation and meal costs are covered during the internship period.
This combination of academic funding and practical, real-world experience sets the Harvard MBA Scholarship apart from many other MBA funding opportunities, which typically cover tuition alone.
Eligibility Criteria for Harvard University MBA Scholarship 2027
Since this Harvard MBA Scholarship is only available to students who have already secured admission to the Harvard MBA program, candidates should keep the following requirements in mind:
- Harvard MBA Admission: Applicants must first apply to and receive an official offer of admission from the Harvard Business School MBA program before applying for this scholarship.
- Academic Excellence: Candidates should have an outstanding academic record and demonstrate strong future potential.
- GMAT Score: A competitive GMAT score is expected; Harvard’s median incoming MBA class score is typically in the 700s range.
- English Proficiency: Applicants must demonstrate fluency in English, which is generally evidenced through standardized test scores such as TOEFL or IELTS, where applicable.
- Nationality: The scholarship is open to students of all nationalities; however, preference is given to candidates of Lebanese descent.
- Coverage Scope: The scholarship covers the student only — it does not extend to cover expenses for spouses or family members, who would need to arrange their own visas and funding separately.
Required Documents
When applying for the Harvard University MBA Scholarship 2027, candidates are generally expected to prepare the following:
- Updated curriculum vitae (CV) with a recent photograph
- GMAT score report
- Official offer/acceptance letter from Harvard Business School
- Academic transcripts and degree certificates from previous institutions
- Recommendation letters (professional references, as required for the Harvard MBA application)
- A personal statement outlining leadership experience, career goals, and motivation (recommended, though requirements can vary by cycle)
- Proof of English proficiency, if applicable
- A valid passport copy
Step-by-Step Application Process
Since the scholarship application depends on first securing admission to Harvard’s MBA program, the process generally involves two major stages:
- Apply to the Harvard MBA Program: Submit your application to Harvard Business School through the official admissions portal, including all required essays, your resume, recommendation letters, and standardized test scores. Harvard’s MBA admissions process typically runs through multiple application rounds during the preceding academic year.
- Receive Your Admission Decision: Wait for Harvard Business School to issue its admission decision. Only candidates who receive a formal offer of admission are eligible to move forward with the scholarship application.
- Prepare Your Scholarship Documents: Once admitted, gather the required scholarship documents, including your CV, photograph, GMAT score, and official Harvard acceptance letter.
- Submit Your Scholarship Application: Email your complete application package to the Boustany Foundation’s official admissions contact before the deadline of May 31, 2027.
- Interview Stage: Shortlisted candidates will be invited to one or more interviews with the Foundation’s selection committee, who will assess leadership potential, academic achievement, and alignment with the Foundation’s goals.
- Final Selection: One candidate will ultimately be selected to receive the scholarship, with the announcement made in June 2027.
Key Dates to Remember
- Scholarship Application Deadline: May 31, 2027
- Award Announcement: June 2027
- Program Start: Fall 2027 intake (Harvard MBA Class of 2029)
Because this scholarship requires prior admission to Harvard’s MBA program, prospective applicants should plan well ahead and pay close attention to Harvard Business School’s own MBA application rounds, which typically close many months before the scholarship deadline.
Why This Scholarship Matters
An MBA from Harvard Business School is one of the most respected qualifications in the global business world, but the cost of tuition, living expenses, and related fees can run into six figures over the two-year program. A scholarship covering a significant portion of tuition costs — combined with a structured international internship — can make a real difference for talented students who might not otherwise be able to afford this opportunity. For candidates with strong academic records and leadership potential, this scholarship represents both a financial lifeline and a valuable career-building experience.
Frequently Asked Questions (FAQs)
1. Is this scholarship offered directly by Harvard University? No. The scholarship is funded and administered by the Boustany Foundation for students who have already been admitted to the Harvard MBA program.
2. What is the application deadline for the 2027 scholarship cycle? The deadline to submit scholarship applications is May 31, 2027.
3. Do I need to be admitted to Harvard before applying for this Harvard MBA Scholarship? Yes. Candidates must first secure an official offer of admission to the Harvard MBA program before they are eligible to apply for the scholarship.
4. How much of my tuition will the Harvard MBA Scholarship cover? The scholarship covers approximately 75% of tuition fees for the two-year MBA program.
5. Is the scholarship open to students of all nationalities? Yes, applicants of all nationalities may apply, though priority is given to candidates of Lebanese descent.
6. Does the scholarship cover expenses for a spouse or family? No. The scholarship covers the student only; family members would need to arrange their own visas and funding.
7. Is there an internship requirement attached to this Harvard MBA Scholarship? Yes. Selected scholars are required to complete a two-month internship with the Boustany Foundation in Monaco, with travel, accommodation, and meal costs covered by the Foundation.
