Sign in with Google
Sign in with Apple
Pursuing an education has become one of the most expensive assets a person can attain, and programs like MBA represent a significant investment in your future. While the ROI on an MBA is usually worth it, most applicants seek financial assistance. Scholarships and fellowships come up as the most desired form of financial aid.
It’s never too early to begin the search for college scholarships. As soon as you start applying for an MBA, you should begin your research - and we’re here to help you get started!
This article will provide a starting point for top-ranked MBA programs in California that offer a variety of need-based and merit-based scholarships.
1.Stanford University
-
Stanford GSB need-based fellowships
Stanford GSB fellowships are awarded based solely on your demonstrated financial need. The average Stanford GSB fellowship is approximately $42,000 annually or $84,000 in total awards.
-
Stanford GSB BOLD Fellows Fund
Building Opportunities for Leadership Diversity Fellows Fund is to further Stanford University’s commitment to diversity and inclusion. The BOLD Fellows Fund awards will be up to approximately $15,000 per fellow per year or around $30,000 per fellow’s two-year MBA program.
Eligibility:
-
Being a member of a low-income household or facing socioeconomic disadvantage due to intergenerational wealth disparities
-
Providing financial support to parents, parental figures, or other family members during and post-MBA Program.
-
Demonstrating a commitment to advancing diversity, equity, and inclusion
-
Stanford Knight-Hennessy Scholars Program
The Knight Hennessy Scholarship for International Students in the USA is fully funded. All expenses are covered in this scholarship, such as
-
Covers Full Tuition and associated fees.
-
Stipend for living and educational expenses.
-
A Travel Stipend intended to cover an Economy-Class Ticket.
-
Scholars in their second and third years may apply for supplemental funds to support academic enrichment activities.
Each year, Knight-Hennessy Scholars selects up to 100 students who are newly enrolling in a graduate degree program in any of Stanford’s seven schools.
-
Career Support
Stanford GSB offers financial support to qualifying MBAs who pursue careers in the nonprofit and public service sectors or high-impact businesses.
-
External Scholarships
They encourage you to research sources outside Stanford GSB to help reduce your debt load. If you receive an external scholarship for less than $40,000, your Stanford GSB fellowship will not be reduced. If you receive an external scholarship for more than $40,000, your Stanford GSB fellowship will be reduced.
Suggested Readings
2. University of California--Los Angeles
-
The UCLA Anderson FEMBA Dean’s Fellowship
This is awarded to new admits on the strength of their admission applications and financial need. The total fellowship award amount is $30,000, disbursed in quarterly installments.
-
UCLA Financial Aid
UCLA offers need-based financial aid to students who submit the Free Application for Federal Student Aid. These grants are essentially free money that will not need to be repaid.
-
Donor Fellowships
Various alums, corporates, foundations, and individual donors offer this scholarship according to selection criteria such as professional development, intended career, community involvement, or financial need.
-
Merit Fellowships
This scholarship is based on the strength of admit’s admission application at the time of admission and is final. Awards are for two years and are made by the UCLA Anderson Fellowship Committee.
3. University of California, Berkeley
Need-Based Scholarships
-
Berkeley MBA Grant
Berkeley MBA grants are awarded based on your demonstrated financial need. Applicants will be asked to self-report income and asset information to determine funding eligibility. They do not publish any income cut-off point. Therefore, students interested in need-based funding must apply.
-
Jimenez Family Fellowship
Those students who are US citizens and have scored high in their graduation, then this need-based scholarship “Jimenez Family fellowship is for those applicants.
Merit-Based Scholarships and Fellowships
-
Brian Maxwell Fellowship
Applicants who believe that they have and can demonstrate their entrepreneurial skills and create and implement innovative projects, products, and ideas to the admission committee then Berkeley has this amazing merit scholarship named as Brian Maxwell Fellowship.
-
Berkeley Haas Scholarships
If you think you can showcase excellence, advocacy, and commitment to academics, racial and gender equity, industry, leadership, and LGBTQ in an organization and community, then the Berkeley Hass scholarship has a lot to offer you.
-
Torres Family Fellowship
This fellowship is awarded to MBA students who prefer California-born students who demonstrate excellence in leadership skills.
USC Marshall
-
Schoen Family Scholarship Program for Veterans
Candidates who have received an honorable discharge from the U.S. Armed Forces and have a minimum of three years of continuous, full-time activity duty in the last ten years, then the Schoen Family Scholarship Program provides you an opportunity for scholarships.
This is it from our side - if you find this article useful and want us to cover more top schools’ scholarships, do let us know in the comment section. Also, tell us which topic you like us to write about next!
