Harvard University MBA Scholarship Program 2027

Harvard University MBA Scholarship Program 2027 in the USA

The Harvard University MBA Scholarship Program 2027 offers outstanding students an opportunity to pursue an MBA at Harvard Business School in the United States with significant financial support from the Boustany Foundation. The scholarship is awarded once every two years and is intended for candidates with excellent academic backgrounds and strong potential for future leadership.

The next Boustany MBA Harvard Scholarship will be awarded for the class commencing in Autumn 2027. Unlike a fully funded scholarship, this opportunity covers 75% of tuition fees and provides travel and accommodation expenses connected with the required internship at the Boustany Foundation in Monaco.

Harvard University MBA Scholarship 2027 Overview

What Is the Harvard MBA Scholarship?

The Boustany MBA Harvard Scholarship is a prestigious scholarship for students admitted to the Harvard MBA programme. It is offered once every two years and supports one outstanding candidate for the Harvard Business School MBA.

The scholarship aims to support talented individuals with excellent academic records and considerable future potential. While applicants from all nationalities can apply, the Boustany Foundation gives priority to candidates of Lebanese descent.

An important point for prospective applicants is that this scholarship is not a substitute for Harvard MBA admission. Candidates must first receive an offer of admission to the Harvard MBA programme before they can apply for the Boustany scholarship.

Scholarship Benefits

The major financial benefit is a scholarship covering 75% of the Harvard MBA tuition fees. The Foundation also covers travel and accommodation expenses related to the required internship in Monaco.

Selected scholars must complete a two-month unpaid internship at the Boustany Foundation's office in Monaco. During the internship, the scholar may work on projects related to increasing awareness of the Foundation, developing scholarship initiatives, or other activities supporting the Foundation's mission. Travel, accommodation, and food expenses associated with the internship are covered by the Foundation.

Because the scholarship does not cover the entire cost of the Harvard MBA, successful candidates should plan separately for the remaining tuition and other educational or living expenses.

Eligibility Criteria

Applicants must have an excellent academic background and demonstrate significant potential. The scholarship is open to candidates of all nationalities, although preference is given to applicants of Lebanese descent.

The most important eligibility requirement is that candidates must already have an offer of admission from Harvard Business School's MBA programme. Applicants cannot apply for the Boustany scholarship before receiving the Harvard MBA admission offer.

Candidates should therefore focus first on preparing a competitive Harvard MBA application. A strong academic record, professional achievements, leadership experience, and a compelling career trajectory can help applicants compete for admission and subsequently for the scholarship.

Required Documents

Applicants for the Boustany MBA Harvard Scholarship need to submit several key documents. The Foundation specifically requests a CV with a photograph, GMAT scores, and the Harvard University MBA acceptance letter.

Candidates should prepare these documents carefully and ensure that their CV clearly presents their academic achievements, professional experience, leadership activities, and major accomplishments.

The Harvard MBA acceptance letter is particularly important because scholarship applications submitted without proof of admission will not be considered.

How to Apply

The application process begins with applying to the Harvard Business School MBA programme. Candidates must receive an official admission offer before applying for the Boustany MBA Harvard Scholarship.

Once admitted, eligible candidates should prepare their CV, GMAT score information, and Harvard MBA acceptance letter. These materials should then be sent to the Boustany Foundation at the email address specified in the official scholarship instructions.

Shortlisted candidates will be invited to participate in one or more interviews with the Foundation. Following the selection process, one candidate will be awarded the scholarship.

Application Deadline

The application deadline for the Harvard University MBA Scholarship 2027 is May 31, 2027. The Foundation states that the scholarship will be awarded in June 2027.

Since candidates must first secure admission to Harvard Business School, they should begin their MBA admission process well before the scholarship deadline. Waiting until May 2027 to start the Harvard admission process would not be practical because the scholarship requires an existing admission offer.

Boustany Foundation Internship

One of the distinctive features of this scholarship is the required internship with the Boustany Foundation in Monaco. The internship lasts two months and is unpaid, but the Foundation covers the associated travel, accommodation, and food expenses.

During the internship, scholars may contribute to projects involving scholarship awareness, development of new scholarship programmes, or other Foundation initiatives. The exact project can be determined according to the scholar's interests and profile.

This practical experience allows the selected scholar to complement their Harvard MBA education with exposure to the work of an international philanthropic foundation.

Why Apply for the Harvard MBA Scholarship?

Studying at Harvard Business School can provide access to a globally recognised business education and a diverse network of professionals, entrepreneurs, and future leaders. The Boustany scholarship can significantly reduce the financial burden of the MBA by covering 75% of tuition fees.

The Monaco internship adds another valuable dimension to the opportunity. Scholars can gain practical experience while contributing to projects related to education, scholarships, and philanthropy.

For ambitious professionals who want to develop careers in business, entrepreneurship, leadership, consulting, finance, or other management fields, this scholarship can provide valuable academic and professional exposure.

Important Note About Funding

Applicants should understand that the Harvard MBA Scholarship is partially funded rather than fully funded. The Boustany Foundation covers 75% of tuition fees and internship-related expenses, but it does not cover all costs of the Harvard MBA programme.

Candidates should therefore prepare a financial plan for the remaining tuition fees and other costs associated with studying and living in the United States.

Final Thoughts

The Harvard University MBA Scholarship Program 2027 is a highly competitive opportunity for outstanding students seeking an MBA from Harvard Business School. The Boustany Foundation provides 75% tuition support, along with travel and accommodation expenses associated with the required two-month internship in Monaco.

The scholarship is open to applicants from all nationalities, with preference given to candidates of Lebanese descent. Since applicants must first receive an offer from Harvard Business School, prospective candidates should start preparing their MBA admission applications early.

With the scholarship deadline set for May 31, 2027, talented candidates should focus on securing Harvard MBA admission first and then prepare a strong scholarship application highlighting their academic achievements, leadership potential, and future goals. Apply Now