Fully funded MBA scholarships in USA 2025 (Visa Sponsorship)
Dreaming of an MBA without financial stress? Many top U.S. business schools offer fully funded scholarships that include visa sponsorship, ensuring you can study and work in the U.S. Here’s your ultimate guide to the biggest MBA scholarships in 2025.
List of Available MBA scholarships in USA 2025
1. MIT Sloan School of Management – Dean’s Fellowship
The Dean’s Fellowship at MIT Sloan is a prestigious, merit-based award for outstanding MBA candidates. It recognizes exceptional academic, leadership, and professional potential.
Eligibility & Criteria
- All admitted MBA candidates are automatically considered.
- Merit-based: strong leadership, academic achievement.
Benefits & Coverage
- Partial to full tuition coverage varies per recipient.
- Includes MIT’s F‑1 visa support.
How to Apply
- Apply to MIT Sloan MBA.
- Dean’s Fellowships are granted automatically to strong candidates.
- No separate application needed.
2. Wharton School – Joseph Wharton Fellowship
The Joseph Wharton Fellowship is one of Wharton’s most competitive scholarships, awarded to exceptional MBA students who demonstrate leadership and academic excellence.
Eligibility & Criteria
- All admitted students are considered.
- Awarded for academic excellence, leadership, and personal qualities.
Benefits & Coverage
- Two-year tuition fellowship spread over four semesters.
How to Apply
- Submit the Wharton MBA application.
- Fellowship is awarded automatically with admission.
- Non-U.S. students receive support plus an F-1 visa.
3. Stanford GSB – Knight‑Hennessy Scholars
The Knight-Hennessy Scholars Program at Stanford GSB is one of the most prestigious, fully funded graduate fellowships in the world, focusing on developing future global leaders.
Eligibility & Criteria
- Graduate degree seekers (MBA, MS, etc.) completing bachelor’s post-January 2017.
- Leadership, civic mindset, independence, purpose.
Benefits & Coverage
- Covers full tuition + living expenses, insurance, travel, and stipend.
- Includes I‑20 for F‑1 visa.
How to Apply
- Apply to Stanford GSB and Knight-Hennessy separately.
- Submit essays, transcripts, test scores, and recommendations
- Apply by Oct 8, 2025.
4. Harvard Business School – Need-Based MBA Scholarships
Harvard offers need-based MBA scholarships to ensure financial barriers do not prevent access to its world-class education. Over 50% of HBS students receive financial aid.
Eligibility & Criteria
- All admitted students are evaluated need‑blind on admission.
- Demonstrate financial need; strong candidates may receive full tuition.
Benefits & Coverage
- 50% students receive financial aid ($76K annually).
- Includes summer internship funding and loan assistance.
How to Apply
- Apply to HBS MBA.
- Submit the financial aid form with income details post-admission.
- Scholarships are awarded with the admission decision, and visa support via I‑20.
5. The Consortium for Graduate Study in Management
The Consortium is a network of leading U.S. business schools offering full-tuition MBA fellowships to underrepresented minorities, aiming to enhance diversity in management.
Eligibility & Criteria
- U.S. underrepresented minorities (Black/African‑American, Hispanic, Native American).
Benefits & Coverage
- Full-tuition fellowships from member schools + application fee waiver.
How to Apply
- Complete Consortium application (one form serves multiple schools).
- Apply to MBA programs after acceptance to be eligible.
- Awards announced alongside admission; visa support granted per institution.
6. Forté Fellows Program
The Forté Fellows Program is designed to empower women to pursue MBA degrees, offering financial support and access to exclusive career-building opportunities.
Eligibility & Criteria
- Women are enrolling in MBA programs at participating schools.
- Leadership and academic excellence are required.
Benefits & Coverage
- Up to $25,000 toward tuition.
How to Apply
- Apply to the MBA at a Forte partner school.
- No separate Fellowship application—review is automatic.
- The school handles visa sponsorship.
7. Fulbright Foreign Student Program
The Fulbright Foreign Student Program is a prestigious international scholarship that provides full funding for graduate study, research, and professional development in the U.S.
Eligibility & Criteria
- For non-U.S. citizens with a bachelor’s degree for graduate study in the U.S..
Benefits & Coverage
- Full tuition, living stipend, airfare, health insurance, and visa support.
How to Apply
- Apply via the Fulbright Commission in your home country.
- Follow local deadlines and application procedures.
- Once selected, enroll in a U.S. MBA program; visa (typically J‑1) arranged by Fulbright.
8. Yale School of Management – Yale MBA Scholarships
Yale SOM offers generous merit and need-based MBA scholarships, including the unique Aspire Fellowships for socio-economically disadvantaged candidates.
Eligibility & Criteria
- All admitted MBA students are considered; special Aspire Fellowships are available for socio-economically disadvantaged candidates.
Benefits & Coverage
- Merit or need-based awards starting at 50% tuition.
- Full purchases and visa support.
How to Apply
- Complete Yale MBA application.
- Submit the Scholarship Application after admission.
- Scholarship awarded through the portal; visa forms provided.
Application Process (General Steps)
1. Select MBA Programs and Scholarships
- Explore each school’s website and note deadlines.
2. Prepare Core Materials
- GMAT/GRE, TOEFL/IELTS (if required)
- CV, transcripts, essays, recommendations
3. Submit MBA Application
- Apply to school + relevant fellowships (Consortium, Forte, Knight-Hennessy).
4. Submit Financial Aid Forms
- For need-based support (HBS, HKS, etc.), upload financial documents as required.
5. Await Results and Scholarship Awards
- Most fellowships are awarded concurrently with admission offers.
6. Secure Visa Documentation
- Once admitted, complete the foreign student survey. The institution issues Form I‑20 or DS‑2019.
7. Attend Embassy Visa Interview
- Apply for your F-1 or J-1 visa with the provided documents.
Tips for a Winning MBA Scholarship Application
- Start early: Fellowships like Knight‑Hennessy close in October.
- Highlight leadership & impact: Fellowships reward more than academics.
- Apply to multiple programs: Diversifies your chances.
- Use Consortium’s streamlined application: Apply to 6 schools via one form.
- Demonstrate financial need for need-based aid: Be transparent and comprehensive.
- Craft strong essays: Clearly express why you deserve the scholarship and your vision.
Conclusion
Fully funded MBA scholarships in the U.S. are more attainable than ever. With strategic preparation, strong test scores, leadership stories, and early deadlines, you can access world-class education and long-term career benefits. Add visa peace-of-mind and you’re set.
👉 Your future starts with one application. Seize the opportunity.