Fully Funded MBA in the USA

26 June 2023

Obtaining a Master of Business Administration (MBA) degree can be a significant investment in your future, both in terms of time and money. However, for those who aspire to pursue an MBA in the United States, there is a ray of hope. Fully funded MBA programs are available at several prestigious institutions, providing an opportunity for talented individuals to pursue their educational goals without the burden of financial constraints. In this blog post, we will explore the concept of fully funded MBA programs in the USA and shed light on some renowned universities that offer these opportunities.

What Does “Fully Funded” Mean?

When we say a program is “fully funded,” it implies that the institution covers all costs associated with the MBA, including tuition fees, living expenses, and sometimes even travel expenses. This type of financial support allows students to focus on their studies and make the most of the opportunities available to them.

Top Fully Funded MBA Programs in the USA:

Fully Funded MBA Programs of Stanford Graduate School of Business:

A Stanford MBA degree is a significant investment in you and your future. Our community is committed to providing you the opportunity to attend Stanford GSB regardless of your financial resources.

Stanford GSB can help you fund your MBA through a combination of student loans and generous fellowship awards. Fellowships are offered to those with demonstrated need.

All MBA students who have demonstrated need, regardless of citizenship, are eligible for financial aid. Fellowships are gifts from our community, and they do not have to be repaid. The average Stanford GSB fellowship for the class of 2023 was approximately $44,000 per year or $88,000 in total awards. Learn More and Apply.

Fully Funded MBA Programs of Harvard Business School:

Harvard Business School (HBS) is committed to improving financial access and affordability for talented future leaders from all backgrounds. Approximately 50 percent of MBA students receive a need-based scholarship from HBS, with awards ranging from $2,500 to $76,000 per year. The average annual need-based scholarship last year was $42,000—or $84,000 over two years.

HBS offers generous aid throughout your time as a student and beyond – everything from Need-Based Tuition Assistance, to Summer Fellowships, to Career Support & Exploration. More Details.

Fully Funded MBA Programs of Yale School of Management:

Yale SOM offers a range of fellowships that fully cover tuition fees for MBA students. These fellowships are awarded based on both merit and financial need, ensuring that talented individuals can pursue their studies without worrying about the financial burden.

Fully Funded MBA Programs of Tuck School of Business at Dartmouth College:

The Tuck scholarship program is made possible thanks to the generous contributions of Tuck alumni, corporations, and nonprofit foundations. To apply for Tuck scholarships, there is no separate application process. Instead, the admissions and financial aid offices at Tuck review the application materials submitted by all candidates seeking admission. Scholarships are awarded based on the discretion of Tuck, with a focus on selecting incoming students who will make significant contributions to Tuck’s unique and immersive learning community. These scholarships are offered to exceptional students who may not be able to attend the Tuck School without financial support. The majority of available scholarships are awarded at the time of admission, and additional scholarship offers may be extended later as the best class is assembled.

Tuck scholarships vary in value, ranging from $10,000 to full tuition, with an average award of $30,065 per academic year. More Details.

Fully Funded MBA Programs of Cornell University Johnson Graduate School of Management:

As of my last knowledge update in September 2021, the Cornell University Johnson Graduate School of Management offers several MBA programs, but it’s important to note that funding options and program details may change over time. It is always best to refer to the official website of the university or contact the admissions office directly for the most up-to-date information. However, I can provide you with some general information about funding opportunities at Cornell University’s MBA programs.

Fully Funded MBA Programs of Duke University Fuqua School of Business:

Duke University Fuqua School of Business offers a wide range of merit scholarships to recognize exceptional students who have impressive credentials. We carefully evaluate all admitted students for eligibility for these scholarships, eliminating the need for a separate scholarship application. The scholarship awards, which can cover partial or full-tuition expenses, are directly applied by the University Bursar towards your tuition costs.

The Admissions Scholarship Committee selects recipients based on various factors, including their academic track record, demonstrated leadership abilities, community involvement, potential contributions to the Fuqua community, and professional accomplishments.

These scholarships are made possible through the generosity of our alumni, other members of the Fuqua community, foundations, corporations, and partnerships with external organizations. Apply and see scholarships.

Fully Funded MBA Programs of University of Pennsylvania Wharton School:

Wharton School of the University of Pennsylvania offers various fellowships and scholarships, some of which cover the full cost of tuition and fees. These awards are based on merit and financial need, ensuring that deserving students can pursue their MBA dreams without financial constraints. Learn more.

Would you like to know the salary amount of PhD and postdoc positions in Europe? 

You can find all the available full-funded PhD positions in different countries here.