Fully Funded MBA Programs For International Students In the US
About $30,000 to $120,000, is the cost range for those who want to go for an MBA degree in the United States of America. Yes, you heard that right, and to be fair that is not an easy amount that can come out of a student’s pocket. This is why we have decided to put together a list of fully funded MBA programs for international students.
Just as we have mentioned above, it does cost a lot to pursue a Masters of Business Administration (MBA) at a universities based in the US. Every year there are lots of students who try to look for ways to cut down tuition costs to be able to study for their MBA comfortably.
It is no news that the US is often considered the first option for international students worldwide due to the obvious benefits that come with it. The US is a place that has a lot of credible universities, colleges, and business schools that offer diverse academic programs.
Yes, it may be hard to get through all the application processes but as an international student who has enough determination and will, you can easily achieve your dream of studying in the US. Unfortunately, not enough will be able to deal with issues like financial incapabilities making most students out there to give up on getting their MBA degree.
Good thing we have institutions and organizations that are always willing to help. Most of these institutions have programs including fully funded MBA programs for international students in order to help individuals who do not have enough financial strength to tackle costs and expenses.
Now, let us take a look at why you should go for these fully funded MBA programs for international students.
Read Also – Fully Funded Masters Programs From The US
Benefits Of Fully Funded MBA Programs For International Students
The moment you get your MBA degree from any renowned university or business school in the United States of America, you will be able to demonstrate exceptional expertise, skills, and dedication in your chosen field. This not only highlights the level of expertise you have in that particular field but also allows you to properly apply all that knowledge across other industries and fields.
Now imagine not being able to do all these mentioned above just because you were not able to meet up with the tuition fees. Or because in one way or the other, studying for your MBA has been able to dry up your wallet or pocket. These are all right situations that nobody would wish for themselves.
That is why there are scholarships, grants, and helpful programs that are always there to give a helping hand to those in need. These scholarships would be able to see you through in one way or the other so that you do not have to bother a lot about expenses.
The actual benefits that come with being an awardee of fully funded MBA programs for international students are as follows:
- Networking Opportunities: You can meet a range of people from different backgrounds, such as professors, guest speakers, and alumni who may become valuable contacts in your career.
- Career Advancement: unlock opportunities for higher-level positions and better-paying jobs.
- Skill Development: You will develop practical skills like leadership, strategic thinking, problem-solving and many more
- Access to Resources: MBA programs provide access to resources such as career services, internship opportunities, research centers, and others
- Personal Growth: It’s not only about professional skills – many MBA students find that the experience helps them grow personally by becoming more confident resilient and adaptable
Now let us go into the list of fully funded MBA programs for international students that can be of great help.
1. M. A. and Lila Self Leadership Academy Program
First in our list of fully funded MBA programs for international students is the M. A. and Lila Self Leadership Academy Scholarship. Illinois Institute of Technology is here to support you financially if you are admitted to one of its study programs as an international student.
The M. A. and Lila Self Leadership Academy Scholarship is a highly respected award that recognizes outstanding leadership potential in top university applicants. It’s named after University Regent Al Self and his wife, Lila, who are committed to promoting leadership skills among young people. The selection process for this scholarship is rigorous and competitive, ensuring only the best candidates are chosen.
Recipients receive financial assistance as well as exclusive opportunities for leadership development and mentorship programs. The scholarship symbolizes excellence and inspires young leaders to make significant contributions to their communities and beyond.
Scholarship Value
Fully funded MBA programs for international students are often loaded with benefits. Some of the benefits attached to the M. A. and Lila Self Leadership Academy Scholarship include:
- Full-tuition scholarship in the initial year of admittance to the academy
- For each year following the first, students are only required to cover any annual increase in tuition
- Students are eligible for up to four years of undergraduate tuition; five years if the student is in the architecture program
- Exclusive leadership opportunities on-campus and in the Chicago area
- Networking luncheons and dinners
- Experiential leadership development and training
- Social cohesion with fellow Leadership Academy Scholars
- Certificate in Leadership Studies upon successful completion of the Academy’s programs and activities
Eligibility
The eligibility requirements for this program are as follows:
- Satisfactory academic progress (defined in the Illinois Tech Student Handbook as a minimum grade-point average of 3.0 in each semester) is required.
- Annual renewal of the scholarship is contingent upon satisfactory academic progress and attendance at all Leadership Academy-sponsored programs, including but not limited to Saturday leadership seminars, regular scholar meetings, and sophomore leadership retreats.
- Scholars are required to actively participate in a committee of their choosing to support the development of the Leadership Academy program.
- Scholars are required to contribute 10 hours of service per semester to community service projects that are officially sponsored by the Leadership Academy.
- All scholars must also adhere to university-wide codes of conduct; students who are accused and found guilty of conduct not in keeping with the code of conduct are subject to dismissal from the academy.
Scholarship Deadline
Most fully funded MBA programs for international students for this year have exceeded their deadline but luckily, these are still up. The deadline for the M. A. and Lila Self Leadership Academy Scholarship is stated to be on 15, November 2024.
2. The Shirley Miller Program
If you are looking for need-based fully funded MBA programs for international students, then this one is definitely for you. The Georgia Institute of Technology is here to help and support you financially if you are admitted to one of its study programs as an international student.
The Shirley Miller Scholarship is a great opportunity for students who are HOPE Scholars. It supplements the difference between their HOPE award and tuition cost, making it easier to pursue educational goals without financial worries. The scholarship is after former First Lady Shirley Miller, who had lifelong contributions to education and inspired many others to do the same.
Her legacy lives on through this scholarship, which helps deserving students achieve their dreams and reach their full potential. By providing extra support, the Shirley Miller Scholarship makes sure that every student has access to quality education regardless of financial background or circumstances. It’s a testament to the power of education and investing in our future generations.
Scholarship Amount
It has been announced that this year, there is only one Shirley Miller Scholarship available for individuals who meet the eligibility criteria. This scholarship holds significant value as it covers the entire cost of tuition fees, amounting to a 100% waiver.
Therefore prospective candidates must ensure that they meet the necessary requirements and submit their applications in a timely manner to be considered for this prestigious award.
Eligibility
Don’t be in a hurry to apply for just any fully funded MBA programs for international students, let’s first take a look at the criteria needed:
- All HOPE Scholarship recipients must be 18 years of age or older and currently enrolled in a USG or TCSG institution.
- Applicants who are Black, Asian, or Hispanic.
- Applicants enrolled in a public Historically Black College or University (HBCU).
- Applicants whose annual household income is below the median household income in Georgia.
- Applicants who are first-generation college students.
Scholarship Deadline
The deadline for the Shirley Miller Scholarship program is unknown at the moment but do not slack back because of this. You can apply immediately by visiting the official website and also check out other fully funded MBA programs for international students.
Read Also – US MBA Scholarships For African Students – Apply Now!
3. International Education Fund Scholarship (IEFS)
Unlike the other fully funded MBA programs for international students we have listed above, this one is actually both a merit and need-based program. This scholarship is for UT Dallas students who are participating in an Education Abroad program. If you eventually become an awardee of an IEF scholarship, all requirements in your program application will need to be completed before funds can be disbursed
It is also important to note that the International Education Fund (IEF) Scholarship is offered to students interested in studying abroad and is based on the availability of funds, the number of students applying, and the quality of the application.
Scholarship Amount
The scholarship amount granted to students is based on their program duration and financial circumstances. To be eligible for consideration of financial need, a FAFSA must be submitted to the Financial Aid Office.
Eligibility
Fully funded MBA programs for international students like the International Education Fund Scholarship (IEFS) require that:
- Students must be enrolled according to the requirements of their specific program.
- Students participating in an international internship must be enrolled in at least 1 credit while abroad (0-credit courses are ineligible).
- Enrolled full-time with UT Dallas at the time of application.
- Students applying for the IEF Scholarship for short-term (customized) programs must have successfully completed a minimum of 12 (undergraduate) or 9 (graduate) semester credit hours at UT Dallas (residential hours) by the program start date.
- McDermott Scholars, Students from the Executive Division of the Naveen Jindal School of Management, and international students intending to pursue international educational programs in their home countries are not eligible for the IEF Scholarship.
- National Merit Scholars and Terry Scholars participating in an exchange or affiliate program for a semester or academic year may apply for the IEF Scholarship.
- Students who receive funds from the International Education Fund must comply with all regulations and policies established by the Office of International Education at UT Dallas
Scholarship Deadline
The deadline for this scholarship program is stated to be on 15, October 2024. Be sure to apply before then and for other fully funded MBA programs for international students, check our the official website.
