Now is the time to apply for fully-funded MBA or Business Administration Scholarships for the academic session of 2022-2023. The applications are currently being entertained throughout 2021 for the 2022-2023 batch.
No doubt MBA is becoming one of the most recommended degrees in the world to step into the world of business and administration. No matter taking an MBA degree on-campus or online, the overall MBA degree will take almost 2 years to get completed! This business degree is popular for its rigorous curriculum. And if you plan on getting enrolled for an MBA degree in any of the Top Universities; then get ready to spend thousands of dollars for it. But, in case if you can’t fund it then consider applying for fully and partially funded MBA and business administration scholarships.
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How much is the tuition fees for an MBA Degree?
To get an MBA degree, you have to pay an average tuition fee of US$35,000. Each business school will have a different fee structure. Most of the top MBA schools also award scholarships to enable talented students to get free education!
If you are not able to pay such a huge tuition fee for the completion of your MBA degree, then the best opportunity you can avail yourself of is to apply for fully-funded scholarships. With the help of a business degree scholarship, you can easily cut down enough of your tuition fee and few other expenses in case you got a partial funding grant.
To help you a bit, here we have discussed a few popular and most recommended MBA & Business Administration scholarships available for applications in 2021 for the academic session of 2022-2023; to which you should apply right now!
List of Best MBA & Business Administration Scholarships 2022
Government Finance Officers Association (GFOA) Best Scholarships
This scholarship is available for both part-time and full-time students. All those students who are interested to study MBA in finance subject; can apply for this scholarship. Government Finance Officers Association is based in Chicago and available for funding in the US and Canada.
Awarded Amount: $6,000–$15,000
Society for the Human Resource Management (SHRM) Foundation Scholarships
Next, we have SHRM Foundation graduate scholarships for the students of the Human Resource field. Only those students can apply for this scholarship program that is currently pursuing a master’s degree in the field of Human Resources or either in Human Relations.
Awarded Amount: $5,000
Association of the Insurance Compliance Professionals (AICP) Scholarship Program
This scholarship is a complete merit-based program/scholarship. To apply for this scholarship, the applicant needs to have at least a 3.0/4.0 GPA and must be involved in some extracurricular activities. Only those students can apply who are currently enrolled in the study of business or insurance-related fields.
Awarded Amount: $1,400
Dan Reichard Jr. MBA Scholarship
To apply for this scholarship, the candidate should have a GPA of 3.0/4.0 or even higher. Special preference will be given to the candidates who already have some background in the fields of management, public transportation, or business administration. It is also required for the student to have an internship certificate sponsored by the American Public Transportation Association.
Awarded Amount: $2,500
HubShout Internet Marketing Scholarship
This scholarship is specially designed for students who are keen to study the internet marketing field. Students with a GPA of 3.0/4.0 can apply for this golden scholarship.
Awarded Amount: More than $1,000
Staver Law Group National Scholarship
This is another most recommended scholarship for business administration studies. This scholarship is announced annually and a student with a GPA of 3.0 can apply for it.
Awarded Amount: $5,000
Thomas R. Pickering Foreign Affairs Fellowship Program
This scholarship has been introduced for all those students who are currently studying in a two-year master’s degree program in the fields related to the U.S. Department of State Foreign Service. Extra preference will be given to the student who has working experience with Foreign Services.
Awarded Amount: $37,000 annually
Forté Fellows Program
This scholarship is awarded to the females who are currently enrolled in the MBA program. To apply for this fellowship program, a candidate has to apply to the participating school.
Awarded Amount: Varies based on school
Military MBA Scholarship
Next, we have The Military MBA Scholarship which is open to all those students who are enrolled in a master’s degree in business. Preference will be given to the applicants that belong to the military service background. Only the students from the military MBA schools can apply for this scholarship.
Awarded Amount: Depends on the ranking of military school
Columbia Business School Best MBA Scholarship
To apply for the Columbia Business School MBA Scholarship, make sure you are currently studying at Columbia Business School. You can also apply for some other scholarships offered by Columbia University based on merit criteria.
Awarded Amount: $7,500–$30,000