Harvard University MBA Scholarship Program 2027 in USA

Getting into Harvard Business School is a dream for many students. But the cost of an MBA at Harvard is very high. This is why the Harvard University MBA Scholarship Program 2027 is such a big opportunity. It helps talented students from around the world join the Harvard MBA program without carrying the full financial burden alone.

This guide explains everything about the Harvard MBA Scholarship 2027 in simple words. You will learn what it covers, who can apply, what documents you need, and how the selection process works.

What Is the Harvard MBA Scholarship 2027?

The scholarship people usually call the “Harvard MBA Scholarship” is officially known as the Boustany MBA Harvard Scholarship. It is offered by the Boustany Foundation, not by Harvard University itself. The foundation partners with Harvard Business School to support one outstanding student every two years.

The Autumn 2027 intake is the next round for this scholarship. Because it is only given once every two years, and only to one candidate, it is one of the most competitive MBA scholarships in the world.

What Does the Scholarship Cover?

The Harvard MBA Scholarship 2027 offers strong financial support, though it is not a full-ride award. Here is what it includes:

• 75% of tuition fees for the two-year Harvard MBA program
• Travel expenses connected to a required internship
• Accommodation costs during that internship
• A guaranteed two-month internship with the Boustany Foundation in Monaco

Since the scholarship covers 75% of tuition, students still need to arrange funding for the remaining fees and living costs. Many scholars use personal savings, family support, or additional loans to cover the gap.

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Who Can Apply?

The eligibility rules are simple, but the competition is tough. To qualify, you must meet these conditions:

• You must already hold an official admission offer from the Harvard MBA program. The scholarship cannot be your entry point into Harvard — you apply for it only after you get accepted.
• You need a strong academic record and competitive GMAT or GRE scores. Most successful applicants score around 700 or higher.
• The scholarship is open to students of all nationalities. However, candidates of Lebanese descent are given priority, since this reflects the foundation’s founding mission.
• You should be able to show leadership potential and a clear commitment to making an impact in your field.
• Non-native English speakers may need to submit TOEFL or IELTS scores.

Required Documents

Before applying, gather these documents so your application is complete:

1. Official Harvard Business School acceptance letter
2. Curriculum Vitae (CV) — one to two pages, with a professional photo, showing your academic and career progress
3. GMAT or GRE score report, issued within the last five years
4. Academic transcripts from every college or university you attended
5. Two recommendation letters — you can often reuse the ones from your HBS application
6. Personal statement (500–800 words) about your leadership journey and goals
7. Valid passport copy

Step-by-Step Application Process

Applying for this scholarship happens in two separate stages, since Harvard admission and the scholarship application are handled by different organizations.

Step 1: Apply and get accepted to Harvard MBA. You must go through the regular Harvard Business School admission rounds first. This includes essays, interviews, recommendations, and test scores.

Step 2: Apply for the scholarship separately. Once you have your official acceptance letter, send your CV with a photo, GMAT scores, and the acceptance letter to the Boustany Foundation at admissions@boustany-foundation.org.

Step 3: Wait for shortlisting. If your profile stands out, the foundation will invite you for one or more interviews.

Step 4: Final selection. Only one candidate is chosen. The winner is announced in June, right after the May application deadline.

Important Dates for 2027

Milestone	Date
Scholarship application deadline	May 31, 2027
Scholarship announcement	June 2027
MBA program start	Autumn 2027

Keep in mind that Harvard’s own MBA application rounds close earlier in the year, so plan your HBS application well ahead of the scholarship deadline.

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Why This Scholarship Is Worth Pursuing

A Harvard MBA already opens doors to top companies, strong alumni networks, and global career opportunities. Adding a scholarship that covers most of your tuition makes this path more realistic for students who cannot afford the full cost on their own. The internship in Monaco is also a unique bonus, giving scholars international work exposure beyond the classroom.

Final Thoughts

The Harvard University MBA Scholarship Program 2027 is a rare and valuable opportunity, but it demands careful planning. Start with a strong Harvard MBA application, keep your GMAT scores competitive, and prepare your scholarship documents early. Since eligibility rules and deadlines can shift, always confirm the latest details directly with Harvard Business School and the Boustany Foundation before you apply.

Frequently Asked Questions