Getting into Harvard Business School is already a major achievement. But getting in with a fully funded scholarship is a life-changing opportunity.
That’s exactly what the Boustany MBA Harvard Scholarship 2026/27 offers.
This scholarship is not just about financial support—it’s about access. Access to one of the most prestigious MBA programs in the world, global networks, and career opportunities that can transform your future.
Unlike many scholarships that are offered annually, this one is awarded once every two years, making it highly competitive and extremely valuable.
If you’re serious about studying an MBA in the United States without the burden of massive tuition fees, this guide will walk you through everything you need to know.
What Is the Harvard MBA Boustany Scholarship?
The Boustany MBA Harvard Scholarship is funded by the Boustany Foundation and awarded to outstanding international students admitted to Harvard’s MBA program.
It supports a two-year MBA course at Harvard University, specifically at Harvard Business School.
Scholarship Summary (At a Glance)
| Category | Details |
|---|---|
| Scholarship Sponsor | Boustany Foundation |
| Host Institution | Harvard University |
| Program | MBA (Master’s Degree) |
| Funding | $102,200 + additional benefits |
| Duration | 2 Years |
| Eligibility | International Students |
| Frequency | Every 2 Years |
Why This Scholarship Stands Out
There are thousands of MBA scholarships globally, but very few compare to this one.
Here’s why:
1. Harvard-Level Prestige
A degree from Harvard University is recognized worldwide and opens doors in finance, consulting, tech, and entrepreneurship.
2. Significant Financial Support
With over $100,000 in funding, this scholarship reduces one of the biggest barriers—cost.
3. Global Career Exposure
You don’t just study—you gain access to:
- Global alumni networks
- High-paying job opportunities
- Leadership development programs
4. Unique Internship Opportunity
Scholars complete a two-month internship with the Boustany Foundation, gaining real-world experience and global exposure.
What the Scholarship Covers
The Harvard MBA Scholarship offers a combination of financial support and career-building opportunities.
Financial Benefits
- $102,200 total funding ($51,100 per year)
- Contribution toward tuition fees
- Travel and accommodation for internship
Additional Benefits
- Access to global networking opportunities
- Leadership development exposure
- Real-world experience through internship
The Boustany Foundation Internship
One of the unique aspects of this scholarship is the mandatory internship.
What You Should Know:
- Duration: 2 months
- Type: Unpaid
- Location: May vary depending on projects
- Expenses: Travel and accommodation fully covered
What You’ll Do:
- Work on projects related to education or development
- Contribute to the Foundation’s global initiatives
- Gain practical experience beyond the classroom
Eligibility Criteria (Who Can Apply)
To be considered, you must meet the following requirements:
Basic Requirements
- Must be an international student
- Must have an excellent academic background
- Must demonstrate strong leadership potential
Key Requirement (Very Important)
You can only apply after receiving an admission offer from Harvard’s MBA program.
Priority Consideration
While the scholarship is open globally, priority is given to candidates of Lebanese descent.
What Harvard Business School Looks For
Admission into Harvard Business School is highly competitive.
Beyond grades, the school evaluates:
- Leadership ability
- Career progression
- Impact and initiative
- Personal story
Required Documents
To apply for the scholarship, you will need:
- Curriculum Vitae (CV)
- GMAT scores
- Admission letter from Harvard MBA
- Passport (optional but recommended)
- Academic transcripts
Step-by-Step Application Process
Here’s the exact process you should follow:
Step 1: Apply to Harvard MBA
Start by applying to Harvard Business School.
Step 2: Secure Admission
You must receive an official offer letter before applying for the scholarship.
Step 3: Prepare Your Documents
Ensure all documents are complete and well-organized.
Step 4: Submit Scholarship Application
Send your application to:
admissions@boustany-foundation.org
Include:
- CV with photo
- GMAT scores
- Harvard admission letter
Step 5: Wait for Shortlisting
Shortlisted candidates may be invited for interviews.
Application Deadline
The deadline is not fixed and varies by cycle.
👉 Always check updates early and apply as soon as possible after receiving admission.
How Competitive Is This Scholarship?
Very competitive.
Here’s why:
- It is awarded once every two years
- Only a few candidates are selected
- Applicants are from around the world
How to Increase Your Chances
If you want to stand out, focus on strategy—not just qualifications.
1. Build a Strong Profile
- Academic excellence
- Work experience
- Leadership roles
2. Craft a Compelling Story
Your journey matters. Explain:
- Your goals
- Your impact
- Your future vision
3. Score High on GMAT
A strong GMAT score improves both admission and scholarship chances.
4. Apply Early
Early applicants often have an advantage.
Cost of Studying MBA at Harvard (Without Scholarship)
Understanding the cost helps you appreciate the value of this scholarship.
| Expense | Estimated Cost |
|---|---|
| Tuition | $70,000+ per year |
| Living Expenses | $20,000+ |
| Total | $90,000+ per year |
👉 This scholarship significantly reduces this burden.
Career Opportunities After Harvard MBA
Graduates from Harvard University often secure roles in:
- Consulting (McKinsey, BCG, Bain)
- Finance (Goldman Sachs, JP Morgan)
- Tech (Google, Amazon, Microsoft)
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Frequently Asked Questions (FAQs)
Is the Harvard MBA Scholarship fully funded?
It provides significant funding ($102,200), but may not cover all expenses completely.
Can I apply without admission to Harvard?
No. You must first secure admission to the MBA program.
Is the scholarship available every year?
No. It is awarded every two years.
Do I need IELTS or TOEFL?
Yes, unless you qualify for a waiver based on your previous education.
Can Africans apply?
Yes. The scholarship is open to all nationalities.
Final Thoughts
The Harvard MBA Boustany Scholarship is not just about studying abroad—it’s about transforming your future.
It gives you:
- Access to world-class education
- Financial support
- Global exposure
- Career acceleration
But here’s the reality:
Getting it requires preparation, strategy, and effort.
If you’re serious about studying at Harvard, start early, build your profile, and position yourself as a strong candidate.
Application Procedures
How-to-Apply: Candidates for the Boustany MBA Harvard Scholarship should first apply for admission into Harvard Business School and then send a copy of their curriculum vitae with a photograph, GMAT scores and acceptance letter from the University to: admissions@boustany-foundation.org
Application Deadline: To be Updated.
Visit the Official Website for Further Details
Conclusion
Opportunities like this don’t come often.
A fully funded or partially funded MBA at Harvard University can change your life trajectory.
The question is not whether it’s possible.
The question is whether you’re ready to prepare for it.
Start now.