MBA Scholarships

Paying for an MBA is a big financial commitment, but you don’t have to face it alone. Various scholarships and fellowships are available to help cover the cost of an online MBA program. The trick is finding the right sources of funding for your specific needs.

This page lists various types of MBA scholarships that can help you save money on a business degree. Remember: application requirements can change from year to year, so be sure to carefully review all details and deadlines before applying.

The Association of Insurance Compliance Professionals awards four MBA scholarships to students who excel academically, participate in extracurricular activities, and show a commitment to the insurance field. Each candidate must be enrolled in an insurance or business-related field and have a minimum 3.0 GPA to qualify.

The GFOA sponsors five scholarships for full-time and part-time learners who want to pursue finance careers at the state or local government level. Applicants must be U.S. citizens or permanent residents. Past winners cannot apply.

The National Society of Daughters of the American Revolution provides this scholarship to full-time graduate students pursuing business administration degrees. Each applicant needs a minimum 3.25 GPA. Past recipients can reapply each year.

The Ritchie-Jennings Memorial Scholarship Program supports full-time degree-seekers enrolled at accredited colleges. Applicants need to demonstrate an interest in fraud examination or a similar profession. Undergraduates must have a minimum of nine semester credits to apply, while graduate students need at least six credits.

This fellowship accepts degree-seekers enrolled in full-time master’s programs. Applicants must study fields related to foreign service with the Department of State, such as business. The fellowship requires summer internships in Washington, D.C., overseas at a U.S. embassy or consulate.

The NABA Foundation offers national and regional scholarships to Black students. Graduate-level learners must be enrolled full-time in MBA programs and hold current NABA membership.

NBMBAA offers various business scholarships for future Black business professionals through its Collegiate Partnership Program. Application requirements vary by scholarship, but candidates usually need to hold a membership.

This fellowship supports LGBTQ+ students enrolled in participating business schools across the country. Through Reaching Out, selected fellows also receive mentorship and leadership development, including the opportunity to attend a retreat.

The Association of Women in International Trade supports women pursuing careers in international trade and business careers. It distributes merit-based MBA scholarships twice a year to eligible undergraduate and graduate students.

The Forté MBA Fellowships support women pursuing full-time MBA degrees at participating schools. Schools nominate fellows who exhibit exemplary leadership skills and demonstrate a commitment to community involvement and mentorship.

Zonta International’s scholarships support women pursuing undergraduate and graduate degrees in business management. Each applicant must apply directly to their district or regional Zonta club. Second-year undergraduates and second-year graduate students can apply.

The Women Grocers of America administers the Mary Macey Scholarship Award to support women pursuing careers in the independent grocery industry. Graduate students and undergraduates majoring in business can apply with GPAs of at least 2.5.