An MBA from Harvard Business School (HBS) is a dream for many ambitious professionals, promising unparalleled career acceleration and a global network. However, the cost can be a significant barrier. The Harvard University MBA Scholarship, offered by the Boustany Foundation, presents a rare and prestigious opportunity to pursue this world-class degree with substantial financial support.
Applications for the 2026 intake (class commencing in Autumn 2026) are expected to open soon. This scholarship is awarded once every two years for a two-year course at HBS, making it highly competitive and sought-after.
Scholarship Overview: A Premier Opportunity at HBS
The Boustany Foundation MBA Scholarship is designed for highly talented individuals who demonstrate exceptional academic merit and a commitment to making a positive impact.
| Feature | Details |
| Host University | Harvard University (Harvard Business School), USA 🇺🇸 |
| Sponsored By | The Boustany Foundation |
| Degree Level | Master of Business Administration (MBA) Only |
| Financial Coverage | Highly Funded (Tuition Aid + Travel/Accommodation) |
| IELTS/TOEFL Requirement | Yes, required for HBS admission |
| Deadline | Typically May 2026 (for Autumn 2026 intake) |
Financial Benefits: Significant Support for Your MBA
The Boustany MBA Scholarship provides substantial financial aid towards the cost of a Harvard MBA.
- ✅ Tuition Financial Aid: A scholarship amounting to US$102,200 (US$51,100 per year) towards tuition fees.
- ✅ Travel and Accommodation Expenses: Covers travel and accommodation expenses related to the internship (see below).
Important Note: While this is a very significant sum, it may not cover the entire cost of attendance at HBS (including living expenses, health insurance, etc.). Applicants should be prepared to find additional funding sources, which HBS financial aid can assist with.
Unique Feature: The Boustany Foundation Internship
A distinctive and valuable component of this scholarship is the mandatory two-month internship with the Boustany Foundation. This internship takes place during the summer between the first and second years of the MBA program. It offers scholars a unique opportunity to gain practical experience by working on one of the Foundation’s projects, further enhancing their professional development and understanding of the Foundation’s mission.
Eligibility Criteria (Who Can Apply?)
- Academic Excellence: Applicants must have an outstanding academic background.
- GMAT/GRE Scores: Strong GMAT or GRE scores are essential for admission to HBS and for the scholarship selection.
- Harvard MBA Admission: Candidates must have applied to and been offered a place on the Harvard MBA program. You can apply for the scholarship after receiving your offer from HBS.
- Nationality: The scholarship is open to candidates of all nationalities. However, priority is often given to applicants of Lebanese descent.
- Leadership Potential: Demonstrated leadership skills and potential are highly valued.
How to Apply: A Sequential Process
The application process involves two main steps: securing admission to HBS and then applying for the scholarship.
Step 1: Apply to Harvard Business School (HBS)
You must first apply directly to the Harvard MBA program through the official HBS application portal. You will need to meet all their standard admission requirements, including submitting GMAT/GRE scores, essays, recommendations, and TOEFL/IELTS scores (if applicable).
Step 2: Apply for the Boustany Foundation Scholarship
Once you have received an official offer of admission from HBS, you can apply for the scholarship.
- Prepare a copy of your Curriculum Vitae (CV) with a photograph.
- Prepare a copy of your GMAT or GRE score report.
- Prepare a copy of your acceptance letter from Harvard Business School.
- Submit these documents via email to the Boustany Foundation (details will be available on their website).
Step 3: Interview
Shortlisted candidates may be invited for an interview with the Foundation.
Deadline & Official Link
The deadline for the scholarship application is typically in May 2026 for the class starting in Autumn 2026. You must have your HBS admission offer by this time.
Visit the official Boustany Foundation website for the most accurate details and application email:
(Note: Paste the link below into the “apply_link” custom field at the bottom of your editor)
