2024 List of Funded MBA Scholarships in USA and Canada

MBA is one of the most sought-after degrees in the world. It gives graduates a competitive edge in getting better jobs and the potential for better career growth. However, getting an MBA is not easy as it is time-consuming and costly. This is especially true for students attending business schools in the USA and Canada. To help with this situation, we have compiled a list of scholarship opportunities available to students from different countries.

What is an MBA Scholarship?

An MBA scholarship is a scholarship that is offered to students who wish to pursue an advanced degree in business administration. It is typically awarded to a student who meets certain academic criteria and is interested in business administration as a subject. Many MBA scholarships are offered by private organizations, but there are also government-sponsored programs, as well as scholarships offered by the universities themselves. The amount of the scholarship varies, but most are granted for tuition and living expenses.

What does an MBA offer?

A Masters in Business Administration (MBA) is a great way to advance your career and increase your earning potential. MBA Scholarships can help you get there. These are the benefits of MBA Scholarships:

  • Huge impact on your future.
  • Gain adequate skills you need to succeed.
  • Professional advancement in your career.
  • Build new networks with other professionals.
  • Offer you to get a head start in your career.

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Eligible Criteria for MBA Scholarships

To be eligible for an MBA scholarship, you should meet the following criteria:

  • You must be a citizen or permanent resident of the United States or Canada.
  • You must have a competitive GPA.
  • You must also have excellent academic achievements in your undergraduate studies, including grades in courses that are relevant to an MBA program.
  • You must have demonstrated leadership and teamwork skills.
  • You must have financial needs, as assessed by the admissions committee.

How to Apply for an MBA scholarship?

There are many different ways to apply for an MBA scholarship, but the most common ones involve submitting an application form and a short essay. You can also apply online, through email, or via social media.

Most MBA scholarships are awarded based on academic achievement, which means that you need to be a good candidate regardless of your financial situation. However, some scholarships may be available only to students who have financial hardships.

Generally, the best way to find out about MBA scholarship opportunities is to look online or contact your local MBA organization. They will be able to provide you with more information about the various types of scholarships that are available and how to apply for them.

There are multiple ways to apply for MBA scholarships, but the best way to find out is to speak to a scholarship advisor. They can help you identify the best scholarship options based on your qualifications and goals.

Some popular methods of applying for MBA scholarships include:

  • Submitting an online application
  • Sending in applications in person
  • Applying through a dedicated scholarship website
  • Participating in webinars or workshops offered by the scholarship provider

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How you can increase your chances of getting an MBA scholarship?

There are a lot of things you can do to increase your chances of getting an MBA scholarship, but the most important thing is to make sure that you have strong academic credentials.

Most MBA programs have very specific requirements for admissions, and if you don’t meet them, your chances of getting admitted are slim to none. In addition, make sure that you have a good GPA (3.0 or above) and GRE score (GRE General Test: 2100 or above).erion also recommends that you speak English well and have experience working in a multinational company.

Don’t forget to submit your application early – the earlier you submit it, the better chance you have of being accepted. And don’t worry if you don’t get accepted the first time around – there are plenty of other opportunities out there for talented MBA students!

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Who can apply for MBA Scholarships?

Anyone interested in pursuing an MBA can apply. This includes people from all backgrounds and professions, as well as international students. You don’t have to be a citizen or resident of the US or Canada to apply – you can even apply from abroad!

The best part about MBA scholarships is that they’re not limited to any one region or country. So, whether you’re looking for a scholarship for your US or Canadian studies, you’ll find one that’s perfect for you. To find out more about MBA scholarships and how to apply, please visit our website or contact us at info@mbascholarships.com.

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List of MBA scholarships offered in the USA & Canada

There are a variety of MBA scholarships available for students in the USA. Some of the most popular include the following:

  • Lafley Scholarship Awards:

The A.G. Lafley Scholarship Awards were created in honor of Mr. A.G. Lafley, who was the CEO of Procter & Gamble for nearly two decades before his death in 2012. Mr. Lafley was a well-known advocate for creativity and innovation in business, and he made a significant contribution to the growth of P&G during his time there. The purpose of the A.G. Lafley Scholarship Awards is to support young people who have ambition and drive but may not have had access to traditional opportunities or financial assistance to pursue an MBA at Harvard Business School.

  • David L. Boren Scholarship Award:

The David L. Boren Scholarship Award is an annual scholarship that honors the former U.S. Senator from Oklahoma who served as President of the United States University System from 1993 to 2001. The award is made to a graduate student with superior academic achievement in business administration at an accredited U.S. institution of higher education.

To be eligible for this scholarship, applicants must have graduated from high school or obtained a GED and have completed at least one full year of undergraduate study in business administration at an accredited US institution of higher education by the end of the calendar year in which they are applying for the award. This scholarship is worth $40,000 per year, which will be paid out over four years.

  • Keller Banks, Jr. Scholarship Award:

The Keller Banks, Jr. Scholarship Award is open to full-time undergraduate or graduate students who are enrolled in an accredited business school in the United States or Canada. The scholarship is worth $20,000 and will be awarded to a student who demonstrates exceptional financial need and has a record of outstanding academic achievement.

To be eligible for this scholarship, applicants must have a 3.0 GPA or higher and should demonstrate excellent leadership qualities. They must also have demonstrated proficiency in financial accounting, business strategy, marketing, finance, or another relevant discipline. In addition, they must be planning to pursue a career in business management.



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  • William R. Kenan, Jr. Fellowship in Marketing:

The William R. Kenan, Jr. Fellowship in Marketing is a prestigious scholarship that is available to MBA candidates who are enrolled full-time at an accredited business school in the United States or Canada.

This fellowship was established by William R. Kenan, Jr., one of America’s leading marketing experts and co-founder of The Kenan Company, which is one of the largest private marketing companies in the world. The fellowship offers scholarships worth $50,000 each year, and it is open to students from all fields of study who are interested in pursuing a career in marketing.

The main purpose of this scholarship is to provide talented MBA students with the opportunity to gain invaluable experience within a world-renowned marketing firm. This will give them the skills and knowledge they need to become successful practitioners in this field.

  • Rotman School of Management Scholarship:

Rotman School scholarships are available to students all around the world, and they typically range from $50,000 to $60,000 per year. In addition, there are several scholarships specifically designed for students from the USA and Canada.

If you’re interested in applying for a Rotman School scholarship, you should start by filling out the online application form. This will let them know what your academic and professional achievements are, as well as your goals for studying at Rotman. You will also need to submit letters of recommendation and transcripts (if applicable) before submitting your application.

Once your application has been submitted, you will be contacted by Rotman staff to discuss your eligibility for the scholarship in more detail. If you are accepted into the school, you will be notified about any other required paperwork or exams that need to be completed before starting classes.

Read also: How to Write an Application Letter to Request for a Scholarship

  • Waterloo College Scholarship:

Waterloo College is one of the most prestigious business schools in North America and offers both full-time and part-time MBA programs. If you’re interested in studying for an MBA at Waterloo College, then you should check out their scholarship database. They have a wide range of scholarships that are designed to help students from all backgrounds achieve their goals.

Among the many scholarships available, the Waterloo College Scholarship is especially worth considering. This scholarship is awarded to students who demonstrate exceptional academic achievement and financial need. It provides full tuition and living expenses for four years, as well as a monthly stipend while you’re enrolled in school.

  • McGill University Scholarship:

McGill University is one of the most prestigious universities in the world, and they offer a wide range of scholarships for students from all over the world. Some of the most popular McGill University scholarships include the MBA Scholarships. These scholarships are available to students who are interested in pursuing an MBA at McGill University.

The criteria for eligibility for these scholarships vary, but typically they require candidates to have achieved excellent academic results, either in undergraduate or postgraduate studies. They must also have demonstrated exceptional promise for future success as an MBA student at McGill University.

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Frequently Asked Questions
  • What are the requirements for MBA scholarships in USA and Canada?
  • Many different requirements vary depending on the type of MBA scholarship you’re applying for. However, most scholarships require you to have a high academic record and be in good financial health.
  • How much do MBA scholarships in USA and Canada cost?
  • The amount of money you receive will vary depending on the specific scholarship you’re applying for. However, most scholarships range from $25,000 to $100,000.
  • When is the best time to apply for MBA scholarships in USA and Canada?
  • The best time to apply is usually between January and March. This is when the committees that review these applications are busiest.
  • Are MBA scholarships for USA and Canada the same?
  • Yes, they are the same. They are usually awarded to students who have excellent academic records and demonstrate outstanding potential in business.
  • How many scholarships are available?
  • There is no set number, but most MBA scholarship programs offer anywhere from a few to several dozen awards each year.
  • What is the application process like?
  • The application process varies from program to program, but typically you will need to submit an application, transcript, letters of recommendation, and a personal statement.
  • How do I know if I am eligible for a scholarship?
  • There is no one-size-fits-all answer to this question, as eligibility depends on the
  • How do I know if I am eligible for a scholarship?
  • There is no one-size-fits-all answer to this question, as eligibility depends on the specific Scholarship program you are applying to. However, some tips that may help you include: having excellent grades and test scores; being interested in business; having demonstrated leadership or community engagement skills; being fluent in English.

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