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Studying an MBA at Harvard Business School (HBS) is the dream of many people. Harvard Business School is the first institution in history to offer an MBA in the world. Today, more than 100 years later, your MBA remains one of the most prestigious and sought-after on the planet. However, the economic factor can make many people give up this long-awaited dream. Now, imagine achieving that illusion thanks to a scholarship !

One of the options you have to finance your studies at this prestigious university is the scholarship offered by the Boustany Foundation, which was founded in 2006 by Nabil Boustany and his son Fadi Boustany. This foundation seeks to help people evolve and leave a positive mark on the world. Therefore, through this scholarship, they seek to support highly talented people the opportunity to maximize their potential , as they can have a high impact beyond their fields of study. The first Boustany scholarship awarded was in 1997 to a University of Cambridge MBA student, Before the foundation was created! Since then, this support has been bestowed on students from different fields and plans have been made to create more opportunities in the years to come for extraordinary students.

The Boustany MBA Harvard Scholarship is a scholarship that is awarded once every two years for a duration of a 2-year Harvard Business School course , regardless of the student’s academic discipline. The candidate profile that this scholarship requires is to have excellent academic performance and show promise . There are no limits on nationality, but priority will be given to candidates of Lebanese descent. It is worth mentioning that you can apply for the scholarship once you have been admitted to an MBA program offered by Harvard University and, if you ever did any MBA, you will not be considered for the scholarship.

The benefits that this scholarship offers are financial aid for tuition for US $ 95,000 (US $ 47,500 per year), as well as travel and lodging expenses for an internship . The condition for granting this scholarship is that you will have to do a two-month unpaid internship at The Boustany Foundation , where you will participate in projects related to the activities of the Foundation or its partners.

If you are interested in applying for the scholarship, you must send a copy of your CV with photograph, GMAT score and letter of admission to the email: [email protected] In case you are shortlisted, they could invite you to an interview with the Foundation and, later, they will choose only one candidate as the recipient of the scholarship. The deadline to apply is May 31, 2021 for the Fall 2021 class, and the scholarship will be provided in the month of June 2021.

Although this academic support is very competitive , it is important for you to know that any student accepted to Harvard will have other very attractive scholarship and financing options available . To begin, where you can start looking for financial support is at the Harvard school in which the graduate degree of your interest enters, in this case, Harvard Business School . Also, you can seek support from different foundations, such as the one mentioned above, which offer both scholarships and accessible financing options to study abroad. In the event that you are Latino (Peruvian, Colombian, Venezuelan, Chilean, Mexican, among many others), we recommend that you read the entryHow to get a scholarship at Harvard? Guide for Latinos where we talk about the steps to follow to obtain educational support to study at Harvard.

Even if you are Mexican accepted at HBS or at any other Harvard school or college, you can obtain scholarships and loans from the Fundación México en Harvard, which we also discuss in the aforementioned entry. However, if you want to know more about the Fundación México en Harvard (WFH), visit their site: https://fundacionharvard.org

Do not close yourself to obtaining a scholarship or funding for your studies from a single institution since, by doing this, you will be limiting your opportunity to pursue an MBA at Harvard. Many of the scholarships and financing offered are of a complementary nature, so what does not cover financial support can be done by another. However, even with all these helps, it is important that you consider that it may be necessary to supplement your study expenses with personal savings.