HBS awards need-based fellowships to provide access to admitted students with limited financial resources. These Fellowships are made possible through the generous support of our alumni and friends who share HBS's commitment to investing in our students. All students with financial need are invited to apply for HBS Fellowships after admission to the MBA Program.
Criteria HBS Fellowships are awarded based on financial need. Your academic or professional performance/merit are not used in financial aid decisions. Nearly 50% of the class receives an average of approximately $23,000 per year in need-based HBS Fellowships.
Criteria HBS Fellowships are awarded based on financial need. Your academic or professional performance/merit are not used in financial aid decisions. Nearly 50% of the class receives an average of approximately $23,000 per year in need-based HBS Fellowships.
- In general, we expect that a student will have saved a percentage of his/her income from each of the prior three years. This expected percentage will vary depending on your prior income. Students with higher earnings are expected to contribute to the costs of their MBA at a higher rate than students with lower earnings.
- Any HBS Fellowship award will be based on an analysis of your income for the prior three years and your assets. If you are married, we will also consider your spouse's income and assets, and your higher cost of living will be a factor.
- There will be a base loan package before any fellowship is awarded. The average MBA debt for the class of 2008 was $80,525.
- HBS Fellowships will fund your financial need (as determined by MBA Financial Aid Services) beyond the base loan package and your student contribution.
- Please note that retirement assets with a value of $100,000 or less are not considered available for the MBA Program.
- We will consider that 25% of retirement assets above $100,000 are available.
- All other assets, including cash, money market, CDs, stocks, securities, mutual funds, bonds, trust funds, home equity and other investments will be used in the analysis of your financial need.
- Students may receive up to $20,000 (or $10,000 per year) over the two year MBA Program from an outside scholarship source before we will reduce your HBS Fellowship.
- Employer sponsorship and employer loans are considered as outside scholarships for financial aid purposes. Therefore, students who receive employer loans or sponsorships from employers are generally not eligible for HBS Fellowships as our fellowship program is designed to assist students with the fewest resources.
Start My Application: Please use this link to start your HBS 2+2 Program application. On the next page, please click on "Create Account" to generate a new application to the class entering in September 2013.
Continue My Application: Please use this link to continue your HBS 2+2 Program application to the class entering in September 2013.
Note to reapplicants: If you have applied to HBS before, you will need to create a new PIN and password to start a new application. When creating a new PIN and password, you may ignore any duplicate account warnings.
Note to Class of 2012 applicants: The 2010 application deadline for the HBS MBA Class of 2012 has passed. If you applied to the HBS MBA Class of 2012, you may click on the "Continue My Application" link above and use your PIN and password to view your submitted MBA Program application.
Contact Us
Harvard Business School MBA Admissions
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Boston, MA 02163
Telephone: 617-495-6128
Facsimile: 617-496-8137
E-Mail: admissions@hbs.edu
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