Today we are pleased to report a variety of good news for international MBA applicants.
First, the Stanford Graduate School of Business (GSB) has announced a new, one-time scholarship program that will cover all expenses for promising Bangladeshi students who demonstrate financial need.
The Grameen Fellows program, made possible by a generous gift, is designed to help develop a new generation of leaders in Bangladesh who are committed to human and socio-economic progress in their native country.
As part of scholarship eligibility, recipients must commit to returning to Bangladesh within two years of graduation from the Stanford GSB program for at least two years of employment in the public or private sector.
Stanford will award up to two Grameen Fellowships, which will cover tuition, living expenses, and application and examination fees. In this way, the program allows Stanford to extend its outreach within Bangladesh to include the strongest MBA candidates, regardless of financial situation.
To learn more about Grameen Fellowship requirements and application details, as well as other fellowship opportunities at Stanford GSB, click here.
Reassurance for International Students Regarding Loans at HBS
Second, Harvard Business School (HBS) last week announced that international students there will continue to have access to need-based loans without having to find a U.S. co-signer. No other details about the specific loan program were shared, just the reassurance that students will have continued accessibility.
In her post about international loans, HBS Admissions Director Dee Leopold also reminded prospective applicants – both international and U.S. citizens – that HBS also will award $22 million in need-based fellowships – that is, money you don’t have to pay back – at an average of $25,000 per recipient per year. To learn more about HBS fellowships, click here.
