Studying for an MBA at Harvard Business School is a major goal for many aspiring business leaders, entrepreneurs, and professionals who want to develop their management skills and expand their career opportunities.
However, the cost of attending one of the world’s most recognised business schools can be a significant barrier, particularly for international applicants who must also consider living expenses, travel, and other costs associated with studying in the United States.
The Boustany Foundation Harvard University MBA Scholarship 2027 offers an opportunity to reduce part of that financial burden.
The scholarship is awarded once every two years for the Harvard MBA programme.
According to the Boustany Foundation’s published information, it provides financial aid equivalent to 75% of tuition fees, together with travel and accommodation expenses related to the scholarship’s internship.
The next scholarship is intended for a candidate joining the programme in Autumn 2027.
However, there is an important distinction applicants should understand from the beginning: this is not a scholarship that automatically covers every expense associated with studying at Harvard.
The published benefits specify 75% tuition support and travel and accommodation expenses related to the internship. Applicants should confirm the current terms directly with the foundation before assuming that other costs are covered.
In this guide, I will explain how the Boustany Foundation Harvard MBA Scholarship works, what the published benefits include, who should consider applying, how to prepare a competitive application, and where to find the official application information.
If you are planning to apply for an MBA at Harvard Business School, this is the kind of opportunity worth researching early rather than waiting until the application deadline approaches.
Boustany Foundation Harvard MBA Scholarship 2027: Overview
Here are the main details to know before preparing your application.
| Scholarship Detail | Information |
| Scholarship name | Boustany Foundation Harvard University MBA Scholarship |
| Host institution | Harvard Business School, Harvard University |
| Study destination | United States |
| Programme | Harvard MBA |
| Scholarship year | 2027 |
| Expected programme start | Autumn 2027 |
| Award frequency | Once every two years |
| Tuition support | 75% of tuition fees |
| Additional support | Travel and accommodation expenses related to the internship |
| Target applicants | Candidates who meet the foundation’s and Harvard Business School’s requirements |
| Programme duration | Confirm the applicable duration for the 2027 MBA class with Harvard Business School |
| Application method | Through the official Boustany Foundation scholarship process |
| Official scholarship information | Boustany Foundation website |
Important: The scholarship page describes a 75% tuition contribution. Do not interpret this as a full scholarship covering all Harvard MBA expenses. Confirm the current award conditions, application deadline, eligibility criteria, and any additional requirements on the official scholarship page.
What Is the Boustany Foundation Harvard MBA Scholarship?
The Boustany Foundation provides scholarships and supports programmes intended to promote education and opportunities for talented individuals.
One of its scholarship opportunities is connected to the MBA programme at Harvard Business School, a leading business school within Harvard University.
The Boustany MBA Harvard Scholarship is offered once every two years for the relevant two-year course, according to the foundation’s scholarship information. The next award is intended for the class commencing in Autumn 2027.
The scholarship is designed to help an eligible candidate pursue an MBA at Harvard Business School by reducing the tuition cost and supporting travel and accommodation expenses associated with the scholarship’s internship.
For applicants, the main attraction is the opportunity to study at Harvard Business School with substantial tuition assistance while gaining access to a rigorous management education.
However, receiving the scholarship and gaining admission to Harvard Business School are not the same thing. Applicants should carefully review the requirements of both the scholarship and the MBA admissions process.
What Does the Boustany Harvard MBA Scholarship Cover?
Understanding the financial benefits is one of the first things I would recommend doing before beginning an application.
The published scholarship information identifies two main benefits.
1. Financial aid covering 75% of tuition fees
The foundation states that the scholarship provides financial aid amounting to 75% of tuition fees.
This is a substantial contribution toward the cost of the MBA, but applicants should plan for the remaining tuition balance and other expenses that may not be included in the award.
Harvard Business School’s fees and estimated attendance costs can change between academic years. For that reason, applicants should use the school’s official cost information for the relevant 2027 entry year rather than relying on figures from older articles.
When calculating the remaining amount you may need, consider:
The portion of tuition not covered by the scholarship.
Living expenses in the Boston and Cambridge area.
Health insurance and other university-related charges.
Books, course materials, and personal expenses.
Travel to and from the United States.
Visa application and related expenses, where applicable.
The scholarship’s published benefits do not establish that all these additional expenses are covered.
2. Travel and accommodation expenses related to the internship
The scholarship also includes travel and accommodation expenses related to the internship.
Applicants should read the foundation’s current terms to understand the arrangements, including which expenses are covered, when they are paid, and whether there are specific conditions.
Do not assume that this benefit automatically covers all international flights, accommodation throughout the MBA, or personal travel.
The safest approach is to obtain clarification directly from the foundation before making a financial commitment.
Is the Boustany Harvard MBA Scholarship fully funded?
Based on the stated benefits, the scholarship should not automatically be described as fully funded.
The published information specifies 75% tuition support and travel and accommodation expenses related to the internship.
It does not establish that the award covers the full cost of tuition, living expenses, health insurance, travel to the United States, and every other expense associated with attending Harvard.
If your goal is to study at Harvard with little or no personal contribution, review the foundation’s terms alongside Harvard Business School’s financial aid options.
This will help you understand the difference between the scholarship amount and your actual funding needs.
Why Consider the Harvard MBA Scholarship?
The financial contribution is important, but the opportunity also involves the experience of studying at Harvard Business School.
1. Study at Harvard Business School
Harvard Business School is part of Harvard University and is widely recognised for its MBA programme.
The school focuses on developing leaders and brings together students with different professional, academic, and personal experiences.
For someone interested in business leadership, entrepreneurship, finance, consulting, or organisational management, the programme can provide an environment in which to examine complex management problems and learn from peers with different perspectives.
Admission is competitive, so applicants should treat the MBA application as a substantial project in its own right.
2. Reduce the financial burden of an MBA
An MBA can involve significant tuition and living costs. A scholarship covering 75% of tuition can reduce the amount an eligible recipient must contribute toward the academic fees.
However, applicants should calculate the remaining cost before accepting an award. Knowing exactly what is covered will help you make a realistic decision about financing the rest of the programme.
3. Develop management and leadership skills
An MBA can help students examine business strategy, organisational leadership, finance, marketing, operations, and other areas of management.
Harvard Business School’s approach includes case-based learning, through which students examine business situations, assess competing priorities, and make decisions using incomplete or conflicting information.
Applicants should explore the curriculum and teaching approach on the school’s official website to understand whether it aligns with their professional goals.
4. Build relationships with an international cohort
Studying in an MBA programme brings students into contact with people from different industries, countries, and professional backgrounds.
These relationships can support learning and expose participants to different ways of approaching business challenges.
However, networking should not be the only reason to pursue an MBA. Applicants should be clear about the skills they want to develop and the professional direction they hope to take afterward.
Who Should Apply for the Boustany Foundation Harvard MBA Scholarship 2027?
Applicants should distinguish between the general requirements for Harvard Business School’s MBA programme and any additional conditions established by the Boustany Foundation.
The scholarship announcement supplied for this article does not list the full eligibility criteria. Therefore, the points below explain what prospective applicants should verify rather than presenting unconfirmed requirements as official rules.
1. Candidates planning to join the Harvard MBA class in Autumn 2027
The foundation identifies Autumn 2027 as the start of the next scholarship cycle.
If you are interested in this award, check that your MBA application timeline matches the relevant Harvard Business School admissions cycle.
Do not assume that applying for a different entry year will make you eligible for the 2027 scholarship.
2. Applicants who meet Harvard Business School’s MBA admission requirements
The scholarship is connected to Harvard Business School’s MBA programme.
You should therefore review the school’s current admission requirements, including academic qualifications, standardised testing policies, professional experience expectations, application essays, recommendations, and other required materials.
Harvard’s requirements and policies may change, so use the official admissions website for the class you intend to join.
3. Candidates who meet the foundation’s scholarship requirements
The Boustany Foundation may specify additional eligibility conditions or selection criteria for this scholarship.
Read the current scholarship page carefully to establish whether there are requirements related to nationality, academic performance, professional experience, admission status, or other factors.
Do not assume that admission to Harvard automatically guarantees the scholarship.
4. Applicants who can explain their professional goals
An MBA is a substantial investment of time and money.
Before applying, be able to explain why you need this qualification, what you hope to learn, and how the programme fits into your longer-term career plans.
For example, an applicant may want to build a company, move into a leadership role, work in consulting, expand a family business, or contribute to economic development through entrepreneurship.
Your goals should reflect your actual experience and ambitions rather than what you think a scholarship committee wants to hear.
5. Applicants with a realistic funding plan
Because the published award covers 75% of tuition rather than clearly guaranteeing full funding, you should consider how you would cover the remaining costs.
This does not mean you must already have every expense covered before exploring the opportunity. It means you should understand the financial gap and investigate appropriate funding options early.
Check the scholarship’s terms, Harvard Business School’s financial aid information, and any other funding sources for which you may qualify.
How to Apply for the Boustany Foundation Harvard MBA Scholarship 2027
The most important first step is to read the scholarship instructions directly from the foundation.
The foundation’s scholarship page is the authoritative place to confirm the current application process, required documents, deadline, and award conditions.
Step 1: Visit the official scholarship page
Open the Boustany Foundation’s Harvard University MBA Scholarship page.
Read the complete description, including the benefits, application conditions, and any instructions for candidates seeking the 2027 award.
Official scholarship page: https://boustany-foundation.org/scholarships/programs/harvard-university-mba-scholarship/
Do not rely exclusively on reposted announcements because third-party articles may omit conditions or contain outdated information.
Step 2: Review Harvard Business School’s MBA admission requirements
Visit Harvard Business School’s official MBA admissions website and review the requirements for the class beginning in Autumn 2027.
Check the current instructions for:
Academic qualifications.
Standardised testing requirements and available options.
Essays and written responses.
Recommendation letters.
CV or résumé requirements.
Application deadlines.
Interviews, if applicable.
Any additional materials required by the admissions process.
These are general categories of MBA application requirements. The exact documents and rules should be taken from Harvard Business School’s current instructions.
Step 3: Confirm the relationship between admission and scholarship selection
One of the most important details to clarify is how the foundation’s scholarship selection relates to Harvard’s MBA admission process.
The short announcement provided for this article does not explain the full sequence.
Confirm whether candidates must first apply to Harvard, obtain admission, submit a separate scholarship application, or complete another specified process.
Also check whether the foundation has its own deadline and whether its application materials differ from Harvard’s requirements.
This matters because you do not want to complete one application while missing a separate requirement for the other.
Step 4: Prepare your MBA application carefully
If you need to apply to Harvard Business School as part of the process, begin preparing your MBA application well in advance.
Your application should present a clear picture of your professional development, leadership experience, achievements, and future goals.
Rather than listing every responsibility you have held, focus on examples that show what you did, what decisions you made, and what changed as a result.
For example, if you led a team, explain the problem the team faced, your contribution, and the outcome. If you started a business, describe the challenge you were trying to solve and what you learned while building it.
Use accurate information and ensure that your essays, résumé, and recommendations tell a consistent story.
Step 5: Prepare for the scholarship’s specific requirements
After reading the foundation’s current instructions, create a checklist of the documents and information it requires.
Do not assume that the scholarship application uses exactly the same documents as the Harvard MBA application.
If the foundation requests additional information, prepare it according to the instructions provided. If any requirement is unclear, contact the foundation through its official channels rather than guessing.
Step 6: Explain why the scholarship matters to your plans
Where the application asks about motivation or future goals, connect your interest in Harvard Business School with the kind of contribution you hope to make.
Your explanation should go beyond saying that Harvard is prestigious. Identify the management skills you want to develop and explain how those skills relate to your professional plans.
If you intend to develop a business, for example, discuss the management challenges you want to become better equipped to handle. If you want to move into organisational leadership, explain which aspects of strategy, finance, or decision-making are relevant to that transition.
Be specific and realistic.
Step 7: Check the scholarship benefits and remaining costs
Before accepting an award, confirm exactly what it covers.
The published description states that the scholarship provides 75% of tuition fees and travel and accommodation expenses related to the internship.
Ask the foundation for clarification about any costs that are not explicitly addressed.
At the same time, use Harvard Business School’s official cost information to estimate the remaining tuition and living expenses for your entry year.
This will help you determine what additional funding may be necessary.
Step 8: Submit through the official process
Follow the foundation’s application instructions and submit the requested materials through the designated channel.
Check that all required fields and documents are complete before final submission. Keep copies of your application and any confirmation you receive.
If Harvard Business School admission is also required, track that application separately so you do not confuse the scholarship deadline with the MBA admissions deadline.
Step 9: Monitor official communications
After applying, regularly check the email account used in your application. Watch for requests for additional information, interview invitations, or updates about the selection process.
The supplied announcement does not specify the complete selection timeline, so use the foundation’s current guidance for information about what happens after submission.
How to Strengthen Your Harvard MBA Scholarship Application
There is no guaranteed formula for winning a competitive scholarship. However, you can improve the clarity and relevance of your application by concentrating on the evidence that best explains your background and goals.
1. Tell a consistent professional story
Your MBA application and scholarship materials should present a coherent explanation of where you have been, what you want to learn, and where you hope to go.
That does not mean every document should repeat the same paragraphs.
Your résumé should demonstrate your experience and achievements. Your essays should explain your decisions, motivation, and goals. Any scholarship-specific response should address the foundation’s questions directly.
Together, the materials should help the reader understand why an MBA is a logical next step for you.
2. Use evidence rather than broad claims
Statements such as “I am a strong leader” or “I am passionate about entrepreneurship” are more convincing when supported by examples.
If you led a project, explain your role and the result. If you built a business, describe the challenge you addressed and what you learned. If you helped an organisation improve a process, explain the problem and your contribution.
Where possible, use measurable outcomes, but only when the figures are accurate and meaningful.
3. Explain why you need an MBA now
A useful application explains why this is the right stage in your career to pursue an MBA.
Perhaps you have reached a point where you need stronger financial knowledge to grow a business. Perhaps you want to move from a specialist role into management. Perhaps your professional experience has revealed a skills gap that further study could address.
Explain the connection between your current experience and your future plans. Avoid presenting an MBA as a general solution to every career challenge.
4. Research Harvard Business School specifically
Do not write an application that could be sent unchanged to any business school.
Review the school’s curriculum, learning approach, and programme structure. Identify the features that genuinely relate to your goals.
If the case method interests you, explain why learning through business cases would be useful for the decisions you expect to make.
If you are interested in entrepreneurship, connect that interest to the kind of business or organisational challenge you hope to address.
The purpose is not to repeat the school’s marketing language. It is to show that you understand the programme and have a reason for choosing it.
5. Be clear about your financial needs
Because the scholarship’s published tuition contribution is 75%, applicants should not assume that every cost will be covered.
Understand the remaining tuition balance and identify other potential expenses early.
If the foundation’s application asks about funding needs or financial circumstances, answer accurately and follow its instructions.
6. Give your recommenders enough time
If the Harvard MBA application or scholarship process requires recommendations, contact the relevant people early.
Choose recommenders who can provide meaningful, specific information about your work, leadership, judgment, or professional development.
A recommender who knows your contributions well may be better placed to write a detailed assessment than someone with a more senior title who has had little direct contact with you.
Give each recommender the information they need and confirm the official submission requirements.
7. Review every document before submitting
Check that names, dates, employment details, educational information, and other facts are consistent. Remove unnecessary repetition and correct spelling or grammatical errors.
If a response has a word limit, follow it. If a document format is specified, use that format.
A careful final review helps ensure that your application reflects your actual qualifications rather than avoidable administrative mistakes.
Understanding the Remaining Cost of a Harvard MBA
The Boustany Foundation scholarship can reduce the tuition burden, but applicants should look at the total cost of attendance rather than tuition alone.
A realistic budget should consider at least three categories.
Tuition not covered by the scholarship
The stated scholarship contribution is 75% of tuition fees.
That leaves a portion of tuition for which the recipient may need other funding, unless the foundation’s current terms provide additional assistance.
Check the tuition figure applicable to the Autumn 2027 class and calculate the amount that remains after applying the scholarship.
Living and university-related expenses
Studying in the United States involves expenses beyond tuition.
Depending on the university’s published cost estimate and your circumstances, these may include accommodation, meals, health insurance, transportation, books, and personal expenses.
Use Harvard Business School’s official financial information for the relevant academic year instead of estimating from an old blog post.
Travel, visa, and other expenses
International applicants may also need to consider travel to the United States, visa-related costs, and expenses associated with moving.
The scholarship description specifically mentions travel and accommodation expenses related to the internship. It does not, in the information supplied here, establish that all international travel and immigration expenses are covered.
Confirm these details with the foundation.
Practical tip: Prepare a simple budget with three columns: expenses covered by the scholarship, expenses you must pay yourself, and expenses that still need confirmation. This will help you identify the funding gap before making a final decision.
Frequently Asked Questions About the Boustany Foundation Harvard MBA Scholarship 2027
1. What is the Boustany Foundation Harvard MBA Scholarship?
It is a scholarship offered by the Boustany Foundation for the Harvard Business School MBA programme. According to the published information, it provides financial aid equivalent to 75% of tuition fees and covers travel and accommodation expenses related to the internship.
2. When will the next scholarship be awarded?
The foundation states that the next scholarship will be awarded for the class commencing in Autumn 2027.
3. How often is the scholarship awarded?
The scholarship is offered once every two years, according to the foundation’s programme information.
4. Does the scholarship cover 100% of Harvard MBA tuition?
No. The published description states that the scholarship provides financial aid equivalent to 75% of tuition fees.
Applicants should confirm the current terms and calculate the remaining tuition balance.
5. Is the Boustany Harvard MBA Scholarship fully funded?
The supplied information does not establish that all programme and living expenses are covered. It specifies 75% tuition support and travel and accommodation expenses related to the internship.
Applicants should verify the complete financial package directly with the foundation.
6. Can international students apply?
The short programme description supplied for this article does not provide the complete nationality or residency requirements.
International applicants should consult the official scholarship page to confirm eligibility for the 2027 award.
7. Do I need admission to Harvard Business School before applying for the scholarship?
The supplied description does not explain the complete sequence of the MBA admissions and scholarship processes.
Check the foundation’s current instructions to establish whether Harvard admission must be secured first or whether a separate application process applies.
8. What documents are required?
The supplied announcement does not provide a complete list of scholarship application documents.
Review the official Boustany Foundation instructions and Harvard Business School’s MBA application requirements to identify the materials required for each process.
9. What is the application deadline?
The source information provided for this article identifies Autumn 2027 as the intended entry period but does not specify a confirmed application deadline.
Check the official scholarship page for the current deadline and any additional timing requirements.
10. Does the scholarship cover accommodation during the MBA?
The published description mentions travel and accommodation expenses related to the internship. It does not establish that accommodation throughout the MBA programme is covered.
Confirm the scope of this benefit directly with the foundation.
11. Can I apply if I have not yet completed my undergraduate degree?
Eligibility for the scholarship depends on the requirements of Harvard Business School’s MBA programme and any additional conditions imposed by the foundation.
Review the current MBA admission requirements and scholarship rules before applying.
12. Where can I find the official Harvard MBA admission information?
Visit the official Harvard Business School MBA admissions website for the current programme details, application requirements, and admissions timeline.
Conclusion: Is the Boustany Foundation Harvard MBA Scholarship Worth Considering?
The Boustany Foundation Harvard MBA Scholarship is an opportunity worth investigating if you want to pursue an MBA at Harvard Business School and meet the applicable selection requirements.
Its principal published benefit is a contribution equal to 75% of tuition fees, together with travel and accommodation expenses related to the internship.
That support can make a meaningful difference, but it is important to understand the remaining costs and confirm the exact terms of the award.
If I were preparing an application, I would begin by reading the foundation’s scholarship page and Harvard Business School’s MBA admission requirements side by side. I would then create a checklist of the separate deadlines, required materials, and eligibility conditions.
Next, I would work on presenting a clear professional story: what I have accomplished, why I want an MBA at this stage of my career, and how I intend to use the education.
I would also calculate the remaining cost of attendance rather than assuming that the scholarship covers everything.
These steps will not guarantee selection, but they can help you make an informed decision and prepare a more focused application.
If Harvard Business School is part of your long-term plan, start with the official information below and confirm the current 2027 requirements before submitting your application.
Official Scholarship Application Information
Boustany Foundation – Harvard University MBA Scholarship
https://boustany-foundation.org/scholarships/programs/harvard-university-mba-scholarship/
Harvard Business School – MBA Programme
https://www.hbs.edu/mba
Visit the official website here to learn more
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About Scholars Africa Editorial Team
Scholars Africa Editorial Team is dedicated to researching and publishing verified scholarships, jobs, and global opportunities. Our content is built on extensive analysis of application trends, eligibility criteria, and selection patterns to help applicants succeed at every stage. Our team has reviewed hundreds of scholarship programs and application processes across multiple countries.