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Fully Funded Scholarships 2026 NEWS

MBA at Harvard Scholarship 2026 by Boustany Foundation Open

The Boustany Foundation has formally confirmed that applications for the Boustany Harvard MBA Scholarship 2027 will open for candidates entering Harvard Business School in autumn 2027. In a global MBA funding landscape increasingly dominated by institutional aid and corporate sponsorships, this privately funded award stands apart—generous in value, but sharply selective in intent.

What Can You Get?

At its core, the Boustany MBA Harvard Scholarship offers 75% tuition coverage for the two-year Harvard MBA programme. With total tuition at Harvard Business School now exceeding $115,000, the award translates into roughly $86,000 in direct financial relief. That alone positions it among the more substantial partial scholarships available for elite US business education.

Yet the structure of the award reveals its distinctive philosophy. Scholars are required to complete a two-month internship at the Boustany Foundation’s Monaco office. While unpaid, the foundation covers travel and accommodation, framing the placement as both a professional obligation and a contribution to its broader philanthropic agenda—typically involving scholarship development, outreach campaigns, or strategic initiatives.

Are You Eligible to Apply?

The eligibility model is equally precise. The Boustany Harvard MBA Scholarship is open to candidates of all nationalities, but the foundation clearly prioritizes applicants of Lebanese descent. This is not incidental; it reflects the foundation’s cultural and diaspora-linked mission. More significantly, applicants must already hold an admission offer from Harvard Business School before applying. In effect, the scholarship does not widen access to Harvard—it rewards those who have already navigated one of the most competitive admissions processes in global higher education.

This prerequisite fundamentally reshapes the applicant pool. Harvard MBA admits are already academically exceptional, professionally accomplished, and globally competitive. From this elite subset, the Boustany Foundation selects a single scholar every two years. The application itself is straightforward—CV with photograph, GMAT scores, and the Harvard admission letter—but the selection process includes interviews and a high degree of subjective evaluation.

Process to Apply and Deadline

The deadline for the Boustany Harvard MBA Scholarship 2027 is 31st May 2027, with the selected scholar expected to be announced in June 2027, ahead of the programme’s autumn intake.

In a funding environment often driven by scale and inclusivity, the Boustany Scholarship is a reminder that some opportunities remain deliberately exclusive—designed not to broaden access, but to recognize a very specific intersection of merit, background, and ambition.

Yousaf Rana

Dr. Engr. Yousaf Rana is a higher education, study abroad, and international careers journalist specializing in global opportunities for students and professionals. With a strong academic and engineering background, he brings analytical depth and practical insight to reporting on scholarships, university admissions, research funding, work visas, and cross-border career pathways. He currently serves as a Senior Correspondent at Fully Funded Scholarships, where he covers worldwide developments in higher education and international mobility. His reporting focuses on fully funded scholarship programs, government-sponsored study schemes, global fellowship opportunities, skilled migration routes, and emerging work-abroad policies that shape the future of international education and employment. Dr. Rana is known for translating complex policy updates and application procedures into clear, actionable guidance for students, graduates, and professionals worldwide. His work aims to expand access to life-changing academic and career opportunities by delivering timely news, practical resources, and trustworthy insights.

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