Boustany Foundation Harvard MBA Scholarship 2027 in the USA

Scholarship Details

The Boustany Foundation Harvard MBA Scholarship 2027 offers an exceptional opportunity for outstanding candidates from around the world to receive financial support for their Master of Business Administration (MBA) studies at Harvard Business School in the United States.

The scholarship is awarded once every two years to one selected candidate and provides financial assistance covering 75% of tuition fees. In addition, the successful scholar must complete a two-month unpaid internship at the Boustany Foundation’s office in Monaco, with the Foundation covering the associated travel, accommodation, and food expenses.

Applicants from all nationalities are eligible, although preference is given to candidates of Lebanese descent. Candidates must demonstrate an excellent academic background and considerable promise, and they must first secure an official admission offer from Harvard Business School before applying for the scholarship.

The next scholarship is intended for the class commencing in Autumn 2027. Applications close on 31 May 2027, and the scholarship recipient is expected to be announced in June 2027.

Scholarship Overview

Benefits of the Boustany Foundation Harvard MBA Scholarship 2027

1. Financial assistance covering 75% of tuition fees

The scholarship covers 75% of the Harvard MBA tuition fees, substantially reducing the cost of studying at Harvard Business School.

However, it is important to understand that this is a partially funded scholarship, not a fully funded award covering every expense associated with the MBA. The recipient must plan to finance the remaining tuition fees and any other expenses not covered by the scholarship.

2. International professional experience in Monaco

The scholarship includes a mandatory two-month unpaid internship at the Boustany Foundation’s office in Monaco.

This internship gives the scholar an opportunity to contribute to the Foundation’s work and gain practical experience in an international organisation.

3. Travel expenses for the internship

The Foundation covers travel expenses associated with the two-month internship in Monaco.

These expenses relate to the internship rather than providing general travel funding for the entire MBA programme.

4. Accommodation expenses for the internship

Accommodation expenses associated with the internship in Monaco are covered by the Foundation.

Applicants should not interpret this benefit as a promise of accommodation funding for the full period of study in the United States.

5. Food expenses during the internship

The Foundation also covers food expenses associated with the two-month internship in Monaco.

Together, the travel, accommodation, and food benefits help the scholar participate in the internship without bearing these specified costs personally.

6. Opportunity to contribute to philanthropic initiatives

During the internship, the scholar may work on projects involving:

• Increasing awareness of the Boustany Foundation.
• Designing or proposing new scholarship programmes.
• Developing initiatives that support the Foundation’s vision.
• Contributing to other projects undertaken by the Foundation.

The exact scope of the internship project will be determined on the first day. It may also be shaped by the scholar’s interests and professional profile.

The dates of the two-month internship may be arranged on a case-by-case basis between the scholar and the Foundation.

7. Access to Harvard Business School

The scholarship supports study at Harvard Business School, one of the world’s recognised institutions for business education.

The MBA programme develops knowledge across general management and contemporary business practice. Harvard Business School describes its broader mission as developing leaders.

The opportunity can therefore be valuable for a candidate seeking to strengthen their management knowledge and leadership capabilities.

Eligibility Requirements for the Harvard MBA Scholarship 2027

Candidates must satisfy the Foundation’s eligibility requirements before submitting an application.

1. Nationality

The scholarship is open to candidates of all nationalities.

Applicants from Nigeria and other African countries can therefore be considered. However, the Foundation gives priority to candidates of Lebanese descent.

Priority does not mean that candidates of other nationalities are automatically excluded.

2. Excellent academic background

Applicants must have an excellent academic background.

The Foundation does not specify a minimum undergraduate CGPA or percentage on the scholarship page. Candidates should therefore focus on meeting Harvard Business School’s admission requirements and demonstrating strong academic performance.

3. Considerable promise

Applicants must show considerable promise.

The Foundation does not publish a detailed scoring rubric for this criterion on the scholarship page. Candidates should present a credible record of achievement and evidence of their potential to contribute meaningfully through their education and future work.

4. Admission to Harvard Business School

This is the most important eligibility requirement.

You must receive an official offer of admission to the Harvard MBA programme before applying for the Boustany Foundation scholarship.

The scholarship is not a route to gaining admission to Harvard Business School. Applicants must complete the university’s admission process separately and secure an offer first.

Applications submitted without proof of Harvard MBA admission will not be considered.

5. Willingness to complete the mandatory internship

Selected scholars are expected to complete a two-month unpaid internship at the Boustany Foundation’s office in Monaco during the summer.

Applicants should consider this commitment before applying, including their ability to travel and participate during the agreed period.

Required Documents

The official scholarship page specifies the following documents:

1. Curriculum Vitae (CV) with a photograph

Prepare an up-to-date CV that includes your academic background, professional experience, achievements, and other relevant information.

The Foundation specifically requests a photograph on the CV.

2. GMAT scores

You must include your Graduate Management Admission Test (GMAT) scores as part of the scholarship application.

Applicants should ensure that the score information they submit is accurate and corresponds to their own test results.

3. Harvard Business School acceptance letter

You must provide a copy of your official acceptance letter from Harvard Business School for the MBA programme.

This document is essential because applicants cannot be considered for the scholarship before receiving an admission offer.

Important document reminder

The Foundation states that incomplete applications and applications missing required documents will not be considered.

Before submitting, check that your CV includes a photograph, your GMAT scores are available, and your Harvard MBA acceptance letter is included.

If the online form requests additional information, complete all required fields.

How to Apply for the Boustany Foundation Harvard MBA Scholarship 2027

The application process involves securing admission to Harvard Business School first and then applying directly to the Boustany Foundation.

Step 1: Apply for the Harvard Business School MBA programme

Visit the official Harvard Business School MBA website and review the admission requirements.

Prepare and submit your MBA application according to Harvard Business School’s admissions process.

The Boustany Foundation scholarship application cannot replace the university’s admission application.

Step 2: Receive an official admission offer

Wait until Harvard Business School has offered you admission to the MBA programme.

You must have this offer before submitting your scholarship application.

Step 3: Prepare the required documents

Prepare the following:

• Your CV with a photograph.
• Your GMAT scores.
• Your official Harvard Business School MBA acceptance letter.

Check that all the information is accurate and that the documents are ready to submit.

Step 4: Complete the Foundation’s scholarship application

Visit the official Boustany Foundation Harvard MBA Scholarship page.

Use the application form provided on the page and follow the instructions to submit your candidacy and supporting documents.

Ensure that all requested information is included before completing your submission.

Step 5: Attend an interview if shortlisted

The Foundation reviews applications and may invite shortlisted candidates to one or more interviews.

Being shortlisted does not guarantee an award. The Foundation will select one candidate for the scholarship.

Step 6: Await the final decision

The Foundation states that the scholarship will be awarded during June 2027.

The selected candidate should then coordinate with the Foundation regarding the award and the required two-month internship in Monaco.

Application Deadline

The application deadline for the Boustany Foundation Harvard MBA Scholarship 2027 is:

31 May 2027

The Foundation expects to announce the scholarship recipient in June 2027.

The award is offered once every two years, and the next scholarship is intended for the Harvard MBA class commencing in Autumn 2027.

Because applicants must already have secured admission to Harvard Business School before applying, prospective candidates should plan their university admission process well in advance of the scholarship deadline.

Do not wait until the scholarship deadline to begin the Harvard MBA admission process.

The Mandatory Boustany Foundation Internship in Monaco

The two-month internship is an essential part of the scholarship, not an optional extra.

Duration and location

• Duration: Two months.
• Location: Boustany Foundation office in Monaco.
• Payment: Unpaid.
• Covered expenses: Travel, accommodation, and food related to the internship.
• Timing: During the summer, with dates determined on a case-by-case basis between the scholar and the Foundation.

What will the scholar do?

The scholar may contribute to projects that support the Foundation’s work, including:

• Raising awareness about the Foundation.
• Designing or proposing new scholarships.
• Working on other initiatives that further the Foundation’s vision.

The exact project scope will be determined on the first day of the internship. The Foundation may take the scholar’s interests into account when defining the project.

Candidates should ensure that they can commit to this internship before accepting the scholarship.

Does the Scholarship Cover All Harvard MBA Expenses?

No. The Boustany Foundation Harvard MBA Scholarship is partially funded.

It covers 75% of tuition fees and provides travel, accommodation, and food expenses associated with the mandatory internship in Monaco.

The Foundation does not state that it covers the remaining 25% of tuition fees or all living and educational costs during the MBA in the United States.

Applicants should prepare a financial plan for the remaining tuition and other costs not specifically covered by the scholarship.

Frequently Asked Questions

Can Nigerians apply for the Boustany Foundation Harvard MBA Scholarship?

Yes. The scholarship is open to candidates of all nationalities. Applicants of Lebanese descent receive priority, but Nigerian candidates are eligible to apply if they meet the requirements.

Can I apply before receiving admission to Harvard Business School?

No. You must first receive an official offer of admission to the Harvard MBA programme. Applications without proof of admission will not be considered.

Is the scholarship fully funded?

No. It covers 75% of tuition fees and specified internship-related expenses. It does not cover the entire cost of the MBA programme.

Is the internship in Monaco compulsory?

Yes. Selected scholars are required to complete a two-month unpaid internship at the Boustany Foundation’s office in Monaco.

Does the Foundation cover the internship expenses?

Yes. The Foundation covers travel, accommodation, and food expenses associated with the internship.

How many candidates receive the scholarship?

The Foundation states that the scholarship is awarded to one candidate and is offered once every two years.

When will the scholarship recipient be announced?

The Foundation states that the award will be made during June 2027.

What is the application deadline?

The deadline is 31 May 2027.

Official Links and Contact Information

• Scholarship information and application: Boustany Foundation Harvard MBA Scholarship
• Harvard Business School MBA admissions: Official MBA website
• Scholarship provider: Boustany Foundation

Applicants should rely on the Foundation’s official website for the current application instructions and any updates to the scholarship requirements.

Short Conclusion

The Boustany Foundation Harvard MBA Scholarship 2027 provides an opportunity for one outstanding candidate to receive financial support for an MBA at Harvard Business School. The award covers 75% of tuition fees and includes a mandatory two-month unpaid internship in Monaco, with travel, accommodation, and food expenses covered by the Foundation.

The scholarship is open to all nationalities, with priority given to candidates of Lebanese descent. Applicants must have an excellent academic background, demonstrate considerable promise, and secure an official offer of admission to Harvard Business School before applying.

The deadline is 31 May 2027, and the scholarship recipient is expected to be announced in June 2027.

If you have already secured admission to Harvard Business School and meet the requirements, review the official guidelines and submit your application before the deadline.

Apply for the Boustany Foundation Harvard MBA Scholarship 2027