Making it easy to afford an MBA

MBA scholarships

Hult offers a range of merit-based MBA scholarships to reduce the tuition cost. MBA scholarships are available to all students regardless of citizenship. To be considered for these MBA scholarships we encourage you to apply as early as possible. MBA scholarships are made only to accepted students who meet special criteria, usually reflecting their personal, academic or professional achievements.

Hult offers Scholarship Opportunities for Students:

Hult International Business School has launched a new scholarship for students from Korea and Japan.

The new scholarships aim to tap promising students from the two countries. The scholarships, totaling USD 200,000 will be awarded to successful candidates in the following three categories; senior candidates with more than 10 years of experience (Global Executive Scholarship), junior candidates with promising potential (Future Leadership Scholarship), and candidates with experience in a specific industry (Industry Specific Scholarship).

For more details about the scholarship contact Hult at admissions@hult.edu or 852 2111 2399.

Hult GMAT Scholarship

Hult is offering a new Scholarship to cover the costs of General Management Admissions Test preparations for prospective MBA students from the Europe region.

As many of our applicants are working full time and have not had the time and resources to prepare for the GMAT before our upcoming April 25th deadline, we are offering an exclusive scholarship to all applicants who have completed and paid for the online application by the 25^th of April 2010*. Applicants have the opportunity to complete the online application to Hult, and pursue their GMAT preparations afterwards. They will need to submit their test results within the next 60 days after the official April 25^th deadline and become an accepted student for the program.

The GMAT Scholarship entails Hult refunding the cost of the applicants GMAT preparation course with one of our recommended prep-centers, or online GMAT preparation providers. Re-imbursement will cover courses up to 2000 USD, including the preparation course and the fee for taking the GMAT exam. *

1. Hult MBA candidate resident in Europe or Kazakhstan, Turkmenistan, Kyrgyzstan, Uzbekistan, Tajikistan, Turkey, or Israel.
2. A completed Hult MBA online application between the 8^th March-25^th April 2010.
3. A passing GMAT score after taking the GMAT preparation course.
4. A GMAT score which cannot be more than 6 months old.
5. A completed GMAT exam by the 15th of July with a satisfactory result and the applicant accepted to the Hult MBA program.

Please contact German Fernandez (German.Fernandez@hult.edu), Director of Recruiting, Europe for more information.

*or who completed the application starting the 8^th of March 2010.
**Those who are preparing for their General Management Admissions Test individually may still be eligible for the GMAT scholarship – these cases need to be discussed individually

Fellowships

A limited number of merit-based fellowships are available to accepted students. These fellowships offer students the opportunity to work with our faculty and staff at Hult International Business School for approximately eight hours per week. The numbers of fellowships vary from year to year, and fellowships are typically around USD3,000.

Educational loans

Students requiring finance for their tuition costs have two main loan options:

Bank loan
Financial institutions in many countries offer educational finance, especially for local citizens wishing to pursue an MBA. These loans are typically repayable after completion of the course, although terms vary widely. We are happy to work with students to help them identify suitable financial institutions to apply to .

Erika loan
Hult has established a partnership with Erika Finance, a Swiss Financial Institution, to offer student loans to international students who do not have a U.S. resident co-signer. These loans offer very competitive interest rates. The loans are typically offered over five years with repayments starting from six months after graduation.

Credila education loan for Indian citizens
Credila Financial Services is a lender specialized in education loans and provides student loans of up to Rs. 2,000,000 for Indian citizens who are planning to study in the US. For more information visit www.credila.com.