From tuition fees to living expenses, making the choice to invest in your graduate degree is no easy decision. When thinking about business school, a top tip is to search and apply for scholarship opportunities. These can help you overcome any financial concerns you may have, and support you on your international student journey.

At Hult, we offer a  number of scholarships to help find the best global talent and promote the diversity on campus. I’ve put together for you a list of our current graduate scholarship offers and how you can apply.

1. Merit-based scholarships

Merit-based scholarships are awarded to eligible candidates who demonstrate the strongest potential. Competition for scholarships increases as the year progresses. Candidates are therefore encouraged to apply early. We collate applications on set deadlines throughout the year. Priority is given to those candidates that submit their applications before the deadlines. To apply for any merit-based scholarship for the next fall intake, you’ll need to write a short essay. We’ve provided a list of suggested topics. We encourage you to choose the one you feel most comfortable with and can relate to most easily. What you write is entirely up to you, but you’ll notice that each topic has a few pointers that you can use to get yourself started and organize your content. Candidates are evaluated on the basis of the essay context and their overall profile. Below are the different categories of merit-based scholarships available.

Social Impact

The Social Impact scholarship is for applicants who have held an internship or who have done volunteer work at a non-governmental organization (NGO,) charity, or multilateral or who have their own social startup organization. For this scholarship, Hult is seeking applicants who have shown the ability to manage projects or tasks for a social organization while implementing solutions that benefit society as a whole.

Global Professional

The Global Professional scholarship is awarded to aspiring business leaders who have worked full-time for a minimum of one year in a large global corporation. For this scholarship, Hult is seeking applicants who have experience in an international company and understand the global business environment.

Entrepreneurial Impact

The Entrepreneurial Impact scholarship is for professionals who have had an internship or volunteer experience and demonstrated involvement, leadership, or had a role in the outcome of an entrepreneurial project. For this scholarship, Hult is seeking candidates who think and act with an entrepreneurial spirit and have a strong sense of how to put a project or idea into action.

Future Leader (masters only)

The Future Leader scholarship is for students who have demonstrated enthusiasm and a natural aptitude to lead. This may be in a work context through inspiring and managing a high performing team or by holding significant leadership roles in a social, charitable, or entrepreneurial context. For this scholarship, Hult is seeking candidates who can lead successfully by exciting and motivating others.

Senior Leaders (MBA and Executive MBA only)

The Senior Leaders scholarship is for students who have demonstrated leadership through leading teams and working in an international arena, often in a Vice President or similar role. They are the influencers in the company and help set tomorrow’s strategy. For this scholarship, Hult is seeking candidates who can be visionary and lead high-performing teams.

Women in Business

The Women in Business scholarship is for female applicants who have work or internship experience or have led a team in an international environment. For this scholarship, Hult is seeking female leaders with experience in a global company and an understanding of the global business environment.

Academic Excellence 

The Academic Excellence scholarship is for candidates who have excelled in their studies and earned an outstanding GPA.

2. Needs-based financial aid

In order to be considered for financial aid, students must demonstrate significant financial need. To apply for financial aid, you will need to log into your online application and complete the “Declaration of Finance” section. This is a means of evaluating the real economic necessity of candidates. All applicants need to answer as many questions as possible regardless of age, financial independence, or marital status. We understand that financial planning can still be a work in progress. Therefore do not worry if the information is not 100% complete.

Apply now and get started on achieving your global career goals. Or alternatively, get in touch to learn more about Hult’s scholarship opportunities.

Details on eligibility and entry criteria can be found on our website: masters programs here. MBA here. Executive MBA here.

Come back next week, when we’ll be talking to Hult grad Naomi Thompson about her scholarship story.

Hult offers a range of highly skills-focused and employability-driven business school programs including a range of MBA options and a comprehensive one year masters programs. To find out more, take a look at our blog 3 big questions to ask yourself before Decision Day.

Francesco Farne is a contributing staff blogger and Senior Director of Enrollment for Hult’s graduate programs.