For many aspiring business professionals, obtaining an MBA from the University of North Carolina (UNC) represents the fulfillment of a dream. The cost of the graduate program, however, can be excessive, particularly for those with little financial resources. Fortunately, UNC provides a variety of MBA scholarship alternatives to assist students in covering the cost of educational costs and pursuing their career aspirations.
UNC MBA Scholarships
A range of scholarships are available through UNC’s MBA program to help deserving students. Merit-based scholarships and need-based scholarships can be used to categorize these scholarships.
Merit-based scholarships are given to students who exhibit extraordinary academic and professional achievements. Depending on the particular scholarship program, the requirements for merit-based scholarships can change. The UNC MBA scholarship program provides merit-based scholarships such as the following:
Dean’s Fellows Scholarship: Students who exhibit exceptional academic and professional accomplishments are eligible for this scholarship. This scholarship includes a full waiver of tuition as well as a living allowance for the beneficiaries.
Consortium Fellowship: Underprivileged minority students who have shown academic distinction and leadership potential are eligible for the Consortium Fellowship. This scholarship includes a living stipend in addition to full tuition.
Forté Fellowship: Women who exhibit remarkable leadership potential and academic performance are eligible for the Forté Fellowship. This scholarship includes a living allowance in addition to a full waiver of tuition for the applicant.
Need-based scholarships are given to students who can show they are in financial need. Depending on the particular scholarship program, the requirements for need-based scholarships may change. The MBA school at UNC provides a variety of need-based scholarships, including:
Carolina Covenant Scholarship: Students from low-income families who exhibit both academic promise and financial need are eligible for this scholarship. The complete cost of tuition, fees, housing, and board, as well as a book stipend, are awarded to the scholarship recipients.
Kenan-Flagler Business School Scholarship: Students who can show both academic potential and financial need are eligible for this scholarship. This award offers a partial tuition waiver to recipients.
MBA Fellowships for Public Service: This scholarship is given to students who have shown a dedication to serving the public and who have a serious need for money. This scholarship includes a full waiver of tuition as well as a living allowance for the recipients.
Applying for UNC MBA Scholarships
To apply for UNC MBA scholarships, students must submit their application for admission to the MBA program. Scholarship applications are generally due at the same time as the application for admission, but the exact deadlines can vary depending on the scholarship program. To be considered for need-based scholarships, students must also complete the Free Application for Federal Student Aid (FAFSA).
UNC MBA scholarships provide significant financial assistance to students pursuing a business career. If you have financial need or are a high achiever looking for merit-based scholarships, UNC has a scholarship program that can help you succeed. You can profit from UNC MBA scholarships and take the first step toward a lucrative business career with proper planning and a solid application.