Have you considered the whopping sum you would pay to acquire a Doctor of Business Administration (DBA) in the United States, and you are already giving up? Don’t worry; this article seeks to expose you to the available top scholarship opportunities that will make your dreams come true.
Several scholarships are available in the U.S. for those pursuing a Doctor of Business Administration (DBA) degree, each with different criteria and benefits.
Types of scholarships
There are two types of scholarships that people often emphasize, regardless of the specific program they want to study. These are merit-based scholarships and need-based scholarships.
When you delve deeply into those mentioned above, you’ll discover that there are more diverse ways to categorise them, ways that can boost your chances of getting a scholarship. Other relevant scholarship categories are based on who awards them, the students they aim to help, and the specific skills they want to support, but let’s explore them in more detail.
1. Merit-based scholarships
This is seemingly the most common type of scholarship, which seeks to award students based on their overall superior academic achievements in their fields of study. Apart from how well one does in school, there are students who demonstrate excellence in a specific field (not all fields) and show potential that can genuinely impact society. In recognition of this talent, many institutions offer scholarships based on research, artistic, or athletic achievements.
Therefore, merit-based scholarships aim to recognise students’ hard work and dedication and motivate others to do the same. They attract talent and the brightest minds among students, leading to a competitive and high-performing learning environment.
2. Need-based scholarships for students with low incomes.
A need-based scholarship is meant for students with evidently low incomes to aid them in pursuing higher education without financial constraints, irrespective of their economic background. One of the prerequisites for obtaining this scholarship is that you must prove you have a low income. However, such scholarships often have second selection criteria, which can be one of the merit-based categories.
Need-based scholarships aim to support economically disadvantaged students and help break the cycle of poverty, offering recipients a chance to improve their lives and their community.
Note: The above-mentioned type of scholarship can be applicable to all kinds of international scholarships, including a Doctor of Business Administration (DBA) in the United States, which is the main emphasis of this article.
Here are the top DBA scholarships for international students in 2024
1. Harvard Business School’s DBA Fellowship
This is usually a fully funded scholarship covering tuition and a living stipend. It provides sustainable grants catering to all your study needs, allowing you to concentrate on your study and research without any financial constraints.
2. American Association of University Women (AAUW) International Fellowship
This is open to women who want to pursue graduate and postgraduate courses in the United States. Under this platform, one could study a plethora of courses, including business administration.
3. Forte Foundation Fellowship
The Forte Foundation offers prestigious fellowships for women interested in pursuing advanced degrees in business, including Doctor of Business Administration (DBA) programs. These fellowships are designed to support and empower women in their journey towards achieving influential leadership positions in the business world. In addition to financial support, Forte Fellows gain access to a wide range of exclusive networking events, professional development resources, and mentorship programs, all of which are tailored to help them thrive in their academic and professional endeavours.
4. Fulbright Foreign Student Program
The Fulbright Program stands out as one of the most esteemed international scholarship initiatives, offering grants to students, researchers, and professionals who wish to pursue a Doctor of Business Administration (DBA) in the United States. This comprehensive program covers tuition fees, living expenses, travel costs, and health insurance. Despite its highly competitive nature, the Fulbright Scholarship provides significant financial support and invaluable networking prospects for its recipients.
5. The Executive DBA Council (EDBAC) Scholarship
The Executive DBA Council (EDBAC) is dedicated to supporting students enrolled in member programs by offering scholarships. These scholarships are specifically designed to assist experienced professionals pursuing a Doctor of Business Administration (DBA) while continuing to work. The scholarships are awarded based on merit and are intended to help alleviate the financial burden of tuition for these working professionals.
6. AICPA. The John L. Carey Scholarship
The AICPA John L. Carey Scholarship opportunity aims to equip students from non-business backgrounds who intend to acquire a Doctor of Business Administration, particularly in accounting. The scholarship is designed to empower five students with up to $5,000 per school year through this prize. To be eligible for this scholarship, you must demonstrate a high level of academic achievement and a desire to become a certified CPA.
7. The National Black MBA Association (NBMBAA) Scholarship
The National Black MBA Association (NBMBAA) scholarship is exclusively meant for African American students passionate about obtaining an advanced degree in business, such as a Doctor of Business Administration. There are a plethora of criteria to consider before awarding this scholarship, including your overall academic success, leadership expertise, and involvement in community development.
8. PEO International Peace Scholarship
The PEO International Peace Scholarship is a partially funded scholarship for women who are not natives of the United States and Canada. The scholarship seeks to empower women who are passionate about promoting peace and contributing to community development through the instrumentality of education.
The scholarship gives its beneficiary up to $12,500 annually, depending solely on the person’s financial needs. It could be renewed following the duration of one’s program. As mentioned earlier, this scholarship does not cover all the student’s tuition fees and other expenses; it only complements the person’s financial aid.
9. The Consortium of Graduate Studies in Management Fellowship
The Consortium Fellowship is a fully funded scholarship that covers tuition and other living expenses. It is meant for minority students aspiring to acquire a business degree, including a Doctor of Business Administration in the United States. The program’s primary aim is to promote diversity and inclusion in business leadership.
Best Online D.B.A. Degree scholarship options you would like to explore
- California Baptist University
- Saint Leo University
- Liberty University
- Wilmington University
- City University of Seattle
- Franklin University
- Johnson & Wales University – Online
- Walsh College
- Northwood University
- University of La Verne
