Study in USA | Boustany Foundation Harvard MBA Scholarships 2027 |...

Study in USA | Boustany Foundation Harvard MBA Scholarships 2027

Posted 2026-04-09 10:00:11

Study in USA | Boustany Foundation Harvard MBA Scholarships 2027

The Boustany Foundation has confirmed that its next Harvard MBA Scholarship cycle will open for the class commencing autumn 2027. This award covers 75% of tuition fees at Harvard Business School. Awarded once every two years, the Boustany MBA Harvard Scholarship remains one of the most unusual funding instruments in graduate business education. It is generous in its financial scope, narrow in its terms, and highly selective in its reach.

What the Scholarship Actually Covers

The Boustany MBA Scholarship at Harvard delivers substantial financial relief. Here is exactly what successful scholars receive:

75% Tuition Coverage: The foundation covers 75% of Harvard Business School tuition. At current rates exceeding $115,000 for the two year MBA programme, this translates to roughly $86,000 in direct tuition relief. You save nearly six figures on your degree.
Monaco Internship Support: Scholars receive travel and accommodation expenses tied to a mandatory two month summer internship at the foundation’s office in Monaco. This internship, unpaid but fully covered for logistics, requires you to work on awareness campaigns, scholarship design, or strategic initiatives aligned with the Boustany Foundation’s mission.
No Living Stipend: The scholarship does not cover living expenses in Boston or other personal costs. You must budget separately for housing, food, and daily needs during your two years at Harvard.

Eligibility and Who Realistically Stands a Chance

The Boustany Foundation Harvard Scholarship opens itself to candidates of any nationality. However, the foundation explicitly states that priority goes to applicants of Lebanese descent. This is a critical detail you cannot ignore. While technically global in eligibility, the scholarship’s selection lens tilts heavily toward candidates with Lebanese heritage. This preference reflects the foundation’s cultural mission.

You must already hold an offer of admission from Harvard Business School before applying. This scholarship does not facilitate entry into Harvard. Instead, it rewards those who have already cleared the formidable Harvard MBA admissions process on their own merit.

Candidates need an excellent academic background and demonstrable promise. Here is what you must submit to the foundation:

A CV including your photograph
Your GMAT scores
Your Harvard acceptance letter

Send these materials directly to admissions@boustany foundation.org. Shortlisted candidates will face one or more interviews with the foundation before the selection committee chooses a single scholar.

Background and Reputation of the Boustany Scholarship

The Boustany Foundation, headquartered in Monaco, operates scholarship programmes across several elite institutions. Harvard Business School represents its flagship MBA partnership. The foundation’s biennial award cycle means only a handful of scholars have received this funding over the past decade. This scarcity lends the scholarship an air of exclusivity that few private awards can match.

The scholarship’s reputation has grown steadily within Lebanese diaspora academic circles. It has also gained recognition among MBA aspirants who track niche funding sources for top tier American business schools. For the right candidate, this scholarship opens doors that would otherwise remain firmly shut.

My Take on This Opportunity

Let me be direct with you. The Boustany MBA Harvard Scholarship is not a mass access funding vehicle. It is a targeted, foundation driven award with a clear cultural preference and a demanding prerequisite. You must already gain admission to Harvard on your own. That is non negotiable.

For candidates of Lebanese descent with the academic credentials to secure a Harvard MBA offer, this scholarship represents one of the most valuable private awards available in graduate business education. The 75% tuition reduction transforms the financial equation of attending Harvard. The mandatory Monaco internship adds an unusual but not unreasonable condition, and the foundation’s willingness to cover logistics makes it entirely feasible.

For everyone else, the realistic odds remain slim. However, they are not impossible. The foundation does consider non Lebanese candidates, but you must present an exceptionally compelling case.

How to Apply

Click Here to Apply

Deadline and Application Timeline

The deadline for the Boustany Harvard MBA Scholarship 2027 is 31st May 2027. The foundation will announce the scholarship award during June 2027, ahead of the autumn 2027 intake at Harvard Business School. Mark this date on your calendar and start preparing your application now.

This scholarship rewards a very specific intersection of merit, heritage, and ambition. For the right candidate, it represents an exceptional opportunity to attend the world’s most prestigious business school at a fraction of the normal cost. Visit the Boustany Foundation website today, review the full requirements, and take the first step toward your 75% funded Harvard MBA.