Boustany Foundation Harvard MBA Scholarship 2027: 75% Tuition at HBS + Monaco Internship

75% of Harvard Business School tuition — roughly $127,000 over two years — plus a fully covered 2-month internship in Monaco. One winner per cycle.

The Boustany Foundation Harvard MBA Scholarship is a rare biennial award. All nationalities are eligible, with priority given to candidates of Lebanese descent. The hard requirement: you must hold an HBS admission offer first. Next cycle: Autumn 2027 intake, deadline May 31, 2027.

Quick Overview

Feature	Details
Scholarship	Boustany Foundation Harvard MBA Scholarship
Host university	Harvard Business School, USA
Level	MBA
Value	75% tuition (~$127K over 2 years) + Monaco internship
Awards	1 winner per cycle (biennial)
Duration	2 years (MBA) + 2-month internship
Eligibility	Must hold HBS admission; all nationalities, Lebanese descent priority
Coverage	75% tuition; internship travel, accommodation, food covered
Application Route	Email application to the Foundation
Deadline	May 31, 2027
Website	boustany-foundation.org

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What the Scholarship Covers

A massive tuition discount plus a unique internship experience.

Tuition

• 75% of HBS tuition — approximately $127,000 over 2 years

• You cover the remaining 25% (plus living costs)

Monaco Internship

• Fully covered 2-month internship in Monaco

• Travel, accommodation, and food included

• A unique networking and professional experience with the Foundation

What it does NOT cover:

• 25% of tuition (your responsibility)

• Living costs during the MBA in Boston

• Dependents’ costs

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Eligibility Requirements

1. HBS Admission

• MUST hold an HBS admission offer first — this is non-negotiable

• Apply to HBS in its regular cycle, then apply to the Foundation

2. Nationality

• All nationalities eligible

• Priority to candidates of Lebanese descent

3. Academic and Professional Record

• Strong academic and professional credentials consistent with HBS admission

• The Foundation seeks exceptional, well-rounded candidates

4. Character and Vision

• The Foundation looks for future leaders aligned with its philanthropic mission

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Application Process

Timeline: Biennial cycle — deadline May 31, 2027 for Autumn 2027 intake; awarded June 2027.

Step 1: Secure HBS Admission (Round 1-2, 2026-27)

• Apply to HBS in its standard rounds

• HBS admission is the prerequisite — get the offer first

Step 2: Prepare Your Application (Early 2027)

• CV, academic transcripts, personal statement

• Evidence of your fit with the Foundation’s mission

Step 3: Apply by Email (by May 31, 2027)

• Send your application to admissions@boustany-foundation.org

• Deadline: May 31, 2027

Step 4: Selection and Award (June 2027)

• One winner selected

• Scholarship awarded June 2027; MBA begins Autumn 2027

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Selection Criteria

One winner per cycle — the bar is exceptional.

1. HBS Admission Quality

• Admission to HBS already filters for academic and professional excellence

2. Lebanese Descent Priority

• Candidates of Lebanese descent receive priority consideration

3. Leadership and Character

• A track record of leadership and a compelling vision

4. Alignment With the Foundation

• The Foundation supports education, science, and culture — articulate your alignment

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Boustany vs. Other MBA Scholarships

Scholarship	School	Coverage	Deadline
Boustany Foundation	Harvard HBS	75% tuition + Monaco internship	May 31, 2027
Pershing Square	Oxford Saïd	Full fees + living grant	Jan 7, 2027
UBC Sauder	UBC Canada	Up to $60,000	With application rounds

Boustany advantages:

• Massive 75% tuition coverage at HBS

• Unique Monaco internship included

• Biennial cycle = less competition than annual awards

Choose Pershing Square if: you want full funding (not 75%) and your profile is social-impact. Choose UBC Sauder if: you want Canadian options with simpler application mechanics.

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Common Mistakes

1. Applying Without an HBS Offer

Mistake: Expecting the Foundation to secure admission.
Fix: You must hold HBS admission first. Get the HBS offer before applying to the Foundation.

2. Missing the Biennial Cycle

Mistake: Assuming you can apply any year.
Fix: This is a biennial award. The next cycle is Autumn 2027 intake with a May 31, 2027 deadline.

3. Ignoring the Email Application Format

Mistake: Looking for an online portal.
Fix: Applications go by email to admissions@boustany-foundation.org.

4. Underestimating the Competition

Mistake: Treating this like a standard scholarship.
Fix: One winner per cycle. Your application must be exceptional in every dimension.

5. Neglecting the Mission Alignment

Mistake: Writing a generic MBA essay.
Fix: The Foundation funds education, science, and culture. Show how your path aligns with its mission.

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Should You Apply?

Yes, if:

• You hold (or are targeting) an HBS admission offer

• You’re of Lebanese descent (priority) or an exceptional candidate from any nation

• You can fund the remaining 25% of tuition plus living costs

Realistic expectations:

• One winner per cycle — the most selective MBA scholarship on this list

• HBS admission is the first and hardest gate

Worth applying:

• 75% tuition at HBS is worth ~$127,000

• The Monaco internship is unique and career-defining

• The application is a short email — low cost for a massive prize

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Strategy Tips

1. Nail HBS Admission First

The Foundation award follows HBS admission. All your energy goes into the HBS application first.

2. Apply to HBS Early Round

Early rounds give you an HBS offer with time to spare before the May 31 Foundation deadline.

3. Prepare a Mission-Aligned Statement

Research the Boustany Foundation’s work in education, science, and culture. Connect your story to it.

4. Gather Strong References Early

References that speak to leadership and character carry weight in a one-winner selection.

5. Have a Contingency

With one winner per cycle, treat this as a high-upside add-on — keep other funding applications running.

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Next Steps

1. Now: Apply to HBS in its standard rounds (admission is the prerequisite)

2. Early 2027: Prepare CV, statement, and references for the Foundation

3. Before May 31, 2027: Email your application to admissions@boustany-foundation.org

4. June 2027: Award decision

5. Autumn 2027: Begin the HBS MBA

75% of HBS tuition plus a fully covered Monaco internship — one winner, biennial cycle, and the only real requirement is holding an HBS offer. If that’s your position, the May 31 email is worth sending.

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Related: Oxford Pershing Square Scholarship · UBC Sauder MBA Scholarships · Knight-Hennessy Scholars at Stanford · Fulbright Foreign Student Program