Boustany Foundation Harvard MBA Scholarships for Autumn 2027 Available Globally
The Boustany Foundation has confirmed that its next Harvard MBA Scholarship cycle will open for the class commencing autumn 2027, covering 75% of tuition fees at Harvard Business School. Awarded once every two years, the Boustany MBA Harvard Scholarship remains one of the more unusual funding instruments in graduate business education – generous in its financial scope, but narrow in its terms and highly selective in its reach.
What the Boustany Harvard MBA Scholarship Actually Covers?
At face value, the Boustany MBA Scholarship at Harvard is substantial. The foundation covers 75% of Harvard Business School tuition – which, at current rates exceeding $115,000 for the two-year MBA programme, translates to roughly $86,000 in direct tuition relief.
Beyond fees, scholars receive travel and accommodation expenses tied to a mandatory two-month summer internship at the foundation’s office in Monaco. That internship, unpaid but fully covered for logistics, requires scholars to work on awareness campaigns, scholarship design, or strategic initiatives aligned with the Boustany Foundation’s mission.
Eligibility and Who Realistically Stands a Chance
The Boustany Foundation Harvard Scholarship is open to candidates of any nationality, though the foundation explicitly states that priority is given to applicants of Lebanese descent. This is a critical detail. While technically global in eligibility, the scholarship’s selection lens tilts heavily toward candidates with Lebanese heritage, reflecting the foundation’s cultural mission. Applicants must already hold an offer of admission from Harvard Business School before applying – this is not a scholarship that facilitates entry, but one that rewards those who have already cleared the formidable Harvard MBA admissions process.
Candidates need an excellent academic background and demonstrable promise. The application requires a CV with photograph, GMAT scores, and the Harvard acceptance letter, sent directly to the foundation at [email protected]. Shortlisted candidates face one or more interviews with the foundation before a single scholar is selected.
Background and Reputation of the Boustany Scholarship
The Boustany Foundation, headquartered in Monaco, operates scholarship programmes across several elite institutions, with Harvard Business School being its flagship MBA partnership. The foundation’s biennial award cycle means only a handful of scholars have received this funding over the past decade, lending it an air of exclusivity that few private scholarships can match. Its reputation has grown steadily within Lebanese diaspora academic circles and among MBA aspirants tracking niche funding sources for top-tier American business schools.
Deadline and Application Timeline
The deadline for the Boustany Harvard MBA Scholarship 2027 is 31st May 2027. The scholarship award will be announced during June 2027, ahead of the autumn 2027 intake at Harvard Business School.
My Take
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 be admitted to Harvard. For candidates of Lebanese descent with the academic credentials to secure a Harvard MBA offer, this is one of the most valuable private scholarships available in graduate business education. For everyone else, the realistic odds are slim, though not impossible.
The mandatory Monaco internship is an unusual but not unreasonable condition, and the foundation’s willingness to cover logistics makes it feasible. This scholarship rewards a very specific intersection of merit, heritage, and ambition – and for the right candidate, it is an exceptional opportunity.