MIT Sloan MBA Scholarships
MIT Sloan School of Management · All India
| Scheme Name | MIT Sloan MBA Scholarships |
| Provided By | MIT Sloan School of Management |
| Eligibility Summary | Class 11-12, Graduation, Engineering (< ₹8L Income) |
About the Program
Comprehensive guide for MIT Sloan MBA Scholarships. Get eligibility details, stipend amounts, and registration instructions here.
Benefits & Financial Support
$91,892 (approx. ₹117.7 Lakh+)
MIT Sloan MBA scholarships (fellowships) are primarily merit-based and awarded upon admission. While some fellowships can cover up to full tuition, specific award amounts are not publicly disclosed for most general admission fellowships. For the 2026-2027 academic year, the tuition for the MIT Sloan MBA program is $91,892 (approximately ₹87.54 lakh, using an approximate exchange rate of 1 USD = 95.22 INR as of August 2026). Specialized fellowships, such as the MIT Kuo Sharper Center Student Fellowship, may offer up to $15,000 (approximately ₹14.29 lakh). Fellowships are generally applied directly to tuition; they do not typically cover living expenses. Disbursement details for individual awards are provided upon notification of the scholarship. Direct Benefit Transfer (DBT) to Aadhaar-seeded accounts is not applicable as these are international scholarships awarded by a U.S. institution.
- —
Admission:Must be admitted to the MIT Sloan MBA program.
- —
Degree Level:Full-time MBA program.
- —
Academic Standing:Some scholarships may require recipients to maintain a specific GPA or meet academic expectations.
- —
Financial Need:For need-based scholarships, applicants must demonstrate financial need.
- —
Specific Fellowships:
- —
Legatum Fellowship:For entrepreneurial students from emerging markets.
- —
ASEAN Fellowship:For students from ASEAN countries.
- —
Forté Fellowship:For outstanding women candidates.
- —
Aker Scholarship:For students from Norway.
- —
Yellow Ribbon Program:For eligible U.S. military veterans.
- —
Other fellowships target specific backgrounds, professional interests (e.g., data analytics, social impact), or regions.
Eligibility Criteria & Income Limit
| Education Level | MBA |
| Course / Stream | MBA |
| Income Limit | No income bar |
| Category / Caste | General, OBC, SC, ST |
| Domicile State | All India |
Mandatory Documents Checklist
- ✓Cover letter (seeking a place in the MIT Sloan MBA program, max 300 words excluding address/salutation, addressing desired criteria with professional examples)
- ✓One-page resume
- ✓Short video statement (less than 60 seconds, single take, introducing yourself to classmates)
- ✓One letter of professional recommendation
- ✓Contact information for two references
- ✓Organizational chart of your department and company (max two pages)
- ✓Copies of academic transcripts
- ✓GMAT or GRE score (waiver request option available)
- ✓$250 application fee
- ✓Financial documents (for need-based aid, e.g., tax returns, income statements, bank statements; CSS Profile for international students).
Selection Process
- —
Candidates are automatically considered for most merit-based fellowships upon admission to the MIT Sloan MBA program
- —
no separate scholarship application is typically required
- —
The selection is based on the strength of the applicant's overall profile, including academic excellence, professional achievements, and potential to contribute to the MIT Sloan community
- —
The admissions process at MIT Sloan is need-blind, meaning a candidate's financial situation does not affect the admission decision
- —
Notification of fellowship awards is typically provided at the time of admission.
Renewal Policy
- —
MIT Sloan MBA scholarships (fellowships) are typically awarded upon admission, and the terms and duration of the award (e.g., one year or two years) are communicated at the time of notification
- —
While there are no explicit 'renewal conditions' publicly listed for general merit-based fellowships, continued eligibility usually requires maintaining satisfactory academic progress in the MBA program
- —
For specific named fellowships, renewal criteria may be outlined in the award letter.
How to Apply Online
Applications are submitted online via the official portal. Complete eKYC, upload scanned documents, and submit before the closing date.
- 1Prepare Application Materials
Gather all required documents for the MIT Sloan MBA application. This typically includes a professional resume, a cover letter, academic transcripts from all prior institutions, GMAT or GRE scores, two letters of recommendation, and responses to essay prompts or video statements. For international applicants, a four-year undergraduate degree or its international equivalent is usually required.
- 2Submit Online Application
Complete and submit your MIT Sloan MBA online application by the specified deadline for your chosen admission round.
- 3Automatic Fellowship Consideration
Once your MBA application is submitted, you are automatically considered for most merit-based fellowships offered by MIT Sloan. No separate scholarship application form is required for these general fellowships.
- 4
Explore Specialized Fellowships (Optional): If you are interested in specific specialized fellowships (e.g., those focused on entrepreneurship or social impact), review their individual eligibility criteria and application processes, as these may require separate applications and often have distinct deadlines.
- 5Financial Aid Process Post-Admission
If you are admitted to the MBA program, you will receive detailed information about the financial aid process. International students typically submit the MIT Graduate Information Finance Form (GIFF) to help determine their financial aid package.
- 6Track Status
Admission and fellowship decisions are generally released through the online application portal. For any questions regarding your financial aid status after admission, you can contact the Sloan Student Funding Office.
Common Questions (FAQs)
Are MIT Sloan MBA scholarships available specifically for Indian students?
MIT Sloan MBA scholarships (fellowships) are primarily merit-based and are open to all admitted international students, including those from India. While there isn't a dedicated scholarship named 'MIT Sloan MBA Scholarships in India,' Indian applicants are automatically considered for the general fellowships upon admission based on their overall profile. Some external scholarships specifically for Indian students wishing to study abroad, such as the Fulbright-Nehru Master's Fellowship, Inlaks Shivdasani Scholarship, and JN Tata Endowment, can also be pursued.
Do I need to apply separately for MIT Sloan MBA scholarships?
For most of MIT Sloan's merit-based admission fellowships, you do not need to submit a separate scholarship application. All eligible admitted students are automatically considered based on the strength of their MBA application. However, certain specialized fellowships (e.g., those for entrepreneurship or social impact) may require a separate application process.
What is the typical amount of an MIT Sloan MBA scholarship, and does it cover living expenses?
MIT Sloan does not publish standard award amounts for most of its general admission fellowships; however, some fellowships can cover up to full tuition. For the 2026-2027 academic year, MBA tuition is $91,892 (approximately ₹87.54 lakh). While fellowships primarily help cover tuition, they generally do not cover living expenses. Students typically combine scholarships with personal savings, loans, and other resources to finance their education and living costs.
Similar Opportunities You Can Apply For Today
TRTI Scholarship 2026 (Maharashtra ST)
Applications OpenTribal Research and Training Institute, Pune
Prime Minister's Research Fellowship (PMRF)
Applications OpenMinistry of Education, Government of India
NSP One-Time Registration (OTR) Scheme 2026-27
Applications OpenMinistry of Electronics and Information Technology (MeitY)
UGC Junior Research Fellowship (JRF)
Applications OpenUniversity Grants Commission (UGC)
Discover More
Legal Disclaimer
IndiaScholarships.in attempts to provide accurate information manually curated from official sources. Scholarship details, timelines, and eligibility can change without notice as per the provider's discretion. Applying for a scholarship does not guarantee selection. Always verify all information on the official MIT Sloan School of Management website before final submission.