MIT Sloan MBA Scholarships Documents Required 2026
Required 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).
DBT Bank Seeding Warning
Your primary bank account must be active, seeded with your Aadhaar card, and mapped on the NPCI mapper. The government disbursements are made exclusively via Direct Benefit Transfer (DBT).
FAQs for MIT Sloan MBA Scholarships
Q.Are international students eligible for MIT Sloan MBA scholarships?
Yes, international students are equally eligible for both merit-based and need-based MIT Sloan MBA scholarships. There are also specialized funding options and fellowships specifically for international students or those from emerging markets, such as the Legatum Fellowship and ASEAN Fellowship.
Q.Do I need to submit a separate application for scholarships?
For most merit-based scholarships, you are automatically considered upon admission to the MIT Sloan MBA program based on the strength of your application; no separate scholarship application is required. However, some specific fellowships and all need-based aid opportunities may require additional application forms and financial documentation.
Q.What does a scholarship typically cover?
MIT Sloan MBA scholarships can cover a portion of tuition costs up to full tuition, and in some cases, may contribute towards living expenses as well. The coverage varies significantly depending on the specific scholarship or fellowship awarded. The full cost of attendance includes tuition, fees, health insurance, housing, food, and other personal expenses.
Q.Does applying for financial aid affect my chances of admission?
No, MIT Sloan practices a needs-blind admissions process for all applicants, including international students. Your financial situation will not be a factor in the admissions decision. Financial aid is determined only after you have been admitted to the program.