Hadeel Jaradat MBA'23J
With growing awareness of the challenges students often face in financing an MBA, donors made more contributions for financial assistance than any other category of giving last year, with a total of 2,240 gifts toward scholarships. Such generosity enabled 306 students, nearly a third of the incoming class, to earn much-needed financial aid. Recipients represented more than 60 nationalities; 67% come from emerging markets and 51% are women. A Moroccan financial-tech entrepreneur developing alternative savings options; an Argentinian social-impact founder creating recycling systems for large waste generators; a Singaporean public hospital doctor — this small sample of MBA students speaks to the amazing diversity and promise of INSEAD scholarship recipients.
Scholarships will remain a priority in the year ahead as students cope with global inflation and challenging local financial markets. Even though INSEAD partners with several global loan providers, many admitted students — particularly those who wish to return to emerging countries after graduation — seek a scholarship to avoid overwhelming debt. Some students, from Lebanon, Ukraine and countries that have undergone currency devaluations, face formidable hurdles in paying tuition. Others, from Africa, Asia and the Middle East, where it is customary to provide support for one’s family, face special financial constraints. For many of these students, donor generosity toward scholarships will be the key to achieving their dreams and realising their force for good potential.
