MBA Financing

Scholarship Application Guide 

 

Financial Aid Calendar

Applications must be complete and submitted by 23:59 CET on the day of deadline. We regret we cannot accept any scholarship applications after the deadlines.  All scholarship applications will be reviewed right after the deadline.

For some merit-based scholarships we will consider all candidates from Rounds 1 and 2 and we will need to liaise with the donors, thus the very final decision on them will be communicated by end February for July Class and by early September for the December Class.

Below is the list of scholarships concerned:

  • INSEAD Alexis & Anne-Marie Habib Foundation Scholarship
  • INSEAD Groupe Galeries Lafayette Endowed Scholarship for Women
  • INSEAD Jacques Nasser Endowed Leadership Scholarship
  • INSEAD Judith Connelly Delouvrier Endowed Scholarship
  • INSEAD Orange Endowed Scholarship(s) for Emerging Markets
  • INSEAD Syngenta Endowed Scholarship(s) for Emerging Country Leadership
  • INSEAD L’Oreal scholarship: Applicants short listed for an award will have a phone/Skype interview with the L’Oreal representative.
  • INSEAD Olam International MBA Scholarships for Change Catalysts in African Markets

The following scholarships will be available for Round 3:

  • INSEAD Diversity scholarships: many of the merit and need-based scholarships in this group are on offer for Round 3 applicants. 
  • INSEAD Louis Franck Scholarship: candidates from the UK 
  • INSEAD Belgian Alumni and Council Scholarship
  • INSEAD Africa Leadership Fund Scholarship
  • INSEAD Saïd Foundation Scholarship Fund for Syrian and Palestinian MBA Students

  • Scholarship applications should be submitted at the interview stage of the admission process.
  • We encourage you to limit your applications to a maximum of 5 scholarships.
  • Scholarship awards are deducted from the last instalment of your tuition fees.

Candidates in the first three rounds will apply for financial aid at interview stage.  Round 4 candidates will not have access to scholarship applications. However, funds will be reserved to offer a number of merit scholarship awards upon admission. Awards will be based on the quality of the MBA application. They do not require an application and everybody will be considered. If you do not receive an e-mail within one week from admission, this would unfortunately mean that you have not been selected.

Waitlisted candidates are encouraged to apply for scholarships within the deadlines indicated above. Your scholarship applications will be reviewed while you are still on the waitlist. Financial aid decisions for the wait-listed candidates will be communicated upon admission.

If you are awarded an INSEAD scholarship and also receive a full tuition external or national award, we will automatically withdraw your INSEAD award which will be reallocated to another deserving candidate in yours or a future intake. Partial tuition awards from external sources will be reviewed on a case-by-case basis.

To access the scholarship application form on-line, you will first need to register (important : your name should be indicated exactly as on your admission application).

Upon registering, you will receive your personal login ID and password to navigate through the scholarship website.   You will first need to answer all the profile questions (personal contact details, educational and professional information).  This will serve as a background for all applications.  Thereafter, you will have the option to apply for different scholarships. 

Throughout the period that the on-line application is available, you can modify or withdraw your scholarship applications as you please. You can track the status of your on-line application with the help of your scholarship login ID and password. Please note that the scholarship portal is not part of the platform for the admitted candidates and therefore you will need to register for it separately.

All scholarships have specific eligibility criteria based on a combination of merit and financial need. Candidates will be judged on the quality of their scholarship essays and the degree to which they meet the eligibility criteria. As a part of the merit criteria, the Committee will consider the academic and professional achievements and merit distinctions received. Please note that admissions essays are not part of the scholarship review process.

Company sponsorships are considered as external financial aid. We discourage candidates who are sponsored from applying for INSEAD scholarships. Our scholarship offering is designed primarily for those with fewer resources.

The group of need-based scholarships first focuses on emerging and developing markets. Financial need is the main criterion for these awards. Please note that a number of supporting documents will be required as part of the application.

List of supporting documents:

◦Proof of salary (latest salary slip or a letter from your employer);

◦Bank statements for the last three months that will reflect your checking and savings accounts. On-line overview is accepted.

◦If you have extenuating/exceptional circumstances in the past year (supporting dependents’ education, medical care, bankruptcy, etc.), provide relevant documentation.

You will be able to upload the documents as part of the scholarship on-line application.

 

The INSEAD Louis and Evelyn Franck Endowed Award for Excellence scholarship does not require an application and all admitted candidates in each round will be considered based on the merit of the admission application.  Successful candidates will receive the notification on this award approximately one week after admission. If you do not receive an e-mail within that time frame please consider that you have not been selected.

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