Fully Funded International MBA Scholarships at University of Illinois College of Business USA

The School

The College of Business at the University of Illinois is a public business school located in Chicago, Illinois. The College of Business is renowned for being a prestigious business school that offers a large variety of business programs such as the MBA program. The University of Illinois aims to promote the following areas:

  • Teaching
  • Research
  • Public Engagements

The MBA Scholarships

There are many different avenues of funding for MBA programs available at the College of Business. Online MBA programs are a significant financial investment. The school is pleased to be able to offer a limited number of MBA scholarships to qualified applicants.

List of MBA Scholarship Opportunities

Below is a list of MBA scholarship opportunities.

Merit Scholarship

Description: All successful MBA applicants are considered for these scholarships at admission.

Award: These scholarships can range anywhere from $2,500 to awarding full tuition waivers depending on the individual applicants financial needs.

The Illinois x2

Description: These scholarships are intended only for alumni of the school who meet the below requirements.

Award: This MBA scholarship awards a 50% reduction on tuition fees for the full duration of the MBA program.


  • The applicant has to be admitted to a MBA program
  • The applicant must be an alumni of the University of Illinois at Urbana Champaign
  • The applicant must have at least two years of professional work experience after they achieved their bachelor’s degree.
  • The applicant must have and maintain at least a 3.3 GPA

MBA Scholarship for Graduates of Historical Black Universities

Description: The University awards 8 scholarships annually for graduates that come from historically black universities. The intent of these scholarships is to provide an inclusive and diverse program.

Award: These scholarships are full funded tuition MBA scholarships.


  • The applicant must have and maintain at least a 3.5 GPA
  • The applicant must have a minimum of two years of postgraduate work experience
  • The applicant must be a graduate of a black university or college.

Forte Foundations Fellow

Description: These MBA scholarships are awarded to female applicants. These scholarships are available to all female applicants. The intent of these MBA scholarships is to help educate and train talented females to take on more management and leadership roles within the business world.

Award: These scholarships offer prestigious and generous scholarships. The amounts depend on the financial needs to the individual applicants.

NSHMBA University Partnership Programs

Description: This MBA scholarship is awarded to outstanding Hispanic applicants. The National Society of Hispanic’s MBA program has partnered with numerous different universities and colleges throughout the United States in order to help increase the number of qualified Hispanic applicants completing their undergraduate and postgraduate degrees.

MBA Scholarships for Veterans

Description: The College of Business at the university strives to provide veteran friendly services. The university allows federal and state funding for qualified veteran applicants.

Award: The amount awarded for veteran scholarships is subject to the financial needs to the veteran as well as their duty status and disability status.



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