Fellowships are a key priority at HBS. They ensure that our classrooms mirror the diversity of the world around us. More than 75 percent of MBA students qualify for financial assistance in the form of fellowships or loans. HBS fellowships are need-based. They directly reduce student costs and do not require repayment.

Thanks to the generosity of alumni and friends, fellowship support has increased dramatically over the last decade. Ongoing support for student aid is necessary to ensure that fellowships retain their value over time.

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