Distance learning MBA programs are often connected to wider institutions that offer other degree programs, and as such have established funds for student scholarships. The most common scholarships are related to academic merit, years of work experience or background. To apply for an institutional scholarship, students must meet the criteria and, most important, the deadline. Getting a scholarship application in after the deadline may mean no funding, so find out early what options are available.
The NBMBAA awards several scholarships between $1,000 and $15,000 to MBA students who show excellence in communication, a strong commitment to the community and proven leadership skills. To be eligible, students must be enrolled full-time in an accredited program in either the U.S. or Canada.
The Ethel Louise Armstrong Foundation aims to increase the number of physically disabled women in higher education. They provide scholarships to women pursuing master's degrees from accredited institutions in the U.S. Scholarship amounts vary and are open to all physically disabled women, regardless of citizenship, who are attending full- or part-time graduate programs in the U.S.
QS Top MBA awards $1.6 million each year in scholarship money to students enrolled in distance learning MBA programs. They have both partnerships with particular institutions and open scholarships to which anyone can apply. In addition to the criteria for each scholarship, students must attend one session of either the QS World MBA Tour or QS World Grad School Tour and complete a survey.
Many of the scholarships available to students studying at traditional on-campus programs are available to those seeking online degrees. Contact scholarship organizers to ensure that distance learning programs are covered before applying. Additionally, certain states offer scholarships to residents attending graduate programs, so check locally to find out what's available. There are thousands of options available to students, and that number is growing as distance learning increases in popularity and programs.