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ScholarshipNeed based

IESE Family Scholarship

IESE Business School

Business AdministrationManagementFinanceEntrepreneurshipInternational Business

Key Statistics

Grant Amount

Varies by year

Location

Deadline

Varies by year

About this Scholarship

The IESE Family Scholarship is designed to support students who demonstrate significant financial need and are pursuing the full-time MBA program at IESE Business School. This scholarship aims to alleviate the financial burden on students who have family responsibilities or limited financial resources, enabling them to focus on their studies and professional development. IESE Business School, located in Barcelona, Spain, is internationally recognized for its rigorous MBA curriculum and strong emphasis on ethical leadership and global business perspectives. The Family Scholarship is part of IESE's broader commitment to fostering diversity and inclusion within its student body by providing financial assistance to those who might otherwise be unable to afford the cost of the MBA program. Applicants are assessed based on their financial situation, and the scholarship amount varies depending on the level of need demonstrated. This scholarship is awarded alongside other financial aid options and is intended to complement other sources of funding. The application process requires submission of detailed financial documentation, and decisions are made by the IESE Financial Aid Committee. Recipients of the IESE Family Scholarship benefit not only from financial support but also from being part of a diverse and supportive community that values family and social responsibility.

Eligibility & Overview

Financial Grant

Partial to full tuition assistance depending on financial need

Scholarship Type

Need based

What's Covered

Tuition fees
Partial living expenses (varies)
Other educational costs (varies)

Description

The IESE Family Scholarship is a financial aid program specifically aimed at MBA candidates who face financial challenges due to family obligations or limited economic resources. IESE Business School recognizes that pursuing an MBA is a significant investment, and for many students with dependents or limited family support, financing their education can be a substantial barrier. This scholarship is intended to reduce that barrier by providing financial support based on demonstrated need. Unlike merit-based scholarships that focus primarily on academic or professional achievements, the Family Scholarship prioritizes applicants' financial circumstances, including family size, dependents, and overall household income. The application process requires candidates to submit comprehensive financial information, including income statements, tax returns, and details of any existing financial aid or loans. The Financial Aid Committee evaluates each application holistically, considering both the applicant's financial need and their potential to contribute to the IESE community. Award amounts vary each year depending on the applicant pool and available funding. Recipients may receive partial or full tuition coverage, and in some cases, assistance with living expenses. The scholarship is renewable based on continued financial need and satisfactory academic progress. IESE Business School encourages applicants to explore this scholarship alongside other funding options such as external scholarships, loans, and employer sponsorships. The Family Scholarship reflects IESE’s commitment to making its MBA program accessible to a diverse range of students, including those balancing family responsibilities with their educational goals.

Key Benefits

Financial assistance tailored to students with family responsibilities or limited financial resources

Partial to full coverage of tuition fees, reducing the overall cost of the MBA program

Potential support for living expenses depending on individual circumstances

Access to IESE’s global alumni network and career services

Opportunity to study at a top-ranked international business school with a focus on ethical leadership

Financing Information

Funding Structure and Application Process for the IESE Family Scholarship

The IESE Family Scholarship is funded directly by IESE Business School as part of its financial aid program. The amount awarded varies each year depending on the total funds available and the number of applicants demonstrating financial need. Applicants must complete the financial aid application process concurrently with their MBA application. This process includes submitting detailed financial documents such as income tax returns, bank statements, and information regarding family dependents. The Financial Aid Committee reviews these documents to assess the applicant’s financial situation comprehensively. Scholarship awards are determined based on the degree of financial need, with the goal of making the MBA program more accessible to students who might otherwise be unable to afford it. The scholarship can cover a portion or the entirety of tuition fees, and in some cases, may include assistance with living expenses. However, the exact coverage depends on individual circumstances and available funding. Recipients are required to maintain satisfactory academic progress and continue to demonstrate financial need for scholarship renewal. IESE encourages applicants to consider the Family Scholarship as part of a broader funding strategy, which may include external scholarships, loans, and employer sponsorships. It is important for applicants to plan their finances carefully and seek advice from IESE’s financial aid office to understand all available options.

Scholarship amount varies annually based on financial need and available funds
Application requires detailed submission of financial documentation
Awards may cover tuition partially or fully, with possible living expense support
Renewal depends on continued financial need and academic performance

Apply for IESE Family Scholarship

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* Disclaimer: Information provided here is subject to change. Applicants are advised to verify all details, including deadlines, eligibility criteria, and scholarship amounts, directly with IESE Business School or the official scholarship awarding body.