INSEAD has increased its scholarship funds in the last three years, allowing the school to award larger scholarships to more participants. Nearly 100 different types of scholarships are available for both Fontainebleau and Singapore campuses.
In the third part of the INSEAD MBA series, we cover scholarships, loans, and financial aid. Read the first part – INSEAD MBA Total Cost, the second part – INSEAD MBA Curriculum Analysis and the fourth part - INSEAD MBA Essay(Analysis)
What is the fund size of INSEAD Scholarships?
INSEAD has allocated 5.7 million euros in scholarship funds, and the average scholarship amount is € 18.7k, with over 30% of applicants availing scholarships in some form.
Does the admissions team evaluate the application essays for scholarship?
The admission essays do not form part of the scholarship review process. The scholarship essays must be submitted separately.
How many scholarships can an INSEAD MBA candidate apply?
A candidate may apply to a maximum of 5 scholarships, and the application are filled at the interview stage.
Do INSEAD offer scholarships for candidates who are company sponsored?
INSEAD does not offer any scholarships for candidates with company sponsorship as it is viewed as a source of external funding in addition to the loans and financing options.
The three types of scholarships available to students are need-based, non-need-based (awarded based on professional background, nationality, leadership abilities, or any combination of these criteria), and spot scholarships (awarded immediately without the need for applications that is based on exceptional admissions profiles).
INSEAD MBA Need-Based Scholarships
Awarded to students who can show financial need. To provide accurate financial information, applicants must submit several supporting documents.
Merit-Based Scholarships
Awards are given based on academic merit, nationality, gender, professional background, leadership abilities, or any combination of these characteristics. Women, LGBT people, people from developing countries, entrepreneurs, and professionals with non-business backgrounds, such as doctors, attorneys, artists, and researchers, are all eligible to apply.
Spot Scholarships
These scholarships are given to outstanding students on the spot and do not require an application. Successful candidates will be notified of this reward when accepted into the program. Let us now look at the entire scholarship list provided by INSEAD, which includes categories such as Scholarships for Women, scholarships based on Leadership, Social Impact Scholarships, Scholarships for African Students, Merit Scholarships, and Financial Need Scholarships.
INSEAD Scholarships | Criteria | Awards |
|---|---|---|
| INSEAD Abu Dhabi Scholarship for Emirati Nationals | Emirati nationals | Up to full tuition fees |
| INSEAD Africa Leadership Fund | Africans residing in the region | €40,000 |
| INSEAD Africa Scholarship Group | African nationals | From 15 000 EUR up to 40 000 EUR |
| INSEAD Abu Dhabi Scholarship | Emirati Nationals | Up to full tuition fees |
| INSEAD Alcatel-Lucent Endowed Scholarship(s) for Asians | Asian nationals with engineering, high-tech or telecommunications background. Application through the Diversity Scholarship Group. | €25,000 |
| INSEAD Aleph Scholarship | Jewish and Israeli of any religion. | €15,000 to 20,000 |
| INSEAD Alexandre Manson '97J Endowed Scholarship | Socio-economic diversity. Application through the Diversity Scholarship group. | Up to €20,000 |
| INSEAD Alexis & Anne-Marie Habib Endowed Scholarship | Lebanese nationals. Application through the Middle East Scholarship Group | €25,000 |
| INSEAD Alumni Association (IAA) Endowed Scholarship Fund | Diversity with financial need. Application through the Diversity Scholarship group. | Up to €25,000 |
| INSEAD Alumni Fund (IAF) Diversity Scholarship(s) | Need-based with preference to candidates residing in emerging/developing countries. Application through the Diversity Scholarship group. | €10,000 to €18,000 |
| INSEAD Alumni Fund (IAF) Special Profile Scholarship(s) | Diversity (with a difference). Application through the Diversity group. | €10,000 to 25,000 |
| INSEAD Alumni of Switzerland Endowed Scholarship for Swiss Candidates | Swiss nationals | €20,000 |
| INSEAD Alumni of Switzerland Scholarship for Swiss Tech Entrepreneur Candidates | Swiss tech entrepreneurs | €40,000 |
| INSEAD Andreas Lehmann MBA'83J Scholarship | Talented individuals with financial need. Application through the Diversity Scholarship group. | €20,000 |
| INSEAD Andrew Hordern Endowed Scholarship - '91D | Non-traditional backgrounds | €20,000 |
| INSEAD Andy Burgess Endowed Scholarship for Social Entrepreneurship | Social entrepreneurship, open only to December Class. | €12,000 |
| INSEAD Annette and Wolfgang Schaefer Scholarship | Belgian and German nationals. Application through the Diversity group | €15,000 to 30,000 |
| INSEAD Antonio Borges Endowed Scholarship | Outstanding academic achievements and promise. Application through the Diversity scholarship group. | €15,000 |
| INSEAD Beat Siegrist MBA '88D Scholarship | Financial need with an element of merit | €18,000 to 22,000 |
| INSEAD Bechara & Yen Raad (Raad Foundation) Scholarship | Lebanese nationals of merit. Application through the Middle East Scholarship group | €18,000 |
| INSEAD Belgian Alumni and Council Scholarship | Belgians with strong commitment to their country | €10,000 |
| INSEAD Bischoff Family Endowed Scholarship | Southern Africa and/or South-East Asia. Application through the Diversity Scholarship group. | €15,000 |
| INSEAD Blom Family Endowed Scholarship. | Socio-economic diversity. Application through the Diversity scholarship group | €15,000 |
| INSEAD COTE Foundation Endowed Scholarship | Chinese nationals. Application through the Diversity Scholarship group. | €15,000 to 18,000 |
| INSEAD Canadian Endowed Scholarship | Canadian nationals. Application through the Diversity Scholarship group. | €10,000 |
| INSEAD Christina Law MBA ‘91D Endowed Scholarship for Asian Women | Asian Women. Application through the Diversity Scholarship group. | €8,000 to 12,000 |
| INSEAD Christoph Rubeli MBA ‘92D Endowed MBA Scholarship | Meritorious candidates of any nationality. Application through the Diversity Scholarship group | €20,000 to 25,000 |
| INSEAD Class of MBA'65 Scholarship for Diversity | Diversity, financial need. Application through the Diversity Scholarship group. | €20,000 |
| INSEAD Daniel and Yvonne Lalonde Scholarship | Diversity and merit. Application through the Diversity Scholarship group. | €15,000 to 20,000 |
| INSEAD David Suddens MBA '78 Scholarship | African nationals. Application through the Africa Scholarship group. | €20,000 |
| INSEAD Dean Brown Family Endowed Scholarship for Women | Women candidates. Application through the Diversity scholarship group. | €18,000 to 25,000 |
| INSEAD Deepak and Sunita Gupta Endowed Scholarship(s) | Emerging countries and financial need. Application through the Diversity Scholarship group. | Up to €25,000 |
| INSEAD Diversity Scholarship Group | Diversity of backgrounds and financial need | €10,000 to €18,000 |
| INSEAD Diversity and Inclusion Scholarship Group | ROMBA/LGBT community leaders | €18,000 |
| INSEAD Dr. Samih Darwazah Endowed Scholarship | Jordanians and Palestinians. Application through the Diversity Scholarship group. | €15,000 to €25,000 |
| INSEAD Dutch Alumni Scholarship | Socio-economic diversity. Application through the Diversity scholarship group. | Up to €20,000 |
| INSEAD Elof Hansson Endowed Scholarship | Swedish nationals | €15,000 to €25,000 |
| INSEAD Emmanuel Goldstein MBA '00D Endowed scholarship for diversity and inclusion | LGBT community leaders. application through the Diversity and Inclusion Scholarship group. | €18,000 |
| INSEAD Eric Sasson MBA'90D Scholarship | Meritorious candidates of any nationality. Application through the Diversity Scholarship group. | €15,000 to 25,000 |
| INSEAD Esa Hietala Endowed Scholarship | Finnish nationals | Up to €20,000 |
| INSEAD Financial Aid Award | Financially challenged candidates. Application through the Diversity Scholarship group. | €8,000 to 18,000 |
| INSEAD Forté Fellowship | Meritorious women candidates interested in Forté Foundation. Application through the Women's scholarship group. | €10,000 to 20,000 |
| INSEAD French Alumni Endowed Scholarship | French nationals with financial need. Application through the Diversity Scholarship group. | €20,000 to 25,000 |
| INSEAD Greendale Foundation Scholarship | Southern and East Africans. Application through the Africa Scholarship group. | €35,000 |
| INSEAD Groupe Galeries Lafayette Endowed Scholarship for Women | Meritorious women candidates. Application through the Women's Scholarship group. | €15,000 |
| INSEAD Hachemi Family Scholarship | Diversity and financial need. Application through the Diversity Scholarship group | €20,000 |
| INSEAD Helmut Meier Scholarship for Women from Central and Eastern Europe | Women from CEE. Application through the Diversity Scholarship group. | €13,000 |
| INSEAD Henriette and Norbert Albin Endowed MBA Scholarship Fund | Financial need. Application through the Diversity Scholarship group. | Up to €20,000 |
| INSEAD Heuschmidt Scholarship for Diversity | Financial need, socio-economic disadvantage. Application through the Diversity Scholarship group. | €10,000 |
| INSEAD Hinrich Foundation Scholarship | Candidates interested in international trade, open only to July Class. | €30,000 |
| INSEAD Ian Potter '93D and Family Endowed Asia Scholarship | Asians. Application through the Diversity Scholarship group. | €20,000 |
| INSEAD Indeed Endowed Scholarship | Entrepreneurial, creative, un-conventional MBA backgrounds | €25,000 |
| INSEAD Indian Alumni Scholarship | Indian Nationals. Application through the Diversity Scholarship group. | Up to €25,000 |
| INSEAD Indonesian Alumni and Friends Scholarship | Indonesian nationals. Application through the Diversity Scholarship group. | €15,000 to 20,000 |
| INSEAD Italia Endowed Scholarship | Italian and Swiss nationals. Application through the Diversity Scholarship group. | €10,000 |
| INSEAD Jacques Nasser Endowed Leadership Scholarship | Arab countries in the Middle East. Application through the Middle East Scholarship group. | Up to €25,000 |
| INSEAD Jean-François Clin MBA ’76 Scholarship | European nationals. Application through the Diversity Scholarship group. | €20,000 to 25,000 |
| INSEAD Jeremy Golding MBA ‘89J Endowed MBA Scholarship Fund | Diversity and need. Application through the Diversity Scholarship group. | €20,000 |
| INSEAD Judith Connelly Delouvrier Endowed Scholarship | Meritorious women candidates. Application through the Women's scholarship group. | €20,000 to 25,000 |
| INSEAD L'Oréal Scholarship | Creative, innovative, entrepreneurial, positive social and/or environmental impact | €25,000 |
| INSEAD LIFE Foundation Scholarship | Lebanese with interest in finance | US$12,000 |
| INSEAD Lebanon NAA Endowed Scholarship | Lebanese nationals. Application through the Diversity scholarship group. | €15,000 |
| INSEAD Leonidas and Eirini Los Family Award | Greek nationals. Application through the Diversity Scholarship group. | Up to €15,000 |
| INSEAD Leopoldo del Pino MBA’94D Scholarship | Spanish nationals | Up to €30,000 |
| INSEAD Loan Assistance Programme | Careers in social impact after graduation | €5,000 to 10,000 |
| INSEAD Louis Franck Scholarship(s) | UK nationals | Up to €15,000 |
| INSEAD Louis and Evelyn Franck Endowed Award for Excellence | Best academic merit, no application required. | €11,000 |
| INSEAD Luis Freitas de Oliveira '93D Endowed Scholarship for an Open Europe | First or second generation immigrants from non-European countries. Application through the Diversity Scholarship group. | €10,000 |
| INSEAD MBA '03D Endowed Diversity Scholarship | Diversity. Application through the Diversity Scholarship group. | €18,000 |
| INSEAD MBA '70 Special Profile Endowed Scholarship | Diversity. Application through the Diversity Scholarship group. | Up to €15,000 |
| INSEAD MBA '81 Scholarship for Women | Women driving business as a force for good | Up to €50,000 |
| INSEAD MBA '87J Special Profile Endowed Scholarship | Diversity. Application through the Diversity Scholarship group. | €15,000 to 20,000 |
| INSEAD MBA '89D Endowed Scholarship | Diversity. Application through the Diversity Scholarship group. | Up to €10,000 |
| INSEAD MBA '91 June Endowed Scholarship | Emerging markets. Application through the Diversity Scholarship group. | €15,000 to 20,000 |
| INSEAD MBA '93J Endowed Scholarship | Diversity. Application through the Diversity Scholarship group. | €15,000 |
| INSEAD MBA Endowed Scholarship for Mauritius | Mauritian nationals. Application through the Diversity Scholarship group. | €20,000 to 25,000 |
| INSEAD MBA ‘89J Glen Jones Endowed Scholarship | Diversity. Application through the Diversity Scholarship group. | €18,000 |
| INSEAD MBA'68 Scholarship for Women | Women candidates. Application through the Diversity Scholarship group. | €10,000 to 20,000 |
| INSEAD MBA'80 Endowed Scholarship for Europe | Citizens of EU, EEA and Switzerland. Application through the Diversity Scholarship group. | €18,000 |
| INSEAD MBA'97D Endowed Scholarship in Memory of Sarah, Charles and Friso | Diversity. Application through the Diversity Scholarship group. | €18,000 |
| INSEAD MBA’75 Nelson Mandela Endowed Scholarship | Sub-Saharan Africans. Application through the Africa Scholarship group. | Up to €20,000 |
| INSEAD MBA’92J Lynn Busteed Endowed Scholarship | Diversity. Application through the Diversity Scholarship group. | €15,000 |
| INSEAD Machaba Machaba MBA '09D Scholarship | Sub-Saharan Africans. Application through the Africa scholarship group. | €20,000 |
| INSEAD Matthias and Stefania Calice Scholarship | Austrian nationals. Application through the Diversity Scholarship group. | €20,000 |
| INSEAD Michael Salomon’89J Endowed Scholarship | Academic achievements and promise, financial need. Application through the Diversity Scholarship group. | €15,000 |
| INSEAD Michael and Susan Pragnell Endowed Scholarship | Diversity and financial need. Application through the Diversity Scholarship group. | €20,000 |
| INSEAD Michele Pedercini MBA’92J Scholarship for Italian talents | Italian nationals. Application through the Diversity scholarship group. | €15,000 |
| INSEAD Middle East Scholarship Group | Candidates from the Middle East | €10,000 to 25,000 |
| INSEAD Mr. and Mrs. Lo Ling Endowed Scholarship | Asians with the link to the region. Application through the Diversity Scholarship group. | €12,000 |
| INSEAD Norway Scholarship(s) | Norwegian nationals | €10,000 to 13,000 |
| INSEAD Octapharma Scholarship Endowed in Honour of Wolfgang Marguerre | Selected EU countries and Russia. Application through Diversity group. | Up to €20,000 |
| INSEAD Oliver and June Knowles Endowed Scholarship | Admits with background in science. | €15,000 |
| INSEAD Orange Endowed Scholarship(s) for Emerging Markets | Emerging Markets. Application through the Diversity Scholarship Group. | €25,000 |
| INSEAD Padma and Rashmi Shah Social Enterprise Scholarship | Social enterprise. Social Entrepreneurship Scholarship Group | €20,000 |
| INSEAD Piet and Wina Van Waeyenberge Endowed Scholarship | Women candidates with engineering background. Application through the Diversity Scholarship group. | Up to €20,000 |
| INSEAD Qinqin and Xin Zhang Scholarship | Diversity and financial need. Application through the Diversity Scholarship group. | €25,000 |
| INSEAD RSG Foundation Scholarship for Lebanese | Lebanese with financial need. Application through the Middle East Scholarship group. | €25,000 |
| INSEAD Reaching Out LGBT Fellowship | LGBT /ROMBA Foundation community leaders | €18,000 |
| INSEAD Renaud Lagesse '93D Scholarship for Southern and East Africa | Southern and East Africans; Application through the Diversity Scholarship group. | €10,000 |
| INSEAD Robin Hood Scholarship | Financial need. Application through the Diversity Scholarship group. | €15,000 to 20,000 |
| INSEAD Russian Alumni Endowed Scholarship | Russian, Ukrainian, Belorussian nationals. Application through the Diversity Scholarship group. | €20,000 |
| INSEAD Rémy and Verena Best Endowed Scholarship | Meritorious candidates in need. Application through the Diversity Scholarship group. | €40,000 |
| INSEAD Sam Akiwumi Endowed Scholarship - '07D | African nationals. Application through the Africa Scholarship group. | €15,000 to 20,000 |
| INSEAD Sam Barnett MBA '97J Scholarship for Resilience | Candidates who demonstrated resilience and impact. Application through the Diversity Scholarship group. | €20,000 |
| INSEAD Sasakawa Young Leaders Fellowship Fund (Sylff) | Social engagement and social enterprise | €40,000 |
| INSEAD Singapore Scholarship | Singapore citizens and PRs | €18,000 |
| INSEAD Social Impact Award | Internships in social impact for the December Class | €400 up to 3,000 for the duration of the internship. |
| INSEAD Syngenta Endowed Scholarship(s) for Emerging Country Leadership | Emerging countries | €22,500 |
| INSEAD Theo Vermaelen Scholarship | Nationals of Africa and the Middle East. Application through the Middle East or Africa Scholarship group. | Up to €40,000 |
| INSEAD Tomorrow's Leaders Scholarship | Diversity and financial need. Application through the Diversity Scholarship group. | €10,000 to 20,000 |
| INSEAD Witt Scholarship for South East Asia | southeast Asia candidates. Application through the Diversity Scholarship group. | €20,000 to 25,000 |
| INSEAD Women's Scholarship Group | Women | €10,000 to 25,000 |
| INSEAD Basile Antoine Meguerdiche Endowed Scholarship | Lebanese students | 10000 |
| INSEAD Climate Change Scholarship | Students fighting against climate change | 20000 |
| INSEAD Hoffmann Institute Impact Internship Stipend | Students participating in Summer Internship for social impact | €1500/month |
| INSEAD Singapore Scholarship | Singapore citizens | 18000 |
INSEAD MBA External Funding and Loans
Students can investigate a variety of international funding schemes as well as local funding sources in their home country that are known to INSEAD.
GLOBAL INSEAD Loan
Lendwise
All accepted students are eligible to apply for a Lendwise Ltd loan. Lendwise, a specialized loan company based in London, is regulated by the United Kingdom's Financial Conduct Authority (UK). Students enrolled in full-time programs approved for a Lendwise loan will have a grace period during which repayment is not required. The provided interest rate is competitive, fixed for the entire loan term, and determined by the overall application profile. To apply, students must have received an offer of admission to an INSEAD program. The entire application process is conducted online.
Brain Capital
Brain Capital tuition assistance is available to all admitted students. Tuition is entirely repaid based on the student's salary, providing them with the greatest flexibility in their future career and life choices. Students will also receive individual career counseling both before and after graduation. The fund covers their entire tuition and living expenses.
Juno
Juno (previously LeverEdge) is a student loan labor organization. They collaborate with lenders to provide a special rate to US citizens and international students with valid US cosigners. Non-French students accepted to INSEAD who require financial assistance can apply for loans from banks and/or private student lenders such as Juno, a platform based in the United States that allows students to apply for loans in US dollars. Loans for tuition are available but not for living expenses. Juno receives no monetary or in-kind compensation from INSEAD.
Prodigy loan
All admitted students are eligible to apply for the International Loan Program at Prodigy Finance. Prodigy Finance was founded by three INSEAD MBA graduates who knew firsthand the difficulties of funding an international MBA program. In 2007, they set out to address this issue. Their innovative approach provides loans to international postgraduate students at top business schools. Alumni and other investors profit from their community platform, while students gain access to higher education that they would not have been able to afford otherwise.
Edbridg
Edbridg, named one of the most promising student finance options by Forbes magazine in 2020, provides access to education to deserving individuals solely based on their aptitude and merit. They invest in students' future success through innovative Income Share Agreements, which allow them to pursue their intended path while protecting them in an unexpected professional event. In exchange for this investment, students pay a fixed percentage of their earnings for a set period.
Global Scholarships
Sainsbury Management Fellowship
The Sainsbury Management Fellowship helps young engineers earn a Business degree and qualify them to contribute towards the UK economy. The Sainsbury Management Fellowship is open to UK/EU residents who live in the United Kingdom and have a major in engineering.
MBA for Women
The MBA for Women Foundation is a non-profit organization that assists young and ambitious women who wish to pursue an MBA at a prestigious business school.
Global Study Awards
The Global Study Awards recognize studying abroad as a positive life-changing experience for many students, opening their minds to new personal and professional possibilities. It was launched in August 2015 by the ISIC Association, StudyPortals, and the British Council IELTS, with individual awards of up to £10,000 (€12,000).
Educations.com
This scholarship is available to European students pursuing a Master's degree.
CFA Institute University Affiliation Program
INSEAD has been accepted into the CFA Institute University Affiliation Program. The MBA program has been recognized for covering at least 70% of the CFA Program Candidate Body of Knowledge (CBOK) and focusing on the CFA Institute Code of Ethics and Standards of Practice. This program prepares students to earn the Chartered Financial Analyst (CFA) designation, the world's most prestigious and widely recognized investing credential.
Related Service: F1GMAT's INSEAD MBA Application Essay Editing Service
Related Book: F1GMAT’s INSEAD MBA Essay Guide
Reference
INSEAD MBA Analysis
Scholarship/Fellowship Essay Editing - Work with Atul Jose (Founding Consultant and Essay Specialist)