The main aim of the BOLD Fellows Fund is to provide financial assistance to students facing socio-economic hardships and further establish Stanford’s commitment to advancing diversity, equity, and inclusion.
The fund is a part of the IDEAL (Inclusion, Diversity, Equity, Access in a Learning environment) initiative that Stanford started in 2018 and began addressing with a strategic plan since 2021.
The students admitted to the Stanford MBA program are only eligible for this fellowship program.
Admitted students need to complete the financial aid application process along with the BOLD Fellows Fund application.
The students who qualify for the need-based financial aid can only apply for this Fellow Program. This Fellowship is offered in addition to the existing Financial Aid.
What definition of Diversity is covered under BOLD?
The Fellow program not only supports diversity in race, color, or region but also depicts diversity in interests and personalities.
For instance, the latest BOLD fellows included candidates from nine industries and thirteen countries.
Amount: $15,000 per year (or $30,000 for two years)
Number of Awards: Varies
Eligibility Criteria: Following are the examples of what factors are included for selecting the BOLD fellows but are not limited to:
• Candidates should be eligible for need-based financial aid (based on parental income and their self-reported income – suggesting hardship to fund the cost of Stanford MBA)
• Candidates should have created opportunities for similar profiles through mentoring, educational initiatives, and their product/services (entrepreneurial)
• The candidate should be providing financial support to their family during or after their MBA Program
• The candidate must be dedicated to advancing inclusion, equity, and diversity
Essays: 2
Deadlines: September, January and April (with the Full-time MBA Application)
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