12 Top MBA Scholarships For Minorities In The USA

Latinx MBA Scholarships

3. Prospanica Scholarship

Amount: $5,000

Students of Hispanic or Latino descent can apply for a number of scholarships available on the Prospanica Scholarship Program, offering funding at a maximum of $5,000. Applicants must have a minimum GPA of 3.0, or 2.75 if they also have sufficient work experience.

4. Association of Latino Professionals For America (ALPFA) Scholarship

Amount: $1,250 – $10,000 (Merit-based)

Students of Latino descent can apply to the needs-based ALPFA Scholarship if they have a GPA of 2.5 or higher. The scholarship has helped minority students secure roles with world-renowned companies like Goldman Sachs and PWC. To apply, students must answer the question: ‘Why are you deserving of an ALPFA scholarship?’

5. LunaCap Foundation

Amount: $10,000

Paul Capon founded the LunaCap Foundation MBA scholarship for Mexican and Veteran MBA candidates. Adopted by an American family at three months old, he was able to pursue an education, join the US Air Force, and obtain his MBA. He wants to take the cost of the MBA out of the equation for the most deserving students and help them pursue a career from a top MBA program.

©LunaCap Foundation/Facebook

Native American MBA Scholarships

6. American Indian College Fund Scholarships

Amount: $2,000 – $3,000

The American Indian College Fund is available to any Native American US citizen who is a member or descendant of a recognized tribe. The fund is not business school-specific, but is available to students attending higher education. MBA students can apply for the fund provided they can prove their tribal heritage and have a GPA of 2.0 or more.

7. Native Forward Scholarships Fund

Amount: $1,000 – $5,000 per academic year

Full-time postgraduate students who can provide a Tribal Eligibility Certificate are eligible for one of the 30 scholarships and fellowships offered to Native American students by the Native Forward Scholarship Fund, formerly known as the American Indian Graduate Centre. Over the last 50 years, the organization has worked alongside Tribes, education institutions, corporations, and individuals to provide funding to promising Native Americans. 

The Wells Fargo American Indian Scholarship is of particular interest for MBAs as it funds students “pursuing a career in fields relating to banking, resort management, gaming operations, management and administration, including accounting, finance, information technology, and human resources”.

©Native Forward Scholarship Fund/Facebook