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    Home»Education»No savings, No loan? Here’s how to get cost-free higher education in an Ivy League college in the US – Economic Times
    Education

    No savings, No loan? Here’s how to get cost-free higher education in an Ivy League college in the US – Economic Times

    The Updates WorldBy The Updates WorldJanuary 12, 2023No Comments3 Mins Read
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    The total cost of attendance or the total estimated annual expense of a single MBA student at Harvard Business School is $1,12,764 for FY 2022-23.
    Many deserving students get financial support to cover the maximum part of this fee which includes Need Based Aid, Complimentary Fellowship and assistance from Career Support & Exploration Fund.
    HBS offers need-based scholarships to both domestic and international students. HBS Scholarships are gifts that do not need to be paid back. At Harvard, around 800–900 students or typically around 50% of HBS students receive need-based scholarships. The average scholarship is approximately $40,000 per year, or $80,000 total.
    HBS has several Career Support & Exploration funds that students may apply for upon graduating from the MBA program. These funds include loan forgiveness programs as well as fellowships that support your salary after graduation.
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