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BusinessMerit-BasedRenewable

National Black MBA Association Scholarship

NBMBAA provides scholarships to African American students pursuing MBA and business graduate degrees, supporting diversity in business leadership.

Award Amount

$5,000–$15,000

per year

Deadline

May 31

application due

GPA Required

3.00

minimum

Field of Study

Business Administration

eligible majors

Eligibility Checker

Enter your information below to check if you meet the basic eligibility criteria for the National Black MBA Association Scholarship.

Requirements Checklist

Track your progress — check off requirements as you complete them.

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Application Tips

1

Highlight business leadership experience

2

Include internship or work experience

3

Join relevant business organizations

4

Network with scholarship alumni

Scholarship Value Calculator

Annual Value

$15,000

per year

4-Year Total Value

$60,000

if renewed each year

Loan Interest Saved

$21,000

at 6.5% over 10 years

Pro tip: Every dollar in scholarship funding saves roughly $1.35 compared to borrowing the same amount through student loans at 6.5% interest over a 10-year repayment period.

Eligibility Details

EligibilityStudents pursuing Business Administration degrees with minimum 3 GPA
DemographicsBusiness students
Field of StudyBusiness Administration
Typemerit based
RenewableYes — renewable annually

Frequently Asked Questions

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