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.
0/4 completeApplication Tips
Highlight business leadership experience
Include internship or work experience
Join relevant business organizations
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
| Eligibility | Students pursuing Business Administration degrees with minimum 3 GPA |
| Demographics | Business students |
| Field of Study | Business Administration |
| Type | merit based |
| Renewable | Yes — renewable annually |
Frequently Asked Questions
What is the National Black MBA Association Scholarship worth?
The National Black MBA Association Scholarship provides $5,000 to $15,000 per year. It is renewable, meaning you can receive it for up to 4 years of study, totaling up to $60,000.
What GPA do I need for the National Black MBA Association Scholarship?
You need a minimum GPA of 3.00 to be eligible for the National Black MBA Association Scholarship. Maintaining or exceeding this GPA is typically required for renewal.
When is the National Black MBA Association Scholarship deadline?
The application deadline for the National Black MBA Association Scholarship is May 31. We recommend starting your application at least one month before the deadline to ensure all materials are complete and submitted on time.
Who is eligible for the National Black MBA Association Scholarship?
Students pursuing Business Administration degrees with minimum 3 GPA. The scholarship is categorized under Business and is available to business students.
Is the National Black MBA Association Scholarship renewable?
Yes, the National Black MBA Association Scholarship is renewable. You can receive it each year as long as you continue to meet the eligibility requirements, including maintaining the required GPA and enrollment status.
How do I apply for the National Black MBA Association Scholarship?
To apply for the National Black MBA Association Scholarship, you will need to meet the eligibility requirements and submit the required application materials, which typically include: Minimum 3 GPA, Pursuing Business Administration degree, Resume or CV, Essay or personal statement. Visit the official application portal for complete instructions.
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Methodology & Scholarship Data Sources
How we compile National Black MBA Association Scholarship scholarship data: Our scholarship database integrates official data from federal financial aid sources, higher education research, and direct program documentation. Scholarship terms, amounts, and deadlines are verified against official program websites.
- Scholarship award data verified against official program documentation and Federal Student Aid scholarship guidance.
- Eligibility requirements cross-referenced with NCES Digest of Education Statistics for GPA distributions and enrollment data by institution type.
- Financial need assessment methodology aligned with Federal Student Aid aid calculation (SAI under FAFSA Simplification Act 2024).
- Award maximization strategy based on College Scorecard data on average institutional grant aid and net price by family income bracket.
- Tax implications of scholarship awards referenced from IRS Tax Topic 421 — Scholarships, Fellowship Grants and Other Education Grants.
Authoritative scholarship and financial aid sources:
- Federal Student Aid (StudentAid.gov) — official FAFSA, grants, and loan information
- College Scorecard (US Dept of Education) — net price and aid data by institution
- IPEDS — Integrated Postsecondary Education Data — institutional financial aid statistics
- IRS Topic 421 — Scholarship Tax Rules — taxability of scholarship awards
- Federal Student Aid — Scholarship Resources — avoiding scholarship scams
- NCES Digest of Education Statistics — enrollment and aid distribution data
Scholarship Disclaimer: Scholarship terms, amounts, deadlines, and eligibility requirements change annually. Always verify current program details directly with the awarding organization before applying. Award amounts shown reflect typical annual figures; actual awards may vary. This tool is for informational purposes only and does not guarantee scholarship eligibility or award.
Reviewed by Brazora Monk · Last updated 2026 · Verified against official program sources and Federal Student Aid data
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