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scholarships

Need-based Scholarship

scholarship description

Need-based Scholarships are awarded solely based on the applicant’s financial needs according to specific income brackets. The application process for this scholarship requires submission of the student’s proof of income. The Need-based scholarship awarded will only cover tuition costs and not any administrative or application costs. Please note that awards are offered on a first come first served basis and are subject to the availability of funds for the current academic year. Additionally, Need-based Aid cannot be applied in addition to any other corporate or group discounts or any other Scholarships offered by Agora School of Business.

The current total tuition for the Master of Business Administration program is $6000.

Definition

Household Income: The combined income of the student and his/her spouse.

Types of Aid

  1. Grants which do not need to be repaid.
  2. Work-study: part-time employment opportunities of a financial value equivalent to the awarded scholarship amount.

how to apply

Complete the financial aid application (embedded in the admission application form), fill all the sections, and upload all the required documents. Missing information or documents is not accepted and will be deemed incomplete.

Eligibility

To be eligible and continue receiving our need-based scholarship, you are required:

  • To be a full-time MBA student.
  • Not to be on academic probation.
  • Maintain a minimum cumulative grade of B.
  • To submit the last 3-months payment slip/ HR letter stating your and your spouse’s monthly salary and all other variables (bonus, profit share and similar).
  • To submit the last 3-months household combined bank statements.
  • To demonstrate financial need by providing any of the following or similar supporting documents:
    • Expenses like rental contract
    • Loans or instalment statements
    • Retired parents and official pension letters

Need-Based Aid Income Qualification Brackets

  • For a household income of $15,000/year or less, the need-based aid package is a 20% scholarship on tuition.
  • For a household income of $14,000/year or less, the need-based aid package is a 25% scholarship on tuition.
  • For a household income of $13,000/year or less, the need-based aid package is a 30% scholarship on tuition.
  • For a household income of $12,000/year or less, the need-based aid package is a 35% scholarship on tuition.
  • For a household income of $11,000/year or less, the need-based aid package is a 40% scholarship on tuition.
  • For a household income of $10,000/year or less, the need-based aid package is a 45% scholarship on tuition.
  • For a household income of $9,000/year or less, the need-based aid package is a 50% scholarship on tuition.
  • For a household income of $8,000/year or less, the need-based aid package is a 55% scholarship on tuition.
  • For a household income of $7,000/year or less, the need-based aid package is a 60% scholarship on tuition.
  • For a household income of $6,000/year or less, the need-based aid package is a 65% scholarship on tuition.
  • For a household income of $5,000/year or less, the need-based aid package is a 70% scholarship on tuition.
  • For a household income of $4,000/year or less, the need-based aid package is a 75% scholarship on tuition.
  • For a household income of $3,000/year or less, the need-based aid package is an 80% scholarship on tuition.
  • For a household income of $2,000/year or less, the need-based aid package is an 85% scholarship on tuition.

Special Circumstances

Sometimes, financial situations change after aid has been awarded. If this is the case, students may appeal to the Director of Admissions for a re-evaluation of their aid package. There are no guarantees that additional aid may be available at the time of the re-evaluation.

Need-based Scholarship

Need based scholarship is based on the applicants’ financial situation – Persons with a verified disability and/or financial need.

How to apply:

  • Complete the financial aid application (embedded in the admission application form), fill all the sections, and upload all the required documents. Missing information or documents is not accepted and will be deemed incomplete.

Eligibility:

To be eligible for our need-based scholarship, you are required:

  • To be a full-time MBA student
  • Not to be on probation and maintain a minimum cumulative grade of B.
  • To submit the last 3-month payment slip/ HR letter stating your monthly salary and all other variables (bonus, profit share and similar)
  • To demonstrate financial need by providing any of the following or similar supporting documents:
    1. Expenses like rental contract
    2. Loans or instalment statements
    3. Retired parents and official pension letters
    4. Medical reports

For Scholarships offered in partnership with Gemini Africa, please contact Gemini Africa for more information and the application procedure.

Social impact Scholarship Program in partnership with Gemini Africa

Central to Agora School of Business is our commitment to creating a platform for students to learn how businesses can create socioeconomic and environmental impact that elevates communities and serves the needs of society. The Social Impact Program (SIP) is designed to equip our students with the business tools, industry collaboration, and mentorship to advance their ideas and projects into sustainable success and growth.

SCHOLARSHIP AND MENTORSHIP

  • As part of our commitment to enabling our students to do good and to do good well, ASB is granting qualified students a full or partial tuition scholarship for the ASB MBA program.
  • Along with the scholarship, students enrolled into the program will be granted the opportunity to meet with faculty and industry partners to be mentored through SIP’s Social Innovation Practicum, where students immerse themselves in a social issue of common concern and develop a business model in response.

Eligibility:

  • Qualifying candidates must apply for the ASB Social Impact Program prior to their enrolment as MBA students.
  • Candidates must showcase their commitment to social impact as part of their application submission to the program or be members of initiatives or projects already making a positive impact to their societies.

Requirements:

To be eligible for our SIP scholarship, you are required:

  • To be a full-time MBA student
  • Not to be on probation and maintain a minimum cumulative grade of B.
  • To submit the last 3-month payment slip/ HR letter stating your monthly salary and all other variables (bonus, profit share and similar)
  • To hold a bachelor’s degree
  • To submit an official transcript with a minimum GPA of 3.5 or higher
  • To have shown incredible extracurricular activities
  • Submit a project idea that serves the socio-economical and environmental domain in Egypt

For Scholarships offered in partnership with Gemini Africa, please contact Gemini Africa for more information and the application procedure.

Merit-based scholarship

This is a form of financial assistance that is given based on the candidates’ skills and academic accomplishments.

How to apply:

  • Complete the application (embedded in the admission application form), fill all the sections, and upload all the required documents. Missing information or documents is not accepted and will be deemed incomplete.

Eligibility: 

To be eligible for our Merit-based scholarship, you are required:

  • To be a full-time MBA student
  • Not to be on probation and maintain a minimum cumulative grade of B.
  • To submit the last 3-month payment slip/ HR letter stating your monthly salary and all other variables (bonus, profit share and similar)
  • To hold a bachelor’s degree
  • To submit an official transcript with a minimum GPA of 3.5 or higher
  • To have shown incredible extracurricular activities

For Scholarships offered in partnership with Gemini Africa, please contact Gemini Africa for more information and the application procedure.