Hult Merit Scholarship

The Hult International Business School Merit Scholarship and Financial Aid program offers a range of competitive funding options to recognize global talent, practical drive, and diverse backgrounds for incoming undergraduate students across its global campuses (Boston, London, and Dubai).

• Standard Merit-Based Scholarships: Automatically evaluates all undergraduate applicants (first-year, transfer, or international) for merit awards worth up to 35,000 USD per year.

• Presidential Scholarship: One of Hult's highest honors, awarded to students demonstrating an exceptional profile who embody the core "Hult DNA" - curiosity, leadership, adaptability, and a global mindset.

• Hult Scholar Grant: A highly competitive, full-tuition grant aimed at providing full scholarship funding to up to 10% of each incoming undergraduate class for high achievers with significant financial need.

• Social Impact Scholarship: Designed for students who have managed projects, volunteered, or interned at non-governmental organizations (NGOs), charities, or social startups benefiting society.

• Entrepreneurial Impact Scholarship: Targeted at candidates who think and act with an entrepreneurial spirit and have demonstrated leadership or vital involvement in a startup or creative project.

• Global Professional Scholarship: Awarded to aspiring business leaders who demonstrate professional exposure or structural insight into large global corporations and the international business environment.

• Academic Excellence Scholarship: Tailored specifically for candidates who have heavily excelled in their secondary education studies and achieved an outstanding cumulative GPA.

• Growth Mindset Scholarship: Recognizes applicants who exhibit personal development, resilience, and tenacity when overcoming significant personal or academic challenges.

• Hult Sibling and Next Generation Scholarship: Family grants designed for students who have siblings currently enrolled/graduated from Hult, or who are the children of Hult alumni.

• Need-Based Financial Aid: Institutional aid packages offered alongside merit awards to provide financial assistance to qualified families with proven economic need.

Maximum Award per Student

• Hult Scholar Grant Recipients: Covers 100% of the full tuition and new student fees for the entire duration of the Bachelor of Business Administration (BBA) program.

• Standard Merit Brackets: Awards around 10,000 AED ($5,000 USD) per academic year. Over a four-year undergraduate program, this totals 40,000 AED ($20,000 USD).

Duration of the Award

• Multi-Year Renewal: Merit awards and financial aid are renewed annually across the full duration of the undergraduate program.

• Retention Penalties: Renewal is strictly contingent on full-time student status, remaining in continuous good standing, and avoiding academic probation or honor code violations.

• Reduction Rule: If a student is placed on academic probation or incurs an Honor Code Violation (HCV), the merit-based scholarship can be systematically reduced, suspended or revoked depending on the severity of the academic and disciplinary issue.

Type of Expense Covered

Application Process

• Automatic Consideration (Standard Merit): Every undergraduate applicant is automatically screened for general merit-based scholarships during the admissions process; no separate application form is needed, and results are shared at the time of admission.

• Category Essay Submission: To lock down a specific sub-category award (e.g., Social Impact, Entrepreneurial, Growth Mindset), applicants must write a short, dedicated essay (typically up to 300 words) answering tailored situational questions within their online application portal.

• Hult Scholar Grant Application: Requires a separate independent framework consisting of nomination by a high school counselor, submission of a specialized essay, a letter of recommendation, and a declaration of finance. Finalists undergo competitive panel interviews.

Eligibility & Document Requirements

• Confirmation Deadline: To claim an awarded scholarship, students must formally confirm their enrollment place and submit their deposit no later than 1st May. Unclaimed funds are released back into the general pool.

• Essay Context: Specialized essays must clearly present proof of professional, academic, or social impact matching the designated category. For the Growth Mindset award, essays must specify a concrete challenge overcome using a resilient mindset.

• Financial Aid Portfolio: For need-based financial aid consideration, families must prove clear economic necessity by filing either the FAFSA, CSS Profile, or Hult’s internal "Declaration of Finance" form.

• Hult Scholar Grant Threshold: Requires exceptional high school accomplishments (historical applicant average GPA sits 3.43) alongside school nomination and proven financial constraints.

Global Campus Rotation: Undergraduate students retain their institutional funding even when choosing to rotate dynamically between physical home campuses in Boston, London, or Dubai.

External Funding Cap: External scholarships, local employer contributions, or independent government grants may cause Hult to reduce or adjust the value of institutional awards to maintain standard policy compliance.

Hult Scholar Grant Deadlines: The strict annual timeline for the full-tuition Hult Scholar Grant requires all supplementary application materials to be uploaded before the absolute hard deadline, typically occurring in late January.

Tax Obligations: Students are advised that institutional scholarship funds may carry individual tax reporting implications under respective federal, state, or international laws depending on home country residency status.