MBA Scholarship Programs for Hispanic and Latino Americans

In addition to the QS Scholarship Programs, we also seek to include lists of alternative scholarships, such as those below, for your ease of reference:

While there are several MBA scholarship programs aimed at minority groups, there are only a few aimed specifically at Hispanic and Latino Americans. In addition, since school-specific MBA scholarships are difficult to find, you will probably have to apply to several general Hispanic and Latino American scholarship programs as well. Here is a list of some of the best places to start:

National Society of Hispanic MBAs (NSHMBA)

In addition to their scholarship program, the NSHMBA also has a University Partnership Program where the Universities provide funding for "outstanding Hispanics". Awardees are selected based on academic achievement, work experience, financial need, personal statement, community service and NSHMBA Ambassadorship. To qualify, you must be a US citizen with a 3.0 GPA, 2 years of work experience and be enrolled or plan to enroll in an MBA program.

Rising Farmworker Dream Fund Fellowship Program

The Rising Farmworker Dream Fund (RFDF) Fellowship program is a Pre-MBA fellowship fund for those applying to an MBA within the next 12 months. Unlike other scholarship programs what have a formal application process, the Fellowship money is distributed through RFDF's Stock Exchange, an online platform where you fill you a profile and state your financial needs. If you plan to get your MBA at a later date, you may want to consider the MBA Prep Fellowship Fund for those who plan to get their MBA within the next 5 years.

Consortium for Graduate Study in Management

The Consortium for Graduate Study in Management was originally designed for African Americans, but the program is now open to First-Nation Americans as well as Hispanic and Latino Americans. The Consortium offers merit-based full-tuition scholarships at 17 member schools. The consortium recruits at events and through online chats. You can apply to 6 Consortium member schools at once through their common application.

Robert Toigo MBA Fellowship

Like the Consortium for Graduate Study in Management, Toigo scholarships aren't just avaiable to Hispanic and Latino Americans, but to other minority groups as well. What makes the Toigo Foundation unique, however, is that they are the only MBA fellowship program specific to those in finance. The fellowship covers both those in traditional finance (banking, asset management, corporate finance) and those who have taken alternative paths like real-estate development, alternative financing, insitutional investing, consulting, public service and private equity. JD/MBA students are also eligible. In order to qualify, you must be a US citizen applying to or accept into a 2-year MBA program. The Toigo Foundation also offers a Pre-MBA program for young professionals.

Congressional Hispanic Caucus Institute

In addition to graduate programs, the Congressional Hispanic Caucus Institute also covers undergraduate and community college programs. They award of one-time scholarship of $5,000. In order to qualify you must be actively involved in community service. The Congressional Hispanic Caucus Institute also publishes an online PDF guide called Scholarships, Internships and Fellowships for Hispanic and Latino American Students. 

Hispanic Scholarship Fund

Many of these scholarships are offered through corporate sponsors. All of these scholarships are only available to those in full-time programs.

League of Latin American Citizens (LULAC)

LULAC scholarships are co-sponsored by 70 LULAC councils who raise money through grassroots fundraising efforts.