All incoming students to Harvard Business School are offered a fellowship that covers tuition, health fees, and a living stipend. For the 2012-2013 year, that’s $38,700. For now, it’s expected that this will continue for no more than five years, and like all financial aid, the benefits are reliant upon a student’s good academic progress.
It’s an impressive thing to consider in the US, that a Business school would offer for students to be able to attend for free. Though in many other countries like Finland and Brazil free college is the norm, in the US , MBAs typically must be paid for at the expense of the student, or some other form of financing. There are numerous for-profit colleges too in the US, which some say the existence of is a poor reflection on the state of our education system.
With the rising tuition costs and the inescapability of increasing student loans, some level of free education would be nice to see in more places. If you’ve ever considered a career in business, perhaps Harvard would be the right direction to head in.