Stanford Business School is recognized as the leading MBA college by QS world Rankings 2021 for MBA programs. MBA at Stanford Business School costs around INR 55.64 lakh, which can be expensive for Indian students. This is when Stanford Reliance Fellowships for Indian students come into action.
In the year 2008, Stanford Reliance Dhirubhai Fellowship started under the flagship of Reliance Industries for meritorious but economically weaker Indian students. The scholarship program is applicable only for MBA programs at Stanford Business School for 2 years. There are 3 scholarships available every academic year.
Stanford Reliance Dhirubhai Fellowship offers INR 70.9 lakh annually and can be renewed for 2 years during the MBA program. It is a complete merit-based scholarship where only meritorious students with outstanding academic records get the chance to avail the financial grant. The funds can be used by the students for paying tuition fees, living costs, and health insurance. The fellowship covers almost 80% of the tuition fee of the MBA program.
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Stanford Business School is recognized as the leading MBA college by QS world Rankings 2021 for MBA programs. MBA at Stanford Business School costs around INR 55.64 lakh, which can be expensive for Indian students. This is when Stanford Reliance Fellowships for Indian students come into action.
In the year 2008, Stanford Reliance Dhirubhai Fellowship started under the flagship of Reliance Industries for meritorious but economically weaker Indian students. The scholarship program is applicable only for MBA programs at Stanford Business School for 2 years. There are 3 scholarships available every academic year.
Stanford Reliance Dhirubhai Fellowship offers INR 70.9 lakh annually and can be renewed for 2 years during the MBA program. It is a complete merit-based scholarship where only meritorious students with outstanding academic records get the chance to avail the financial grant. The funds can be used by the students for paying tuition fees, living costs, and health insurance. The fellowship covers almost 80% of the tuition fee of the MBA program.
Documents for Stanford Reliance Dhirubhai Fellowships for Indian students
Applicants should prepare for the document before applying for the fellowship program. Stanford University scholarship program runs a background verification confirming the information stated in the application form with all the supporting documents. Students need to submit original scanned copies of the required list of documents at the time of submitting the online application form online. Here’s the list of documents you need to apply with:
- Academic transcripts and records are compulsory documents. Students need to submit all the academic awards, transcripts, and certificates till graduation.
- Citizenship proof and proof of permanent residence in India. Students proving their Indian citizenship are only allowed to apply for the scholarship program.
- Minimum two letters of recommendation are essential to submit along with the application form. The letters can be from past faculties that have closely evaluated the students’ academics.
- Statement of purpose or personal essay statement is an important criterion and formal document. In this document, students need to mention their goals and purpose for completing an MBA from Stanford University. Also, they should mention why they are the best fit for the scholarship program.
- Copy of updated resume or curriculum vitae with latest qualification, experience, achievements, and soft skills. A resume is a vital piece of document; it should be updated with personal and professional experience.
- Financial documents that will prove that you can manage the cost of living and study during the two years of the program.
- Passport size recent photographs.
- Medical reports to prove that the applicants are medically fit to travel and study in a different country.
How can you apply?
The application process of the Stanford Reliance Dhirubhai Fellowship is completely online. Students need to make sure that they apply for the scholarship and MBA program separately.
Here’s a complete guide for applying to the scholarship program:
- It is important to confirm that you are applying for the scholarship before applying for the MBA program.
- Visit the official website of Stanford University. Visit the scholarship section.
- Gather all your documents. It is important to gather all your required list of documents and prepare a personal essay of 250 words about why you are a good fit for the scholarship.
- Fill up the online application form. Do not leave any space blank. Make sure you fill in all the details that match with the supporting documents.
- Submit the documents before the application deadline and then wait for the notification further.
Also Read:- Erasmus Mundus Scholarship: Requirements, Benefits and How to Apply
Important dates and deadlines
Applicants need to submit the application for Stanford Reliance Dhirubhai Fellowships for Indian students one month before the deadline and wait until notified further. Important dates and deadlines are updated on the official website of Stanford Business School university under the section of scholarships. Datesheet for the year September 2022 has not been updated or released. Applicants can expect the dates three months before the application deadline.
However, applicants need to know that the fellowship application is independent of the Stanford MBA program. Do not confuse the application deadline of fellowship application with MBA program application. The dates and application deadlines are different.
Selection criteria
There are only three scholarships available every academic year. The scholarship rate of acceptance is only 5.4%. It makes the admission rate very competitive. The selection criteria and process are very rigid for the deserving candidates. It is offered only to those Indian students who are capable of being awarded an MBA degree from a university like Stanford Business School. The scholarship is based on merit and given to Indian students who belong to an economically challenged background. The selection criteria are completely based on two factors, merit and financial need of the students.
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Conclusion
Stanford University is among the globally ranked top 10 universities for MBA programs, according to QS rankings 2021. It is a lifetime opportunity for Indian students to get a chance to study at Stanford University with the assistance of the Stanford Reliance Dhirubhai Fellowship. Only outstanding students with academic excellence from an economically weaker background are eligible for the scholarship.
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