The Stanford Africa MBA Fellowship Program pays for tuition and associated fees (approximately US $150,000) for citizens of African countries with financial need who wish to obtain an MBA at Stanford GSB. Stanford will award up to eight Stanford Africa MBA Fellowships annually.

Within two years of graduation from Stanford GSB, Stanford Africa MBA Fellows are required to return to Africa to work for at least two years in a professional role that contributes to the continent’s development.

Requirements:

Stanford Africa MBA Fellows must first be selected as finalists through the fellowship application process.
Stanford will select up to 100 Stanford Africa MBA Fellowship finalists based on:
Merit
Commitment to developing Africa
Financial need

Benefits:

Stanford Africa MBA Fellows receive financial support for the cost of Stanford MBA tuition and associated fees for the two-year course of study.
You may be eligible for additional financial assistance if your level of need exceeds the amount of the fellowship (approximately $150,000 USD). Read more about the cost of attendance.

Application Process:

Apply to the Stanford Africa MBA Fellowship Program(15 June 2016)
You will be asked to provide:
Educational history

Official transcripts are not considered at this stage. Finalists will be required to submit an unofficial copy of your transcripts in the MBA Application and will submit official copies upon admission to the MBA Program.
You may also submit the Graduate Management Admission Test (GMAT) and/or the Graduate Record Examination (GRE), if available. These are optional at the fellowship application stage. If you are selected as a finalist, you’ll be required to take one of these exams as part of your application to the Stanford MBA Program.

Awards and honors (academic, professional, or personal)
Employment history

Letters of recommendation are not considered at this stage. Finalists will be required to submit two Letters of Recommendation in the MBA Application.

One-page resume or curriculum vitae (CV)
250-word essay addressing how you plan to make an impact in Africa
Individual financial information
2. Finalists notified (7 July 2016)

Up to 100 finalists will be selected for the Stanford Africa MBA Fellowship.
3. Finalists apply to Stanford MBA Program
(Round 1, September 2016 or Round 2, January 2017)

Stanford Africa MBA Fellowship finalists must apply to the Stanford MBA Program in either round one or round two to be eligible for the fellowship. However, we strongly encourage you to apply in round one. Over the last few years, the number of applications we receive in round two has increased, making it more competitive. Submitting in round one also gives you more time to prepare and plan for the program, including completing the visa application process.

Stanford Africa MBA Fellowship finalists must submit the Stanford MBA Program application, including GMAT or GRE scores, and if applicable, one of the English language tests (IELTS, PTE, or TOEFL). Finalists may request up to one voucher to cover the cost of either the GMAT or GRE test. The MBA application fee will be waived for finalists.
4. Receive an offer of admission
(December 2016 or March 2017)

Stanford GSB will select up to eight Stanford Africa MBA Fellows each year from among the finalists.
5. Enroll in two-year Stanford MBA Program
(September 2017)
6. Successfully complete the two-year Stanford MBA Program
(June 2019)
7. Within two years of graduation from the Stanford MBA Program, return to Africa
(June 2021)

Work in Africa – in a business, government, or non-profit organization – for at least two consecutive years.

Timeline:

25 April – 15 June 2016: Stanford Africa Fellowship Program application available online
15 June 2016 5:00pm Pacific Time) Stanford Africa Fellowship Program application submission deadline
7 July 2016 Stanford Africa Fellowship Program finalists notified
By September 2016 (If applying in Round 1) or by January 2017 (If applying in Round 2) Stanford Africa Fellowship Program finalists prepare and submit Stanford MBA application
December 2016 (Round 1) March 2017 (Round 2) Stanford releases admission decisions, including those for Stanford Africa Fellows
September 2017 Stanford Africa Fellows matriculate in Stanford MBA Program



https://www.gsb.stanford.edu/programs/mba/financial-aid/international-students/stanford-africa-mba-fellowship