HEC Paris Scholarships for Indian Students

HEC Paris Scholarships and Financial aid are based on merit-based for international students. Indian Students are eligible for various scholarships at HEC Paris for the MBA program.HEC Paris is also in the top universities for MBA programs in the world mainly because it has been named the best business school in the world for an executive MBA in the QS Global EMBA Rankings 2021. Top MBA caught up with Andrea Masini, Associate Dean for HEC Paris’ Executive MBA, to learn about the importance of EMBA programs today and what makes the school a top provider of executive education. Below are some basic scholarships the university provides for Indian students:

• HEC Foundation Excellence Scholarships

• Laidlaw Scholarships program
• ARD/HEC Paris Scholarship program
• FORTE FOUNDATION SCHOLARSHIP FOR WOMEN CANDIDATES
• Instead Loreal’s Scholarship

These programs aim to include everyone, making sure money doesn’t stop talented students from coming to HEC Paris. However, entitlement grants further contribute to the university's goals and ensure that economic barriers should not hinder students from experiencing the academic excellence HEC Paris has to offer. However, the requirements and the cut-off for the scholarships vary depending on the course such as MBA or MIM, and the scholarship applied by the students.

HEC Paris Scholarships for International Students

All international applicants admitted into the HEC Paris MBA can apply for their scholarships. The HEC Paris can offer over EUR 1,000,000 in aid every year. The HEC foundation gives the money and indirectly provides scholarships for students. However, scholarships amount in various amounts, and the university's scholarship committee decides the amount of aid awarded to the students. The committee considers various things, such as Essays, GMAT, Personal Work History, and the final result and performance on the HEC Paris interview round. 

HEC Paris Scholarships for MBA 

The HEC Paris scholarship helps students to get various scholarships. The below table provides a clear picture of eligibility criteria, allocated amounts, and successful grants, simplifying the information for applicants seeking financial assistance for graduate courses. Check out the table: 

Name of the Scholarships	Amount Disbursed & Application Deadline	Eligibility	Amount granded
HEC Foundation Excellence Scholarships	50 percent of the tuition fees. If the applicant is admitted to the program they will automatically will be considered.	GMAT Score. Candidates who are sponsored by gov or company are not eligible.	50 percent of the tuition fees.
HEC Foundation Excellence Scholarship MIM	NA	GMAT/GRE/TAGE-MAGE performance	Can be deducted in tuition fees
LaidLaw Scholarships program	Applicants can get a full tuition scholarship (100%).   If the applicant is admitted to the program they will automatically will be considered.	Laidlaw scholarships are exceptional women candidates. Women with strong leadership are considered. Applicants must also submit essays as mentioned below: 1. Describe what becoming a Laidlaw Scholar would mean to you (200 words)   2. As a future Laidlaw Scholar, how will you contribute to helping develop a new generation of leaders? (200 words)  3. Please provide a statement on the nature of your financial need. (200 words)	Applicants can get a full tuition scholarship (100%).
Instead Loreal’s Scholarship	If the applicant is admitted to the program they will automatically will be considered.	International students who demonstrate a capacity for creativity, and innovation through diversity and entrepreneurial activity.   Applicants short-listed for an award will have a phone/Skype interview with the L’Oreal representative.	Eur 25,000  (INR 21, 94, 250)
PARIS SACLAY INNOVATION CLUSTER SCHOLARSHIP	If the applicant is admitted to the program they will automatically will be considered.	Only admitted candidates who are Alumni from Paris Saclay universities and Grandes Ecoles or employees working physically on the site of the ‘plateau de Saclay’ can apply to this scholarship.	Up to EUR 16,000

HEC Paris Student Loans for International Students

The HEC Paris has 2 main loans for Indian students, the Credila Indian Student loan program and the State Bank of Indian loan program.  Check out the below details of both the loans for Indian students:

1. Credila Indian Students Loan program through GEMS:

• Loan Amount: The loan amount is not specified, providing flexibility based on the individual needs.
• Purpose: Tailored for only Indian students pursuing education abroad, covering various expenses related to studies.
• Co-signer: Requires an Indian citizen as a co-signer, enhancing the accessibility for students and families. 
• Repayment: Loans can conveniently be repaid in Indian rupees to an Indian bank, simplifying the repayment process. 
• More Info: Check their official website for know detailed information. 

2. State Bank of India

STATE BANK OF INDIA allows students to finance the cost of their education with student loans, which typically carry low-interest rates and can be paid back following graduation.  

HEC Paris Scholarships Application Process

The students who are eligible for MBA scholarships will automatically be considered while applying for the HEC Paris admission process for an admission scholarship while they apply to the university. Most of the scholarships cannot cover all the costs for the students while they attend HEC Paris.  

HEC Paris External Scholarships for International Students

Students applying to HEC Paris are also eligible for some external scholarships offered by various private entities.

• K.C. Mahindra Scholarships For Post-Graduate Studies Abroad
• Unimoni Student Stars 2023
• JN Tata Endowment Loan Scholarship
• Young Woman in Public affair Awards