The University of Virginia Darden School of Business now offers a new Indonesia Endowed Fellowship Fund for full-time MBA and Executive MBA applicants. The fellowship is a full scholarship to Darden that covers the total cost of attendance for academically qualified Indonesian students who prove a need for financial support.
The scholarship was made possible thanks to a generous gift from the Jakarta-based Rainbow Foundation. The Rainbow Foundation is a charity that helps needy children around the world. Its goal with the new fellowship is to create increased access for Indonesian students to benefit from the Darden experience—as well as to increase the global focus of the curriculum while improving the quality of MBA and EMBA students.
In a recent press release, Darden Dean Scott Beardsley spoke about the scholarship. “In a world of astonishing complexity and rapid change, Darden develops global leaders from an inspiring premise: Business combined with purpose will improve the world,” he said. “We are incredibly grateful to the Rainbow Foundation for its generosity inspiring the next generation of leaders from Indonesia to pursue their purpose.”
Students selected to receive the full scholarship can attend either Darden’s full-time MBA program or the Executive MBA program. They also have an option of taking the Global Executive MBA format. In any case, the Indonesia Fellowship will cover the cost of Darden tuition and fees, course materials, health insurance, computer, living, and travel expenses.
To be eligible, students must be Indonesian nationals and qualify academically. They also must show a proven need for financial support. All Indonesian applicants will automatically be considered for the scholarship as they apply to one of the Darden MBA programs.
“This is an incredibly generous offer for talented students from Indonesia,” Executive Director of Admissions and Financial Aid Dawna Clarke said in a statement. “The level of funding the fellowship provides exceeds that provided by other scholarships in the market, and it gives deserving students the opportunity to study at one of the world’s top business schools.”