HEC Paris Scholarships

The final decision of these scholarships is based on academic excellence, the overall strength of the application, the performance during the interview, and the candidate’s GMAT/GRE/TAGE-MAGE performance. All scholarships are awarded in a form of tuition fees reduction.

HEC Foundation Excellence Scholarship

HEC Foundation Excellence Scholarships have been made possible thanks to the considerable support from the community of alumni and businesses related to the HEC Paris Foundation.  

Eligibility:  All candidates with a non-French diploma (Bachelor’s or Master’s Degree).  

Programs: All programs.

Application process: No application or additional documentation required. All admitted students will be considered automatically.

Results: Scholarship decisions are announced by email within 1 week after the publication of the admission results.

Amount: Up to 15.000 euros.

Women’s High Potential Scholarship

Women’s High Potential Scholarships have been made possible thanks to the considerable support from the community of alumni and businesses related to the HEC Paris Foundation.

Eligibility: All female candidates with a non-French diploma (Bachelor’s or Master’s Degree).  

Programs: All programs.

Application process: No application or additional documentation required. All eligible students will be considered automatically.

Results: Scholarship decisions are announced by email within 1 week after the publication of the admission results.

Amount: Up to 15.000 euros  

30% CLUB Scholarship

30% Club Scholarship has been made possible thanks to the partnership with the 30% Club.

Eligibility: All female candidates with a non-French diploma (Bachelor’s or Master’s Degree) in Round 2.

Programs: Only Master in Management.

Application process: No application or additional documentation required. All eligible students will be considered automatically.

Results: Scholarship decisions are announced by email within 1 week after the publication of the admission results from Round 2.

Amount: 15.000 euros.

AVENIR Scholarship

Scholarship is in partnership with the French embassy in Spain.

Eligibility: All Spanish and French-Spanish candidates.

Programs: Only Master in Management.

Application process: Students need to apply via Campus France (click here for more information).  

Results: Scholarship decisions are announced by email within 1 week after the publication of the admission results.

Amount: 5.000 euros.

VOLKSWAGEN HEC Women in Leadership Scholarship

Eligibility: All German-speaking female students interested in automobile industry.

Programs: All programs.

Application process: Applicants must submit a 350-word motivation essay related to the automotive industry. An essay must be submitted in PDF format to info-masters@hec.fr.

Results: Scholarship decisions are announced by email within 1 week after the publication of the admission results.

Amount: up to 15.000 euros.

XTX Markets – HEC Data & Science Scholarship

Scholarships to promote Data, Science and Entrepreneurship on the one hand, academic excellence and diversity on the other hand, is one the 3 key pillars of the historical partnership initiated in 2023 between XTX Markets, the global algorithmic trading firm, HEC Paris and the HEC Foundation.

For more information on the partnership: click here.  

Eligibility: All students applying for X-HEC Data Science & AI for Business and X-HEC Data & Finance.

Programs: Only X-HEC Data Science & AI for Business and X-HEC Data & Finance.

Application process: No application or additional documentation required. All eligible students will be considered automatically.

Results: Scholarship decisions are announced by email within 1 week after the publication of the admission results.

Amount: up to 15.000 euros.

Stan Schwab Scholarship for Athletic and Academic Achievements

The Stan Schwab Scholarship is dedicated to supporting student-athletes in their pursuit of academic excellence while maintaining high-level athletic performance. It aims to recognize and assist students who demonstrate exceptional commitment both on the field and in the classroom, helping them balance the demands of competitive sports with their educational goals.

You can read this article to find out more about athletes who studied at HEC Paris.

Eligibility: To be eligible students can be:

• On the list of high-level athletes
• On the list of national team athletes
• Athletes enrolled in approved training centers
• Professional athletes
• Athletes who compete at a very high national level in France or in their home country (for international students)

The scholarship is open to all student profiles, French or international, regardless of their admission pathway or program.

All sports are eligible (individual/team, able-bodied/parasport) provided they are governed by a professional federation.

Commitments of the Scholarship Recipient: 

During the year the student benefits from the scholarship, they commit to:

• Maintaining a high-level sports activity
• Maintaining high-level academic performance
• Displaying exemplary extracurricular behavior

Programs: All programs.

Application process: The applicant must send the following documents to info-masters@hec.fr by the admissibility results publication:

• Their athletic achievements in the years prior to joining HEC Paris
• A photocopy of their sports license
• A short letter describing their athletic and academic project
• Optional: one or more letters of recommendation related to their sports practice
• Proof of income from their parents

Results: Scholarship decisions are announced by email within 1 week after the publication of the admission results.

Amount: 10 000 euros.

THE EIFFEL EXCELLENCE Scholarship

The Eiffel Excellence Scholarship was established by the French Ministry for Europe and Foreign Affairs to enable French higher education establishments to attract top international students to their master’s and PhD programs. On the master’s level, the scholarship encourages applications from emerging countries to shape the future decision-makers of the private and public sectors in priority areas of study.

Eligibility :

• Candidates aged 27 years old or below  
• Non-French nationality candidates only (applicants with dual nationality, one of which is French, are not eligible).  
• Candidates already studying in France are not eligible.
• Candidates who have already been awarded the Eiffel scholarship at master’s level or another French government scholarship will not be accepted (not eligible at the same level but can nevertheless reapply at a doctoral level).  
• Candidates who have applied previously and been rejected are not eligible, even if their application is submitted by a different establishment or in another field of study.  
• The Eiffel scholarship cannot be combined with any other French government scholarship or award

Programs: All programs.

Amount: Monthly allowance of €1181. The scholarship also covers: one international return ticket, social security and cultural activities. Tuition fees are not paid by the Eiffel program at either the master’s or the doctoral level.

Application process: Only applicants from Round 1 are eligible to apply for the Eiffel scholarship. Applicants from later rounds will not be considered.  

Students will be pre-selected by HEC Paris first and will be notified by mid-January regarding their application status.  

Campus France will publish the results and contact the laureates directly in April 2025.

You can learn more about the Eiffel Scholarship on their website here. 

Our needs-based scholarships portfolio consists of these scholarships:  

• The Equal Opportunity Scholarship
• The Imagine Fellowship Scholarship
• CMA-CGM Excellence Fund for Lebanese Students
• The Garzouzi Foundation Scholarship

The application process is the same for all 4 scholarships.

NB: All bursaries allocated with be automatically suspended if any information communicated by the candidate is found to be false.  

Publication of the results: Results from these scholarships are announced by email to all laureates within 1 week after admission results are published.    

All scholarship forms completed after the deadline will not be considered. Please note that scholarship results and the amounts are final.  

For any questions regarding these scholarships, please contact the Master's Programs Recruitment Team by email at info-masters@hec.fr .

The Equal Opportunity Scholarship

Eligibility: Non-French nationality candidates only (applicants with dual nationality, one of which is French, are not eligible). Candidates already studying in France are not eligible.

Programs: All programs.

Application process: Candidates have to submit the Needs-Based Scholarship Form in their Applicant Space.  

The deadlines are as follows:  

• For those applying to Round 1 –  October 31st, 2024 at 12pm (noon)  
• For those applying to Round 2 – January 28th, 2025 at 12pm (noon)  
• For those applying to Round 3 – March 20th, 2025 at 12pm (noon)  
• For those applying to Round 4 –  May 12th, 2025 at 12pm (noon)  

Amount:  Up to 35% of the tuition fees 

The Imagine Fellowship

The Imagine Fellowship supports future leaders from war-affected nations to embark on studies at HEC Paris. It aims to promote peace and tolerance, diversity, inclusion and harmony between communities.  You can learn more about our Imagine Fellows here and we also invite you to follow them on LinkedIn!

Eligibility: Only students from countries or states that have been affected by war and/or armed conflict.

Programs: All programs.

Application process: Candidates have to submit the Need-Based Scholarship Form in their Applicant Space.  

All scholarship forms completed after the deadline will not be considered. Please note that scholarship results and allocated amounts are final.  

The deadlines are as follows:  

• For those applying to Round 1 –  October 31st, 2024 at 12pm (noon)  
• For those applying to Round 2 – January 28th, 2025 at 12pm (noon)  
• For those applying to Round 3 – March 20th, 2025 at 12pm (noon)  
• For those applying to Round 4 –  May 12th, 2025 at 12pm (noon)  

Imagine Fellowship applicants must also submit a 350-word response touching on the two following prompts:  

• What makes you an ambassador of Business & Peace?  
• What initiatives would you implement on the HEC Paris campus linked to the issues around Business & Peace?  

The short essay should be sent as a PDF to info-masters@hec.fr on the day the admissibility results are published for the round to which they applied.  

Amount: Decided on an individual basis by the scholarship jury. 

CMA-CGM Excellence Fund for Lebanon

The CMA CGM Group, a world leader in shipping and logistics, and the HEC Foundation together offer a scholarship dedicated to supporting talented Lebanese students with limited financial means.  

Eligibility:  

• Lebanese national (multinational candidates, of which one nationality is French, are not eligible).  
• Completed most recent studies in Lebanon.    
• Relevant social criteria.  

Programs: All programs

Application process:  Candidates have to submit the Need-Based Scholarship Form in their Applicant Space.  All scholarship forms completed after the deadline will not be considered. Please note that scholarship results and allocated amounts are final.  There are 2 additional essay questions on the form that are exclusively for CMA-CGM applicants.

The deadlines are as follows:  

• For those applying to Round 1 –  October 31st, 2024 at 12pm (noon)  
• For those applying to Round 2 – January 28th, 2025 at 12pm (noon)  
• For those applying to Round 3 – March 20th, 2025 at 12pm (noon)  
• For those applying to Round 4 –  May 12th, 2025 at 12pm (noon)  

Amount: Decided on an individual basis by the scholarship jury 

The Garzouzi Foundation Scholarship for Master in Management

In 2018, Nicolas and Michèle Garzouzi wanted to commit, through their foundation, to support access to the HEC Paris Master in Management Program for Lebanese students with limited financial means.  

Eligibility Criteria for M1 (first year):  

• Be under the age of 25 on September 1st of the year of admission to HEC Paris.
• Be of Lebanese nationality (multinational candidates, of which one nationality is French, are not eligible).
• Have relevant social criteria.
• Have a clean criminal record (must be sent by email in PDF format to info-masters@hec.fr).

Eligibility criteria for continuation of the bursary in M2 (second year):  

• Be a recipient of the bursary in M1.
• Be of Lebanese nationality (multinational candidates, of which one nationality is French, are not eligible).
• Have relevant social criteria.
• Have a clean criminal record.  
• Have obtained a GPA of at least 3.5 in M1.  

Amount: 15,000 Euros in M1 deducted from the tuition fees, and then, if the candidate maintains a GPA of at least 3.5 and the demand is validated by the Garzouzi Foundation, a second sum of 15,000 euros will be deducted from the tuition fees for the M2.