The Skoll Scholarship is a scholarship competition for MBA students from Oxford University Saïd Business School who are seeking employment to solve social and environmental issues. This scholarship covers all tuition fees and some living expenses for the MBA program. The Skoll Scholarship funds entrepreneurs who have started or joined a social purpose business or are seeking business impact, and entrepreneurs who want to increase their business-focused knowledge to be more effective in their next transition. In addition to financial support, the scholarship provides access to the Skoll Scholars community, a group of leaders who are making a positive impact on the world through innovation and changes. The scholarship is awarded specifically to those who choose to work in the field of destruction/innovation rather than pure business or civil society because of the significant financial burden an MBA can have.

Skoll Scholarship Highlights

Scholarship Type College-Specific, Need-Based
Offered by Trust
Organization Skoll Foundation
Application Deadline 5 January 2024
No. of Scholarships 4
Amount $19,480
Renewability One Time Payment
International Students Eligible Yes
Scholarship Website Link https://skollscholarship.org/home

Benefits of Skoll Scholarships

The Skoll Scholarship's main advantage is that it covers all living and tuition costs for students doing an MBA at the Sad Business School of the University of Oxford. The government will occasionally provide kids partial scholarships as well.

This scholarship for UK will be a great choice if the student's financial situation prevents them from pursuing an MBA degree. The full-time, one-year MBA program is run by the Skoll Centre, which is housed at the Said Business School. Students will also be a member of the Skoll Scholar community, which includes well-known social entrepreneurs from throughout the world.

The Skoll Scholarship Amount

The amount of the Skoll Scholarship is $19,480. This amount is sanctioned for those who qualify for this scholarship and apply to UK Universities. Not every applicant receives this amount.

The Skoll Scholarship Application Deadline

The last date for applying for the Skoll Scholarship is March 21, 2023. The applicants must be aware of the last date, as no application will be accepted after the scheduled last date.

The Selection Process is scheduled accordingly:

  • Application deadline for MBA at University of Oxford (including submitting your Skoll Scholarship essays): 4 January 2023
  • Scholarship applications from Stage 1 reviewed (candidates updated): November 2022
  • Scholarship applications from Stage 2 reviewed (candidates updated): January 2023
  • Scholarship applications from Stage 3 and those shortlisted from Stages 1 and 2 reviewed: March and April 2023
  • Skoll Scholarship Logistics and Reference Form sent to candidates:14 March 2023
  • Skoll Scholarship Logistics and Reference Form submission deadline: 21 March 2023
  • Interview decisions made (all candidates updated): 6 April 2023
  • First stage interviews (online): 18 and 19 April 2023
  • Final stage interviews (online): 4th May 2023
  • Skoll Scholarship final decision: 10 May 2023 (at the latest)

The Skoll Scholarship Eligibility

Candidates must be aware of cost of Masters in UK for Indian Students. To be eligible for the Skoll Scholarship, applicants must fulfill the following criteria.

  • The student must have at least three years of experience promoting social change in order to be eligible for the Skoll Scholarship.
  • This covers starting their business or collaborating with another company. Additionally, they must offer proof of their entrepreneurial endeavours and effects.
  • Students must also exhibit the traits of an entrepreneur to be eligible for the Skoll Scholarship.
  • Persistence, optimism, openness, superb communication skills, and outstanding problem-solving talents will all be part of this.
  • The students must also explain how the scholarship advances their professional objectives.
  • They must describe their financial position or needs because the program pays for their MBA course.

The Skoll Scholarship Documents Required

Applicants must also check the deadline and requirement for UK study visa. The documents required for applying for the Skoll Scholarship are:

  • Filled Application form with USC Supplement
  • Academic Record
  • CAS Letter
  • Letter of Recommendation
  • Personal Statement
  • Financial Evidence
  • Universities of UK giving Skoll Scholarship

The Skoll Scholarship is important for candidates who take up social entrepreneurship or students who pursued impact careers. The maximum number of scholarships is 4 per year. The tenure of the course taken up must be between 1 year to 3 years. The scholarship awards 100% of the tuition fees and also gives a stipend for partial living expenses. The is awarded annually.

FAQs

Ques: What is the Skoll Scholarship?

Ans: The Skoll Scholarship is a prestigious program offered by the Skoll Centre for Social Entrepreneurship at the University of Oxford. It supports individuals who have a deep commitment to creating positive social change and offers a fully funded opportunity to pursue a graduate degree at Oxford.

Ques: Who is eligible to apply for the Skoll Scholarship?

Ans: The scholarship is open to individuals from around the world who have a proven track record of entrepreneurial activity that has driven positive social impact. Candidates must also be accepted into one of the specified graduate programs at the University of Oxford.

Ques: What graduate programs are eligible for the Skoll Scholarship?

Ans: The scholarship is currently available for candidates applying to the MBA program at Saïd Business School, University of Oxford. It is essential to check the Skoll Centre's official website for the most up-to-date information on eligible programs.

Ques: How competitive is the Skoll Scholarship?

Ans: The Skoll Scholarship is highly competitive due to its prestigious nature and limited number of awards. Each year, only a few exceptional candidates are selected based on their entrepreneurial accomplishments, leadership potential, and commitment to driving social change.

Ques: What does the Skoll Scholarship cover?

Ans: The scholarship covers the full tuition and college fees for the chosen program, a living stipend, and funding for certain entrepreneurial activities and networking opportunities. However, it's important to review the specific details of the scholarship for the program year you are applying to.

Ques: Can I apply for the Skoll Scholarship if I have already started my studies at Oxford?

Ans: No, the Skoll Scholarship is only available for candidates who have not yet begun their studies at the University of Oxford. It's designed to support individuals who want to pursue a graduate degree and are committed to making a significant social impact.

Ques: What is the application process like?

Ans: The application process typically involves submitting the standard graduate program application to the University of Oxford along with additional essays and documents specifically required for the Skoll Scholarship. Shortlisted candidates may be invited to an interview as part of the selection process.

Ques: Can I apply for other scholarships alongside the Skoll Scholarship?

Ans: Yes, you are generally allowed to apply for other scholarships at the University of Oxford, but it's important to review each scholarship's terms and conditions. Some scholarships may have restrictions on concurrent funding.

Ques: What is the commitment required of Skoll Scholars?

Ans: Skoll Scholars are expected to actively engage with the Skoll Centre's community, attend events, and contribute to the center's initiatives. They are also expected to embody the values of social entrepreneurship and drive meaningful change during and after their studies.

Ques: How does the Skoll Scholarship contribute to my career?

Ans: The Skoll Scholarship offers more than just financial support. It provides access to a network of like-minded individuals, mentors, and resources within the social entrepreneurship field. This network and the skills gained during your studies can greatly enhance your career trajectory as a social change leader.?