Scholarships At Monarch
"We encourage everyone in the Monarch family to make a difference in the lives of students at all levels of education. Through their generous contributions, the alumni has made an impactful difference in the lives of many. With individual and family sponsored scholarshhips that generosity can be magnified even more. Join us in our goal of reaching $7.5 million in sponsored scholarships by the year 2027."
The Scholarship Philosophy At Monarch
Scholarships at all levels of university studies—Bachelor, Master, and Doctoral—offer significant benefits to both students and the broader academic community. They serve as a critical tool for promoting “academic excellence”, enabling students to pursue their education without or with reduced financial stress of tuition. For undergraduates, scholarships open the door to higher education for those who might otherwise be unable to afford it, fostering diversity and inclusion within the student body. At the graduate level, scholarships allow Master and Doctoral students to dedicate themselves to advanced research and professional development, often resulting in contributions to their fields that benefit society as a whole. Scholarships also help Monarch to attract talent, enhancing Monarch’s reputation and creating a vibrant academic environment.
For the alumni and donors who fund these scholarships, they provide a meaningful way to give back, ensuring that future generations have access to the same educational opportunities. Overall, scholarships promote a culture of merit, opportunity, and support, driving both individual success and collective progress. The following scholarships are provided through the Monarch Alumni Association.
Bachelor Tuition Scholarships
Providing scholarships to Bachelor-level students through the Monarch Alumni Association offers profound benefits to both the recipients and the wider Monarch community. These scholarships cover the full cost of online tuition, making high-quality education accessible to individuals regardless of their financial circumstances. By removing financial barriers of tuition, the scholarships enable talented students to focus on their studies and personal development without the stress of tuition burdens. This support fosters academic excellence and creates opportunities for students to thrive in their fields, potentially becoming future leaders and contributors to society. Additionally, these scholarships strengthen the connection between alumni and current students, as alumni play a direct role in shaping the next generation’s success. It also promotes a culture of giving back, encouraging recipients to one day become active alumni who support future students, creating a virtuous cycle of generosity and academic achievement.
Since 2022, Monarch has sponsored hundreds of Bachelor students within the BBA program. These students typically come from the developing countries and would otherwise not have the means or opportunity to pursue higher learning at the university level.
The Dean's Scholarship
The Monarch Dean’s Scholarship for graduate students offers a valuable opportunity for students from OECD developing countries by providing an automatic 20% reduction in tuition fees from the regular tuition levels. This automatic scholarship significantly lowers the financial burden on eligible students, allowing them to pursue their Master’s or Doctoral degrees with less economic strain. By making advanced education more accessible to students from developing countries, the Dean’s Scholarship promotes educational equity, enabling talented individuals to advance their careers and contribute to the development of their home countries. It also strengthens Monarch’s global diversity by fostering a more inclusive academic environment, enriched by the perspectives and experiences of students from various cultural and economic backgrounds. The scholarship exemplifies Monarch’s commitment to supporting global talent and empowering students to achieve academic and professional excellence.
Since 2013, Monarch has provided discounts in tuition in the form of the Dean’s Scholarship provision to graduate students from OECD countries.
Individual Alumni Sponsored Scholarships
Scholarships sponsored by individual alumni members or on behalf of their families play a transformative role in supporting students at Monarch. These alumni-sponsored scholarships provide financial relief, enabling students to pursue their education without the stress of tuition burdens, while often being tailored to specific criteria that reflect the values or goals of the sponsoring individual or family. These scholarships not only help deserving students achieve their academic and professional aspirations but also create a lasting legacy for the alumni and their families. By directly investing in the success of future generations, alumni can stay closely connected to the university’s mission while fostering a sense of community and continuity. Additionally, these personalized scholarships often build meaningful relationships between donors and recipients, offering opportunities for mentorship, networking, and long-term professional support. Through this act of giving, alumni have a profound impact on the lives of students, while also inspiring a culture of philanthropy within the Monarch community.
Individuals interested in creating a personally or family scholarship should contact the Alumni Administration for further information. The administration may be contacted at: [email protected]