Fulbright – University of Oklahoma MBA Grant

The competition for AY 2025-26 is now open.  

Deadline: 10 May 2024


For Bulgarian citizens


Completed bachelor's degree


Scholarship for the duration of the program


No prior training in business


Application deadline: May 10, 2024

Fulbright scholarships for master’s and doctoral programs

The Bulgarian-American Commission for Educational Exchange “Fulbright” and the Price College of Business at the University of Oklahoma in the city of Norman, Oklahoma, provide a scholarship for a master’s program in business administration. Funding is for a period of the entire program. 

Eligibility Requirements

Evidence of English language proficiency

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  • Bulgarian citizenship; persons with dual citizenship (Bulgarian and American) and work visa/green card holders cannot apply.  
  • Excellent command of English (written and spoken) and iBT TOEFL test score of over 81 points; GMAT test with a minimum score of 650 pointssubmitting test scores before the application deadline is an advantage, but is not compulsory.  
  • Completed 4-year bachelor’s degreeprogram (the bachelor’s degree must be received no later than September 1, 2024)  
  • No prior training in the field of business administration is required.  
  • Individuals currently studying in the US and those who have lived in the US for 5 consecutive of the last 6 years are not eligible to participate in the competition.  


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  • Application (the web-based Fulbright Foreign Student application is located at https://apply.iie.org/ffsp2025 
  • Three letters of reference (can be submitted online by instructors, professors or work supervisors;  
  • Academic transcripts/diplomas (certified translation into English of verified copies of original academic transcript and degree certificatescanned and attached to the application);  
  • Valid results from American standardized tests are an advantage: TOEFL (required for all candidates) and GRE (required in most fields of study with the exception of MBA and Law) or GMAT (required for MBA and business-related programs). Candidates, who have been nominated without valid test scores will receive free test vouchers for the relevant exams. 
  • Answers to application-related questions can be found here. 

    General Selection Criteria

    Final approval by the Fulbright International Scholarship Board (FSB)

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    • Excellent academic record. 
    • Scores on the American standardized tests and other qualifying academic and professional experience. 
    • Adaptability and personal suitability. 
    • Applicants should be representative and responsible citizens who contribute to a full and fair picture of the culture and civilization of Bulgaria. 
    • Preference is given to applicants who have not had a prior opportunity for studying in the U.S. 
    • Applications are subject to pre-screening. 
    • Evaluation of study projects is carried out by Fulbright alumni and leading Bulgarian and U.S. scholars in the respective fields. 
    • Candidates recommended by reviewers are invited for an online interview conducted by a binational nomination committee. 

    Application deadline: 10 May 2024

    Interview dates are fixed and there is no option for rescheduling. 

    Why apply


    You receive funding for your studies


    Possibility of qualification from a prestigious university in the USA


    Educational and cultural exchange


    Establish contacts with top experts in your field


    Opportunity for a successful start or promotion in the career

    Frequently asked questions

    What does the Fulbright graduate study grant cover?

    The Fulbright graduate study grant offers up to USD 60,000 toward tuition fees and living expenses for the duration of the program. The Fulbright grant covers travel costs (round-trip) and includes a US Department of State health insurance plan for exchange visitors.

    How many Fulbright awards are granted annually to Bulgarian graduate students?

    Up to 5 Fulbright graduate student awards are offered annually.

    Do I have to be admitted to a US university in order to apply for a Fulbright grant?

    No. Application for a Fulbright grant precedes application to US universities by one year. Candidates first apply to the Fulbright program. The Fulbright Commission and the Institute of International Education (IIE) arrange placements of grantees on the basis of their preferences, academic credentials, and Commission’s policies.

    Is there an exclusive list of US universities the Fulbright program works with?

    The Fulbright Commission works with a large number of accredited, high-ranking private and public universities in the U.S.

    For information on US universities offering graduate programs, you can consult our useful resources section, esp. www.petersons.com/graduate-schools/grad-search-by-subject.aspx and grad-schools.usnews.rankingsandreviews.com/best-graduate-schools.

    Do I have to complete the preferred institutions section in the online application form?

    It is advisable to do so. Please rank your first three preferences, include 3 or 4 additional options in the space provided. When deciding which universities to include, study the relevant program descriptions and consider how closely they fit your academic, professional and research interests.

    You can consult your choice with:

    • Program Officer Maria Kostova, e-mail: mkostova@fulbright.bg , Tel. 0879 164 095, 5th floor, visiting hours: Monday-Friday, 2:00–4:00 PM
    • Education USA Advisor Filip Lyapov, e-mail: f.lyapov@fulbright.bg , Tel. 0879 164 096
    Do I have to submit separate applications if I want to apply for the core Fulbright graduate study grant and for "Thanks to Scandinavia" grant?

    No. In the Fulbright application simply mention that you are interested in the Thanks to Scandinavia grant.

    Are TOEFL waivers possible?

    The TOEFL test is expected from all candidates in the graduate student category. However, candidates who graduated from a degree program taught in the English language could be considered for waiver. 

    If you are unable to submit test results by the application deadline, and you are nominated for an award, you will be provided with a test voucher and required to take the TOEFL exam. 

    Information on the TOEFL test and registration instructions can be found here: www.ets.org/toefl  

    What TOEFL iBT scores should I aim for?

    For applicants in science and technology, scores above 81 points are desirable. For applicants in law and the humanities, business administration, and economics, scores above 101 points are considered an excellent result.

    Do I need the GRE / GMAT test?

    Only applicants in the field of law and non-degree doctoral researchers are exempt from taking GRE or GMAT. Applicants in all other disciplines are expected to submit satisfactory GRE or GMAT results. Presenting test scores prior to the competition deadline is a major advantage.
    Information on the GRE test and registration instructions can be found here: www.ets.org/gre

    Information on the GMAT test and registration instructions can be found here: www.mba.com

    What GRE / GMAT score should I aim for?

    GRE is required for pursuing Masters and PhD programs in all disciplines, except law and business*. High scores in the quantitative section (above 700 or 155 on the new GRE score scale) are important for successful applications in science and technology; high scores in the verbal section (above 600 or 160 on the new GRE score scale) are important for successful applications in the humanities. Applicants in arts and music are not required to score as high on the GRE test.

    GMAT is a test required for applicants in business*. GMAT scores over 600 are essential for applications to A grade schools.

    *A growing number of schools accept both GMAT and GRE tests for business disciplines. Please consult the website of your preferred programs to confirm the admission requirements.

    I am not able to be present at the interview. May I be interviewed via telephone or Zoom?

    Yes. Applicants will receive personalized instructions about the format of the interview.

    What type of visa is required for the Fulbright Program?

    Fulbright grantees are issued J-1 visas for exchange visitors; their dependents travel on J-2 visas. All grantees are expected to return to their home countries for at least two years at the conclusion of their grant, in compliance with J-visa requirements.

    How do I register referees?

    In the online form you will find a section “references” in the top left corner of the menu bar. Please select this section. In “register referees” please enter the e-mail addresses of your three referees and click submit. This will send electronic invitations with links to the online confidential recommendation forms to the e-mail addresses of your referees. Please make sure in advance that they agree to complete your reference. (In the rare case they do not speak English, they can upload both the Bulgarian version of the recommendation and an English translation into the electronic portal.) Your references will become accessible for review after you have submitted your entire online application.

    How do I submit supplemental forms?

    We recommend that all supplemental forms should be scanned and uploaded as PDF files into an “Additional Information” section of the online portal. It is not necessary to send hard copies of the supplemental forms by the deadline. If necessary, the Commission will request the hard copies later on in the application process.

    Maria Kostova

    Maria Kostova

    Program Officer, Bulgarian Grantees

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