Fulbright – University of Oklahoma MBA Grant

This joint award sponsors two academic years for an MBA program at the Price College of Business, University of Oklahoma in Norman, OK. More information about the Price College of Business can be obtained from www.price.ou.edu

1 such grant is awarded yearly in open competition supervised by binational selection committees.


Eligibility Requirements

Eligibility Requirements

  • Applicants must have Bulgarian citizenship. Green card holders and persons with dual (Bulgarian and US) citizenship are ineligible.
  • Applicants must hold at least a Bachelor’s degree and be able to submit the official diploma by September 1, 2022.
  • Evidence of English language proficiency (TOEFL, GRE/GMAT scores).
  • Applicants should be in sound health.
  • Candidates already studying in the U.S. are ineligible for a Fulbright grant.
  • Candidates who have resided in the United States for five or more consecutive years during the six-year period preceding the date of application are ineligible for a Fulbright grant.
General Selection Criteria

General Selection Criteria

  • Candidates have passed the iBT TOEFL exam with a minimum score of 81 p.
  • Candidates have taken the GMAT test with a minimum score of 650 points.
  • Candidates show good academic record.
  • Prior study in business is NOT a requirement for selection.

All candidates will be considered without regard to race, color, religion, and sex.

Prospective Fulbright participants should be aware that public health conditions, availability of consular services and travel, as well as U.S. institutional operating status and policies may affect their ability to travel to the U.S. and participate in academic programs.



  • Application form (please use the standard IIE form to apply for this grant.) The web-based Fulbright Foreign Student application is located at https://apply.iie.org/ffsp2022/;
  • Three letters of reference (can be submitted online by instructors, professors or work supervisors, or sent directly to the Fulbright Commission office);
  • Academic transcripts/diplomas (certified translation into English of verified copies of original academic transcript and degree certificate – scanned and attached to the application);
  • Valid results from American standardized tests: TOEFL and GMAT.
    Submitting TOEFL and GRE/GMAT scores by May 20, 2022 is considered a major advantage.
    Final deadline for submitting official test scores: September 15, 2022


  • All items should be translated into English.
  • All supplementary documents should be submitted as scanned attachments in the online application form. Only reference letters that are not submitted electronically can be mailed to the Commission.
  • Nominated candidates will have to submit a copy of the original academic transcript bearing all official legalization stamps to the Fulbright Commission.
    The Fulbright Commission will advise applicants to submit a medical history and examination report if and when necessary.
  • Interviews of eligible candidates are conducted in person and take place during the сецонд half of June. Date and time are fixed.

Frequently Asked Questions

  • Q: What does the Fulbright graduate study grant cover?

    A: The Fulbright graduate study grant offers up to USD 37,000 toward tuition fees and living expenses for one academic year (10 months). The Fulbright grant covers travel costs (round-trip) and includes a US Department of State health insurance plan for exchange visitors.

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

    A: Between 6 and 8 Fulbright graduate student awards are offered annually.

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

    A: 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.

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

    A: 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.

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

    A: 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:

  • Q: Do I have to submit separate applications if I want to apply for the core Fulbright graduate study grant and for the Thanks to Scandinavia grant?

    A: No. In the Fulbright application simply mention your interest in the Thanks to Scandinavia grant.

  • Q: Are TOEFL waivers possible?

    A: No. The TOEFL test is required for ALL candidates in the graduate student category.

    If you are unable to submit 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

  • Q: What TOEFL (iBT) scores should I aim for?

    A: No. 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.

  • Q: Do I need the GRE/GMAT test?

    A: 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

  • Q: What GRE/GMAT scores should I aim for?

    A:  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.

  • Q: I am not able to be present at the interview. May I be interviewed via telephone or Skype?

    A: No. Interviews of eligible candidates are conducted in person and take place during the second half of June. Date and time are fixed.

  • Q: What type of visa is required for the Fulbright program

    A: 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.

  • Q: How do I register referees?
    A: 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.
  • Q: How do I submit supplemental forms?
    A: 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.

Deadline for submitting applications for the academic 2023-24: May 20, 2022

For more information please contact:

The Bulgarian-American Fulbright Commission
12, Vitosha Blvd., Sofia 1000

Maria Kostova

Program Officer, Bulgarian Grantees

Consultation hours:
Monday-Friday, 2:00–4:00 PM