Georgetown McDonough Partners with Peace Corps for MBA Scholarship Program

The Peace Corps has chosen Georgetown University’s McDonough School of Business to join its Paul D. Coverdell Fellowship Program, the school announced this week. Coverdell Fellows will receive a rigorous business education that also prepares them to make a positive impact on the community through careers in for-profit, non-profit, or non-governmental organizations.

Georgetown McDonough says it will waive the application fee for all returned Peace Corps volunteers who apply to the program, and those admitted to the full-time MBA program as a Coverdell Fellow will receive a minimum of $10,000 in tuition scholarship funding per year as well as the ability to apply for graduate assistantships.

Once enrolled, all fellows complete internships in under-served American communities, allowing them to bring home and expand upon the skills they learned as volunteers. A highlight of the Fellows program is the required Global Business Experience, which allows students to consult for an international company and solve real-world problems for a client. This six to eight-week experience culminates in a one-week global trip to meet with and present recommendations to the client.

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“Georgetown University has a longstanding commitment to being men and women for others, as well as understanding the intricacies of different cultures around the world,” said David A. Thomas, dean of Georgetown McDonough, in a statement announcing the news. “By joining the Coverdell Fellows Program, we can reward incoming MBAs who already have the global mindset and value for serving society that we teach in our programs.”

In Georgetown’s optional application essay, eligible volunteers should note that they would like to be considered for the fellowship. Visit the Peace Corps website for more information.

Image credit: Georgetown McDonough School of Business
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