The Morgan Stanley Scholarship covers tuition, fees and the equivalent cost of room and board at Spelman for four academic years.
It also comes with a multi-year mentorship and professional development programme, which is the part worth weighing if you are aiming at finance or consulting. Contact with practitioners early in a degree tends to shape which internships are open to you later.
Winning it requires one strong admission application, since the Office of Admissions selects scholars from the admitted pool with no separate form.
International students can hold it, and Spelman is clear that merit scholarships are the only form of aid it offers them, so budget separately for flights, insurance and personal spending.
