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In 2018, Nicolas and Michèle Garzouzi wanted to commit, through their foundation, to support access to the HEC Paris Master in Management Program for Lebanese students with limited financial means.
The scholarships of the Nicolas and Michèle Garzouzi Foundation are reserved exclusively for Lebanese students admitted in M1 and eligible on social criteria.
Eligibility Criteria for M1 (first year):
Be under the age of 25 on the 1st September of the year of admission to HEC Paris
Be of Lebanese nationality (multinational candidates, of which one nationality is French, are not eligible)
Be eligible to relevant social criteria
Have a clean criminal record
Eligibility Criteria for continuation of the bursary in M2 (second year):
Be a recipient of the bursary in M1
Be of Lebanese nationality (multinational candidates, of which one nationality is French, are not eligible)
Be eligible to relevant social criteria
Have a clean criminal record
Have obtained a GPA of at least 3.5 in M1
Amount: The bursaries give the candidate the right to a deduction of 15,000 Euros from their scholarly fees in M1, and then, provided said candidate maintains a GPA of at least 3.5 and the demand is validated by the Garzouzi Foundation, a second sum of 15,000 Euros will be deducted from scholarly fees for the M2.
NB: All bursaries allocated with be automatically suspended if any information communicated by the candidate is found to be false.
Deadline for Applications: Lebanese candidates have the choice of four admission sessions, detailed in the ‘Admission Schedule’ section. They will have until the ‘Eligibility Jury’ of each round to apply for a scholarship and send all the necessary documents to have their application examined.
We speak to Hoài Lê Thu. who commenced her MBA at Warwick Business School in September 2025 after winning the $10,000 QS ImpACT MBA Leadership Scholarship.
Maria-Madalina Ifrim is undertaking an MBA at the University of Mannheim’s Business School in Germany having won the $5,000 USD QS ImpACT MBA Community Scholarship.
In a landmark partnership, the QS Scholarships platform merged with ImpACT charity organization in 2020, culminating in a synergy of resources that now manifests as QS ImpACT Scholarships.
What is the difference between institution-funded and QS ImpACT scholarships?
Institution-funded scholarships are exclusively backed by the institution itself. This implies that scholarship recipients need to secure acceptance for their studies at the said institution in order to qualify. It's essential to note that each scholarship comes with its own set of eligibility criteria and prerequisites. On the other hand, QS ImpACT Scholarships mark a collaborative effort between the ImpACT charity organization and QS. These scholarships present a unique advantage – they allow candidates to be considered regardless of the institution they choose for their studies, as long as they meet the appropriate study-level requirements. To delve deeper into the eligibility criteria associated with these scholarships, we invite you to explore the relevant scholarship details.
Can I apply for more than one scholarship?
Yes, you can apply for as many scholarships as you wish. Just make sure that you meet the eligibility criteria and follow the application process for each.
Who evaluates my application and who will announce the winner?
Scholarships by institutions are managed by the school, university or collage offering the scholarship and the winner will also be announced by them. QS ImpACT Scholarships are managed by us here at QS and we’ll announce the winner.
HEC Paris
Social Bursaries from the GARZOUZI Foundation
All
Master’s
MBA
Executive MBA
Bachelor’s
PhD
Military
Other
Deadline:
2026-06-30
Value:
$ 34,579
No. of Recipients:
2
Useful Resources
Announced: QS Scholarship Winners
Find out who has been selected for the range of QS scholarships and those offered by partner institutions.
QS ImpACT MBA Leadership Scholarship: 2025 winner
We speak to Hoài Lê Thu. who commenced her MBA at Warwick Business School in September 2025 after winning the $10,000 QS ImpACT MBA Leadership Scholarship.
QS ImpACT MBA Community Scholarship: 2025 winner
Maria-Madalina Ifrim is undertaking an MBA at the University of Mannheim’s Business School in Germany having won the $5,000 USD QS ImpACT MBA Community Scholarship.
Frequently Asked Questions
In a landmark partnership, the QS Scholarships platform merged with ImpACT charity organization in 2020, culminating in a synergy of resources that now manifests as QS ImpACT Scholarships.
Institution-funded scholarships are exclusively backed by the institution itself. This implies that scholarship recipients need to secure acceptance for their studies at the said institution in order to qualify. It's essential to note that each scholarship comes with its own set of eligibility criteria and prerequisites. On the other hand, QS ImpACT Scholarships mark a collaborative effort between the ImpACT charity organization and QS. These scholarships present a unique advantage – they allow candidates to be considered regardless of the institution they choose for their studies, as long as they meet the appropriate study-level requirements. To delve deeper into the eligibility criteria associated with these scholarships, we invite you to explore the relevant scholarship details.
Yes, you can apply for as many scholarships as you wish. Just make sure that you meet the eligibility criteria and follow the application process for each.
Scholarships by institutions are managed by the school, university or collage offering the scholarship and the winner will also be announced by them. QS ImpACT Scholarships are managed by us here at QS and we’ll announce the winner.