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Hennessy Fellows Program 2026: $50,000 Scholarship and Leadership Opportunity for MBA Students at Select HBCUs

The Hennessy Fellows Program 2026 is now accepting applications from outstanding MBA students attending select Historically Black Colleges and Universities (HBCUs) in the United States. Developed through a collaboration between the Thurgood Marshall College Fund (TMCF) and Hennessy, this prestigious leadership initiative combines generous financial support with professional development, networking, and executive leadership training designed to prepare the next generation of business leaders.

Successful fellows receive up to $50,000 in financial support, including a $40,000 scholarship distributed over two academic years and an additional $10,000 stipend. Beyond funding, participants gain access to immersive leadership experiences, corporate development opportunities, and networking with industry professionals, helping position them for long-term career success.

If you are pursuing an MBA at one of the eligible HBCUs and aspire to become a transformational leader in business, entrepreneurship, or corporate management, the Hennessy Fellows Program offers an exceptional opportunity to invest in your future.

About the Hennessy Fellows Program

The Hennessy Fellows Program is a competitive leadership initiative created to support high-achieving graduate students enrolled in MBA programs at selected Historically Black Colleges and Universities.

The program focuses on developing leadership capabilities through experiential learning while providing substantial financial assistance that enables participants to concentrate on their academic and professional goals.

Participants engage in structured leadership development activities that expose them to corporate leadership, innovation, collaboration, and professional networking.

Program Details

Program Name: Hennessy Fellows Program 2026

Host Organization: Thurgood Marshall College Fund (TMCF)

Corporate Partner: Hennessy

Program Type: Fellowship and Scholarship

Eligible Applicants: MBA students attending eligible HBCUs

Country: United States

Scholarship Value: Up to $50,000

Financial Benefits

Selected Hennessy Fellows receive comprehensive financial support throughout the program, including:

  • $40,000 scholarship
  • $20,000 awarded per academic year (up to two years)
  • $10,000 living stipend
  • $5,000 stipend per academic year
  • Professional leadership development
  • Corporate networking opportunities
  • Leadership boot camp participation
  • Executive-level career exposure

The combination of scholarship funding and professional development makes this one of the premier graduate fellowship opportunities available to MBA students at participating HBCUs.

Leadership Development Opportunities

Beyond financial support, fellows participate in an extensive leadership development curriculum designed to strengthen professional and executive skills.

Program activities include:

  • Interactive online leadership training
  • Immersive leadership boot camp
  • Professional networking sessions
  • Corporate development experiences
  • Collaboration with fellow emerging leaders
  • Exposure to business, social, and economic systems

These experiences help participants build leadership confidence while expanding their professional networks across industries.

About Hennessy

Hennessy has been a global leader in Cognac production for more than 250 years and operates in over 130 countries worldwide.

In addition to its internationally recognized products, Hennessy has a long history of supporting educational advancement, community development, and African American leadership initiatives. The company has supported organizations such as the National Urban League, the NAACP, and the National Museum of African American History & Culture, demonstrating its longstanding commitment to expanding opportunity and promoting leadership.

Eligible Universities

Applicants must be accepted into an MBA program at one of the following Historically Black Colleges and Universities:

  • Clark Atlanta University
  • Howard University
  • Morgan State University
  • North Carolina Agricultural & Technical State University
  • Prairie View A&M University
  • Southern University

Only students enrolled at these institutions are eligible to participate in the program.

Eligibility Requirements

To qualify for the Hennessy Fellows Program, applicants must:

  • Be at least 21 years of age at the time of application.
  • Be accepted into an MBA program at one of the eligible HBCUs.
  • Maintain a minimum cumulative GPA of 3.0.
  • Remain enrolled as a full-time graduate student throughout the fellowship.
  • Reside in the United States.
  • Be able to participate fully in all fellowship activities.
  • Maintain good academic standing during the program.

Applicants should carefully review all eligibility requirements before submitting their application.

Required Application Documents

A complete application typically includes:

  • Updated resume
  • Undergraduate transcript
  • Graduate transcript (if applicable)
  • TMCF Professional Development Assessment
  • Personal statement

Unofficial transcripts are accepted during the application process.

Why You Should Apply

The Hennessy Fellows Program is more than a scholarship—it is a leadership investment.

Participants receive executive-level leadership training, financial support, mentorship, and valuable networking opportunities that help prepare them for leadership positions across business, government, nonprofit organizations, consulting, and entrepreneurship.

Graduates of the program join a growing network of accomplished professionals committed to driving innovation and creating meaningful impact within their communities and industries.

For MBA students seeking both financial assistance and transformational leadership development, the Hennessy Fellows Program represents one of the most competitive opportunities available through the Thurgood Marshall College Fund.

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