Modern College of Business & Science (MCBS) Providing quality education in Oman at affordable rates.
MCBS offers millions of Omani Rials in financial aid to students through:
- Ministry of Higher Education (MOHE)
- Corporate Sponsors
- Charitable Organizations
- MCBS Self-funded Scholarships & Incentive
More than 75% of MCBS students receive some form of financial assistance.
Ways to Finance Your Education
Loans
- MCBS has partnered with Nizwa Bank to provide student loans.
- Students/guardians manage repayments based on agreed terms with the bank.
- Contact the Admissions Department for more details.
Grants
- Need-based financial aid that does not require repayment.
- Offered by government bodies and corporate sponsors like Oman Charitable Organization.
Scholarships
- Full or partial financial aid for students meeting eligibility criteria.
- Offered based on merit, talent, or financial need.
- Scholarships approved by the Scholarship Committee.
- Corporate Scholarships are available with different partial incentives for Ministerial Offices.
MCBS Incentives
- 15% Incentives for Bachelor’s & Foundation students.
- 10% Incentives for BTEC students.
- Awarded to high-performing students based on GPA.
- Incentives range from 5% to 7.5%.
- 10% Incentives for MCBS alumni enrolling in Master’s & Doctoral programs.
- Not applicable for MBA - English (Franklin Program).
- Students required to submit IELTS results for admission will receive a refund for the test fee upon successful admission.
- 50% Incentives for government employees working in Ministry departments applying for Bachelor’s programs.
Scholarship Application Process
- Full Scholarship
- Partial Scholarship
- Corporate Partial Scholarship
- Sibling Incentives
- Alumni Incentives
- Initiated by Admission Officers.
- Student ID is entered to load student details (Name, Sponsor, Degree).
- Scholarship Category is selected from a dropdown menu.
- Scholarship Percentage is manually entered.
- Supporting documents (PDF, JPG, DOCX) are uploaded.
- Application is submitted for processing.
- Handled by Accounts Department.
- The system filters Corporate Partial Scholarships, Sibling Incentives, and Alumni Incentives.
- Applications appear in a tabular format with supporting documents.
- The officer can Accept or Reject the application.
- Managed by Scholarship Committee.
- The system filters applications for Full & Partial Scholarships.
- Applications appear in a tabular format with supporting documents.
- Committee members upload meeting minutes (PDF, JPG, DOCX).
- The committee reviews and either Accepts or Rejects the application.
- Scholarship/Incentives Application – Admission Officers initiate the process.
- Corporate/Other Incentives Approval – Accounts Department reviews relevant applications.
- Full/Partial Scholarships Approval – Scholarship Committee evaluates full and partial scholarship applications
This structured approach ensures a streamlined and transparent process for scholarship approvals, maintaining efficiency and accountability at each stage.
Contact Us for More Information
Modern College of Business & Science (MCBS)
📞 Contact Number: +968 24583525 Abdullah Al Shuali
📞 Contact Number: +968 24583526 Ahmed Al Rashdi
📧 Email: info@mcbs.edu.om