PepsiCo Scholarship — Master's Scholarship

The PepsiCo Scholarship supports outstanding students admitted to a Kellogg Full-Time MBA program who have an interest or background in marketing. Kellogg School of Management at Northwestern University administers the award for study in Evanston, Illinois.

There is no separate scholarship application. Kellogg automatically considers admitted students and tells recipients about their award when they are admitted.

Benefits & funding

The scholarship helps offset the cost of a Kellogg Full-Time MBA.
Kellogg does not publish the award amount, number of recipients, coverage, or award duration.

Eligibility

Be admitted to one of the Kellogg Full-Time MBA programs.
Hold a bachelor’s degree or equivalent from an accredited institution by matriculation.
Demonstrate outstanding achievement and an interest or background in marketing.
Kellogg accepts international Full-Time MBA candidates; the scholarship page publishes no separate nationality or residency restriction.

Can you apply?

Here's who can apply

Decoded from the official rules. A free account checks them against your passport, degree and age in seconds.

Education required
Bachelor

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Application process

1
Choose one Kellogg Full-Time MBA program and create an account in the application portal.
2
Submit the MBA application, including a resume, transcripts, test scores, written essays, and two recommendations, by the selected round deadline.
3
Complete the five-question video essay within 96 hours after the application deadline.
4
Await the admission decision; scholarship recipients are notified by admissions when admitted.

Program timeline

Round 1 application deadline
September 9, 2026
Round 1 decision release and scholarship notification for recipients
December 9, 2026
Round 2 application deadline
January 6, 2027
Round 2 decision release and scholarship notification for recipients
March 24, 2027
Round 3 application deadline
March 31, 2027
Round 3 decision release and scholarship notification for recipients
May 12, 2027