Updated: Monday, July 27th, 2009

One of the best ways to launch a successful business careers is to attend a top business school, and a new scholarship initiative may help students fulfill their dreams.

The funding was announced by the National Institute of Business Grants (NISBG), an internet-based global network of contributors who gather information and resources relevant to those seeking business grants.

Winners will be able to use the money towards the costs of tuition and books, and students majoring in a variety of business fields including marketing, advertising, accounting and human resources are eligible to apply.

In addition to that, interested candidates should be U.S. residents and plan to attend a school in the country. The deadline for submitting the application is August 3, and a winner will be selected by the end of September.

The availability of this and other financial aid options will be welcome news to those interested in pursing a business career and earning more money. According to Pay Scale.com, a research company, average salaries for holders of MBA degrees ranged from $73,510 to $171,583 in 2008, depending on the field, position and years of experience.

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