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Press Release

$100,000 to be Invested by NSHMBA to Help Hispanics Get Higher GMAT Test Scores

NSHMBA has allocated significant resources to better prepare Hispanics for a graduate business education as MBA programs and scholarships rely more heavily on GMAT test scores.

PR Newswire

IRVING, Texas, March 3, 2014 /PRNewswire/ --The National Society of Hispanic MBAs (NSHMBA) announced today that it is launching a new GMAT Prep Scholarship Program in partnership with Veritas Prep.

 NSHMBA Logo. (PRNewsFoto/National Society of Hispanic MBAs - National Office)

Through this program, NSHMBA plans to help increase the number of Hispanics who earn high GMAT scores and complete a graduate business education. The program will provide scholarship recipients with a choice of in-person or live online coursework from Veritas Prep's top instructors who have scored in the 99th percentile on their actual GMAT exams, 12 GMAT lesson books and a variety of additional valuable benefits designed to help the scholarship recipients achieve their highest possible GMAT scores.

"Hispanics are the largest and fastest-growing demographic in the U.S., and yet only 4% of them have completed a graduate or professional degree program, which indicates that our students continue to face persistent obstacles to the attainment of a graduate-level education," said Manny Gonzalez, CEO of NSHMBA. He added "With this new scholarship program, we aim to remove one of the biggest obstacles to an MBA for deserving Hispanic students. With our partner Veritas Prep, we will continue in our mission of getting more Hispanics accepted into their desired schools by helping them get higher GMAT scores, which are incredibly important in admission decisions."

Information about eligibility, application requirements and deadlines for the scholarship program can be found online at Diversity-minded corporations wishing to support the funding of this program may contact

About the National Society of Hispanic MBAs - The National Society of Hispanic MBAs (NSHMBA) was formed in 1988 as a non-profit organization.  NSHMBA aims to empower Hispanics to achieve their fullest educational, social, and economic potential. NSHMBA serves the Hispanic community and its constituents through a national network of 40 chapters and hundreds of community strategic partners across the United States and Puerto Rico covering 100 percent of the Hispanic community. NSHMBA is dedicated to building and advancing Hispanic leadership, advocating the pursuit of higher education and providing its members with world-class professional development and career management programs. Visit for more information.

About Veritas Prep. Veritas Prep is the largest privately-held test preparation and graduate school admissions consulting company in the World. Veritas Prep operates in more than 100 cities in 22 global countries from its Malibu, California headquarters. Veritas Prep offers SAT and GMAT test preparation. Visit for more information.

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Margaret Mckoin
The Time Group

SOURCE National Society of Hispanic MBAs

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