Financial Aid Advice

In a follow-up to our Admissions Tip “Should MBA Scholarship Money Impact Your Choice of Business School?” earlier this week, we explore how to negotiate a scholarship for business school. When decisions are released, excitement among the applicant pool can be palpable. After months of hard work and significant introspection, many candidates are rewarded with offers from their dream programs. Some of those offers come with scholarships; money that helps defray the significant financial burden of taking two years away from work, while also paying considerable tuition costs and living expenses. If Only My Top-Choice Had Read more

Partner Content We asked our friends at Juno to share their wisdom on financing the MBA. Nicolas Echegaray, Wharton MBA 21’ and Juno’s General Manager, shared the following to help recent MBA Admits better prepare for their upcoming programs. If you haven’t done so already, consider joining Juno’s MBA student loan negotiation group (free and no commitment). We use group bargaining power to get the best deal possible on your student loans! Join here for early member benefits. What to Consider When Financing Your MBA in 2024 Nicolas Echegaray By Nicolas Read more

MBA Student Interview: Columbia Business School Juno’s MBA Student Interview Series aims to bring transparency to the MBA application process. In these student interviews, we’ll talk with MBA students about their paths and decision-making process. The subject of this piece has asked to remain anonymous, so we’ll refer to them as John. Deciding on an MBA For John, financing is playing a big role in his decision-making process. After receiving need-based scholarship from Columbia Business School, he was able to commit to program, which was also his top MBA choice. “From Columbia, I received about 75% of my tuition, Read more

Sponsored Content Apply for refinancing now” and “save over $20,000* through refinancing As an international MBA graduate you worked hard to get into the right school, get the MBA to set you apart from your peers, and then to land the job you’ve always dreamed of. You’re on track to a lucrative professional career. The catch? You likely spent thousands to get where you are. And now you’ve got years worth of student debt holding you back from starting the life you want. The answer seems simple: just refinance your student loan. But unfortunately, for immigrants living and working in a new home country, your refinance options are going to be limited. Your domestic peers have opportunities to suit their needs but you’ve been held back because of your visa status. Fortunately that’s about to change. You can save thousands of dollars by refinancing your student loan with the introduction of international lenders like Prodigy Finance. International lenders are focused on breaking down the traditional challenges of cross-border lending to give more people the opportunity to access financial independence. How refinancing your international student loan can save you money Read more

Join Clear Admit and CommonBond for this free live chat session on June 12th. Questions about applying for an MBA loan? Not sure whether to apply for Federal or Private loans for b-school? Wondering how much you should take out for b-school? Register below and login on June 12th for the opportunity ask any and all questions about the MBA student loan process Keith Babich, CommonBond’s Director of Campus Relations, will be available to assist you with your questions and concerns throughout the session. Tuesday, June 12, 2018 10:00 a.m. ET Can’t Make It? Don’t worry! Sign Read more

Are you heading off to school this fall and beginning to tackle the big issue of how to pay for it? If so, you’re in luck! We’ve just made the ‘financing the MBA’ webinar we conducted with our friends at CommonBond available online – and we highly recommend that you give it a listen. You could save yourselves a lot of headaches and some cash along the way. The webinar highlighted: How to factor in the full cost of attendance that students can expect What funding options are available How to choose a loan that is right for each student Next steps Read more

In our previous post on financing your MBA, we covered loan programs for MBA students from the United States. Today, we’ll take a look at loans through the lens of international students, who face some different restrictions but who are also eligible for special programs tailored to their unique requirements. By law, federal loans can only be distributed to U.S. citizens or permanent residents. This means that international students must put extra work into finding financial aid and loan programs to support their education if they choose to pursue a U.S. MBA program. Read more

Moving right along in our multi-part series on financing your MBA, we’ll take a look today at some of the options prospective MBA students have for obtaining loans to finance their time at business school. For the purposes of this post, we will focus primarily U.S. MBA student loan programs. International students, stay tuned for subsequent posts that will go into greater detail about loan programs tailored for your needs. Of course, because loans must ultimately be repaid—unlike scholarship or fellowship aid—deciding how much you should borrow is as important as understanding how much you can borrow. To make an Read more

In the first of our multi-part series on financing your MBA, we took a look last week at the costs involved in attending a top-tier business school. Now, with a better handle on how much money you’ll need, let’s start looking at where that funding will come from. Students typically rely on a mixture of savings, fellowships and scholarships, employer or outside assistance, and loans to meet the cost of an MBA program. According to the GMAC 2017 Prospective Student Survey, the most recently surveyed group of prospective students expected to finance almost half their education Read more

As more and more of you are receiving your admissions results from all your hard work during the MBA application process, we wanted to turn our attention to how you’ll manage financing your MBA. If you’ve got a spare couple hundred thousand dollars in your bank account, then you can probably skip this series. For everyone else, read on. In this post and a handful to follow, we’ll provide a broad overview of the various costs a typical MBA student faces and the types of funding opportunities currently available. Down the line, we’ll take a closer look at the financial aid processes at Read more

This post has been republished in its entirety from its original source, metromba.com. Increase in Indian MBA Students It shouldn’t be a surprise to anyone that top MBA programs are being flooded with applications from Indian candidates. According to the Graduate Management Admission Council, the number of Indians taking the GMAT increased by nearly 20 percent from 2010 to 2012, and more than half of those GMAT scores were sent to American business schools. In fact, from 2012 to 2013 a total of 25,268 Indians took the GMAT, third in the world behind the United States (90,541) and China (53,005). Read more