Scholarships at MBA from Top 10 School (realistic or not??)


brohymnal

Like many other people I would like to attend an MBA from a top school, Harvard, Stanford, Wharton, Columbia, etc.

My question is can I reasonably expect to receive a scholarship if I got into one of these prestigious schools?

I certainly can't afford the cost out of pocket and I don't want to put in the effort do max out my GMAT score and all the rest if it, if it's not realistic to expect a scholarship.

I would aim much lower if that were the case.

Like many other people I would like to attend an MBA from a top school, Harvard, Stanford, Wharton, Columbia, etc.

My question is can I reasonably expect to receive a scholarship if I got into one of these prestigious schools?

I certainly can't afford the cost out of pocket and I don't want to put in the effort do max out my GMAT score and all the rest if it, if it's not realistic to expect a scholarship.

I would aim much lower if that were the case.
quote
Duncan

No, it is not reasonable to expect that you will get a scholarship. See The sad facts about scholarships http://www.find-mba.com/board/37055

No, it is not reasonable to expect that you will get a scholarship. See The sad facts about scholarships http://www.find-mba.com/board/37055
quote
maury

That's not to say that it's not a good investment. Usually, if you get into one of these schools, you'll have a lot of options in terms of loans, because loan providers know these will have great ROIs.

That's not to say that it's not a good investment. Usually, if you get into one of these schools, you'll have a lot of options in terms of loans, because loan providers know these will have great ROIs.
quote
brohymnal

That's not to say that it's not a good investment. Usually, if you get into one of these schools, you'll have a lot of options in terms of loans, because loan providers know these will have great ROIs.

Thanks. The problem is that I already have a large amount of outstanding debt from my bachelor's degree (a top private university.) I haven't been able to pay that off and I would be really concerned about taking on another loan of $100k+.

[quote]That's not to say that it's not a good investment. Usually, if you get into one of these schools, you'll have a lot of options in terms of loans, because loan providers know these will have great ROIs.[/quote]
Thanks. The problem is that I already have a large amount of outstanding debt from my bachelor's degree (a top private university.) I haven't been able to pay that off and I would be really concerned about taking on another loan of $100k+.
quote
maury

From a lender's perspective though, it makes great sense: since in general MBAs get large salary bumps after finishing the degree, you're very likely to be able to repay any loan that they give you. And you'd be in a better position to pay off your other loans, as well.

From a lender's perspective though, it makes great sense: since in general MBAs get large salary bumps after finishing the degree, you're very likely to be able to repay any loan that they give you. And you'd be in a better position to pay off your other loans, as well.
quote

Hello,

I'm not expert in scholarship, but here is what I've found: http://www.elitepersonalfinance.com/comprehensive-guide-to-college-scholarships/

Hope that helps.

Hello,

I'm not expert in scholarship, but here is what I've found: http://www.elitepersonalfinance.com/comprehensive-guide-to-college-scholarships/

Hope that helps.
quote
Ayon

@brohymnal,

If you can get into top 5. Then apply to top 15 and mention that you have a top 5 admit - that way you may be able to bargain for a full ride. It is uncommon for top 5 to offer full scholarships.

I am sure you have explored Federal aid options? there are many credit unions as well who provide fin-aid to US citizen at a fraction of what other lenders offer.

@brohymnal,

If you can get into top 5. Then apply to top 15 and mention that you have a top 5 admit - that way you may be able to bargain for a full ride. It is uncommon for top 5 to offer full scholarships.

I am sure you have explored Federal aid options? there are many credit unions as well who provide fin-aid to US citizen at a fraction of what other lenders offer.
quote

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