dilbert99 wrote:
Geeum wrote:
dilbert99 wrote:
To clarify, I was a rd 1 applicant and applied (unsuccessfully) for a few scholarships. Just curious if anyone on here has had any success with their scholarship application.
Hi dilbert99, same here. R1 applicant and got the email yesterday saying I wasn't getting any scholarship. A friend of mine who got in as well didn't get any either. According to the financial aid website, "Approximately 70 percent of Haas students receive some form of financial assistance, including scholarships and loans.". It would be interesting to have more details about that statistic, to me most of those 70% must be helped with loans.
hern007 wrote:
Has anyone got scholarships from Haas? They have had financial issues recently so wondering.
Hi Hern007, do you have any source backing this up ?
Geeum
Yeah I think they're very cagey on how much in scholarships they give out. My feeling is that it's qutie a bit lower than other schools. That being said, I don't think the school is having "financial issues." I wouldn't extrapolate whatever issues the state of California is having (real or imagined) to Haas.
Haas has quite a few self-supported programs. So, funding cuts to Berkeley as a whole don't usually touch Haas.
From an interview Dean Lyons did with the WSJ (
https://online.wsj.com/article/SB1000087 ... 34092.html):
"Our operating budget is about $100 million and we have a roughly $20 million line item [from the state], but we're nowhere near 20% funded. There is no public funding for the three self-supporting programs [evening and weekend M.B.A., executive M.B.A. and master's in finance], and we send the [university] 15 cents of every dollar of that revenue. When you add up those payments [as well as student fees and a 7% charge on gross revenue from nondegree executive education], our net public subsidy is zero."
"At the full-time M.B.A., we're effectively toggling from a state-supported program to a completely self-supporting program. We just renegotiated to get the financial freedom to compete [by controlling the budget]."