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Not seeking scholarship money help chances? [#permalink]
 26 Apr 2011, 06:39
I searched and couldn't find anything on this topic. Simply put, I know i'm not scholarship material, and I'm fine with that. 650 gmat, 3.2 GPA, small state school. If the schools I apply to know I'm not needing financial assistance does this make their decision easier? or my chances better? and I'm not talking about top 10 mba schools, maybe Georgetown and above... Thanks.
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Re: Not seeking scholarship money help chances? [#permalink]
26 Apr 2011, 07:07
Do you mean you're going to tell a school not to give you money? It doesnt matter....think about it they dont know how youre gonna pay for it at application time. At most schools you are automatically considered for scholarships, plenty of people get in without money. Dont tell them not to give you one. If you are an international student than its different. Does that answer your question? if not can you be a little more clear?
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Re: Not seeking scholarship money help chances? [#permalink]
26 Apr 2011, 07:09
waffle808 wrote: I searched and couldn't find anything on this topic. Simply put, I know i'm not scholarship material, and I'm fine with that. 650 gmat, 3.2 GPA, small state school. If the schools I apply to know I'm not needing financial assistance does this make their decision easier? or my chances better? and I'm not talking about top 10 mba schools, maybe Georgetown and above... Thanks. I would sincerely doubt it - most, if not all, schools are need blind when they assess a candidate. How would you even convey that information to the adcom? Do you think that schools are more concerned about their bottom line than their rankings and reputation? This might be the case for the University of Phoenix (a for-profit institution) but for any respected university I would be shocked if this played into their decision at all. The only way I could see money playing any part in your admissions decision is if your last name is Bush, Kennedy, Trump, Al-Maktoum or some other high-powered, super-wealthy family but otherwise I can't see that coming into the equation at all.
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Re: Not seeking scholarship money help chances? [#permalink]
26 Apr 2011, 07:17
no, that answers my question. If the schools even allow you to ask how much or any money you want/need. I just didn't want to put myself in a position where I checked off yes I need some money and then they see my scores and are insulted that i would even ask, and have this hurt my chances.
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Re: Not seeking scholarship money help chances? [#permalink]
26 Apr 2011, 07:23
oh ok cool, and for what its worth, they could give a scholarship with those numbers if you fit a demographic or any other reason. Sometimes there is a box, Check it and see what happens. For reference I have a half ride at a top 20 and you gpa KILLS mine, but I have a 720 gmat. I think apps are down, its a private school with a sick endowment and they may be scrambling to fill the class. I was offered nothing, then asked for an extension and shortly after that given the $$ If I had signed on at the deadline I wouldn't have gotten anything.
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Re: Not seeking scholarship money help chances? [#permalink]
26 Apr 2011, 07:23
I think the main thing that does have an impact is if you're sponsored by a company and that company is footing the MBA bill.
Not only do they know that you need no scholarship money, you're a guaranteed +1 to their employment stats and since you won't be actively recruiting during your time at B-school, you'll probably be more active in clubs...or at the very least, not compete against the other students.
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Re: Not seeking scholarship money help chances? [#permalink]
26 Apr 2011, 07:24
waffle808 wrote: no, that answers my question. If the schools even allow you to ask how much or any money you want/need. I just didn't want to put myself in a position where I checked off yes I need some money and then they see my scores and are insulted that i would even ask, and have this hurt my chances. To clear up the scholarship process a bit - a lot of schools automatically consider you for scholarships. And, from talking to other people going to schools this year, most schools will throw you at least a little something if you get in. Some schools require a separate scholarship process (Dartmouth required an extra essay and financial info) before you're accepted, some have the process start only after you've been accepted, and some automatically consider everyone. The full-tuition fellowships or other big $ scholarships typically require extra steps - in terms of essays, interviews or some other screening - . But, again, for the smaller scholarships, many schools will automatically consider you. (Also % of students receiving financial aid is a component of some rankings so schools do have some incentive to throw you a bone) Hope this helps, good luck applying
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Re: Not seeking scholarship money help chances?
[#permalink]
26 Apr 2011, 07:24
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