ps97 wrote:
Hi guys, needed some financial aid advice. I was fortunate enough to be admitted into Wharton (with ~40% tuition fellowship) and into HBS. From what I can understand, even if I apply for fin aid at HBS right away I won't hear back 3-5 weeks - is that accurate? I am very much leaning toward HBS but am worried because there is a significant amount of $$ involved and Wharton is also actually a great fit for me. Any idea how I can navigate this situation and figure out how to compare my full financial package at both schools - would you suggest I speak with the fin aid office and see what can be done?
Would really appreciate any thoughts!!
Hey,
Just go give you a rough idea, if you made ~$65K/year (gross) on average over the last 3 years, you will get somewhere around $25-30K/year in HBS Fellowships. This is a general rule of thumb and will differ (drastically in some cases) for different people. However, if your circumstances are not extremely unique, I think it is safe to expect this range.
This turns out to be more than 50% of tuition each year. Hope this helps!