Scholarship stats?

So, I'm sure we have a few new admits. Any new statistics to share? Why not make this a sticky? If this information is compiled over the years, it would really make GMATclub stick out. Many people want this info, but you can't find it anywhere on the internet. I think we should also do away with the discussions, just keep it stats only.

Here are my stats:

GPA: 2.8 top 10 state school
GMAT: 690
W/E: 1.5 start up restaurant, 1 financial analyst
Scholarship offers: Vanderbilt $40K, Rice $60K

School that offered the scholarship: Tepper
How much was offered: 12K/year (24K total) **updated

School that offered the scholarship: McCombs
How much was offered: In-state tution + 5K/year (~47K total, me being an international student)

GMAT score: 760
GPA: below 3.1
College you attended: Top 10 engineering college in my country
Work experience: more than 6 years in IT
Extras: good

There I go,

GPA: never knew how to calculate it: 33% percentile
College: ESADE
GMAT: 760.
Work Experience: 2 years business incubator, 1.5 years corporate development and administration director in a foreign country and half a year part time technical director in a Technological&Science Park and self employed consultant.
Scholarship offers: Darden Full Tuition (about 42 per year) and Carnegie Mellon 10,000 US$ per year.

I just realized I never posted my Cornell results.


School: Cornell
Amount: $22k per year
Potential Bonus: Waitlisted for Park Fellowship
(but you can't get off the waitlist unless you enroll, which I didn't do)
Stats: same as before

Any new info lately?

Very unlikely.. Scholarship decisions were made months ago. Maybe someone applied for a fellowship since then, but otherwise, what you see here, is likely what you get.

seems like a lot of people are getting full tuition at darden. wow

One potential for updates: many gmatclub students were working with the schools to get their scholarship amounts re-evaluated. Of course, once they do this, the schools say not to spread that info around, so those who managed such a re-evaluation may not have posted an update.

how you been baby? Long time no talk.

Any threads on how to go about re-evaluating scholarships? (ok, I'm getting *way* ahead of myself now )

Bear in mind that not all scholarships are awarded at acceptance. I recieved one scholarship back in March and just got another one last week.

Also, for those who do receive scholarships, be prepared to write some lengthy thank you letters to all donating parties/institutions.

Finally, you don't need stellar stats to get a scholarship. My GMAT was horrible (40 points below the mean at our school) yet I still qualified.

It's (nearly) all in the essays; really hone your craft on preparing those.

Hi Thanks for this info Matt.

What kind of things should one highlight to be considered as a scholarship candidate ?

Oh yeah, my Stats:

Age: OLD
School: DAWG TOWN
Amount: Half tuition (1st year) plus a little nugget
GPA: 3.7 from the University of Hawaii / 4.0 from Kansai University, monbusho scholar
GMAT: 640
W/E: Six years overseas

Emphasize your plans for actively getting involved in clubs/organizations. Also, it doesn't hurt to mention (if applicable) that you received an undergrad scholarship. Be sure to articulate how you best utilized those funds. I would bet hands down that's how I qualified.

I didn't do a single thing that Matt did, and I got roughly half tuition at Duke.

When you apply, just be the absolute most fabulous applicant you can be. I don't think thinking about scholarships at this point will help you to focus your application or make it better.

From the school's point of view, I think scholarships are a way of buying good candidates. The adcoms might be looking for higher GMAT averages, more women, more minorities, more people from a certain industry, etc. To be sure to get these folks to enroll, they sweeten the deal. The Park Fellowship at Cornell (full ride plus stipend plus perks) was created in large part to draw in the best possible students. In other words, it's all part of yield management.

I would also guess that adcoms might give scholarships to students for whom b-school is price elastic. In other words (for those of you who don't remember basic econ), they might be more likely to sprinkle money on a student from a low-income background. I mean, really, why throw $20k at Donald Trump's kid? But that $20k meant a lot to me. I can't imagine that that policy is written down anywhere, but it does make some sense.

As you can imagine, Montauk has a chapter!

I had some experience with this and also helped another GMATClubber, so I can tell you about one method:

Some schools don't want to hear about how broke you are. Duke is one of them. Instead, you need to tell them great stuff that might not have been in your application. I actually had to write an entire additional essay. Argh.

Other schools, you just ring 'em up, and if they like you enough, they'll throw some money at you.

Wasn't there a thread on this? I don't remember.