Find all School-related info fast with the new School-Specific MBA Forum

It is currently 24 Jul 2014, 04:21

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

What does a statement of financial need look like?

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
Current Student
avatar
Joined: 24 Jan 2010
Posts: 151
Location: Canada : Ontario : Toronto
Schools: Schulich class of 2012
Followers: 9

Kudos [?]: 41 [0], given: 2

What does a statement of financial need look like? [#permalink] New post 04 Mar 2010, 23:50
A school I've been admitted to has asked me to write a statement of financial need, and I have no clue what these usually look like.

How much detail do you go into? How long should they be? What should the tone be? Should it be structured like a letter, or an admissions essay? Should there be point form content?

Any help is greatly appreciated!
Current Student
User avatar
Joined: 04 Nov 2008
Posts: 254
Schools: Booth 2012
Followers: 4

Kudos [?]: 71 [0], given: 12

GMAT Tests User
Re: What does a statement of financial need look like? [#permalink] New post 04 Mar 2010, 23:51
You should just ask them. You're already admitted... they aren't going to kick you out! :-)
1 KUDOS received
Senior Manager
Senior Manager
User avatar
Joined: 01 Feb 2007
Posts: 467
Location: Silicon Valley via Russia, China, Canada and Wharton/Lauder
Schools: Wharton/Lauder (Mandarin Chinese)
Followers: 9

Kudos [?]: 52 [1] , given: 8

GMAT Tests User
Re: What does a statement of financial need look like? [#permalink] New post 05 Mar 2010, 00:36
1
This post received
KUDOS
A document outlining your needs for two years vs. your abilities.

I would include a detailed budget for the time you will spend in school, and a statement of what portion of that would be covered by your savings, stipends, grants etc that you have secured. Then make a pitch on how much money you need to cover the rest.

Make sure you budget things like your health insurance, transport, travel, books, etc. If you have children/spouse - they get special treatment in your statement as they are usually viewed as an extra burden.
_________________

Rukuku.com–Interactive Online Courses
http://www.rukuku.com

Wharton/Lauder blog
http://www.onefootprint.com/lauderwharton/

Get the best GMAT Prep Resources with GMAT Club Premium Membership

Re: What does a statement of financial need look like?   [#permalink] 05 Mar 2010, 00:36
    Similar topics Author Replies Last post
Similar
Topics:
1 Experts publish their posts in the topic How does an email confirmation look like - PLEASE HELP sudhamini 1 09 Jun 2014, 05:52
Looking for etextbook "Financial Statements" by Ittelson Nikita06 0 22 Aug 2013, 05:54
Experts publish their posts in the topic What does everyone like drinking? vwjetty 34 22 Jan 2012, 16:49
This is what a 790 gmatprep look like gmatnub 6 21 May 2008, 19:17
What do hard Quantitative Q look like? IHATEMELGIBSON1 3 03 Feb 2007, 12:17
Display posts from previous: Sort by

What does a statement of financial need look like?

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.