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jessenchester
Joined: 31 Oct 2010
Last visit: 15 Jan 2012
Posts: 23
Own Kudos:
Location: India
GMAT 1: 750 Q50 V40
GPA: 3.8
WE:Project Management (Computer Software)
13 Jan 2012, 01:54
Kudos
Bookmarks
Greetings from India.
I have admits from Cornell, UT Austin and Ross so far. I am decided on Ross. Will have 6 years of work ex in software by the time of matriculation.
Worried about financing bit after reading this thread. Have not been notified of any scholarship. Is non co-signer loan a problem at Ross?
I have admits from Cornell, UT Austin and Ross so far. I am decided on Ross. Will have 6 years of work ex in software by the time of matriculation.
Worried about financing bit after reading this thread. Have not been notified of any scholarship. Is non co-signer loan a problem at Ross?
jessenchester
Joined: 31 Oct 2010
Last visit: 15 Jan 2012
Posts: 23
Own Kudos:
Location: India
GMAT 1: 750 Q50 V40
GPA: 3.8
WE:Project Management (Computer Software)
13 Jan 2012, 01:55
Kudos
Bookmarks
On a different note, what time should one land in the campus?
I saw that the classes start around 6th September. That is quite late. Any clue on this?
I saw that the classes start around 6th September. That is quite late. Any clue on this?
13 Jan 2012, 02:52
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neosumit
.
Hey Neosumit,
I think there are 2 aspects to your dilema:
1. Choice of school (forego the $$ from Olin): I think the most important aspect of this choice is your post MBA goals. Do both Olin and Ross give you the necessary tools to achieve your goals. For example, if you want to get into consulting and are targeting McKinsey, does Mck recruit at both schools. May be they don't recruit at Olin, but do Olin alums work at Mck. If yes, get in touch with them to find out about how it worked out for them. If Olin gives you the tools - skills and connections, then go for Olin. Else, this is a no brainer (Olin = failure to meet goals).
2. Financing Ross: This question arises only if you have serious doubts about Olin's ability to further your interests. In this case, lets look at the options. Here's what I am doing:
a. Researching Co-signer loan options: I really like the Sallie Mae option ( https://www1.salliemae.com/internationa ... udents.htm ). This option allows you to release the co-signer once you start repaying the loan. So you need a co-signor until you graduate+get job+start repaying.
b. Arrange for a Co-signer: Get a US permanent resident /citizen as a co-signer and offer to pledge asets in India as a security (say a house by depositing the original deeds with a 'security agent' and creating an equitable mortgage). An old friend and colleague has agreed for the arrangement (let's say he owed me a huge favor). In any case this is an arrangement while I am out of work.
In any case dude, its time to get creative. As I strongly believe, "when the going gets though, the tough get going".
