Last visit was: 28 Apr 2026, 17:32 It is currently 28 Apr 2026, 17:32
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.
Close
Request Expert Reply
Confirm Cancel
User avatar
SKaur3
Joined: 12 Aug 2023
Last visit: 08 Jan 2026
Posts: 102
Own Kudos:
Given Kudos: 95
Location: India
GMAT Focus 1: 675 Q87 V83 DI81
GPA: 8.5
GMAT Focus 1: 675 Q87 V83 DI81
Posts: 102
Kudos: 19
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
Zosima08
User avatar
Cornell Moderator
Joined: 18 Mar 2024
Last visit: 17 Mar 2026
Posts: 342
Own Kudos:
Given Kudos: 222
Location: United States
GMAT Focus 1: 645 Q80 V84 DI81
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
m7runner
User avatar
Kellogg School Moderator
Joined: 15 May 2023
Last visit: 26 Apr 2026
Posts: 395
Own Kudos:
Given Kudos: 93
Location: India
GRE 1: Q166 V159
GPA: 7.03
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
SKaur3
Joined: 12 Aug 2023
Last visit: 08 Jan 2026
Posts: 102
Own Kudos:
Given Kudos: 95
Location: India
GMAT Focus 1: 675 Q87 V83 DI81
GPA: 8.5
GMAT Focus 1: 675 Q87 V83 DI81
Posts: 102
Kudos: 19
Kudos
Add Kudos
Bookmarks
Bookmark this Post
has anyone uploaded anything else?
User avatar
RJ3001274402
Joined: 04 Feb 2023
Last visit: 23 Apr 2026
Posts: 41
Own Kudos:
Given Kudos: 39
Status:Active
GMAT Focus 1: 705 Q88 V85 DI82
Products:
GMAT Focus 1: 705 Q88 V85 DI82
Posts: 41
Kudos: 23
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Hi
can anyone help me with this question in the app. I'm planning to fund the cost through loan+savings:

If offered admission, can you or a sponsor provide documentation for liquid assets equal to or greater than the annual cost of attendance?

Response Yes or No
User avatar
nileshsingh001
Joined: 11 Jun 2025
Last visit: 23 Nov 2025
Posts: 53
Location: India
GMAT Focus 1: 675 Q90 V79 DI82
GPA: 3.36
GMAT Focus 1: 675 Q90 V79 DI82
Posts: 53
Kudos: 0
Kudos
Add Kudos
Bookmarks
Bookmark this Post
+1
User avatar
WA@wov2669
User avatar
WhatsApp Bridge
Joined: 28 Jan 2025
Last visit: 24 Oct 2025
Posts: 35,539
Own Kudos:
Posts: 35,539
Kudos: 1,789
Kudos
Add Kudos
Bookmarks
Bookmark this Post
This post came through our private GMAT Club WhatsApp Group.
Join the WhatsApp Community or Log in to view the full message.
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Is there a grace period for the LOR post the deadline?
User avatar
m7runner
User avatar
Kellogg School Moderator
Joined: 15 May 2023
Last visit: 26 Apr 2026
Posts: 395
Own Kudos:
Given Kudos: 93
Location: India
GRE 1: Q166 V159
GPA: 7.03
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Quote:

*RJ3001274402 writes:*
Hi
can anyone help me with this question in the app. I'm planning to fund the cost through loan+savings:

If offered admission, can you or a sponsor provide documentation for liquid assets equal to or greater than the annual cost of attendance?

Response Yes or No
Hi! What about this question do you need help with?
User avatar
Zosima08
User avatar
Cornell Moderator
Joined: 18 Mar 2024
Last visit: 17 Mar 2026
Posts: 342
Own Kudos:
Given Kudos: 222
Location: United States
GMAT Focus 1: 645 Q80 V84 DI81
Kudos
Add Kudos
Bookmarks
Bookmark this Post
RJ3001274402
Hi
can anyone help me with this question in the app. I’m planning to fund the cost through loan+savings:

If offered admission, can you or a sponsor provide documentation for liquid assets equal to or greater than the annual cost of attendance?

Response Yes or No
Just respond yes to this question. We had this discussion earlier in the chat. Let me forward some replies from earlier

Zosima08
I had similar thoughts xD. I think most people will be taking loans if admitted, unless they get full rides or major scholarships. That being said, I think the answer to your question is “yes.” It really just hints at your ability to secure a loan and demonstrate financial capacity.

These questions don’t affect scholarships, since those are merit-based at most schools. Cornell (like other U.S. programs) knows that the majority of international students rely on loans plus some personal funds. They don’t expect you to have the entire tuition sitting in cash right now. Typically, schools only require financial documentation after you accept admission, and that’s mainly for the I-20/visa process.
Here is one

bb
This is actually a very common question.

I think this has to do something with immigration rules or something stupid like that. I think this is to avoid people coming to the US without money and expecting to work to pay for tuition. This is a leftover question from the 80s.

For years years AdCom used to ask this question before you even applied so if you did not have the assets, you weren’t supposed to apply 😳

You can ignore this. The scholarships are as mentioned about your merit and not affluence.

And as mentioned this doesn’t include loans and other vehicles so technically everyone should be saying yes I’ll be able to pay for it with a combination of loans and savings and scholarships and whatever.
here is another one
User avatar
m7runner
User avatar
Kellogg School Moderator
Joined: 15 May 2023
Last visit: 26 Apr 2026
Posts: 395
Own Kudos:
Given Kudos: 93
Location: India
GRE 1: Q166 V159
GPA: 7.03
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Quote:

*RJ3001274402 writes:*
Hi
can anyone help me with this question in the app. I'm planning to fund the cost through loan+savings:

If offered admission, can you or a sponsor provide documentation for liquid assets equal to or greater than the annual cost of attendance?

Response Yes or No
I believe these are required for the I-20 form. I could be mistaken.
User avatar
Zosima08
User avatar
Cornell Moderator
Joined: 18 Mar 2024
Last visit: 17 Mar 2026
Posts: 342
Own Kudos:
Given Kudos: 222
Location: United States
GMAT Focus 1: 645 Q80 V84 DI81
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Quote:

Is there a grace period for the LOR post the deadline?
Officially there is not grace period. To be safe it is suggested to have it submitted before deadline. But if it’s a few days late, I doubt they will not consider your application.
User avatar
WA@zvd156
User avatar
WhatsApp Bridge
Joined: 28 Jan 2025
Last visit: 24 Oct 2025
Posts: 35,539
Own Kudos:
1,789
 [1]
Posts: 35,539
Kudos: 1,789
 [1]
1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
This post came through our private GMAT Club WhatsApp Group.
Join the WhatsApp Community or Log in to view the full message.
User avatar
WA@wov2669
User avatar
WhatsApp Bridge
Joined: 28 Jan 2025
Last visit: 24 Oct 2025
Posts: 35,539
Own Kudos:
Posts: 35,539
Kudos: 1,789
Kudos
Add Kudos
Bookmarks
Bookmark this Post
This post came through our private GMAT Club WhatsApp Group.
Join the WhatsApp Community or Log in to view the full message.
User avatar
Zosima08
User avatar
Cornell Moderator
Joined: 18 Mar 2024
Last visit: 17 Mar 2026
Posts: 342
Own Kudos:
Given Kudos: 222
Location: United States
GMAT Focus 1: 645 Q80 V84 DI81
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Guys, don’t hesitate to keep posting your questions here, even if they have been asked before.

We are at the finish line for R1, just a little bit left! Keep pushing! 💪

Also just fyi, you will have access to pdf file of your submission so you don’t have to remember or copy everything you fill out.
Not every school offers this feature so it is nice.
User avatar
vj07
Joined: 29 May 2017
Last visit: 21 Jan 2026
Posts: 75
Own Kudos:
Given Kudos: 9
GMAT Focus 1: 605 Q79 V81 DI80
GMAT Focus 1: 605 Q79 V81 DI80
Posts: 75
Kudos: 9
Kudos
Add Kudos
Bookmarks
Bookmark this Post
So for the documentation regarding liquid assets, even if we don't have the assets and are planning to find it through loans it is recommended to answer yes?
User avatar
Zosima08
User avatar
Cornell Moderator
Joined: 18 Mar 2024
Last visit: 17 Mar 2026
Posts: 342
Own Kudos:
Given Kudos: 222
Location: United States
GMAT Focus 1: 645 Q80 V84 DI81
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Could you pls share the exact question?
All financial information they ask doesn’t affect you application, so don’t worry about it much. If you have 0$ saved and plan to take a line that’s totally normal. 90% of the people rely fully on loan. It also won’t affect scholarships, everyone is considered for merit-based.
User avatar
vj07
Joined: 29 May 2017
Last visit: 21 Jan 2026
Posts: 75
Own Kudos:
Given Kudos: 9
GMAT Focus 1: 605 Q79 V81 DI80
GMAT Focus 1: 605 Q79 V81 DI80
Posts: 75
Kudos: 9
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Quote:

*Zosima08 writes:*
> Hi
> can anyone help me with this question in the app. I’m planning to fund the cost through loan+savings:
> If offered admission, can you or a sponsor provide documentation for liquid assets equal to or greater than the annual cost of attendance?
> Response Yes or No
Just respond yes to this question. We had this discussion earlier in the chat. Let me forward some replies from earlier
It was regarding this same question and my situation is also similar.

If we do answer yes then will they be asking for any documents regarding this to verify if we do have the liquid assets?
User avatar
Zosima08
User avatar
Cornell Moderator
Joined: 18 Mar 2024
Last visit: 17 Mar 2026
Posts: 342
Own Kudos:
Given Kudos: 222
Location: United States
GMAT Focus 1: 645 Q80 V84 DI81
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Quoting BB here:

"This questions this has to do something with immigration rules or something stupid like that. I think this is to avoid people coming to the US without money and expecting to work to pay for tuition. This is a leftover question from the 80s.

For years years AdCom used to ask this question before you even applied so if you did not have the assets, you weren’t supposed to apply 😳

You can ignore this. The scholarships are as mentioned about your merit and not affluence.

And as mentioned this doesn’t include loans and other vehicles so technically everyone should be saying yes I’ll be able to pay for it with a combination of loans and savings and scholarships and whatever."

Quote:

If we do answer yes then will they be asking for any documents regarding this to verify if we do have the liquid assets?
Once admitted, yes you will need to show proof that you can pay for your tuition. But the source of money, whether your savings or loan, doesn’t matter
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Hi everyone, I am new to the group and wanted to check with your guys. For GRE how I should decide initially which school I should mark at the end so school receive the official test score. And as per my understanding, beyond 4 schools if we are requesting official test score directly from ETS, it is going to charge, therefore I am not able to decide on this part. Moreover with 331 GRE which college I should target for MBA, where I have the probability of getting chance. Profile - 8 years of exp, 7 years in Risk & compliance and 1 year as a product manager. BSC in Computer application and mathematics followed by an distance learning MBA.
   1  ...  17   18   19   20   21  ...  197