prasundps5
Does filling financial Aid form have any effect on admissions?
Hey,
prasundps5To be very honest, this is a bit of a complicated question. It depends a lot on the B-school; for example, at HBS, students can fill out the financial aid application after they are admitted to their MBA program. Moreover, applying for financial aid doesn't relate to whether or not a student gains admission. Usually, Adcoms don't simply look at the fact that you are applying for financial assistance, assume that you need this, review your application based on your merits, and If you're a good candidate, they just put your name on the list.
Things are slightly different if you are applying to a business school that has a very strict limit on the financial aid you can receive. Who would they be most likely to give it to? In such cases, they will consider your ability to pay when making admission decisions. This means that if you don't have good grades and other achievements, your financial need could hurt your chances of getting in. Students with better grades and achievements are more likely to receive aid.
I hope this helps!
Cheers!
Abhyank
Founder & CEO
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