Events & Promotions
|
|
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
May 2110:00 AM EDT
-10:30 AM EDT
Most candidates submit a resume built for a recruiter. Admissions committees are reading for something else entirely. This session covers what adcoms actually evaluate, where strong candidates lose ground before a single essay is written, and why...
May 2208:30 AM PDT
-09:00 AM PDT
Get the inside scoop on what makes Emory’s Goizueta Business School great and how you can present a strong MBA application. Explore the difference between our One-Year MBA and Two-Year MBA programs, talk to our admissions team, and meet students.
May 2203:00 PM EDT
-04:00 PM EDT
The old MBA recruiting playbook is dead. Here’s how top admits are getting ahead this summer.
May 2308:00 PM PDT
-09:00 PM PDT
Inquire for a free profile evaluation and guarantee statement for possible admits and scholarships!
May 2910:00 AM PDT
-11:00 AM PDT
Download the MBA Launchpad App, for FREE access to the largest MBA database - Data backed read on your profile - Identify gaps before you apply - Build a balanced school list - Track your deadlines - Mock interviews - Extensive content library
Jun 1006:00 AM PDT
-06:15 PM PDT
Register for the GMAT Club Virtual MBA Spotlight Fair – the world’s premier event for serious MBA candidates. This is your chance to hear directly from Admissions Directors at nearly every Top 30 MBA program..
londoncalling1
19 Jan 2013, 03:50
Kudos
Bookmarks
Hi guys,
Have been trying to research this but can't find any concrete answers, so apologies if this is already on the boards somewhere!
Does anyone know if MBA scholarships, if they exceed the amount of tuition, can ever be applied to the cost of living/housing/books etc while in grad school? Tuition is high of course, but living costs might be another $20-30k at least on top of that. Obviously not having to pay for tuition would be amazing on it's own, but I'm applying for a lot of scholarships from different sources and I was wondering if I did somehow manage to exceed the tuition costs if that might help me cover non-academic costs during my two years at school.
This is more to help me decide how many scholarship applications to send, rather than a strategy to get more money
Thanks in advance for any feedback!
Have been trying to research this but can't find any concrete answers, so apologies if this is already on the boards somewhere!
Does anyone know if MBA scholarships, if they exceed the amount of tuition, can ever be applied to the cost of living/housing/books etc while in grad school? Tuition is high of course, but living costs might be another $20-30k at least on top of that. Obviously not having to pay for tuition would be amazing on it's own, but I'm applying for a lot of scholarships from different sources and I was wondering if I did somehow manage to exceed the tuition costs if that might help me cover non-academic costs during my two years at school.
This is more to help me decide how many scholarship applications to send, rather than a strategy to get more money
Thanks in advance for any feedback! 
cheetarah1980
19 Jan 2013, 10:51
Kudos
Bookmarks
It depends on several factors. First, each school has rules on how much scholarship money a student can receive. At some schools scholarships (both school awarded and outside combined) cannot exceed the cost of tuition. In the case that you receive a school awarded scholarship and another outside scholarship that exceeds tuition costs then your school award will be reduced.
Some schools offer a very limited number of full-tuition fellowships that include an additional stipend. Consideration for these awards will differ by school (i.e. requiring an additional application or not).
The biggest factor in determining if outside scholarship money can be used for living expenses is if the money goes to the student or the university. Some scholarships are sent directly to the school while others go to the student. If the money goes to you then you typically can use it as needed to cover books, student fees, and living expenses, if needed. These awards are great for students who have a full-scholarship but are looking to offset the additional costs beyond tuition.
Hope this helps.
Some schools offer a very limited number of full-tuition fellowships that include an additional stipend. Consideration for these awards will differ by school (i.e. requiring an additional application or not).
The biggest factor in determining if outside scholarship money can be used for living expenses is if the money goes to the student or the university. Some scholarships are sent directly to the school while others go to the student. If the money goes to you then you typically can use it as needed to cover books, student fees, and living expenses, if needed. These awards are great for students who have a full-scholarship but are looking to offset the additional costs beyond tuition.
Hope this helps.
19 Jan 2013, 11:19
Kudos
Bookmarks
I agree with everything cheetarah1980 has said, another important factor is your location even if you're getting Scholarship. Obviously, in big cities the cost of living is higher and it drains your financial resources a lot more. On the flip side, sometimes you don't have to invest for travelling to career fairs (usually organized in big cities) and you can save some Money there.
