Generally, most schools offer generous scholarships and affordable loans.
Need-based scholarships are dependent on the financial situation of the applicant. These are usually only granted to citizens of the state. These scholarships are relatively rare, but are still a viable option for students who struggle to finance their studies. The criteria for need-based scholarships differ at each institute, but they all take into account income, savings, assets, and sometimes, familial status and its implications.
Merit-based scholarships are granted based on skills and past excellence. These talents and experience are expected to contribute to the program as a whole. These scholarships are generally only announced after an applicant is accepted into the program. From a school’s perspective, merit-based scholarships ensure that a promising applicant chooses their program over other options.
You can read more about MBA scholarships here:
https://aringo.com/mba-scholarships/ _________________
https://ARINGO.com/ – MBA Admissions Consulting
Specializing in candidates with GMATs under 720 or low GPAs
Try our free Admissions Chances Calculator -
https://aringo.com/mba-admission-chances-calculator/All statistics verified by Ernst & Young -
https://aringo.com/aringo-mba-admission-statistics/