INSEAD Scholarship Process

Question

Hi guys,

Looking for some guidance. I got shortlisted for the interviews (completed both!) and was sent a form to submit applications for the scholarships by the 23rd. I noticed that they ask if you're planning to take a loan and then list the amount and interest rate. I definitely will have to take a loan but was waiting for the decision to come first and see the scholarship amount if offered, and then consider my options.

So should I be checking the yes box and decisively putting an amount, or should I check it no? Would appreciate any insight! Thanks so much.

MBAGuide · Answer

Hi  megha1997  , it would be better for you to candidly mention how much loan you would have to take if you get no scholarship at all.
For such high academic fee and living expenses , one anyway plans finances before any scholarships are offered. Even if you do not get a loan from one of the partner scholarship programs you apply too, there are very high chances that as an Indian female applicant, you would still get some scholarship from INSEAD's own scholarship fund.

PS: I am an INSEAD scholarship holder

Best wishes

dragosflo · Answer

I went with the amount I would have needed considering no scholarship.

Be honest and don't overthink it, but do make notes and try to be consistent with the figures 👌

Posted from my mobile device

icarus77 · Answer

Got it, Thanks so much for the advice!

Posted from my mobile device

YonuZikky · Answer

I don't think you should get your hopes up for a future scholarship. If you're already certain you'll be taking out a loan for your studies or living expenses, you had better say so in the box provided. I read about the INSEAD scholarship programs even at https://ukrunnings.co.uk/ . Definitely, it's quite a lucrative offer. But I'd consider the cost of living in the UK if I were you, you know. The prices there are quite high. Things got even more expensive after Brexit, so don't forget that. Specify the optimal loan amount you want to take so that the university administration knows your intentions. Good luck with your admission. I hope everything works out great for you.

bb · Answer

INSEAD Scholarship Process

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