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31 Aug 2020, 09:50
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Hi, I am an Indian candidate applying for Round 4. I really require a scholarship. The scholarship section asks for a financial planning segment,
1. Does the admissions team want to know, if one can finance the program without the scholarship? So I have to list all the sources for the arrangement of the total fee.
or
2. Does the team want to know how much scholarship I will need after I have exhausted all my resources?
I am really confused, pls help as to what I should mention in the fourth para of the scholarship essay.
1. Does the admissions team want to know, if one can finance the program without the scholarship? So I have to list all the sources for the arrangement of the total fee.
or
2. Does the team want to know how much scholarship I will need after I have exhausted all my resources?
I am really confused, pls help as to what I should mention in the fourth para of the scholarship essay.
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nileshmkumar
Joined: 19 Jan 2020
Last visit: 21 Sep 2020
Posts: 13
Given Kudos: 5
Location: Singapore
Concentration: General Management, International Business
Schools: Ivey '21 (A$) Sauder '22 (WA) Schulich(Jan) '22
GMAT 1: 680 Q49 V35
GPA: 3.99
31 Aug 2020, 17:12
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pp22794
The Ad Comm or the application wants to know an overview of how you will manage the finance, its not needed be with scholarship, moreover, you mentioning X$s doesn't assure you the X$ of scholarship
Posts: 126
31 Aug 2020, 17:26
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Hey pp22794
So in general the adcom wants to know how you will plan your finances overall (including the scholarship amt). However this is a tricky area as the larger the scholarship amount you mention the more your financing plan might look untenable. However this will also be a result of your overall profile. So if you feel you have a strong profile go for it.
Another factor is how dearly do you want the scholarship? If it is a necessity upto say X amt without which you will not be able to attend then might as well ask for it.
I used this strategy for another school wherein I felt that I needed a scholarship to go.
Posted from my mobile device
So in general the adcom wants to know how you will plan your finances overall (including the scholarship amt). However this is a tricky area as the larger the scholarship amount you mention the more your financing plan might look untenable. However this will also be a result of your overall profile. So if you feel you have a strong profile go for it.
Another factor is how dearly do you want the scholarship? If it is a necessity upto say X amt without which you will not be able to attend then might as well ask for it.
I used this strategy for another school wherein I felt that I needed a scholarship to go.
pp22794
Posted from my mobile device
