Last visit was: 11 Dec 2024, 20:47 It is currently 11 Dec 2024, 20:47
Close
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

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Close
Request Expert Reply
Confirm Cancel
avatar
somnathbabu
Joined: 26 Jan 2015
Last visit: 18 Jul 2017
Posts: 37
Own Kudos:
Given Kudos: 2
Location: India
Concentration: General Management, Technology
GMAT 1: 710 Q48 V38
Products:
GMAT 1: 710 Q48 V38
Posts: 37
Kudos: 12
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
Admissionado
User avatar
Admissionado
Joined: 30 Nov 2009
Last visit: 26 May 2024
Posts: 9,233
Own Kudos:
Given Kudos: 69
Location: Chicago, IL
Expert reply
Schools: HBS - Class of 2005
Posts: 9,233
Kudos: 2,070
Kudos
Add Kudos
Bookmarks
Bookmark this Post
avatar
somnathbabu
Joined: 26 Jan 2015
Last visit: 18 Jul 2017
Posts: 37
Own Kudos:
Given Kudos: 2
Location: India
Concentration: General Management, Technology
GMAT 1: 710 Q48 V38
Products:
GMAT 1: 710 Q48 V38
Posts: 37
Kudos: 12
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
Admissionado
User avatar
Admissionado
Joined: 30 Nov 2009
Last visit: 26 May 2024
Posts: 9,233
Own Kudos:
Given Kudos: 69
Location: Chicago, IL
Expert reply
Schools: HBS - Class of 2005
Posts: 9,233
Kudos: 2,070
Kudos
Add Kudos
Bookmarks
Bookmark this Post
somnathbabu
JonAdmissionado
somnathbabu
Hello,

I am on a home loan and would like to pursue a full time MBA, which is when my wife shall be paying the loan installments. My questions :

1. Can a running loan be a deterrent to my eligibility for a scholarship ?
2. Can the running loan convince the admissions offices to reduce my scholarship (they might perceive this loan as a financial strength and infer that I am in lesser need of monetary support)?
3. What are the factors they consider for granting a scholarship ?

Please help. Thanks a lot.

Hey so:
1. No. Need based scholarships will be evaluated based on your income.
2. Nope
3. Usually a mix of need/merit

Yep!!!


Thank you so much !
avatar
SonaliM95
Joined: 02 Nov 2017
Last visit: 12 Nov 2019
Posts: 6
Own Kudos:
Location: France, Metropolitan
Schools: Other Schools
GMAT 1: 700 Q50 V35
GPA: 4
Expert reply
Schools: Other Schools
GMAT 1: 700 Q50 V35
Posts: 6
Kudos: 3
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Stop worrying about expensive student loans for your dream education.

Sign up with Edbridg now to get financing immediately!?

PS: You pay it back only after you get a job ?

Sign-up for first batch started, limited seats available so hurry up!

www.edbridg.com

Posted from my mobile device