Sloan 2012 - Calling MBA All Applicants

Radio silence over here. I received my welcome packet and there's no mention of $$, so my hopes are not high. That said, I confirmed with several current students that scholarship/fellowships for first years are rare. The Sloan approach is different in that they offer well-paid TA positions for those that want/need financial assistance. These positions are mostly open to second year students - and some for 2nd semester first years. Also, there are merit scholarships for second year students who do well academically the first year. While this requires a bit more work on our parts, this system makes a lot of sense and seems fair.

Any other R2 applicants got invites? No news at all after my submission.

Since R2 invites have already started rolling out, is it bad to have not heard at all from the school till date?
Is there hope if I still haven't heard?
Are the interviews rolled out before dings?

Anyone else stunned by the silence?

Hi purpleshirt,

I know that scholarships are quite rare, but I ticked the "consider me for scholarships" box, so am still keeping fingers crossed - who knows! =)
As for the TA positions, I know they pay around 18K/year. You would probably agree that's not the amount that really help to pay off the debt, and the competition to get one is said to be really tough.

I also heard that there is 30% tax on all scholarships in the US. Do you know if this is true?

Thanks!

invited. R2, in Latam.

Did you recieve an invite on Sunday? Where in LATAM specifically?

It seems only there are only two reports of R2 invitations. Hopefully this means there are plenty more coming our way.

by the time i registered, there were about 16 occupied slots in my city. it is with an adcom.

Hey Belyok,
Definitely best wishes for receiving scholarships! Sure, $18K is not the king's ransom but it's also not a drop in the bucket. Every little bit helps, right? I heard the competition is hard for the best paying positions but there are enough opportunities for everyone. Re tax, yes - there is a 30% tax for non-citizens, but it seems like it can be reduced to 14%? I'm not sure about these things though.

https://www.irs.gov/businesses/small/int ... 49,00.html
In general, the taxable portion of a scholarship or fellowship paid to a NONRESIDENT ALIEN is subject to Federal income tax withholding at the rate of 30%, unless the payments are exempt from tax under the Internal Revenue Code or a tax treaty. However, payees who are temporarily present in the United States in F-1, J-1, M-1, Q-1, or Q-2 nonimmigrant status are subject to a reduced 14% withholding rate on the taxable portion of the grant because such individuals are considered to be engaged in a U.S. trade or business under Internal Revenue Code section 871(c).

Any ideas until when will invitations be sent out? I hope that no invitation doesn't mean ding ding ding.

frankly speaking, i dont think they will send more invites for people in my country. Where do you live in latam.

Mexico. You? Btw, I am asking about R2.

yes R2, man, frankly i think you are alright, i am from the southest country in latam, so i think they will interview at our neighbour country next if they havent already, then start moving north. it makes sense. I dont know, it is just speculation.

Hope you are right. Are you from the country "East of the river"?

Chile

man, why are you so worried, you received invites from everywhere, including HBS!!!

No I didn't... I haven't even applied. I only sent applications to Wharton and Sloan for R2. Running a bit late :S