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Belyok
Dear R1 admits,

Has anyone heard anything about scholarships yet?

Thank you!

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.
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Any other R2 applicants got invites? No news at all after my submission.
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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?
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Belyok
Dear R1 admits,

Has anyone heard anything about scholarships yet?

Thank you!

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.

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!
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invited. R2, in Latam.
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toiysam
invited. R2, in Latam.

Did you recieve an invite on Sunday? Where in LATAM specifically?
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It seems only there are only two reports of R2 invitations. Hopefully this means there are plenty more coming our way.
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LatinAmericanMBA
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.
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Belyok

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!

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).
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Any ideas until when will invitations be sent out? I hope that no invitation doesn't mean ding ding ding.
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LatinAmericanMBA
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.
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LatinAmericanMBA
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.
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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.
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Hope you are right. Are you from the country "East of the river"?
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LatinAmericanMBA
Hope you are right. Are you from the country "East of the river"?
Chile
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toiysam
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LatinAmericanMBA
Hope you are right. Are you from the country "East of the river"?
man, why are you so worried, you received invites from everywhere, including HBS!!!
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No I didn't... I haven't even applied. I only sent applications to Wharton and Sloan for R2. Running a bit late :S
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