Events & Promotions
|
|
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Apr 2310:00 AM EDT
-10:30 AM EDT
Admissions committees evaluate the GMAT/GRE in context — your background, your representation in the applicant pool, the strength of everything else in your file. The same score works for one candidate and falls short for another with identical numbers.
Apr 2312:00 PM PDT
-01:00 PM PDT
Inquire for a free profile evaluation and guarantee statement for possible admits and scholarships!
Apr 2408:30 PM IST
-09:30 PM IST
Join us for a Live Coffee chat with Jenifer Turtschanow where we talk about enhancing your MBA profile and fixing gaps in just 4 months.
Apr 2511:00 AM EDT
-01:00 PM EDT
Looking to secure a coveted spot at a top business school? Our team of seasoned MBA admissions consultants, including top B schools alumni and industry leaders, is here to help turn your dreams into reality. Let’s kick-start your journey to success!
09 Jan 2022, 10:24
Kudos
Bookmarks
Hi everyone, Fortunate to have got an admit to one of US' top 10 MBA programs. I'm an international with limited savings and no trust fund, and have a medical issue that could flare up. (The last significant flare up was 7 years back, but have had minor episodes 2 more time in these 7 years)
While $$$($) would significantly ease the B-School experience for anyone, I keep dreading a situation where I'll be stuck with a massive loan while I'm sick. Would be immensely helpful to hear any tips to write a compelling need based essay that could increase my odds.
Stats:
27F, undergrad from domestic top 5, 760 GMAT
6y WE - 3.5Y in IB, 1Y in VC, 1.5Y startup
Thanks a lot!
While $$$($) would significantly ease the B-School experience for anyone, I keep dreading a situation where I'll be stuck with a massive loan while I'm sick. Would be immensely helpful to hear any tips to write a compelling need based essay that could increase my odds.
Stats:
27F, undergrad from domestic top 5, 760 GMAT
6y WE - 3.5Y in IB, 1Y in VC, 1.5Y startup
Thanks a lot!
09 Jan 2022, 10:57
Kudos
Bookmarks
I have a few ideas. Let me organize then a bit and I will reply later on today. Thx!
Posted from my mobile device
Posted from my mobile device
09 Jan 2022, 16:10
Kudos
Bookmarks
Hi. Congrats on your admits.
Have a few recommendations. Some are more generic and others are perhaps more specific to this case:
1. Show that you have done the work and exhausted other options. Sure, everyone could use an extra 150K but not everyone truly needs it and the AdCom are working hard to figure out who needs it and how just asks for extra free money so you want to position yourself as someone who is honest, transparent, and is indeed in need.
2. How much are you hoping to get? Be real with what you can count on and decide which approach you would take. You will never know if you could get less or more and how you would need to ask but I think honesty is the best policy here. I would research with Prodigy and MPOWER (we do have up to $500 rebate on Prodigy by the way) through GMAT Club - https://gmatclub.com/forum/gmat-club-pr ... 54988.html and figure out how much you could finance and what the shortfall is.
Demonstrate that you have done the homework and have exhausted other source (e.g. loans) and still have a shortfall. If you do not have a shortfall then you would need to approach it from the health standpoint.
3. Having a medical relapse is not a need but rather a risk. You can possibly mitigate it - I would look into get a disability insurance while you are at school to get some kind of coverage. I am not sure how realistic it will be however for an international person but you may be able to get something that is short term. When you get a job after Bschool, you will be able to get a short term disability for free at your employer and then you can pay pennies for a long term policy in case this is a long term condition. Long Term policy will give you 60-70% of your salary but it will be tax free.
4. You can commit to establishing a scholarship fund in exchange for getting money at this point. A lot of the HBS/GSB funding works through the alum associations where people contribute after graduating. Perhaps you can suggest the same model as a sign of good faith?
5. Talk to some of the current students and ask them if they know anyone who was able to succeed in the previous year or two. Stories often travel and famous or infamous, you will get some tips as to what to do or not to do. I would be again honest with them as to why you are searching and looking for help.
Good Luck!
BB
Have a few recommendations. Some are more generic and others are perhaps more specific to this case:
1. Show that you have done the work and exhausted other options. Sure, everyone could use an extra 150K but not everyone truly needs it and the AdCom are working hard to figure out who needs it and how just asks for extra free money so you want to position yourself as someone who is honest, transparent, and is indeed in need.
2. How much are you hoping to get? Be real with what you can count on and decide which approach you would take. You will never know if you could get less or more and how you would need to ask but I think honesty is the best policy here. I would research with Prodigy and MPOWER (we do have up to $500 rebate on Prodigy by the way) through GMAT Club - https://gmatclub.com/forum/gmat-club-pr ... 54988.html and figure out how much you could finance and what the shortfall is.
Demonstrate that you have done the homework and have exhausted other source (e.g. loans) and still have a shortfall. If you do not have a shortfall then you would need to approach it from the health standpoint.
3. Having a medical relapse is not a need but rather a risk. You can possibly mitigate it - I would look into get a disability insurance while you are at school to get some kind of coverage. I am not sure how realistic it will be however for an international person but you may be able to get something that is short term. When you get a job after Bschool, you will be able to get a short term disability for free at your employer and then you can pay pennies for a long term policy in case this is a long term condition. Long Term policy will give you 60-70% of your salary but it will be tax free.
4. You can commit to establishing a scholarship fund in exchange for getting money at this point. A lot of the HBS/GSB funding works through the alum associations where people contribute after graduating. Perhaps you can suggest the same model as a sign of good faith?
5. Talk to some of the current students and ask them if they know anyone who was able to succeed in the previous year or two. Stories often travel and famous or infamous, you will get some tips as to what to do or not to do. I would be again honest with them as to why you are searching and looking for help.
Good Luck!
BB
