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May 2008:00 AM PDT
-08:30 AM PDT
What’s in it for you- Live Profile Evaluation Chat Session with Jenifer Turtschanow, CEO, ARINGO. Come with your details prepared and ARINGO will share insights! Pre-MBA Role/Industry, YOE, Exam Score, C/GPA, ECs Post-MBA Role/ Industry & School List.
May 2110:00 AM EDT
-10:30 AM EDT
Most candidates submit a resume built for a recruiter. Admissions committees are reading for something else entirely. This session covers what adcoms actually evaluate, where strong candidates lose ground before a single essay is written, and why...
May 2208:30 AM PDT
-09:00 AM PDT
Get the inside scoop on what makes Emory’s Goizueta Business School great and how you can present a strong MBA application. Explore the difference between our One-Year MBA and Two-Year MBA programs, talk to our admissions team, and meet students.
May 2203:00 PM EDT
-04:00 PM EDT
The old MBA recruiting playbook is dead. Here’s how top admits are getting ahead this summer.
May 2311:00 AM PDT
-12:00 PM PDT
Transform your MBA application from chaos to clarity with Admit Expert. Get personalized guidance to make your application stress-free and streamlined. Say goodbye to overwhelm and start your journey to success today. Partner with Admit Expert now.
May 2308:00 PM PDT
-09:00 PM PDT
Inquire for a free profile evaluation and guarantee statement for possible admits and scholarships!
May 2707:30 PM EDT
-08:30 PM EDT
Learn how to choose the right recommenders and strengthen your MBA candidacy in this live AMA with Stratus experts.
May 2910:00 AM PDT
-11:00 AM PDT
Download the MBA Launchpad App, for FREE access to the largest MBA database - Data backed read on your profile - Identify gaps before you apply - Build a balanced school list - Track your deadlines - Mock interviews - Extensive content library
Jun 1006:00 AM PDT
-06:15 PM PDT
Register for the GMAT Club Virtual MBA Spotlight Fair – the world’s premier event for serious MBA candidates. This is your chance to hear directly from Admissions Directors at nearly every Top 30 MBA program..
10 Oct 2008, 21:39
Kudos
Bookmarks
Source: https://blog.clearadmit.com/2008/10/citi ... s-schools/
Citibank Cancels CitiAssist Student Loan Program at Several Business Schools
A piece in the Economix column of the New York Times earlier this week called attention to troubling news regarding the impact of the current credit crisis on the availablility of student loans to MBA students, particularly private loans administered through the CitiAssist program for international students.
The piece, entitled “Credit Crisis Is Bad News for M.B.A. Students” excerpted an email message sent to students Monday at MIT Sloan School of Management. According to that message, Citibank has exercised its 30-day option to cancel the CitiAssist custom student loan program with MIT Sloan, effective November 2, 2008.
The Economix column went on to explain that students who have already had their loans processed and approved by Citibank appear to be safe, but that those who still need to secure financing face greater problems. “The school is now helping students scramble to find alternate financing,” the Times reported.
The problem is not limited to MIT Sloan. The CitiAssist program is also ending at the Ross School at the University of Michigan, according to the school’s own website.
Information listed on the Ross site about the CitiAssist program indicates that of the 3,500 University of Michigan students who took out private loans in 2007, 68 percent did so through the CitiAssist program. But a bulleted point highlighted in red in the program description reads, “This loan program will end on 11/02/08. Priority date for applications is 10/15/08. Applications received after this date may not be processed.”
In a phone interview this morning, Randall Sawyer, dean of admissions for the Johnson School of Business at Cornell University, said that as he understands it, Citibank has removed its CitiAssist program from all of its schools for international students without a domestic cosigner. Harvard Business School and the Wharton School at the University of Pennsylvania have also historically been part of the CitiAssist program.
“It’s affecting us, though not on a huge scale,” Sawyer said, indicating that schools with greater numbers of international students could be facing a larger-scale problem. “It’s certainly something that we are talking about though,” he continued.
According to Sawyer, even students who have secured funding for this year may still be unsure about whether they will find funding for next year. “At this point we don’t have any official release about the situation,” he said, but he indicated that Johnson would do its best to help students find alternate sources of funding.
Clear Admit plans to stay on top of this unfolding situation as it impacts prospective MBA applicants. Watch this space for more details as they become available.
Citibank Cancels CitiAssist Student Loan Program at Several Business Schools
A piece in the Economix column of the New York Times earlier this week called attention to troubling news regarding the impact of the current credit crisis on the availablility of student loans to MBA students, particularly private loans administered through the CitiAssist program for international students.
The piece, entitled “Credit Crisis Is Bad News for M.B.A. Students” excerpted an email message sent to students Monday at MIT Sloan School of Management. According to that message, Citibank has exercised its 30-day option to cancel the CitiAssist custom student loan program with MIT Sloan, effective November 2, 2008.
The Economix column went on to explain that students who have already had their loans processed and approved by Citibank appear to be safe, but that those who still need to secure financing face greater problems. “The school is now helping students scramble to find alternate financing,” the Times reported.
The problem is not limited to MIT Sloan. The CitiAssist program is also ending at the Ross School at the University of Michigan, according to the school’s own website.
Information listed on the Ross site about the CitiAssist program indicates that of the 3,500 University of Michigan students who took out private loans in 2007, 68 percent did so through the CitiAssist program. But a bulleted point highlighted in red in the program description reads, “This loan program will end on 11/02/08. Priority date for applications is 10/15/08. Applications received after this date may not be processed.”
In a phone interview this morning, Randall Sawyer, dean of admissions for the Johnson School of Business at Cornell University, said that as he understands it, Citibank has removed its CitiAssist program from all of its schools for international students without a domestic cosigner. Harvard Business School and the Wharton School at the University of Pennsylvania have also historically been part of the CitiAssist program.
“It’s affecting us, though not on a huge scale,” Sawyer said, indicating that schools with greater numbers of international students could be facing a larger-scale problem. “It’s certainly something that we are talking about though,” he continued.
According to Sawyer, even students who have secured funding for this year may still be unsure about whether they will find funding for next year. “At this point we don’t have any official release about the situation,” he said, but he indicated that Johnson would do its best to help students find alternate sources of funding.
Clear Admit plans to stay on top of this unfolding situation as it impacts prospective MBA applicants. Watch this space for more details as they become available.
