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chances of 80%+ financial aid with GMAT score of 720 22 Apr 2014, 00:26
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Hi,

I got a GMAT score of 730, and now exploring US/Canada colleges where it is highly likely to get 80+% of scholarship. Also considering the H1B visa cap of 65k, is it better to consider colleges in Canada/EU? Just pondering over this, as it is likely that a student may not be lucky enough to get H1B visa post MBA, and if it happens student will have extreme hard time in paying off education loan.

You help will be much appreciated.
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AbhiJ
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chances of 80%+ financial aid with GMAT score of 720 22 Apr 2014, 01:28
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kovethe
Hi,

I got a GMAT score of 730, and now exploring US/Canada colleges where it is highly likely to get 80+% of scholarship. Also considering the H1B visa cap of 65k, is it better to consider colleges in Canada/EU? Just pondering over this, as it is likely that a student may not be lucky enough to get H1B visa post MBA, and if it happens student will have extreme hard time in paying off education loan.

You help will be much appreciated.
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You can get full scholarships in US B Schools ranging 40-80, depending on the school. You may take the help of Consultants from India who have helped people get full scholarships in identifying the target schools.

Retaking GMAT and bumping it up to 750+ would help you earn full scholarships at schools in the range 20-40.

Thanks
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chances of 80%+ financial aid with GMAT score of 720 22 Apr 2014, 02:23
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Thanks AbhiJ. You guessed it right. I am heavily depending on scholarship/fincial aid, also i want to get in some good college. I will take your advice and try my best to bump my score. Please let me know that should i consider H1B quota as a deterrent for applying to US colleges. I know even though there is a cap for H1B, still every year number of applications increasing, but that makes me think the chances of not clearing lottery(for H1B post MBA) will also increase. Are you aware of cases where students have actually been in such a problem.

i don't want to sound like a pessimist, but i always feel better to be sure than sorry. MBA being a big step forward, and the stakes involved make me feel a bit cautious.
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chances of 80%+ financial aid with GMAT score of 720 22 Apr 2014, 05:15
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kovethe
Thanks AbhiJ. You guessed it right. I am heavily depending on scholarship/fincial aid, also i want to get in some good college. I will take your advice and try my best to bump my score. Please let me know that should i consider H1B quota as a deterrent for applying to US colleges. I know even though there is a cap for H1B, still every year number of applications increasing, but that makes me think the chances of not clearing lottery(for H1B post MBA) will also increase. Are you aware of cases where students have actually been in such a problem.

i don't want to sound like a pessimist, but i always feel better to be sure than sorry. MBA being a big step forward, and the stakes involved make me feel a bit cautious.
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The best case scenario for you would be to get a 760 on the GMAT and be admitted to Top 20 school, even without scholarship, many school offer without US Cosigner loans. Once you get admitted at these schools getting H1-B should not be deterrent. However I am not 100% sure about this and only any current international student at these schools should be able to offer you the clear picture.


If you are able to get full scholarship at 20-50 ranking school, you will hedged as in worst case you can come back to India.
As far as Canada and EU is concerned, my vote would go to Canada. Having said that the number of opportunities in Canada is substantially less when compared to USA.