Hey,
Need-based financial aid eligibility depends on various factors, including income, assets, family size, and expenses. M7 programs typically assess financial needs comprehensively, considering multiple aspects. While an annual compensation of $100k might be on the lower end, the likelihood and amount of need-based aid also hinge on factors like family circumstances and expenses.
At the top end of the income spectrum, it's challenging to provide a specific figure, as it varies between institutions and their assessment criteria. However, individuals with high incomes and substantial assets might be less likely to qualify for significant need-based aid. The focus may shift towards merit-based aid or other forms of financial assistance. It's advisable to check with the specific M7 program's financial aid office for detailed information tailored to their policies and criteria. If you have any queries regarding MBA funding, drop us your query on GMAT Club
here.