In a follow up to my recent blog post about the financial aid crisis for international MBA applicants to US programs, I recently received an email from Duke updating me about their efforts to help ensure that international students can find the financial resources to attend Fuqua’s program. In the email Liz Riley Hargrove, Fuqua’s Associate Dean for Admission, asserts unequivocally that Duke “students will be able to secure loans for their studies at Fuqua.” While the terms of those loans are vague in the email, Hargrove mentions Fuqua’s discussions with regional and international banks as potential new sources of finance options.
This email once again demonstrates that this issue very much concerns the top MBA programs. I also believe that it hints at a disappointing number of international applications in the second round: Fuqua is now recognizing the importance of getting the message out that funding is available to boost applications in the third round.
If you are an applicant on the fence about applying in the third round, this email from Fuqua (and other evidence pointing to decreased Round 2 international applications to a number of top programs) is a sure sign that a third round application is even more worth the effort this year than in the past!
Senior Editor Jennifer Bloom has been successfully helping applicants to the top MBA programs in the third round for 10 years.