If you missed our special webinar on The Six Steps to Understanding International Student Loans, don’t worry – you can now view it free, on-demand! International students face a special set of challenges when it comes to financing business school abroad. To help you through this process, we partnered with our friends at Prodigy Finance…
Financial Aid
Scroll down for more financial aid info, news, and advice.
Tips for Planning Your MBA Budget
Getting into business school is hard; paying for it should not be. There are many things to consider when planning your journey to business school. Whether you plan to use savings, scholarship or a loan to afford school, understanding your budget for the upcoming year(s) is crucial to an education free of financial pain. What…
Financing Your INSEAD MBA
I was lucky enough to get accepted to study at INSEAD 10 years ago. But before the great news I had spent at least 18 months preparing: from doing the GMAT, writing essays, deciding which school to go to, and determining how to finance this unique and life changing experience. I probably spent the least…
3 Long Term Tips For Financing Your MBA Abroad
When I turned 15, I went on a school exchange programme. After having experienced a new culture, spoken a different language, tasted other flavours and, most of all, met such diverse friends, I realized a whole new world was opening its doors and I wanted to fully explore it. I am pretty sure I did…
Submitting Additional Material to Wharton? Think Twice
After I reviewed the Wharton waitlist chat transcript, Wharton’s policy towards post-deadline submissions wasn’t entirely clear. Nor was it clear why waitlist applicant are categorically discouraged from submitting anything while applicants before receiving an answer can exercise their judgment as to whether they can submit additional material. Thomas Caleel, Director of MBA Admissions and Financial…
Darden and Stamps Foundation to Jointly Offer Full Scholarships
The Stamps Family Charitable Foundation has generously offered a gift of $1.8 million to the University of Virginia Darden School of Business. The gift will be used to match support from Darden in establishing 26 full-tuition scholarships that will be presented over the next six years starting in the fall of 2013. The Penny and…
MIT Offers Students $20,000 to Defer
According to a Wall Street Journal article, too many students enrolled in MIT Sloan this year, forcing the Sloan admissions committee to ask for volunteers to postpone their studies for a year. What went wrong? How did the school get the numbers wrong? The article goes on to explain the concept of “summer melt,” a…
New Federal Financial Aid Regulations Promote Transparency
Changes to FAFSA policies, thanks to executive action by the Obama administration aimed at streamlining the financial aid application process, will allow students and families to learn both their aid eligibility and the true cost of college much earlier in the process. A column in The Chronicle of Higher Education applauds the changes as “a…
Facing The Student Loan Crisis
According to a new study, “A Crisis in Student Loans? How Changes in the Characteristics of Borrowers and the Institutions they Attend Contributed to Rising Loan Defaults,” student loan delinquency is on the rise, largely driven by a high rate of default among borrowers who attend for-profit institutions. The study, by Adam Looney of the…
How To Pay For Medical School
Paying for medical school is easy right? Wrong. Paying for medical school has become increasingly challenging for students and families. Higher education is expensive, and is getting more expensive each year. Keeping up with the rising cost of tuition, living expenses, books, and supplies is difficult for every student. If you are an incoming medical…
How Do I Choose The Right MBA Student Loan?
Student loans are an essential part of many students’ b-school financing strategies, but they’re rarely user-friendly. You’ll face a multitude of options, and it’s up to you to decide the right loans for your situation. We’ll help you determine the right amount of student loans for your situation in our upcoming webinar, but for now,…
2011 Indian School of Business Admissions Director Interview Posted
Last week’s conversation with Hima Bindu, the assistant director of admissions and financial aid at the ISB, and current ISB students Atma Shivalanka and Chandrasekhar Ghoda, was yet another Q&A success. If you missed the ISB event or if you wish to review it, you can read the whole transcript, listen to the full…
UCLA Receives $100 Million Donation for Medical Scholarship Fund
UCLA announced this week that David Geffen, who already donated $200 million to the university’s medical school in 2002, has made a $100 million donation to establish the David Geffen Medical Scholarship Fund. The money will fund full scholarships for up to 30 medical students (covering the full cost of tuition and fees, plus room…
College Planning for Parents: February
This is the second in a series of monthly blog posts designed for members of the high school class of 2012. It highlights planning steps that you can take now to make your college application process easier and more effective. When I talk with parents about their goals for their child’s college application process, I…
Student Loans: A Market that “Needed Disruption”
According to a Poets & Quants article, “Disrupting The MBA Loan Market,” Mike Cagney, Sloan Fellow at Stanford GSB, saw some major problems with the current student loan system and decided to do something about it. With school loan default rates as high as 18% (as is the case for the U. of Phoenix), Cagney…
MBA Applicant Blogger Interview: Motown, Ms. HR, and Mads Mom’s Journey
Next up in our series of featured MBA applicant bloggers are Motown, Ms. HR, and Mads Mom from the blog, “Fortune 800: Our Journey to an MBA.” Please enjoy their thoughtful answers and use them to help you make your way through the MBA admissions process. Accepted: First, can you tell us a little…
4 Ways You Should NOT Use the MBA Rankings
You’ll find loads of articles online enumerating the ways in which you can use the MBA rankings to your benefit. Most of these articles are found on the ranking websites. I’m not saying that you shouldn’t trust what you read on BusinessWeek, The Financial Times, or U.S. News – after all, the rankings do…
Interested in ISB? Indian School of Business MBA Admissions Q&A This Thursday!
Are you considering applying to the Indian School of Business? Do you have questions about this top Indian MBA program’s admissions process or curriculum? If so, you won’t want to miss Accepted’s upcoming Q&A on Thursday, August 4, 2011 at 8:00 AM PT/11:00 AM ET/8:30 PM IST with Associate Director of Admissions and Financial…
The Times They Are a’ Changin’
Bob Dylan’s song lyrics capture the meaning behind the statistics Harvard Business School just released in the class profile for its entering class of 2013. It appears Harvard has decided to include fewer finance types in its MBA program, more women and more people from scientific/technical and manufacturing backgrounds. While Harvard provided the profile…
College Applications Continue to Rise…
…which means competition for colleges is also on the rise. Ivy League schools in particular are receiving record numbers of applications, some with double-digit percentage increases for the second year in a row. According to a Philly.com article, “Competition for colleges increasing as applications rise,” 1.5 million students apply to four-year colleges every year. This…
