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Re: Ask MBA Prep School

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debayan222 wrote:
MBAPrepSchoolTyler wrote:
debayan222 wrote:
Hi MBA Prep School Consultancy team,
Could you please provide any insights on what one should write/approach why one should get the scholarships in 2 year MBA program especially for US schools(top 15/20 )...?

Hey Tyler ,
Thanks a lot for your detail reply.Really appreciate it Sir... :) Kudos!

Yup! you're right ...not many schools offer need-based scholarships,it's mostly merit-based scholarships and for the latter it's really a strategic decision and as you've said- heavily depends on one's candidacy overall.So for this merit-based scholarships, most of the schools as you've mentioned,don't have any separate applications.In that case, applicants need to show their best strength through their essays only I guess.Is there any other way to showcase this...? Your thoughts on this please...!

My second question is-In general how the need based offers are determined..? Is it based on the personal assets of the candidate solely or that of his/her family or else?

Look forward to your reply Sir..!

P.S: It would be really helpful if you can let me know what are the schools specifically among top 20 that encourage this pro-activeness...? Or is it a general thing for any b-school?


Hi Debayan,

First of all, thanks for the Kudos!

I could write a book on how to showcase your top strengths in the written MBA application and admissions interviews. In fact, I have. http://mbaprepschool.com/ebook/ 8-)

Regarding needs based offers, schools employ a financial aid application that asks several questions aimed at determining your need. There is a standard form used across schools but schools sometimes have additional forms and formulas that are specific to that school. Just about every school's web site will have a page or area devoted to their financial aid practices. For example: http://www.hbs.edu/mba/financial-aid/Pages/default.aspx

As for being proactive, that's really a general tip. Typically, after you've been accepted by a school you can write or call the admissions office to ask about scholarship opportunities. There are also websites that compile MBA scholarship information (though I can't say I have heard any rave reviews from my clients about these websites). Here is an example: http://www.mbascholarships101.com/

Cheers,
Tyler

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