Preliminary Financial Declaration - Vanderbilt

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Preliminary Financial Declaration - Vanderbilt

by mmayad » Sat Oct 11, 2008 12:59 am
Dear all,

I am an international applicant for the Vanderbilt Healthcare mba. The preliminary financial declaration section of the application asks the following

REQUIRED ONLY FOR APPLICANTS WHO ARE NOT U.S. CITIZENS OR PERMANENT RESIDENTS -- PRELIMINARY FINANCIAL DECLARATION: Admission and financial aid decisions will not be affected by the information that you provide in this Preliminary Financial Declaration. However, this information is required before an offer of admission or financial aid will be extended. Matriculation in August 2009 will require approximately $126,131 (plus additional funding for any dependents you may be bringing with you) for two years of study. In U.S. Dollars, please indicate the amount of money you expect to have from each of the following sources: 1) Personal or family funds, 2) Your home government, 3) Salary while on leave, 4) U.S. government agency, 5) International organization, and 6) Other (please describe). Finally, in U.S. Dollars, provide 7) Total Estimated Resources Available (sum of 1 through 6 above), and 8) the Currency Exchange Rate used in your calculations (1 U.S. Dollar = what amount in foreign currency?). *

I am applying for scholarships that will consider offering me tuition costs only when vanderbilt offers me admission. Otherwise I will try to get the money through family funds. However I might not have the required 126 thousand dollars by matriculation. Should I list only what funds are available to me now and that I am applying for scholarships? I cannot guarantee that I will have the full amount by matriculation.Will saying that I will have the full costs through family funds affect my chances at getting a scholarship from the school itself? I am really worried about how to answer this question.

Sorry for the lengthy post :(
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Be as truthful as you can. By lying about information, I think it can only hurt you. The action by the adcom is not dictated by your ability to pay.

Good luck!

Paul
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mmayad wrote:Dear all,

I am an international applicant for the Vanderbilt Healthcare mba. The preliminary financial declaration section of the application asks the following

REQUIRED ONLY FOR APPLICANTS WHO ARE NOT U.S. CITIZENS OR PERMANENT RESIDENTS -- PRELIMINARY FINANCIAL DECLARATION: Admission and financial aid decisions will not be affected by the information that you provide in this Preliminary Financial Declaration. However, this information is required before an offer of admission or financial aid will be extended. Matriculation in August 2009 will require approximately $126,131 (plus additional funding for any dependents you may be bringing with you) for two years of study. In U.S. Dollars, please indicate the amount of money you expect to have from each of the following sources: 1) Personal or family funds, 2) Your home government, 3) Salary while on leave, 4) U.S. government agency, 5) International organization, and 6) Other (please describe). Finally, in U.S. Dollars, provide 7) Total Estimated Resources Available (sum of 1 through 6 above), and 8) the Currency Exchange Rate used in your calculations (1 U.S. Dollar = what amount in foreign currency?). *

I am applying for scholarships that will consider offering me tuition costs only when vanderbilt offers me admission. Otherwise I will try to get the money through family funds. However I might not have the required 126 thousand dollars by matriculation. Should I list only what funds are available to me now and that I am applying for scholarships? I cannot guarantee that I will have the full amount by matriculation.Will saying that I will have the full costs through family funds affect my chances at getting a scholarship from the school itself? I am really worried about how to answer this question.

Sorry for the lengthy post :(

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by braytoar » Mon Oct 27, 2008 9:24 pm
I attend Owen for the Healthcare MBA and I can tell you that your disclosures on that form will in no way affect your ability to receive merit based scholarships.

Simply tell the truth.

Good luck!