cost of MBA ,scholarship and funding

Launched April 26, 2006
This topic has expert replies
User avatar
Senior | Next Rank: 100 Posts
Posts: 61
Joined: Fri Jun 25, 2010 10:59 pm
Followed by:2 members
GMAT Score:710

cost of MBA ,scholarship and funding

by piku9290 » Tue May 31, 2011 8:32 am
Hi,
what is the overall cost(approximate cost including living expense) of doing MBA from USA ? Also , how much scholarship is expected with good GMAT score such as 730. And how are funding available to international student.?
Source: — Ask Stacy Blackman |

GMAT/MBA Expert

User avatar
MBA Admissions Consultant
Posts: 3845
Joined: Wed Feb 06, 2008 8:57 pm
Location: Houston, TX
Thanked: 442 times
Followed by:148 members

by Lisa Anderson » Wed Jun 01, 2011 8:30 am
Dear piku9290,

Cost varies by school as tuition, fees, and living expenses are not the same from program to program. This type of information is usually accessible on the website for each program, so you should be able to see what the potential cost will be prior to applying to a school. Scholarship awards are more rare than an admission offer, so it is not something to expect. Likewise, most scholarships are for only a portion of tuition and not the full amount. When applying to schools, the best strategy is to ensure you can pay for the entire cost before applying and then hoping for the best in terms of receiving a scholarship award. Schools also vary on their policy of awarding scholarships to international students, so that is something to research before applying as well. Loans from a US financial institution generally require a co-signer who is a US citizen, so you will want to research funding options from your home country. For more information on funding an MBA, you might check out www.mba.com.

Good luck,
Lisa
Lisa Anderson
Consultant
Stacy Blackman Consulting

Learn more about me