Worth applying since I would need a scholarship to go?

[seth21]

So I have been planning on doing MBA in Fall 2013 because I would have a hefty savings account by then so I would feel secure financially (my wife works full time so I will have that salary during MBA)

I have considered trying to hurry up the process a bit and going for Fall 2012, I have actually nearly completed my application to Duke. Now that I look at the numbers, I would need a sizable scholarship to feel comfortable leaving my job in Fall 2012.

What is the profile of a typical student who gets a scholarship?
I'm currently interested in Duke, Georgia Tech and Emory

My overall GPA is obviously low but I think I can overcome that in the optional essay as the GPA of my last 4 semesters was a 3.5 and they were my most challenging junior and senior level courses.

-Georgia Tech Mechanical Engineering Grad
-Undergrad GPA: 2.88
Major GPA: 3.38
-GMAT: 740
-2 years work experience in venture capital funded fuel cell company.
-Highly involved in student led activities and community service during college
-Have excellent recommendation letter from Duke MBA alumni (who is executive at my company)

[Jon@Admissionado]

Well, the best is to think the scenario till the end. If you get accpeted and don't get a scholarship, and won;t go because of that, then maybe it's better to wait a year, rather than get an admit, lose it, and lose your chance for next year. If you would manage to scrounge up the money anyhow if you got your accept, then apply.

Otherwise, just wait a year - a wee bit of patience and in six months you can start your applications.

[FutureWorks]

Hi,

If finance is becoming an issue then you should probably wait when that is sorted an apply with an ace application.
All the best!

[Kaneisha Grayson]

Hey Seth! I agree with what's been said already, but I'd also add that waiting another year would give you plenty of time to research like crazy to find fellowships and scholarships to help pay the way. That way, not only would you have enough in savings to cover the load, you'd feel better about having waited that year since it paid off in decreasing your debt. Just a thought. Good luck!

Kaneisha