Financing B-school

Share tips as you apply, write essays, interview...
This topic has expert replies
User avatar
Legendary Member
Posts: 566
Joined: Fri Jan 04, 2008 11:01 am
Location: Philadelphia
Thanked: 31 times
GMAT Score:640

Financing B-school

by AleksandrM » Fri Sep 26, 2008 9:36 am
I keep reading about the extent to which financial institutions are pulling back their lending, and this makes me very nervous about securing sufficient funding for school.

It would be quite upsetting to be accepted and not attend due to a lack of funding.

What is the anticipation for this year's pool of applicants?

And is it possible that a number of students who are admitted will not attend simply because they do not have the money?
Source: — The Application Process |

MBA Admissions Consultant
Posts: 690
Joined: Thu May 01, 2008 12:51 pm
Thanked: 39 times
Followed by:3 members
GMAT Score:750+

by VP_MBA_Guru » Sun Sep 28, 2008 10:56 pm
A - that is a great question. Let us know if you hear of anything and will do the same.

NP
Nikhil P. | Admissions Consultant | Veritas Prep

User avatar
Legendary Member
Posts: 566
Joined: Fri Jan 04, 2008 11:01 am
Location: Philadelphia
Thanked: 31 times
GMAT Score:640

by AleksandrM » Mon Sep 29, 2008 9:19 am
I haven't heard anything from anyone. However, it appears to me that the following will happen:

Since there are institutional alliances between schools and lending institutions

1. There will be those with a great credit history who will receive more favorable terms.

2. Those with lower credit scores, will have to settle for double-digit rates.