when should you apply for financial aid?

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godemol: Junior | Next Rank: 30 Posts; Posts: 18; Joined: Sat Jun 20, 2009 6:06 pm; Thanked: 1 times; GMAT Score:720

by godemol » Sat Oct 24, 2009 8:10 am

Hi,
in order to apply for financial aid, does one need to wait until you get accepted to the program? or, should one submit along with the application for the program? Thanks.

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Source: Beat The GMAT — Ask an MBA Admissions Consultant | Sat Oct 24, 2009 8:10 am

Scottie@VeritasPrep: MBA Admissions Consultant; Posts: 500; Joined: Mon Jul 21, 2008 9:34 amFollowed by: 6 members; Location: Florida; Thanked: 45 times

by Scottie@VeritasPrep » Mon Oct 26, 2009 6:33 am

You should apply for aid as soon as you have been admitted to a program. Some programs will offer scholarships and/or grants upon acceptance. The types of aid include:
1. Grants
- School-Based
- Fellowships
2. Loans
- Stafford Loans
- Perkins Loans
- School-Based Loans

3. Work Study

4. Tax Credits
- Hope Scholarship Tax Credit
- Lifetime Learning Tax Credit
5. State Aid
6. Scholarship
-Private
-Public
-School-based

Scottie Winslow | Admissions Consultant |
Veritas Prep

Enroll now. Pay later. Take advantage of Veritas Prep's flexible payment plan options

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