If you are planning to join an MBA or any other course in business you are most likely looking for financial assistance to fund your studies. Business studies are expensive and the curriculum is so lengthy that you will have little time left for part time jobs. Almost all business schools give out financial aid to students joining a business course. There are different kinds of aids given out by business schools. In this article I will explain the common kinds of financial aid offered to students and how students should search for it.
Most of the business courses offer a confirm rebate in tuition fees. These discounts range from 10% to 30% depending on the institution. These discounts may not be very helpful in meeting your expenses but they can at least provide you some relief in your tuition fees. In addition to these discounts some universities also offer discounts on accommodation expenses for international students.
Almost all business schools also run merit based scholarship programs. These programs provide financial aid to students with good academic background. To qualify for such programs you should have a minimum GPA of 3.0. Some scholarship programs also require you to show proof of your social and communication abilities for the award.
In addition to these two kinds of scholarship programs some universities and colleges also have the policy of giving discounts on request. You may write to your chosen college or university to request discounts in tuition fees based on financial need, academic achievements or sporting excellence.
Searching for scholarships can be a quite hectic task as you will have to randomly search for and read every scholarship programs that comes to you through search engines. You can make this task less hectic by using scholarship search sites that will provide you with information on scholarships in an arranged way. Some sites will also require you to fill a form explaining your requirements and your skills, then the site processes the information to automatically choose scholarship programs that suit your requirements and that you qualify for, however do not restrict yourself to such search engines. You should also try searching for financial aid offered by colleges, welfare organizations and government in your country that may not be in the database of these search sites.
Once you have found a scholarship program that suits your needs and that you qualify for make the application in an organized way. You should fulfill all the requirements of the awarding body and provide proof of all your skills and academic achievements.