This is an Accepted MBA Admissions News summary:
DAV (Oct 23, 2008 12:13:28 PM)
Barry: How stringently do you hold to the criteria that experiences discussed in essays need to fit within the last three years (for example, a 4-year project that only has its last year fit within the 3-year window)?
BarryReckleyMIT (Oct 23, 2008 12:15:27 PM)
Dav: we're flexible, your situation sound reasonable within the time limits.
Sean Mahoney (Oct 23, 2008 12:13:39 PM)
Hi, Angel. We met at an information session MIT had last month. Thank you for that. I was hoping to get some more information about the guaranteed loan Citi gives all students. How much is the loan for (tuition only/ board/food/mortgage etc.)? Also, do these loans get used for the trips MIT alumni have told us they took during the program?
AngelNavedoMIT (Oct 23, 2008 12:16:03 PM)
Hello Sean. I hope the presentation was helpful. Regarding the Citibank loan, we will no longer be offering that loan next year. As I wrote earlier, US students have plenty of excellent options and we are working hard to find suitable options for our international students.
Linda Abraham (Oct 23, 2008 12:17:20 PM)
Angel, is MIT Sloan able to expand its number of grants for students having trouble obtaining loans?
AngelNavedoMIT (Oct 23, 2008 12:19:18 PM)
Hi Linda! This past year we doubled the number of fellowships available to incoming students, so there will definitely be more money available in terms of fellowships than in the past.
- We have also posted the recent October 23 Consortium chat with Jackie Olden of the Consortium and representatives from Marshall, CMU Tepper, U of Wisconsin at Madison, Emory, Simon, McCombs, Darden, Yale SOM, and NYU Ster. An excerpt:
Linda Abraham (Oct 23, 2008 7:06:26 PM)
Is the absence of the CitiAssist program and the overall tightening of credit affecting your schools and applicants? What should applicants be doing now to prepare themselves to apply this year?
LinwoodHarrisCMU (Oct 23, 2008 7:07:51 PM)
No! Several are concerned, but I don't think it is affecting us.
ErinNickelsburgWISCONSIN (Oct 23, 2008 7:07:59 PM)
In regards to tightening of credit - it is not affecting our applicants and we don't anticipate that it will.
JosuePortilloNYU (Oct 23, 2008 7:08:18 PM)
Linda, CitiAssist loans are still coming in with no problems at NYU.
KelleeScottUSC (Oct 23, 2008 7:09:59 PM)
Linda, no loan issues at USC.
RodrigoMaltaTEXAS (Oct 23, 2008 7:10:16 PM)
Linda, no loan issues at Texas either, so far so good.
- The Consultant's Guide to MBA Admission -- updated for the 2009 application season and with a complete set of sample HBS essays for this year's application -- is now 20% off. But just until Friday Oct. 31.
- Now is the perfect time to start your Round 2 applications. Now, when those deadlines are two months -- not two weeks -- away you have the time to work methodically through several applications and improve them as you go. And we are going to help you get started. Save $100 off any MBA admissions order of US$2000 or more. Enter "SAVE100" at checkout to receive the discount.
- This year's MBA interview feedback is starting to come in. We already have 2009 responses for Kellogg and Duke. Please check out the MBA Admissions Interview Feedback Database for recent feedback from all schools and share your interview experience after you interview.
