Tuition Reference

Posts Tagged ‘Eligibility Criteria’

There are number of effects on the eligibility of student loans depending on student's age and the employment status of the spouse. Some of them are positive and they give greater eligibility for student loans. Some effects are neutral and they don't make much change in student's eligibility for student loans. But mostly the eligibility decreases for student loans. In some cases, the marriage results in such a high penalty that it can be called a disincentive to marriage.There is an assumption made that all students are married to some other students. Government has setup rule that require the spouses of married students to pay close to 90 percent of any income over $20,000 in taxes or contributions to their spouse. If the spouse contributes to this amount, the student will have to pay a funding shortfall that government is not responsible for.According to different surveys in US, average one out of ten students is married. Married students are usually older than the unmarried students. Approximately, two-third of all married students is older than 25 years of age.Married students receive very less attention as a student sub-group. If they have children then they might be eligible for special grants i.e. ... [more..]

A lot of planning and preparation goes into the process of joining and completing your MBA. The fee structure of any good B school is quite steep, and the curriculum entails quitting your job and living away from your parents (especially for International B schools aspirants). Therefore it is highly desirable to opt for the various MBA scholarships. These are normally offered by many B schools. Banks also give loans and grants to MBA aspirants. Some big companies give funds and grants to their trainees for doing MBA.Business schools normally offer MBA scholarships to good students only, with very high GMAT scores. Eligibility criteria vary with different institutes. An inability to meet the financial burden of doing an MBA is also required to be proved along with merit. You should go through the literature provided by leading B schools very carefully to check out the details regarding scholarships. Most of these also have their own websites where the same can be checked. Applying to relevant B schools and talking to their counsellors for scholarship details is also a very good idea. It is recommended that you apply to at least two B schools to get relevant information from their professionally ... [more..]