financial aid

[maverick80]

I would like to know whether the turmoil in the US markets has caused universities to stop giving financial aid/scholarships to prospective students (especially to International students).

[MBA Mission]

Thank you for your inquiry.

We don’t have any indication that that is the case at this point. Still, it is likely that, as endowments and scholarship funds decrease with the market, that the schools’ flexibility will also diminish. Thus far, Stanford has been the most open about its losses and has laid off 12% of its non-academic staff - they mentioned nothing about reducing scholarships.

Sincerely,
Jeremy Shinewald
MBA Mission

646-485-8844

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I would like to know whether the turmoil in the US markets has caused universities to stop giving financial aid/scholarships to prospective students (especially to International students).