While an MBA is invaluable, itˆs also expensive. Very expensive. And itˆs expensive before you even get in. From the GMAT prep courses to the campus visits to the application fees, going for an MBA is often synonymous with going for broke. And yeah, youˆll make more money with an MBA and eventually be able to pay off your debt… but that doesnˆt necessarily make b-school tuition (plus cost of living!) any less daunting. But what many MBA applicants donˆt think about is all that tuition money that ˆs out there for the taking. Yes, weˆre talking about scholarships. Theyˆ re not just for undergrads who once excelled in high school sports, you know. There are hundreds of scholarships out there for MBA students that can shave thousands of dollars off of that student loan. Whatˆs that? You want us to show you the money? Well here you go: 1. The Golden Key Scholarships Were you a member of The Golden Key Honour Society in undergrad? If so, youˆ re eligible for amazing graduate scholarships all over the world, ranging anywhere from $1,000 to $15,000 in rewards. And there are new scholarship opportunities popping up in this database every day 2. AAUW Career Development Grant If youˆre female (sorry guys) and youˆre thinking about going to grad school, this grant has the least restrictions and requirements. As long as you ˆve got a bachelorˆs degree, youˆre eligible for anywhere from $2,000 to $12,000. 3. Toigo Fellowship Focused on helping minority students get ahead in the finance world, this fellowship offers a generous $5,000 per year scholarship. The application process requires GMAT/GRE scores and a few recommendation letters, but after the grueling b-school application process, that should be a breeze. 4. The QS Scholarship Throughout the year, QS hosts MBA fairs all over the world as part of their QS World MBA tour. As long as you attend a leg of this tour, you gain access to all their exclusive scholarships. Some are school-specific and major-specific, but if you find one that fits you, some of them offer as much as $50,000. Yes, $50,000! 5. School-specific Scholarships Donˆt see an opportunity here you like or are eligible for? Donˆt worry; individual b-schools offer their own scholarship opportunities. And they are oftentimes less competitive. Look into your own program (either online or by calling) and find out whatˆs available for you. Jon Frank HBS 2005 Founder PrecisionEssay http://www.precisionessay.com --

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