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Old 08-06-2012, 12:13 AM   #1
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Join Date: Aug 2012
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Bother with fafsa? low salary = rejected?

Hi, should someone even bother with FAFSA for going to business school?

I have to imagine that it would be a bad idea to show them how much you make... ?

One of the biggest factors in admission, I think we all can agree, is work experience.

However, if you're making 36,000 a year, I would think that, to an admissions staff, that would be equal to the person not being successful in his work. Would I be correct to make this assumption?

Does anyone else have any experience with this?


To give this post a little more color, I will be applying to top 14 schools.
chasemullins is offline   Reply   
Old 08-11-2012, 05:32 PM   #2
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Quote:
However, if you're making 36,000 a year, I would think that, to an admissions staff, that would be equal to the person not being successful in his work. Would I be correct to make this assumption?

Not at all. People go to business to pick up skills so they can acquire a job with upside potential. As a matter of fact, if anyone is already making close to $100K (avg starting salary of an MBA graduate of a top school), their ROI doesn't make sense to attend a business school. They are better off at an executive MBA program.

Lots of non-profit jobs pay in your range. If you have significant contributions in your present job and have good leadership progression, you have a good chance.
cbreeze is offline   Reply   
Old 08-15-2012, 02:57 PM   #3
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Also, people from developing and undeveloped economies where the average salary is 400$ / month ( 4 800$ ) per year and manage to make about 9-10 k $ per year are considered pretty successful. B-schools are going to grant them the chance to develop their potential in a competitive and economically developed environment .
overachiever91 is offline   Reply   
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