Are there any possibilities of getting financial aid in any form? How should one approach the admissions committee in order to secure financial aid? What part of the expenses would I be able to cover through on-campus jobs and internships during the course of MBA program?
Financial aid is a definite possibility. The cost of tuition at BYU is already so low that the amount of financial aid would vary between 0-30%. During the MBA program you are not allowed to work in the 1st year and the admissions committee automatically considers prospective students for a department scholarship. Also there are specific scholarships for International students. I would say that about 60-80% of the cost of your education will still come from your personal funds for the 1st year.
There are chances that in the second year you might get additional funds. As I mentioned earlier the on-campus jobs are restricted for the first year but I am sure you can work in the second year of MBA. Overall MBA is a very rigorous program and an opportunity to learn as much as you can in the two years. So it is also in the best interest of the student to learn the subject well than to worry about working. On the internship front, you can make some really good money during your internship. It can range anywhere between $ 10000- $ 20000 depending on the length and quality of your internship. Do consider that this is the gross amount and you will also spend some money during the internship. So th enet amount will vary based on your lifestyle.
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