Can you describe how the financial aid process works and what admitted applicants can expect in terms of scholarships, assistantships, and loan guarantees?
Everyone who is offered admission is automatically considered for merit-based financial aid offered by the school of business. There
are no separate applications to complete. When we evaluate candidates for merit-based financial aid, we are essentially looking
for some of the strongest candidates among those who have been offered admission.
We have four application deadlines. We encourage
those who want to be considered for merit-based financial aid, which includes scholarships, fellowships and graduate assistantships,
to meet one of our first two deadlines. While we will have space for the class through all of the deadlines, our financial aid
resources are more limited by the later deadlines.
This year close to half of our entering students received something from the
school of business. Some are in the form of scholarships or fellowships and others are in the form of graduate assistantships.
Graduate assistantships provide a break on tuition and a cash stipend, in return for providing some service back to the school
of business – anywhere from 5 to 12 hours of work per week depending on the level of their award.
Most of our merit-based financial
aid packages range from $5,000 to $15,000. We also have the Dean's Fellowship Program, which are our most prestigious awards.
Dean's Fellowships provide a full-tuition scholarship.
Student loan programs are readily available. For international students we
also offer a loan that allows them to borrow up to the cost of tuition and required student fees each year, without a co-signer.
What are Kelley students really like?
Kelley students work hard. They have a lot of fun. They want to be successful, but they want to be successful with their classmates, and not at
the expense of their classmates. They tend to be hard-workers, intelligent, loyal and realistic. They are solid, good people.
What should students expect in terms of housing options?
That's one of the nice things about Bloomington, there are lots and lots of affordable housing options.
There's on-campus housing, but the reality
is that probably 95% of our students live off-campus.
There are lots of apartment complexes and condos that cater to graduate students. MBAs are actually
highly sought after tenants. Many apartment complexes, in their efforts to attract MBAs, will waive security deposits or provide monthly discounts.
Housing
is pretty easy to find. And for people who may be coming from other parts of the country and perhaps owned homes before, a number of our students will buy a
condo or house while they are here because the housing prices are fairly reasonable in Bloomington.
What industries and companies recruit the most students from Kelley?
We have a broad range of companies that recruit Kelley MBAs for a variety of functions. We have a lot of strength in corporate finance and consumer
marketing. But we also have students who are successful in consulting, in investment banking, investment management and so on. The list of companies is extensive.
How was the recruiting season last year?
The recruiting is good. I haven't seen all of the final reports from our career services office, but the results were certainly good.
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