Do need-based aid amounts fluctuate wildly from the first to the second year?
They can. They’re going to fluctuate depending upon two characteristics: One is the cost base, to the extent that second-year costs, both in terms of the cost of living issues as well as the tuition issues, change; and the second thing will be the students’ personal circumstances — where they are financially and so on. Do the income levels students submit to your office tend to increase moving into their second year, given the lucrative summer internship salaries (upwards of $7,000 to $15,000 a month) an increasing number of MBAs are capturing? We actually don’t assess their income and their expenditure. That’s done through the government’s evaluative process. So that’s of little or no consequence to us.
Related Questions
- Does need-based aid tend to decrease for students entering their second year? After all, an increasing number of students are drawing high paychecks from their two-month summer internships?
- Do need-based aid amounts fluctuate wildly from the first to the second year?
- How do I apply for need-based aid for the 2011- 2012 academic year?
