Do the majority of KFBS students who apply for state residency tend to receive it?
I really can’t give you a statistic about that. I would say that the majority would remain as out-of-state residents. Regardless of residency, students are always angling to whittle down their tuition bills. There are several ways of doing that: Fellowship and scholarship, federal financial aid, assistantships, and work study. Some schools define these terms differently. Maybe we should start by doing just that. We define fellowship in the same way that we use the term scholarship. A fellowship is an award given to an individual based on merit. Financial aid, meanwhile, is funding awarded to an individual based on financial need. And that funding is awarded up to the maximum cost of education, primarily using loans. The MBA program does not offer assistantships. First and foremost, I would imagine that most people are after the merit-based fellowships because those are awards that do not need to be paid back. How many students generally receive fellowships? How many are available to in
