What is the most popular question, concern, or misconception students have when approaching you to talk over their MBA financing?
I think, in terms of funding an MBA, some students aren’t as proactive as they should be. The best thing in the world that any prospective MBA student can do is plan. That means assessing their own finances and saving money. But even before that, you need to pay off any existing debts that you have, i.e., credit cards and car payments. The other thing that is oftentimes an error with incoming students is that they do not exercise the necessary self-discipline to live a more modest lifestyle vs. the lifestyle of having a comfortable life based on a full-time income prior to coming to school. Of course, if they tighten the belt for their two years, they can always undo it after graduation, basking in the fat pay packages that await them. Thanks so much, Beth, for delivering a concise picture of Kenan-Flagler’s financial aid opportunities. Thank you, Nadav, I appreciate your time. To learn more about Kenan-Flagler’s financial aid program, you can visit the school’s Web site at: www.bschoo
