Posts Tagged ‘Bloomberg#8217;

6
Sep

Bloomberg Businessweek looked at the financial aid packages awarded by the 50 top ranked US undergraduate business programs to see who had the most generous programs. Bloomberg then ranked the schools based on what they call the discount rate (the amount of total costs covered by aid, specifically institutional scholarships and grants paid for directly by the school) and the number of students receiving such aid.  The top schools were:

1)  University of Tulsa
2)  Rensselaer Polytechnic University
3)  Fordham University
4)  Case Western Reserve University
5)  Massachusetts Institute of Technology (MIT)

Too see the full ranking, click here.

So how does IE University stack up? Pretty well, in fact so well that it likely would be a top 5 school if there were an international version of the Financial Aid ranking.  Fully 60% of undergraduate business students (BBA degree candidates) receive financial assistance directly from IE Financial Aid.  Annual tuition at IE University for BBA students currently stands at 18.000€ per year (about US$22.750) plus about another 10.000€ (about US$12.650) – or grand total of US$35.400 for each of the 4 or 5 year degree. Average aid awarded was approximately 9.000€, or about 50% of tuition fees.  Grants are awarded based on financial need, academic excellence, IB scores and entrepreneurial initiative.

To learn more about Financial Aid option for the BBA degree at IE University, click here.

14
Mar

A recent article from Bloomberg BusinessWeek talks about the worsening student loan situation in the US:

“Students may be struggling with debt more than we knew, according to a team of five researchers at the Federal Reserve Bank of New York. They explain that borrowers were late on $85 billion in student loans in the third quarter of 2011, which at face value is about 10 percent of the $870 billion in total outstanding student debt. While that rate is more or less in line with other forms of consumer debt like credit cards and mortgages, it is also “understated,” the team says, because not all student loans can be delinquent…”

To see the full article, click here.

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