Archive for March/2009


IE Financial Aid Program in the Press

Written on March 12, 2009 by Joël McConnell in Global News on Financial Aid

Learn more about IE’s scholarship program recently launched in partnership with the Secretaria General Iberoamericana (SEGIB), a program for candidates coming to IE from Latin America:



Given the enormous success of the ieCommunities Financial Aid program offered in December 2008 and January 2009, Financial Aid is pleased to announce that ieCommunities Fellowships are now a permanent option for selection programs. 

More Information (Download English Document)

Because ieCommunities is launching new forums in 2009 and is looking to expand the content of other recently launched topical areas, the IE Foundation has decided to offer Fellowships to admitted candidates who have special knowledge of value to share via the ieCommunities platform, each each Fellowship having a value of up to 40% of the value of the admitted student’s program fees.

To apply, please send the following to IE Financial Aid (

1) Letter of Admissions to one of the listed IE Master Programs
2) Up to date 2-page Curriculum Vitae
3) 1-page overview of your professional experience, current position and what special knowledge you can bring to ieCommunities
4) 3 most recent payslips.

If selected for an interview, one of our Financial Aid representatives will be in touch with you directly to set up an interview with ieCommunities program managers.

Contribute and benefit: share your expertise and enhance your IE experience!

Más Información (Descargar documento en español)

Los Fellowships ieCommunities para Directivos forman parte de un programa del dpto. de Ayuda Financiera en el que puedes participar y desarrollar tu perfil dentro de un proyecto global e innovador que cuenta con más de 35.000 participantes.

Para participar debes envíar a IE Financial Aid ( los siguientes documentos:

1. Carta de Admisión en uno de los programas listados
2. Curriculum Vitae de máximum 2 páginas
3. Descripción de tu trayectoria profesional, posición actual y valor añadido específico que aportarías a las ieCommunities
4. 3 últimas nominas.

Nuestro departamento de Financial Aid se pondrá en contacto con los seleccionados para cerrar la fecha de la cita con un miembro del equipo de ieCommunities.

Si eres un profesional con una interesante trayectoria y dispuesto a compartir tu experiencia y tu conocimiento ¡Queremos conocerte!


Para aprender más acerca del Real Decreto 1816/1991 sobre Transacciones Economicas con el Exterior, puedes leer el decreto:

Agencia Tributaria: Nota sobre el Real Decreto 1816/1991

To learn more about the Royal Decree 1816/1991 regarding Economic Transactions, please see the below link which is in Spanish:

Agencia Tributaria (Spanish National Taxation Agency): Note on Royal Decree 1816/1991


Las próximas sesiones virtuales para todos aquellos candidatos que quieren cursar un grado en la IE Universidad son:

  1. Sesión informativa en inglés: 18h00 (CET), 26 de marzo de 2009.
  2. Sesión informativa en español: 19h00 (CET), 26 de marzo de 2009.
  3. Sesión informativa en inglés: 18h00 (CET), 30 de abril de 2009.
  4. Sesión informativa en español: 19h00 (CET), 30 de abril de 2009.

Para participar debes enviar un correo a para inscribirse.

The next virtual sessions for all those candidates interested in joining one of the undergraduate programs offered by IE University should send an email to to enroll.  The dates and times of the upcoming information sessions are:

  1. English Information Session: 18h00 (CET), 26 March, 2009
  2. Spanish Information Session: 19h00 (CET), 26 March, 2009
  3. English Information Session: 18h00 (CET), 30 April, 2009
  4. Spanish Information Session: 19h00 (CET), 30 April, 2009

Virtual information sessions are a service offered by many departments at IE, and essentially, you can particpate in live information sessions from the comfort of your desk – be it at work, at home or while you’re travelling for professional or personal reasons.  While you need to register for virtual information sessions well before participating, partipating in these events means you have access to useful information in real time.

In this section of the Financial Aid blog we will be promoting upcoming virtual information sessions offered by Financial Aid for both undergraduate and master candidates for IE programs.


Monthly Top 10 FAQ: March 2009

Written on March 9, 2009 by Joël McConnell in Monthly Top 10 | Top 10 Mensuales

Below are the answers to March’s most pressing and frequently asked questions.

Question 01: How long does it take to hear back regarding my scholarship application?

Answer 01: Generally scholarship applications are decided between 2 and 4 weeks from the time we receive a complete scholarship application.  Scholarship applications are not complete until we have all required documentation, in English or Spanish, and that you the potential student has received a confirmation from Financial Aid that your applications is complete.

Question 02: What is a pay slip?  What is a bank extract?

Answer 02: Both these documents help us better understand your relative financial need, an important factor when considering whether or not you require financial support.  A pay slip is the monthly or bi-weekly document your organization sends you which shows how much you were paid in both fixed and (if applicable) variable salary.  A bank extract is either a letter from your bank, or your monthly statement, either of which shows your recent bank balances and income flows.

Question 03: How many scholarships can I apply for?

Answer 03: No more than 3 scholarship applications will be considered for any applicant.  Once you case has been reviewed and decided, the Scholarship Committee will not see your case again, so it is important that you take the time to think about which scholarship(s) you are most qualified for, and then apply for up to three.

Question 04: What do I need to communicate in my Letter of Intent, when applying for a Fellowship?

Answer 04: What you have done in the past that brings special or unique value to an on-campus project, and in a second paragraph, what it is exactly you want to do after your master program at IE.  We try to custom-fit IE Fellows to on-campus projects where they can 1) bring the most value/expertise needed, and 2) the student will be able to gain additional experience which will directly contribute to them achieving their post-program professional goals.

Question 05: If I am applying to multiple programs, does that mean I can apply for 3 scholarships for each program?

Answer 05: No.  You can only apply for up to 3 scholarships as a scholarhip candidate, regardless of how many programs you are applying to.

Question 06: What are the deadlines for scholarship applications for my program and intake?

Answer 06: For schools that do not operate on a rolling admissions model, dates for scholarship applications tend to be regid and annual.  IE works on a rolling admissions process and so all related/dependant processes are also engineered to best fit with our admissions approach.  As such, most scholarships can be applied for throughout the year, unless otherwise noted in the specific scholarship listing as it appears on the Financial Aid web site at

Question 07: You have joint programs with key programs in Latin America, do I apply to IE or these organizations directly for scholarship support?

Answer 07: For our most important program partners in Latin America, such as ICETEX, Fundación Carolina, Colfuturo, Guatefuturo, IPFE, FUNED and others, you must first apply for financial support from these organizations, directly with the organization.  You must then also obtain admissions to IE.  Once you have admissions to IE and have applied to the respective organization for financial support, both organizations work together to decide on each specific case.

Question 08: Do I have to be admitted to IE to apply for a scholarship?

Answer 08: Yes.  If you do not have admissions to IE, we will not consider your application for financial support.

Question 09: I’ve been awarded a scholarship, but I want a higher scholarship. Can I apply for an increase?

Answer 09: No.  The Scholarship Committee works very closely with Admissions, IE’s International Offices and other relevant stakeholders to understand each candidate’s economic situation and merit.  If you are awarded a scholarship, then this is the support IE is willing to provide you for a specific programa and intake.  You are free however to apply for scholarships offered by outside organizations, not related to IE.

Question 10: What is the best way to send my application documentation to Financial Aid?

Answer 10: We only accept documentation in digital format, unless otherwise requested.  Sending documenation via mail or courrier implies potential loss of documents, unnecessary expenses, wastage of paper, and if we store documentation related to scholarship applications, we store it digitally.  Further, if you are including documentation from your organization (supporting letters from superiors, letters from the Human Resources department, etc), then these documents should be sent directly by the author/person signing the letter, to


Top 10 Most Frenquently Asked Questions

Written on March 9, 2009 by Joël McConnell in Monthly Top 10 | Top 10 Mensuales

As part of our initiative to keep our FAQ section as up to date as possible, we are launching a “Top 10” monthly listing of most frequently asked questions (FAQ).  We encourage you to add the Financial Aid blog to your RSS feed so that you are updated automatically when we release this and other additions to content on the Financial Aid blog.


No has podido participar en la sesión informativa virtual sobre las becas Fundación Carolina para programas de derecho de IE Law School?  Puedes ver la grabación haciendo click en el siguiente enlace:


See the recording of the virtual information session for Fundación Carolina applicants interested in following a law program at IE Law School, see the below link:


BusinessWeek: Loan Programs an Issue Globally

Written on March 6, 2009 by Joël McConnell in Global News on Financial Aid

Read this article recently published by BusinessWeek which talks about how some leading schools are having to deal with complications related to their student funding programs, especially with regards to International Students.  Click here to read the article.


We recently published a new fellowship opportunity on the Financial Aid web site, see the scholarships section at for more information, or read on…


MET Fellowships: Who, What and How Much?

As part of IE’s commitment to training current and future global business leaders, the IE Foundation is offering 3 Fellowships for female candidates admitted to a master program in the 2009-2010 academic year. In exchange for a financial support of up to 40% of tuition fees, the award recipient will complete a Fellowship Project with the Mujer (Woman), Empresa (Business), y Tecnología (Technology) – MET initiative, an organization sponsored by Blackberry and other leading global organizations.

Candidate Selection

This Fellowship opportunity will allow candidates with a track record of success both academically and professionally to add to both their professional network and CV. Award recipients will complete their Fellowship project during the academic periods of their program of study. The IE Scholarship Committee will consider favorably those candidates who in addition to having a history of academic and professional excellence, have been active within the ranks of global professional organizations such as EuropeanPWN, Women in Business or other notable professional organizations.


Fellowships MET: Quién, Qué y Cuánto?

Como parte de nuestro compromiso para formar futuras líderes empresariales, la Fundación IE ofrece 3 becas de colaboración para candidatas admitidas a un programa máster de IE para el año académico 2009-2010. A cambio de esta ayuda económica, que cubre hasta el 40% del coste total del programa, las becadas deberán comprometerse a colaborar con la organización “Mujer, Empresa, Tecnología” (MET), iniciativa patrocinada por Blackberry. 

Selección de las Becadas

Esta beca de colaboración permitirá que aquellas candidatas con un buen expediente académico y una excelente trayectoria profesional y personal, puedan mejorar tanto su red de contactos profesionales como su currículum. Las becadas deberán comprometerse a colaborar durante todo el periodo académico de su programa. El Comité de Becas de IE considerará favorablemente a aquellas candidatas que, además de contar con un excelente historial académico, hayan participado activamente en asociaciones profesionales tanto nacionales como internacionales.

Para más información: visite el enlace, leer el documento descargable, y ver nota de prensa sobre el MET.

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