Recently we’ve been disappointed as a few cases have arisen where students have not met their financial obligations in a timely manner. This is especially concerning when the student has been granted financial support through the IE Foundation. We understand it’s a tough economic environment we’re all facing, however this does not mean financial responsibilities should be left unattended. We’re troubled by these few cases because it communicates a lack of commitment to the program, and a lack of personal commitment to maintaining the ethical standards expected of candidates who will be graduating with degrees from IE.
As a recipient of aid granted by the IE Foundation, please think about the following: given your lack of personal financial resources, IE has invested in you because we believe that you have the potential to be a successful ambassador for IE in the coming future. IE believes in your future potential. Think about the implications for the professional network you’ll be coming to IE to build and the IE representative you would like to be, especially considering the investment IE is making in you.
Think about the big picture and be realistic about your ability to meet financial commitments: if even counting with the benefit of having a scholarship or fellowship you don’t think you will be able to meet your tuition and living expenses, then we recommend you delay your entry into the program until you have secured the necessary resources. When you are admitted to IE, we give you the right to enter your program of admissions for up to 3 intakes after having received the admissions offer, so take the time to make sure you have all your resources in place. Coming to IE is an important investment in time, energy and financial resources, but it’s an investment that all students make when they come to study at one of Europe’s leading institutions of higher learning.
In closing, please keep in mind: It’s not a coincidence that most scholarships require an essay that outlines how the applicant sees the responsibilities of being a scholarship recipient: those who receive scholarships and fellowships should see the awards as part of a commitment by IE to developing the individual as a future professional, and as one more reason to ensure they meet their professional responsibilities during the program and beyond IE.