Below are the answers to April’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: Where did the listings for the MET Fellowships, MBR Foundation and Multilingual Professionals Scholarships Go?
Answer 02: Some of the listings for scholarships available through Financial Aid were temporarily deactivated due to a glitch in the process related to the recent updating of the Financial Aid web page. This situation has been corrected.
Question 03: Should I apply for one schoalrship, wait for a decision, and then if I am not awarded a scholarship apply for another scholarship?
Answer 03: No. You can apply for up to 3 scholarships plus a fellowship, but once the Scholarship Committee has reviewed your case, it will not be considered again. Be sure to take the time to apply for the best options given your profile, and apply for all scholarships at once.
Question 04: Is there a listing of Fellowship projects I can use when applying for a fellowship?
Answer 04: No. The process works as follows: the candidate applies for a fellowship, then the Scholarship Committee decides whether or not to award a fellowships, and then the Financial Aid officer works with the various internal areas at IE to place fellows in projects where fellows are needed.
Question 05: Are IE Fellows and Fellowships the same?
Answer 05: Yes. IE Fellows is the formal name for the program, but award recipents are referred to as fellows, and fellows complete fellowships during their program of study.
Question 06: Is the Caja Madrid loan program back up and running?
Answer 06: Yes. But lending policies have become more stringent so we are recommending interested applicants see this Financial Aid option as a plan B. Non-Spanish fiscal residents can only apply for up to a maximum of 30.000€.
Question 07: If I am married, does my wife/husband need to provide all the same documentation?
Answer 07: Yes, if you’re married under the shared asset regime.
Question 08: Do I need a NIE number to apply for a Caja Madrid loan?
Answer 08: Yes. Without a Spanish residency number it is not possible to apply for a Caja Madrid loan. In some cases it is possible to get a temporary residency number that allows for loan applications.
Question 09: How long does it take to have a loan decision for a Caja Madrid loan application?
Answer 09: It can take between 6 and 12 weeks, so apply early.
Question 10: I missed the AIESEC Scholarships Information sessions, how can I learn more about?
Answer 10: See the recording by copying and pasting the following link into a new browser: http://conference.ie.edu/p83379794/ .