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You

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... depends upon your income and other aid information ... Aid International ... Financial Aid FAQs. What if I don't want the full amount of the ... – PowerPoint PPT presentation

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Provided by: RichardA83
Learn more at: https://w4.stern.nyu.edu
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Title: You


1
Youre in Now what?

2
  • Program Overview
  • Whats Next? Academic Preparation Financing
    Your MBA
  • Registration
  • Housing

3
Overview of the Stern Program
  • Pre-Term Orientation begins August 24th
  • First Year The Core taken with your Block
  • Internship Between 1st and 2nd year
  • Second Year Devoted to your specialization(s)

4
Your First Year
  • Fall 15 credits
  • 3 Managing Organizations
  • 3 Firms Markets
  • 3 Statistics Data Analysis
  • 3 Financial Accounting Reporting
  • One of 3 Breadth Core
  • 3 Marketing Concepts
  • 3 Foundations of Finance
  • 3 Competitive Advantage from Operations
  • Spring 16.5 credits
  • 3 Strategy
  • 3 Global Business Environment
  • 1.5 Business Communication
  • 6 Remaining 2 Breadth Core
  • 3 Elective

5
Your Second Year
  • Specializations (9 credits)
  • Accounting
  • Digital Economy
  • Economics
  • Entertainment, Media Technology
  • Entrepreneurship Innovation
  • Finance
  • Global Business
  • Information Systems
  • Law Business
  • Management Organizational Behavior
  • Marketing
  • Operations Management
  • Quantitative Finance
  • Statistics

6
Whats Next?Academic Preparation
  • Self-Assessment
  • Core Course Substitution

7
Quantitative SkillsREQUIRED Self-Assessment
  • Quantitative Skills Online Pre-Assessment
    (Admitted Student Website) REQUIRED BY JULY 1st
  • Pass (80 or better) Done!
  • Did Not Pass (80 or below)
  • Do MBA Survival Kit Quantitative Skills
    Interactive
  • Take Online Post-Assessment (Admitted Student
    Website) before Pre-Term

8
Other Stern MBA Preparation Skill Building
  • Microeconomics, Accounting, Statistics
  • Word, Excel, PowerPoint, Internet

9
Core Course SubstitutionUG Majors
Core Course UG Majors
Firms Markets Economics
Financial Accounting Reporting US Accounting Majors, US CPAs
Foundations of Finance Finance
Competitive Advantage from Operations Industrial Engineering Operations Management
Marketing Concepts Marketing
Statistics Data Analysis Mathematics Statistics
10
Core Course Substitution Proficiency Exams
  • Firms Markets (Micro)
  • Statistics Data Analysis
  • Financial Accounting Reporting
  • Global Business Environment (Macro)
  • Foundations of Finance
  • Competitive Advantage from Operations
  • Marketing Concepts

11
Whats Next? Financing Your MBA
12
Financial Aid TerminologyThe FAFSA
  • FAFSA Free Application for Federal Student Aid
  • http//www.fafsa.ed.gov/

13
Financial Aid Terminology
  • Federal Stafford Loans
  • Domestic Students Only
  • Low interest loans (91 day T-bill rate 1.7)
  • 18,500 maximum per year
  • Subsidized 8,500 max
  • Government pays interest while you are in school
  • Need-based Eligibility depends upon your income
    and other aid information
  • Unsubsidized 10,000 - 18,500
  • Not need-based
  • If you do not qualify for the subsidized, you can
    get full 18,500 in unsubsidized

14
Financial Aid Terminology
  • Private Loans
  • Domestic International Students eligible to
    apply
  • Preferred Lender Citibank
  • Eligibility Amount (domestic) Budget Federal
    loans other aid

15
Estimated Budget 2003-2004Financial Aid
Eligibility for the Academic Year
  • Tuition Fees 34,300
  • Living Expenses 23,810
  • (2,645 per month)
  • Total Budget 58,110

16
Typical Financial Aid PackageDomestic Student
No Scholarship
  • 18,500 Federal Loans
  • 8,500 Subsidized
  • 10,000 Unsubsidized
  • 39,610 Private Loans
  • 58,110 TOTAL LOANS

17
Typical Financial Aid PackageDomestic Student
With Other Aid
  • 10,000 Scholarship
  • 18,500 Federal Loans
  • Subsidized
  • Unsubsidized
  • 29,610 Private Loans
  • 58,110 TOTAL AID

18
Whats Next?Financial Aid Domestic Students
File FAFSA (002785)
Receive SAR KEEP IT
Fill out MPN MAIL BACK
Fill out Private Loan
Application
Tuition Fees Worksheet
Receive Award Letter
19
Whats Next?Financial Aid International
Students
  • Eligible to apply for up to 35,000
  • 15,000 from the Citibank Global program
  • and
  • 20,000 from either the Global SLC program or
    the Citibank Supplemental loan program depending
    on country of origin
  • Apply starting June 1st

20
Whats Next?Financial Aid International
Students
  • With a U.S. co-signer, international students
    are eligible to apply for up to the full budget
    amount (58,110).

21
Whats Next? Financial Aid FAQs
  • What if I dont want the full amount of the
    suggested loans?
  • When are my loan funds credited to my account?
  • Can I be a teaching fellow or graduate assistant?

22
Whats Next?Registration
23
Whats Next?Registration
  • Registration packets mailed out June 18th
  • Blocks assignments will be in registration
    packets
  • Can access registration information through the
    admitted student website

24
Whats Next?
  • Log on to the Admitted Student Website to
  • View keep track of the checklist
  • Meet chat with your classmates
  • Be on the lookout for E-mail for more Stern
    information
  • Find a place to live!

25
Important Dates
  • April 30 Deposit deadline
  • June 18 Registration packets mailed
  • July 1 Quantitative Pre-Assessment deadline
  • July 15 Registration Tuition Payment
    deadline
  • August 18-23 Proficiency Exams
  • August 20 International Orientation
  • August 24-28 Pre-Term
  • September 2 First day of classes

26

Whats Next?Housing
27
Housing Options
  • On-Campus Housing
  • The Palladium (14th Street, Union Square)
  • Conveniently located minutes from Stern
  • Includes fully-furnished studios and shared
    two
  • bedroom apartments
  • Four floors reserved exclusively for Stern
    Students,
  • with a separate entrance
  • Amenities include computer lab, fitness
    facility, rock
  • climbing wall, and Olympic-size swimming pool
  • Monthly rent compares very favorably to the
    market

28
Housing Options
  • Off-Campus Housing
  • Begin your search early
  • Determine your needs
  • Consult materials provided by Admissions
  • Purple Admissions Folder
  • Admitted Student Website
  • Off-Campus Housing Guide
  • Use external resources
  • The New York Times
  • The Village Voice
  • Online postings (e.g. http//newyork.craigslist.or
    g/)

29
See you at Pre-Term!
See you at Pre-Term!
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