Graduate Financial Aid

A blog about how to pay for graduate school

02.25.09 | How Important is the GMAT?

Your GMAT score is critical to your chances of getting into a top flight business school, however, should you bomb the exam you can take it again. Of course that also means shelling out another $250 bucks, but at least you have that option.

Another good thing working in your favor is that schools do not average your test scores together. Should you elect to take the exam again they accept the best score.

Another plus is that your GMAT score is valid for five years, so you have the flexibility of “banking it” if you’d like or starting your graduate studies right after you complete your undergrad.

As far as the score that will get you in the door, that differs greatly from school to school. Schools print the median 80 percent score range in their brochures. I can, however, tell you that being in the 600’s is usually the bare minimum for a top business school, and to get into a top 10 MBA program usually requires a 700 or better (800 is the highest score you can achieve). Your essay, work experience, and letter of recommendation all pale in comparison to your GMAT score.

So put your eggs in the one basket that counts, the GMAT basket!

Click below on the funding option that’s right for you.

Graduate Stafford loan

Graduate Plus Loan

Graduate Private Loan

02.19.09 | An MBA is Worth the Time and Cost

From Student Loan News, Updates and Blog Posts » Graduate Loans:

Whether you’re gambling, running a business, trading on Wall Street, or going to school to receive a master’s degree the goal remains the same; gain profitable returns. Of course when you attend school you don’t get that instant gratification, like at a casino, but your relatively short-term commitment could pay long term dividends.
Hiring for those [...]

Originally published by Student Loan News, Updates and Blog Posts » Graduate Loans.

02.18.09 | 10k in 20 seconds

The Student Loan Network is giving away $10,000 for school yet again. For those of you who aren’t familiar with this drawing…keep reading.
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To enter the drawing you must be an undergraduate or graduate student, currently enrolled full time in an educational institution. See terms and conditions for all the official rules.

I think the greatest thing about this contest is how short the entry form is. It takes about 20 seconds (give or take, depending on your typing skills), and you don’t have to submit an essay or provide any recommendations. Just fill out your basic info, click sumbit, and you are entered. To see how short the entry form is click HERE!

Now there is a way to increase your odds of winning. When you sign up for the drawing, you are automatically becoming a member of the Scholarship Points community. Scholarshippoints.com is a website where you can complete various activities, which gives you more points, which in turn, gives you more entries for the scholarship drawing. It is up to you whether you want to increase your chances, but either way just by filling out that quick form you have one guaranteed entry for the contest. No gimmicks. For real guys…Good luck! OH, and last time I checked, grad school was not cheap, so I think every grad student (and undergrad, AND high school seniors) can spare the 20 seconds, and fill out the entry form.

Here are some recent winners of our monthly scholarship drawings:

January 2009 Scholarship Winner
Adrienne Meagher – Florida Institute of Technology

I’m a junior at the Florida Institute of Technology studying aviation management and business administration. I go to school in the summer so this scholarship will definitely help cover the financial stress. Thank you ScholarshipPoints!

January 2009 Scholarship Winner
Jessi Hoin – Wheaton College

This is a huge help in covering my expenses as an English major. With all of the books that I have to buy for my literature classes, the costs really add up. This $1,000 scholarship will more than help ease that burden!

December 2008 Scholarship Winner
Kelli Saxer – Texas Tech University


Being a first generation college student is tough on my family. We save every penny and apply to all the scholarships I’m eligible for. This $1,000 scholarship will help us out tremendously!

December 2008 Scholarship Winner
Lourdes Sanjurjo – University of West Georgia

I’m a Language Pathology major at the University of West Georgia. As a Freshman, it’s been a tough year financially. This scholarship will allow me to buy books and possibly a laptop! Thank you ScholarshipPoints, it truly means alot to me.

November 2008 Scholarship Winner
Christina Sorenson – Heald College>

Thank you so much for this opportunity. I am so excited and very encouraged by all of this to graduate from Heald Business College with a 4.0! Thanks ScholarshipPoints!

October 2008 $10,000 Scholarship Winner
Victoria Fiorentino – George Washington University

“With student loans looming over my head, I am so thankful for this scholarship, which will be of immense help to me. As a sophomore, I feel the stress of financial burdens on my education, and greatly appreciate the opportunity to receive help.”

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