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HBS ($0) vs. GSB (Free Tuition$$)

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Hbsorbust1993
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HBS ($0) vs. GSB (Free Tuition$$) [#permalink] HBS ($0) vs. GSB (Free Tuition$$)   25 Jan 2024, 23:26
Hi everyone,
I was admitted to both HBS and GSB. Received aid equivalent to tuition cost for GSB and $0 aid for HBS. The HBS figure is through the scholarship calculator (I’m not sure how close this figure is to the actual financial aid that comes after you accept admission).
I am recruiting for MF/UMM PE post-MBA. I am not URM. I have pre-MBA banking and buyside experience. I know it might be a no-brainer for some, but I would love to hear your thoughts. Please share if you have any tips on negotiating Aid. Thanks in advance.

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Re: HBS ($0) vs. GSB (Free Tuition$$) [#permalink] HBS ($0) vs. GSB (Free Tuition$$)   26 Jan 2024, 00:28
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Re: HBS ($0) vs. GSB (Free Tuition$$) [#permalink] HBS ($0) vs. GSB (Free Tuition$$)   26 Jan 2024, 00:38
First off, congratulations on the admits!

There is no tangible difference in brand name between the two. GSB and HBS are both excellent - go with GSB if it is free!

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Re: HBS ($0) vs. GSB (Free Tuition$$) [#permalink] HBS ($0) vs. GSB (Free Tuition$$)   26 Jan 2024, 12:13
Can you wait until the fin aid decision from HBS to decide, just so you have all information available? My understanding is HBS aid is mostly non-negotiable; there are ops to apply for additional fellowships but it is extremely competitive.

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HBS ($0) vs. GSB (Free Tuition$$) [#permalink] HBS ($0) vs. GSB (Free Tuition$$)   26 Jan 2024, 12:16
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Congratulations on the dilemma Hbsorbust1993


For GSB, I’m only familiar with Knight Hennessy….

do you qualify for need-based aid at HBS still with your banking background? It doesn’t sound like you would…

Hbsorbust1993 wrote:
Hi everyone,
I was admitted to both HBS and GSB. Received aid equivalent to tuition cost for GSB and $0 aid for HBS. The HBS figure is through the scholarship calculator (I’m not sure how close this figure is to the actual financial aid that comes after you accept admission).
I am recruiting for MF/UMM PE post-MBA. I am not URM. I have pre-MBA banking and buyside experience. I know it might be a no-brainer for some, but I would love to hear your thoughts. Please share if you have any tips on negotiating Aid. Thanks in advance.

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minhhoangvo
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Re: HBS ($0) vs. GSB (Free Tuition$$) [#permalink] HBS ($0) vs. GSB (Free Tuition$$)   28 Jan 2024, 13:24
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Hey, happy to help.

The HBS calculator is for estimation only. However, in my case, it was quite close to the actual amount I got. They will literally require you to submit the similar documents to prove your financial situation and hence will calculate aid based on those. Therefore, if anything special or burdensome with your family (for example, I had to submit documents about my mother's health conditions and her expensive treatments in addition), you should also submit as one in the FinAid application.

In your case, if you got "not much" from the HBS calculator, it's an easy financial choice to go with GSB.

Also, curious how you got aid from GSB but not HBS. Is the GSB Aid other than need-based financial aid (for i.e, the Hennessy Knight, other fellowships...)?

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Re: HBS ($0) vs. GSB (Free Tuition$$) [#permalink]
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