OyoTunjiUSA:



Hey 🤠

1. I won't advice you to pay the 1000$ even if you are applying to Stanford University. The 90k scholarship on MBA is a ploy because the 1000$ is not refundable if F1 is denied .

2. You even planned to cover your 56k deficit via loan .

3. Why MBA in the first place ? Is your employer sending you over or you have a fast growing business with growing staffs ? Is your MBA STEM related because MBA is now moving away from the commonplace MBA which you can even bag in UniLaG, Lagos Business School , OAU etc.

4. Move away from MBA if you don't meet up with any of the above outlines. Someone going for Msc Economics in the USA can as well do the Msc at Covenant University or University of Cape Town. There must be genuine and unique reasons for wanting to study abroad.

5. If you are fine with your MBA chose another University with STEM MBA and don't use loan to cover your deficit . Paying 1000$ as a spot deposit before I 20 is issued is not a new policy but i won't pay it on MBA admission.


Best Wishes

Hi thanks for your response,

The MBA is stem based with concentration in fintech and I am not sponsored by my employer or have a fast growing business.

I have the option of using family fund for my deficit or what options do you think?

Please I need some guidance and thoughts on the scenario below:
I got a full time mba admission in the USA with a 90k dollars scholarship. However my total cost of attendance is 146k dollars. So the deficit of the 56k would be covered via a loan though. I am expected to pay a non-refundable fee of 1000 dollars to secure my seat. Is it advisable to pay this amount or not? And please state your reasons. Also I cannot waive the fee and I need to pay this fee to get my I-20 to get the visa processing going.