Mary Jean and Frank P. Smeal College of Business Administration at The Pennsylvania State University
106 Business Administration Building
University Park , PA 16802
953 people applied to the full-time MBA program in 2001. The school accepted 25% (selectivity) of those applicants, and 46% of admitted applicants (yield) enrolled in the program.
The B-school placed 23 applicant(s) on its wait list, from which 1 were ultimately accepted. 4% of applicants had applied in prior years, and of those reapplicants 21% were accepted.
Female applicants
35%
International applicants (1)
77%
Underrepresented minority (2) applicants
3%
Interviews for MBA applicants are:
Required
Recommended
By invitation only
In 2001, the B-school interviewed 35% of its full-time MBA applicants, and 100% of its admitted applicants.
(1) Applicants from countries other than the school's home country.
(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.
INVESTMENT AND DEADLINES FOR CLASS OF 2004
Average total (not annual) cost of full-time MBA program
Resident
$19,036
Nonresident
$35,552
Expected monthly rent
$683
Recommended annual budget (1)
$28,500
Application deadline(s)
Dec. 1, 2001
Feb. 1, 2002
Mar. 1, 2002
June 1, 2002
Deadline for scheduling an interview:
July 1, 2002
Financial aid deadline(s):
Feb. 2002
First-year MBAs:
Average financial aid package
$15,461
Range (middle 80%)
$2,500
-
$29,091
Average first-year scholarship awards (not including loans)
$1,935
Second-year MBAs:
Average financial aid package
$10,781
Range (middle 80%)
$50
-
$25,350
Average second-year scholarship awards (not including loans)
$739
Full-time MBAs receiving financial aid through B-school
67%
Graduate assistantships offered to qualifying second-year MBAs? Yes
Graduate assistantships offered to qualifying first-year MBAs? Yes
Scholarships are merit or need based? Merit based
2 full-tuition scholarships were awarded by the school to full-time MBAs in past 12 months
Guaranteed loan? (2) No
Maximum amount students can borrow: n/a
Average outstanding loans for 2001 graduates: $5,386
(1) Student budget includes tuition fees and living expenses.
(2) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.
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Copyright 2001, Bloomberg L.P.
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