Before we explain the process, allow us to explain a bit about financial aid.
Management and Technology Summer Instititue's admissions decisions are need-blind. Once the admissions committee has chosen their class, they will review that list to determine who among them has applied for financial aid.
There is no base criteria to apply for financial aid. There is no average financial aid award. Decisions are need-based and the committee has a finite amount of funding. Financial aid awards may cover full tuition or partial tuition. We are not always able to cover the full amount that was requested, and not all who apply for financial aid will receive an award.
Please note that financial aid decisions will be released with or immediately following admissions decisions. Your tuition balance, if applicable, must be paid within two weeks of the receipt of your invitation to attend.
This means that all financial aid applicants should prepare for the possibility of not receiving the financial aid amount that they have requested. While you wait for your admissions and financial aid decisions, you should also research private sources of funding in case you are not in a position to cover any remaining balances on your own. Here's a link to our resource page which may help you with your research.
As part of your application for admission, you'll be required to tell us whether or not you wish to apply for financial aid. If you answer "Yes, I plan to apply for financial aid." we'll add the necessary sections to your application so that you can complete the financial aid application. In order to be considered for financial aid, both sections must be completed by 11:59pm EST on February 22, 2019.