Written by: Marc Ethier
Published by: Poets&Quants
MBA News Digest Comment: None.
Extracted Content: In a world where MBA students pay more than $200,000 to attend an elite business school for two years, a $275 application fee may not seem like a lot. But Stanford Graduate School of Business Class of 2020 MBA Yohanna Maldonado knows the cost to apply to B-school has long been a major barrier for a huge number of people from one region of the world: Latin America.
Maldonado, a Venezuela native, is among those applauding Stanford’s move, announced today (August 11), to suspend its application fee for Latin American MBA applicants making less than $40,000 per year. The Sí Se Puede Latin America Fee Waiver, effective immediately, means residents from Puerto Rico to Peru can apply for free to Stanford’s No. 1- ranked program — a big deal for a part of the world where per capita income is under $10,000. Stanford’s round one deadline is September 15.