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Stanford, Graduate School of Business: Financial Literacy Program Jack Edwards Director of Financial Aid Stanford, Graduate School of Business. Agenda. Background on the GSB Financial Literacy Program Loan Repayment Future Options Articles/Links/Additional Programs. GSB. Enrollment
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Stanford, Graduate School of Business: Financial Literacy Program Jack Edwards Director of Financial Aid Stanford, Graduate School of Business
Agenda • Background on the GSB • Financial Literacy Program • Loan Repayment • Future Options • Articles/Links/Additional Programs
GSB Enrollment • MBA = 820 fulltime students • MSM = 81 fulltime students • PhD = 104 fulltime students
MBA Program COA = $87,081 ($55,200 tuition) • 75% – 80% apply for Financial Aid • 55% – 60% receive Fellowship Fellowships awarded based on demonstrated financial need. Loans available for both domestic and international students.
MS in Management Program is geared for middle management who are sponsored by their employer. 1 year program Tuition = $108,000 Self sponsored only receive loans
PhD Program Receive full fellowship that covers tuition, health insurance and provides a living allowance stipend
Financial Literacy Programs in Autumn Quarter • Financial Aid At the GSB • Understanding Your Credit Score • Budgeting • “Why Didn’t Any One Tell Me This While I Was in Business School?”
FL Programs in Winter Quarter • Deducting Your GSB Expenses • International Tax Workshop • Estate Planning • Retirement Planning • Compensation for Executives
FL Programs in Spring Quarter • Financing 101: Mortgage • The Path to Home Ownership • Looking to possibly add: • Identity Theft: Protect Yourself In the past we have done sessions on Foreclosures and Short Sales as well
Spring Continued: Mandatory Exit Counseling for Graduating students • 12 in person sessions • Have a online form to complete then GSB will upload the data to NSLDS
Spring Continued: Loan Repayment Strategies
SimpleTuition’s PayBackSmarter.com: Revolutionizing Loan Counseling • Smarter way to understand repayment options for federal and private loans in one place • Displays monthly loan payments for the federal options simultaneously • Simple interface and plain language approach • Coming soon - Application Portal with repayment plan & postponement forms • Available now to • supplement loan counseling
Additional Programs/Articles • Family Financial Planning • Delinquency: The Untold Story of Student Loan Borrowing • Social Media – A Scammers Paradise • Financial Planning for Your Future • Pocket Fees Instead Of Paying
Links • Credit Card Payoff Calculators • Glossary of Financial Terms • Budget Worksheets • Identity Theft Information Tracker • Spendster.org • Mint.com
Contact Jack Edwards Director of Financial Aid Stanford, Graduate School of Business Knight Management Center 65 Knight Way Stanford, CA 94305 650.736.1758 edwards_jack@gsb.stanford.edu