Financial Information 2010

The MBA Solvay programme (full time and part-time modes) tuition fee is 25,000 euro including textbooks for the core courses.

A monthly estimation of the living expenses in Belgium is shown below. The sample budget is merely an estimate and may vary according to your circumstances. All prices are given in Euro.

What we offer: Scholarship “Honoured loan”

We offer 5 honoured loans for 50% of the entire tuition fee.
These scholarships will consist in granting 5 candidates with an honored loan of 50% of the entire tuition fee.

How to apply?To win a scholarship you must meet all the standard entry criteria for acceptance into the programme (GMAT, English language proficiency and work experience, 2 reference letters) namely, you must have been already accepted into the programme, as well as:

• Provide a motivation letter in support of your application file motivating your financial background and advocating for this scholarship.
• Write an essay between 500-1000 characters with spaces on a topic that will be communicated upon application to the loan.
• Participate in a phone interview with the Academic Director or the Admission Manager.

Terms and conditions.When a candidate has been accepted in the MBA Solvay we invite him/her to apply for one of the 5 “honoured loans” scholarships we offer.
Candidates who obtain the honoured loan will have to pay 50% of the entire tuition fee within the beginning of the programme and agree on the general terms and conditions contract with MBA Solvay; while the remaining 50% can be paid after completion of the MBA, once the alumnus will be in the financial conditions to afford the expense and within the deadline of 30 October 2012. (download "Terms and Conditions")

This “honour loan” will be assigned on the basis of merit. In order to apply students, already accepted into the programme, have to:

• Provide a motivation letter in support of your application file motivating your financial background and advocating for this scholarship.
• Write an essay between 500-1000 characters with spaces on a topic that will be communicated upon application to the loan
• Participate in a phone interview with the Academic Director or the Admission Manager.

The admission committee (composed of: 2 alumni, 2 faculty and the admission manager) analyses the received scholarship applications and essays during the scholarship selection namely on 30/05/2010. DEADLINE FOR APPLYING TO THE HONOUR LOAN HAS BEEN EXTENDED TO AUGUST 4.

They will grant during the selection the best 5 essays.

Granted Students must confirm their subscription within two weeks upon acceptance (by paying 2.500€ non refundable advance) to keep they scholarship. If they do not confirm, the scholarship will be redistribute to other candidates, following in the grading.

ING Loan

ING provides financial plans for Part-time MBA candidates and may consider a plan on a case-by-case basis for Full-time candidates.

For more information, contact the ING Expat Contact Center on:
Phone: +32 2 464.66.64
E-mail: expat@ing.be