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How to Save $5,000 On Your MBA Tuition

Just go to school in California as a resident.

I don’t think they’ve finalized the actual residential discount, but I’ve heard that it will be at least $5,000.  The process of proving your residency in California is a bit cumbersome.  The registration office sent me a list of required documents, based off of the information I had submitted before:

  • Driver’s license
  • Vehicle registration
  • Year old rental lease
  • 2010 Tax Return
  • 2009 Tax Return
  • 2010 W2’s
  • 2009 W2’s
  • Latest Pay Stub
  • Confirmation letter from payroll manager
  • Bank Statement with CA address

It took me about 2.5 hours to find, compile, scan, and print everything; at the end I had over 30 pages of documentation to submit.  And to top it off, they gave us a tiny yellow envelope to mail everything back.

My experience with UCLA’s Grad School administrative office hasn’t been great thus far.  First off, I never received an email from the graduate division with links to fill out my Statement of Intent to Register (SIR) and Statement of Legal Residency SLR).  I figured out online how to complete these tasks because I needed them to apply for housing.  Secondly, the curriculum has not been finalized yet and, therefore, the waiver requirements for each course have not been distributed.  I’m pretty sure I can test of introductory Accounting and Finance, and maybe take a more difficult course, but having been away from the core material for years, I’d definitely need some review first.

Anyway, I guess it’s still pretty early in the year.  Hopefully things will get better.

This post is adapted from Random Wok, a blog written by Mark Wong from Silicon Valley. You can read all of his posts at Random Wok.

Selected posts by Wong at PoetsandQuants:

Why I Want an MBA

Climbing the GMAT Mountain: 630 to 710 on a Practice Test

Do Consultants Have An Unfair Edge Over Other Applicants?

Falling Behind & Stressed Out

My New Critical Reasoning Strategy

Figuring Out My Odds of Getting Into Harvard, Stanford, Wharton

With My GMAT Classes Over, It’s Now Just Me and the Test

Making a GMAT Test Taker Feel Like A Complete Pansy

With a Month to Go Before His GMAT Test, It’s Time to Focus

Is The GMAT Really Designed To Break You?

I Took the GMAT Today and Rocked It!

Charting All My GMAT Scores Over Time With Lessons

After Scoring My 750, It’s Now All About Applying

MBA Applications Wisdom from Muhammad Ali

Facing A Gauntlet of Round Two Deadlines

Should Everyone Apply to Harvard Business School?

The Final Click Is The Hardest Click: Sending In My Application

A Punch to the Gut: Bad Reviews On His Draft Essays

MBA Essay Writing: Draining the Life Out of Me

Beginning to Realize You Can Never Write The Perfect MBA Essay

With Wharton and UCLA Apps Done, He Feels Like a Zombie

Taking Back His Life After Sacrificing Health, Time & Sanity

Slammed with Business School Spam Thanks to GMAC

Getting an Invite for An Interview from Berkeley’s Haas School

UCLA’s Anderson School Asks Our Blogger To Interview

A Ding From Harvard Business School

After a Harvard Ding, Good News in a Cryptic Email from Wharton

Another Ding: First Harvard, Now Berkeley’s Haas School Says No

Surviving the Wait Game

Why I’m Going to Get an MBA

Attending UCLA’s Admit Weekend

Navigating the Realities of the Wait List

Dumping His GMAT Books On Amazon

Waitlisted Again At Wharton