Anything you wish you did 1-2 years before going to b school to help pay for the cost? (E.g., 529)

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Wish I had done more gmat tutoring so I could get a 780 and go for free.

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Yeah getting more scholarship would have been great (think GMAT is the best lever for that). 529 is another good one — can save on taxes for a couple of year. I didn’t actively do anything on this one but having a good credit score also helped with getting a pretty low interest rate in my student loans.

Lastly just having enough savings has made it more comfortable to go. I took loans anyway so I could have the capital, but I could pay off the amount if I needed to.

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How does a 529 work? Allocate pre tax dollars into the account, then withdraw for school related expenses?

I maxed out at 5K (the max you can deduct off NY income). You can apply to the money to anything on your student bill and then other items as well. Even if you a 0 student bill you could contribute and the bursar will reimburse you

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Additional Posts in MBA Students

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