The Dreaded "W": Waitlists at Top Schools Growing in the Softening Economy, Says Veritas Prep

Veritas Prep Announces Waitlist Assistance Service to Help Unprecedented Number of Waitlisted Applicants Leverage Proactive Strategies to Gain Admission Into Their Choice Business Schools


MALIBU, CA--(Marketwire - April 30, 2009) - An unfortunate byproduct of the softening economy, waitlists at top business schools are growing due to steadily rising tuition costs and dwindling financing options for prospective student borrowers. To assist the growing number of waitlisted applicants being confronted with the dreaded "W," Veritas Prep, a leading GMAT prep and graduate school admissions consulting provider, has rolled out a unique service aimed at leveraging proactive strategies to significantly improve the candidacies of waitlisted applicants, helping them land coveted spots in leading business schools.

"Given the uncertainty of the current economic climate, business schools rely on waitlists more than ever. Some admitted students face unprecedented difficulty financing the costly programs at top 30 schools, and are instead electing to attend less expensive programs or postpone grad school altogether. For their part, top business schools utilize their waitlists to deal with this dynamic," explains Scott Shrum, director of MBA admissions research at Veritas Prep and co-author of "Your MBA Game Plan: Proven Strategies for Getting Into the Top Business Schools." "Being waitlisted should no longer be considered a dreaded outcome in the admissions process, but rather a promising opportunity wherein strategic outreach can result in admission into one's top choice program."

Designed to help applicants gain valuable insight and perspective into their situation and maximize their chances of gaining admission off of the waitlist, Veritas Prep's Waitlist Assistance service seeks to create a strategic plan of action through one-on-one, practical guidance from a skilled admissions expert. Each package includes:

--  A thorough review of the student's entire application to identify
    potential reasons behind the school's decision to waitlist the applicant;
--  A plan outlining the appropriate level of contact and preferred
    mediums through which to communicate with the student's target graduate
    school; and
--  Assistance in the drafting of the waitlist letter, a composition
    designed to reiterate interest, address potential weaknesses and share
    recent developments that bolster the student's candidacy.
    

For more information about Veritas Prep's Waitlist Assistance, call 1 (800) 925 7737 or visit http://www.veritasprep.com/mba/programs.

About Veritas Prep

Veritas Prep is a leading GMAT prep and admissions consulting provider offering effective programs to help students improve GMAT scores and gain admission to the world's best graduate schools. Founded in 2002 by graduates of the Yale School of Management, Veritas Prep offers live GMAT prep instruction in more than 80 cities worldwide, as well as interactive online courses. In addition to the most comprehensive GMAT preparation courses available, Veritas Prep offers industry-leading admissions consulting and advising services to applicants seeking admission to the most competitive MBA programs and law schools.

Contact Information: Contact: Lisa Weiner 303 433 7020

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