Frequently asked questions (FAQ)
what are the eligibility requirements to apply?
To apply for our summer 2020 programs, you must be a sophomore studying at a four-year, U.S. university in the fall of 2019. All applicants should have an expected graduation year of 2022. All eligible applicants will be considered.
do I have to be a u.s. citizen/permanent resident to apply?
The majority of our internships take place in the U.S., and thus require authorization to work in the U.S.
If you are not currently a U.S. citizen or Permanent Resident, please be sure to check if your school offers CPT/OPT and would be willing to sponsor your internship before applying to our program. Please also keep in mind that your university may only offer CPT for one summer.
can i apply if i’m not a finance major?
Yes! We encourage students from all majors to apply. In 2019, 50 majors were represented among our cohort of 150 students.
What materials are required for the application?
As part of your application, you will need to submit the following:
Two letters of recommendation (one personal and one academic)
Most recent college transcript
High school transcript
Additionally, we will provide instructions for these requirements:
A one-minute pre-recorded video
Two written essays
We will ask for a record of your employment and extracurricular history, but submission of a formal resume is optional.
do i have to complete the application in one sitting?
No, you can save your progress and come back to the application as many times as you need, as long as it is completed and submitted by the appropriate deadline.
when do i need to submit my application?
For Early Action submissions, the deadline is Monday, September 30th at 11:59 p.m. PST
For Regular Decision, the deadline for submission depends on your university’s academic calendar:
For students on a semester schedule, the deadline is Monday, November 4th at 11:59 p.m. PST
For students on a quarter schedule ONLY, the deadline is Friday, November 15th at 11:59 p.m. PST
do my letters of recommendation have to be submitted by the deadline?
You should request your letters of recommendation as early as possible. However, we allow a two-day grace period for letters to be submitted following the official deadlines for early action and regular decision.
should i superscore my test scores?
Please report your scores from each date you took the SAT, ACT, etc. Our application will superscore the results for you, but we require reporting of all test dates.
When will admissions decisions be released?
For Early Action applicants, decisions will be released by early November.
For all Regular Decision applicants, decisions will be released in late December.
should i apply early action?
Our Early Action process is non-binding, meaning that you are not obligated to accept an offer of admission. You will be asked to indicate your decision to participate within a week of receiving your offer.
If you apply Early Action, you will receive your admissions decision by early November. Early Action is a great choice for those who would like a head start on confirming their summer plans. It is not easier to gain admission through Early Action.
if i apply early action, can i get deferred to regular decision?
Yes, it is possible that you will receive a Deferral decision after you submit your Early Action application. If you are deferred, your application will be reconsidered during the Regular Decision admissions process.
is there an application fee?
No, you can apply to our programs free of charge.
do i get to choose my campus placement and internship location?
The short answer is no. While you are able to indicate geographic preferences, you are not ultimately guaranteed to receive a placement in that region. Our team at GWI works to find campus and internship placements that will be a great fit for each of our scholars.
what are the costs associated with the program?
GWI’s Summer Intensive Program is a tuition-free program subsidized by our partner organizations. This means that there is no flat fee to attend our four-week on-campus academic program. Additionally, we provide free room and board on each campus, as well as food throughout the four weeks. Scholars are responsible for covering travel costs to and from assigned campuses and internship cities. Scholars are also expected to secure and pay for housing throughout their 6-week internships. Please note that all of our internships are paid positions, with rate of compensation determined by participating partner firms.
For those requiring financial assistance, we may offer stipends to assist with the costs of travel and internship housing. The process of applying for these funds begins after you have been accepted to the program.
If you still have questions, please contact us at firstname.lastname@example.org