Should I bring up money matters?

<p>I have one quick question. I'm writing my personal statement and one of the questions we have to address is why we have chosen this precise moment in our lives to pursue a Master's degree. </p>

<p>One of the reasons why I'm applying to graduate school right out of college is because the Spanish government is offering 0% interest loans of up to 30,000 euros to college graduates that want to pursue postgraduate study abroad. We wouldn't have to start paying the loan back until we are making a reasonable amount of money, and I would only have to return about 1,000 euros each year. </p>

<p>As you can see, this is an opportunity I can hardly afford to pass up, as my family is going through a difficult financial situation and cannot contribute any money towards graduate school and salaries are very low in Spain (I would have to work at least 15 years to save up enough money to go to grad school). </p>

<p>Of course, that's not the only reason I want to go to graduate school---I have a genuine academic and professional interest in the program that I'm applying for. </p>

<p>I was wondering whether you guys think it's foolish to mention the fact that I have an unparalleled funding opportunity that may not be available further down the road... I mean, they know graduate study is madly expensive and that we have to take to think about funding when making a choice, but I wouldn't want them to think that I'm only applying because I can easily pay my way through.</p>

<p>What do you guys think? The only reason why I feel I should mention it is because it may show them that I've actually considered the funding issue (the total cost of the program is estimated at 35,000 euros so it's really no walk in the park) and will actually be able to attend if I'm accepted. </p>

<p>Thank you for your time</p>

<p>Don’t even mention the interest loans in your personal statement. This section is for you to convince the admissions folk that you are a competent graduate student. Share your life experiences and how they have lead you up to this point.</p>