The United States is currently the world’s most popular MBA destination, according to research into applicants’ preferences. By extension, this means that there are a great number of people looking to fund US-based programs. US citizens and permanent residents have the option of applying for both federal and private MBA loans. For international students, however, the options are mostly limited to private loans and these often require a co-signer as a guarantor.
The goal of this information is to give an opening point getting details about mortgage choices for financial support MBA studies in the us. It’s strongly informed which you take advice from the newest financial aid agency of the universities to which you’re implementing just before filling out any forms to own personal MBA fund.
Government college loans are provided by the US Department of Education. For example, federal loans are usually offered at a fixed interest rate which is often lower than that available with private loans. That is why the financial aid departments of business schools such as Columbia and Wharton recommend that you seek out federal loans before applying for private MBA loans. (more…)
