MBA Loans for Students in Business School

Once you have made the decision to pursue an MBA, figuring out how to pay for it should be the least of your worries.

Your financial aid award package will tell you what types of business school loan programs you are eligible to accept. If you have remaining unmet need, you may need private "alternative" MBA loans to cover all your other expenses, including tuition, books, room and board, and a computer.

MBA Loan Options

• Stafford MBA Loan - Federal - Maximize your Federal financial aid (Stafford Loans) first.
• Alternative MBA Loan - Private - Then, utilize a private student loan to help cover the entire cost of education.

Federal Stafford Loans for MBA Students

Take advantage of a low, 6.8% fixed interest rate by borrowing the maximum amount you have been awarded in Federal Stafford loans. Check with your school's financial aid office if you are unsure if you have been awarded this. You may be able to borrow up to $20,500 each year in Stafford loans ($8,500 maximum in subsidized funds).

Private/Alternative MBA Student Loans

When scholarships and Federal loans are not enough, a Private "alternative" MBA Loan for business school students is here to bridge the gap of the cost of your education. Specially created for business school students and families with unmet financial need, our goal is to make business school possible!