Funding Options for International MBA Students

By - May 9, 08:00 AM Comments [0]

dollar signA recent Financial Times article discusses the numerous alternative lending options available for foreign b-school students. Because international loans from schools have been on the decline since the financial crash a few years ago and an increase in international default risk, international students have been turning to non-school and non-government loans. Here are a few of the options:

1. SoFi – This is a “peer-to-peer” lender that allows b-school alumni to provide loans to international students from their home countries. Interest rates are about 6%. (CommonBond is a similar peer-to-peer option.)

2. Pave – This crowdfunding start-up lets students raise funds from backers who will receive a share of future income as an investment. (A similar crowdfunding option is Upstart.)

See the FT’s article “Overseas students are lent a financial helping hand” for more details on these.







Accepted.com

 

Accepted.com's experienced admissions consultants can help you create the most impressive application possible with comprehensive packages, or provide targeted assistance from picking perfect programs to designing a dazzling resume, constructing engaging essays, or preparing for intense interviews…and more! Accepted.com has guided thousands of applicants to acceptances at top MBA programs since 1994 – we know what works and what doesn't, so contact us to get started now!

This article originally appeared on the Accepted Admissions Consulting Blog, the official blog of Accepted.com.

Leave a Reply

[0] Comments to this Article