{"id":18342,"date":"2013-05-09T08:00:56","date_gmt":"2013-05-09T15:00:56","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/?p=18342"},"modified":"2013-05-12T13:07:00","modified_gmt":"2013-05-12T20:07:00","slug":"funding-options-for-international-mba-students","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/funding-options-for-international-mba-students\/","title":{"rendered":"Funding Options for International MBA Students"},"content":{"rendered":"

\"dollar<\/a>A recent Financial Times<\/em><\/a> 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:<\/p>\n

1. SoFi<\/a> \u2013 This is a \u201cpeer-to-peer\u201d 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.)<\/p>\n

2. Pave \u2013 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.)<\/p>\n

See the FT<\/em>\u2019s article \u201cOverseas students are lent a financial helping hand<\/a>\u201d for more details on these.
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