I'll be applying to US bschools this year. I am an Indian male engineer with 760 GMAT and will have 5 years of workex in financial services by the time I join. From talking to many alum and consultants I realize scholarships are a long shot and there are no chances of my employer sponsoring the MBA. I've little savings or assets (compared to b school fees) so my only hope of financing the MBA would be via collateral free loans for the entire amount (tuition+other fees+living expenses).

From searching around I saw a few but not all schools offering collateral free loans and again not for the entire amount. Will this become a constraint should I get into a decent school but unable to secure the loans?

I am almost in a similar situation but with a score not as high as you.
Curious to find the answer to this.

Hoping for a reply from bb Nikhil Businessconquerer
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Good question. Usually there is a limit to how much the bank will finance. Some schools have relationships with local credit unions and lenders offering opportunity to borrow up to a certain amount. Usually most top 10 schools have this option. Also prodigy and mpower financing offer some loans. Usually, you need to have some personal savings, around 20% would be ideal.

However another option, you can get multiple loans.

Posted from my mobile device
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