Financing your MBA - International Students

Hi everyone, let me add some new information into this topic.

I am an international MBA student, currently on my first year at Michigan Ross, where up until recently there was no loan option for internationals. And, as you know, private financing institutions usually require US co-signers, so this is frequently a problem to most of us.

But now, Prodigy Finance is offering possibility of loans to international students at Ross and many other schools without requiring an US co-signer.
The loans are funded by a community of alumni investors, and by other investors who wish to support higher education.

I am taking a loan from Prodigy, and I am also an ambassador of the program, so I will be more than happy to share more information with you.

Here goes some quick info about Prodigy:
- 150 nationalities covered
- Competitive interest rates
- No collateral, guarantees, or co-signers required
- Easy online process
- No repayments while you study
- Excellent customer service

Currently, Prodigy has programs at Cambridge Judge Business School, Cass Business School, Columbia Business School, Cranfield School of Management, ESMT, INSEAD, London Business School, Manchester Business School, Oxford Saïd Business School, and Vlerick Business School. And they are expanding and adding new programs, so please check the website!

I agree with andreyjv that the Prodigy loan process is straightforward. The rates are quite competitive without any collateral.

You may need to send us a copy of your passport and one of the following documents for loan approval. We will notify you when we need them during the application process.
F-1 Visa
H1-B Visa
J-1 Visa
L-1 (L1A or L1B) Visa
Form DS-2019
Form I-20
Form I-766
Form I-797

This will be something that will fall on the shoulders of your co-signer to break through to try to convince them to approve or at least pre-approve the loan.
This issue has existed for as long as I can remember and I am surprised it has not been resolved yet. However, if you have a US co-signer you have a good availability of options to apply for. You can also check SoFi, M7 Financial, and Prodigy Finance to compare quotes options and amount of headache (which may end up the deciding factor)

Hi guys,

I am arun from India, with a GMAT score of 710 CGPA 3.7 and 4 yrs of sales and marketing workex in the Automobile idustry

An MBA in the TOP universties in US costs around USD90,000. with the H1B lottery system in place for international students and an OPT period of onlt 12 months for an MBA GRAD, is it really worth risking the lottery system and go for an MBA in the UNITED STATES