Events & Promotions
|
|
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Apr 2408:30 PM IST
-09:30 PM IST
Join us for a Live Coffee chat with Jenifer Turtschanow where we talk about enhancing your MBA profile and fixing gaps in just 4 months.
Apr 2511:00 AM EDT
-01:00 PM EDT
Looking to secure a coveted spot at a top business school? Our team of seasoned MBA admissions consultants, including top B schools alumni and industry leaders, is here to help turn your dreams into reality. Let’s kick-start your journey to success!
Apr 2908:00 PM EDT
-09:00 PM EDT
Join us for a live Ask Me Anything (AMA) session with Juno’s Co-Founder, where we’ll break down everything you need to know about financing your MBA in today’s rapidly changing landscape.
Apr 3010:00 AM EDT
-11:00 AM EDT
Applying to business school from a finance background? Personal MBA Coach is here to help with this quick tips video on how to set yourself apart during the MBA application process!
Apr 3012:00 PM EDT
-01:00 PM EDT
Starting at $975 and offering up to $545 of savings, our new Amplify Hourly Packages offer structure and support in certain high-value areas (story development, resume, essays, interviewing) to help get your applications across the finish line.
14 Aug 2012, 11:30
Kudos
Bookmarks
Hello for everybody!
I'm going to learn in business school in credit. Could you please describe credit conditions for students, if any one came across. Is the fact of admission to business school sufficient for getting a loan for living and learning? Do I need additional surety? Is it possible to get credit for the entire period of studying and living before the start of training? And the last question, what are the terms of tuition fees: a lump sum at the beginning or in installments (by semester)?
I'm sorry if those topics have already been discussed, but I can't find it.
Thank you so much for help!
I'm going to learn in business school in credit. Could you please describe credit conditions for students, if any one came across. Is the fact of admission to business school sufficient for getting a loan for living and learning? Do I need additional surety? Is it possible to get credit for the entire period of studying and living before the start of training? And the last question, what are the terms of tuition fees: a lump sum at the beginning or in installments (by semester)?
I'm sorry if those topics have already been discussed, but I can't find it.
Thank you so much for help!
mappleby
Joined: 04 Oct 2011
Last visit: 08 Nov 2018
Posts: 432
Own Kudos:
Given Kudos: 150
Concentration: Finance
Schools: Booth '15 (II) CBS '15 (M$)
GMAT 1: 700 Q44 V41
GMAT 2: 750 Q48 V46
GPA: 3.03
WE:Project Management (Military & Defense)
Products:
14 Aug 2012, 19:03
Kudos
Bookmarks
I'm guessing from your writing that you are a foreign applicant. If that is the case I understand it can be very difficult to get loans in the US. Simply being admitted will not be sufficient and you are better off trying to obtain financing in your home country.
If I'm mistaken and just mis-reading your English and you are a US citizen then you have a plethora of options. You should qualify for roughly $20,000 in Federal Loans, you can get additional loans at higher rates from the government, private banks or even Sallie Mae. Most graduate student loans will allow you to take out a loan up to a maximum of the Student Budget the school gives you. So theoretically you could take out a ~$90k loan to cover all your expenses. Each loan will vary on when you get the money and the method/terms of repayment.
If I'm mistaken and just mis-reading your English and you are a US citizen then you have a plethora of options. You should qualify for roughly $20,000 in Federal Loans, you can get additional loans at higher rates from the government, private banks or even Sallie Mae. Most graduate student loans will allow you to take out a loan up to a maximum of the Student Budget the school gives you. So theoretically you could take out a ~$90k loan to cover all your expenses. Each loan will vary on when you get the money and the method/terms of repayment.
17 Sep 2012, 22:45
Kudos
Bookmarks
To add a little to what has already been said, you can take out a no co-signer loan. These are designed keeping internationals in mind, most top 10 Bschools offer them. You'll have to visit each school's website for details and rates.
