requirements

Hello! Congratulations on entering a top-10 business school for your Executive MBA (EMBA). Generally, for traditional student loans or financing options, lenders often look for proof of income to ensure that borrowers have the means to repay the loans. However, the requirements can vary among lenders and programs.

In your case, since you own your own business, it's essential to highlight your business ownership and any financial stability it provides. Lenders may consider business income, assets, and your overall financial profile when evaluating your loan application.

It's recommended that you reach out to the financial aid or admissions office at your business school to discuss your specific situation. They can provide guidance on available financing options and whether your ownership of a business would be considered as a qualifying factor.

Additionally, you may want to explore alternative financing options, such as business loans or lines of credit, that are specifically designed for entrepreneurs and business owners. These options might take into account the financial health of your business rather than traditional employment income.

Remember to thoroughly research and consider all available options to find the financing solution that best fits your needs and circumstances. If you have any queries regarding MBA funding, drop us your query on GMAT Club here.