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Nov 2007:30 AM PST
-08:30 AM PST
Learn what truly sets the UC Riverside MBA apart and how it helps in your professional growth
08 Feb 2015, 07:27
Kudos
Bookmarks
Hi All,
I was admitted to the NTU's MBA program. I'm from the U.S but have spent the last 5 years of my life in Japan. I am struggling to find a loan to help pay for school, because the banks recommended on the NTU website will only loan to Singaporeans/Malaysians/Indians, and big U.S banks and international banks will only loan to schools within the U.S for a U.S citizen, and none of the big boys (from the research I've done) seem to have a relationship with NTU. Also, because I have lived outside of the U.S and don't have any significant assets there (just retirement/some stock but no house), I have probably have little data to go on in terms of having a credit score, which could be another potential issue.
In addition to continuing the search on my own, I thought it would be a good idea to ask if anyone else out there has faced a similar situation and might have some advice. I understand that figuring out how to pay for school is entirely my responsibility, but I was a bit surprised at the hurdles one faces when trying to get a student loan for an international program.
I have contacted the school to see what kind of assistance they may be able to offer, and hopefully will hear back tomorrow. I will report in on that as well, but in the meantime, I feel like I should be scouring every corner of the internet for advice and potential leads, and would be eternally grateful if anyone had any ideas.
Wishing all the best to my fellow MBA applicants for the year.
JP
I was admitted to the NTU's MBA program. I'm from the U.S but have spent the last 5 years of my life in Japan. I am struggling to find a loan to help pay for school, because the banks recommended on the NTU website will only loan to Singaporeans/Malaysians/Indians, and big U.S banks and international banks will only loan to schools within the U.S for a U.S citizen, and none of the big boys (from the research I've done) seem to have a relationship with NTU. Also, because I have lived outside of the U.S and don't have any significant assets there (just retirement/some stock but no house), I have probably have little data to go on in terms of having a credit score, which could be another potential issue.
In addition to continuing the search on my own, I thought it would be a good idea to ask if anyone else out there has faced a similar situation and might have some advice. I understand that figuring out how to pay for school is entirely my responsibility, but I was a bit surprised at the hurdles one faces when trying to get a student loan for an international program.
I have contacted the school to see what kind of assistance they may be able to offer, and hopefully will hear back tomorrow. I will report in on that as well, but in the meantime, I feel like I should be scouring every corner of the internet for advice and potential leads, and would be eternally grateful if anyone had any ideas.
Wishing all the best to my fellow MBA applicants for the year.
JP
Archived NTU Discussion
Hi there,
You've stumbled upon an old discussion from our NTU Forum
that's now outdated and has been archived. No more replies are possible here.
Interested in current discussions? Feel free to dive into our dedicated NTU Forum
for all fresh things related to the NTU MBA program.
Thank you for understanding, and happy exploring!
08 Feb 2015, 20:13
Kudos
Bookmarks
scjmprescott
No loan for international candidates for MBA.
09 Feb 2015, 04:12
Kudos
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littlegirl
That's a very broad statement. It would be nice if you would go into detail, as I'm sure the issue is not as simple as this. There are companies that give these loans, and there are students that study internationally. So to make a sweeping "no" response and provide no source for your information nor state who you are or how you came to this conclusion is entirely unhelpful, though I'm grateful for any response at all.
If you could elaborate, or if someone has some helpful information, even if it is not what I'd like to hear, please let me know. I can't be the first and only person in this situation, and giving up can't be my only option.
Thank you.
