Hi Amit,
Agree with above comments. As mentioned above, along with B-School online application (essays and other information) you need to submit your GMAT Score, TOEFL/IELTS Score, Resume and should have a minimum of 3 years of work experience. Please find below the answers to the queries you have asked:
1. Few B-Schools have early round and few have Round 4. So, for international students it is advisable to apply in either early round, R1 and R2 for visa purpose.
2. Regarding funding, you have 2 options -
a.
Educational loan - For Educational loan you can also check in Schools website if they provide loan without co-signer (there are couple of B-Schools that provide loan with co-signer like Wharton, Duke, NYU Stern and Cornell etc.)
b.
Scholarship - Every B-School have a different procedure for providing scholarships. Few B-Schools provide scholarship on merit basis(online application, essays and overall profile), where as few B-Schools have a separate essay question for scholarship in online application and there are few B-School like Stanford where you have to apply for scholarship before submitting a B-School online application. So, start doing the groundwork of B-Schools and keep an eye on such things.
You may also gauge your chances of getting admission to top business school by trying this amazing tool
https://bit.ly/1C9o2MdYou can also get your free profile evaluation done by the top Ivy league B-School grads during the webinar conducted by General Education on 3rd of May'15. For registration and more details visit our website
https://www.genedmba.com/webinars-seminars/Hope that helps.
Cheers!