Business School Loans
What are graduate business school loans?
Graduate business school
loans enable graduate students and business professional
who are seeking advanced degrees such as an MBA to
finance their college expenses. Graduate students who
apply for business school loans will find that they are
able to spend less time and energy worrying about how
they will pay for their degree program and more time
focusing on their studies.
Graduate business school loans: benefits
In addition to financing
your business school education, you'll find that there
are additional benefits to business school loans. You'll
find that business school loans from Student Aid Center
have an easy application process, quick approval and
fast funding. And, of course, you will also find that
these graduate loans have no hidden fees and competitive
interest rates that allow you to know that you're
getting the money you need for school at the best rate
possible.
Graduate business school loans: eligibility
To be eligible for graduate business school loans, you must:
be a graduate or professional student who is enrolled in a degree or certificate program;
be enrolled in school with enough credit hours to be considered a half-time or full-time student; and,
attend a school that is approved by the Student Aid Center.
Need Help? Have Questions?
Contact one of our Private Business School Loan
Counselors now at 1-888-9-GRADLOAN
or 1-888-947-2356
How much can I borrow?
| Degree
Program |
Cumulative
Loan Amount |
Limits for
Each Academic Year |
| Business
School Loans |
$1,500 -
$120,000 |
Cost of
attendance minus other aid |
| All
Others |
$1,500 -
$120,000 |
Cost of
attendance minus other
aid |
To be approved for business school loans, you must be deemed credit-ready or credit-worthy (or apply with a credit-worthy co-signer.
Credit-ready applicants for graduate business school loans must meet certain credit requirements (even though they are not required to have an established credit history) and be either a U.S. citizen or permanent resident who has lived in the United States for the past two years.
Credit worthy borrowers (including co-signers) must:
have been employed or self-employed/in business for at least two years;
have documentation of their current income;
have shown 21 months of a satisfactory credit history;
meet U.S. residency requirements; and,
must have resided at their current residence for at least one year.
Can international students apply for residency loans?
International students
are able to apply for residency loans from Student Aid Centers, but they must apply with a qualified co-signer. In addition, international students must be able to provide student visas or other required documentation along with their application.
Need Help? Have Questions?
Contact one of our Private Business School Loan
Counselors now at 1-888-9-GRADLOAN
or 1-888-947-2356
Repayment terms for graduate business school loans
Though repayment of your graduate business school loans will be deferred - both the principal and the interest - while you are enrolled in school and for a defined grace period, you are responsible for repaying your student loans. However, with Student Aid Center, repaying your loan will be as easy as possible. You will be able to make low monthly payments and take up to 20 years to repay the full amount of your loan.
In addition, detailed
examples of your repayment options - and answers to any
other questions that you have - can be obtained by
calling Student Aid Center and speaking with one of our
student loan
counselors.
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