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A go-to source for information about financing an MBA education. Learn more about graduate business school loans, scholarship opportunities and more.

Latest Stories About Financial Aid

Jul 30, 2015

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Financing Your MBA, Part IV

In our previous post on financing your MBA, we covered loan programs for MBA students from the United States. Today, we’ll take a look at loans through the lens of international students, who face some different restrictions but who are also eligible for special programs tailored to their unique requirements. By law, federal loans can only be distributed to U.S. citizens or permanent residents. This means that international students must put extra work into finding financial aid and loan program... Read more »

Jul 24, 2015

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Financing Your MBA, Part III

Moving right along in our multi-part series on financing your MBA, we’ll take a look today at some of the options prospective MBA students have for obtaining loans to finance their time at business school. For the purposes of this post, we will focus primarily on loan programs for U.S. students. International students, stay tuned for subsequent posts that will go into greater detail about loan programs tailored for your needs. Of course, because loans must ultimately be repaid—unlike scholarship... Read more »

Jul 22, 2015

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Quiz: How Student Loan Savvy Are You?

Business school is a major investment — both in terms of your future career prospects, and your personal finances. While many of our readers are currently focused on how to get into the MBA program of their dreams, we know that some of you are also considering how you’ll eventually pay for it. Do you know everything you need to navigate the student loan scene? Take this quick quiz for some feedback on your FAIQ (Financial Aid IQ) as you consider tuition costs and financing options fo... Read more »

Jul 17, 2015

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Financing Your MBA, Part II

In the first of our multi-part series on financing your MBA, we took a look last week at the costs involved in attending a top-tier business school. Now, with a better handle on how much money you’ll need, let’s start looking at where that funding will come from. Students typically rely on a mixture of savings, fellowships and scholarships, employer or outside assistance, and loans to meet the cost of an MBA program. According to the GMAC 2015 Prospective Student Survey, domestic applicants from... Read more »

Jul 7, 2015

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Financing Your MBA, Part I

Getting into a top-ranked MBA program is no small feat. With application deadlines recently posted at several leading schools, many prospective applicants are laser focused now on preparing for the GMAT, submitting undergraduate transcripts and crafting perfect essays. But every bit as critical as gaining acceptance to these top programs is figuring out how you’ll manage financing your MBA once you do. If you’ve got a spare couple hundred thousand dollars in your bank account, then you can proba... Read more »

Apr 13, 2015

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A Guide to Student Loans for MBAs

The following sponsored content was provided to Clear Admit by CommonBond. For more information about sponsorship opportunities with Clear Admit, contact us here. First off, congratulations to all the new admits! Whether you’re starting your first year this fall or returning for your second year, you’ll need to answer the following question: How will you pay for the next year of school? If the answer is “all or partially with student loans,” we’ve got you covered with the information you need to... Read more »

Mar 26, 2015

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Economist, GMAT Tutor Launch $25,000 Scholarship Competition for MBA, EMBA Applicants

The Economist and test prep firm GMAT Tutor have once again partnered to offer a $25,000 scholarship to the prospective MBA or EMBA student who scores highest on a simulated GMAT exam. Called the Brightest Minds MBA Scholarship Contest, the competition is open to prospective MBA or EMBA students anywhere in the world. The first competition ran in 2014, drawing more than 4,500 entrants, The Economist reported. To take part in the contest, applicants simply complete The Economist GMAT Tutor simula... Read more »

Mar 13, 2015

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Yale School of Management Announces New LGBT Scholarship

Class of 2017 students at the Yale School of Management who demonstrate both strong academic skills and a capacity for leadership within the lesbian, gay, bisexual transgender and queer (LBGT) community will now be eligible for a new scholarship opportunity, the school announced this week. Through its partnership with Reaching Out MBA, a nonprofit dedicated to empowering LBGT MBA students, Yale SOM will award two Reaching Out LGBT MBA Fellowships to incoming Yale SOM students.   Recipients of th... Read more »

Mar 5, 2015

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IESE Becomes Latest Business School to Ink Deal with Prodigy Finance for International MBA Loans

Spain’s IESE Business School has reached an agreement with U.K.‒based Prodigy Finance that will enable it to offer a new loan to international MBA and Global Executive MBA (GEMBA) students to help them finance their studies, the school announced this week. In other words, financing an IESE education just became much easier for students who live outside of Spain. The new deal expands IESE’s existing loans and scholarships, which help students cover tuition fees and living costs. International stu... Read more »

Feb 17, 2015

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UPenn’s Wharton School Debuts New Online Business Foundations Series, Associated MBA Scholarship

The University of Pennsylvania’s Wharton School has expanded its online offerings of foundational MBA courses to now include a Business Foundations Specialization series that adds a capstone project in which participants can apply what they learn to help solve real-world business issues, the school announced last week. And in another new twist, Wharton will invite top performers in the online series to apply to one of the school’s graduate programs, waiving the application fee, and will award up... Read more »

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