2023 2024 EduVark > Education Discussion > General Discussion > MBA Loan International Student


Thread: MBA Loan International Student Reply to Thread
Your Username: Click here to log in
Title:
  
Message:
Trackback:
Send Trackbacks to (Separate multiple URLs with spaces) :
Post Icons
You may choose an icon for your message from the following list:
 

Additional Options
Miscellaneous Options

Topic Review (Newest First)
July 14th, 2017 12:47 PM
Nitin Sharma
Re: MBA Loan International Student

Haas School of Business, University of California Berkeley has secured multiple loan options for international students that do not require a co-signer (“risk-share” loans).

Risk-share lenders were selected based on their ability to make loans at reasonable rates

The combined borrowing capacity for the risk-share loan options below is $64,000 for the 2017-18 academic year ($62,000 for the 2016-17 academic year).

Students are not responsible for making loan payments on risk-share loans while enrolled in at least 6 units or during the grace period.

The grace period commences after graduation, or after dropping below 6 units. Borrowers of these risk-share loans are expected to maintain a cumulative 3.0 GPA to be eligible for loan disbursement.

MBA students: your borrowing capacity is only half the maximum in your final fifth semester.

Loan maximums will be the lowest of either

the total cost of attendance minus other expected financial aid
OR
the loan maximum for the loan program

Risk-Share Lenders for Haas Students

2017-2018 Elements Financial

Maximum: $32,000 per term
3% Fee, added to the principal
Prime + 3.5% interest rate (7% as of June 2016)
6 month Grace Period
20 year repayment options, No pre-payment penalties
Visa documentation is required. Their office will facilitate this process.
0.25% interest rate reduction for auto-debit payments when in repayment period

2017-2018 Discover Custom Graduate Loan

Maximum: $32,000 per term
Zero Fees
3-month LIBOR + 6.99% interest rate (starting rate currently 8.24% APR as of April 1, 2017)
9 month Grace Period
20 year repayment, No pre-payment penalties
Visa documentation is required. Coordinate with Discover Student Loans.
0.25% interest rate reduction for auto-debit payments when in repayment period
A negative credit history could affect approval

If you need assistance during the loan process, please call their dedicated Custom Graduate Loan customer service number at 1-800-973-5145

Contact-

Haas School of Business
2220 Piedmont Ave, Berkeley, CA 94720, USA
July 14th, 2017 12:35 PM
Unregistered
MBA Loan International Student

I want to get the details of loan for MBA in Haas School of Business for International Student so can you please provide me?

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT +5. The time now is 02:42 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
Content Relevant URLs by vBSEO 3.6.0

1 2 3 4 5 6 7 8