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Educational Loans

Student loans for U.S. Citizens and U.S. Permanent Residents

There are four loan programs available to full-time MBA students.

The Federal Stafford and Federal Perkins loans are available to U.S. citizens and U.S. permanent residents who enroll in two or more courses each quarter. The Federal Perkins loan is limited to full-time second year campus students only. Graduate/professional students can apply for the Federal GradPLUS loan.  This is a new, credit-based, federal loan and is subject to the same rules and regulations as all other federal financial aid programs.  The Federal GradPLUS loan is used in place of the private alternative loan. 

All students can apply for a private, credit based alternative loan.  Students can borrow up to the cost of attendance (which is set by the financial aid office) minus any other financial assistance.

Student Loans for International Students

Generally, there are two private, credit based alternative loan programs for international students.  One loan requires the student have a co-signer who is a creditworthy US citizen or US permanent resident currently living in the US.  The other loan does not require any co-signer. International students do not need a US social security number to apply for either of these loans.  A credit history in the US is NOT required to receive either loan.  Students can borrow up to the cost of attendance (which is set by the financial aid office) minus any other financial assistance. 

 

 

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