Business School Loans - MBA Loan

On average, graduates of full-time MBA programs expect a 54% increase in salary compared with their pre-MBA earnings

MBA LOANS® program is the only loan program endorsed by the Graduate Management Admission Council® (GMAC®) as part of our mission to promote access to graduate management education. The MBA LOANS Program is offered by Sallie Mae®, the largest student loan provider in the United States. MBA LOANS® has loaned over $2 billion to MBA students over the life of the program, and it is the largest loan program in the world for MBAs.

MBA LOANS® offers three types of low-cost loans for graduate business students:

  • Federal Stafford Loans
  • Graduate PLUS Loans
  • MBA LOANS® Private LoansSM

Students can easily apply for loans together with MBA LOANS®.

Advantages of MBA LOANS

MBA LOANS® offers a convenient and fast way to apply for student loans. (Apply online for the private loan by visiting MBA LOANS.) You can usually get credit approval in less than five minutes. If you have any questions, call +1-888-440-4MBA (+1-888-440-4622).

MBA LOANS® offers hassle-free application processing and loan disbursement. The efficient loan processing of Sallie Mae® means your school gets the loan checks on time, and you get on with your degree.

For more information about MBA LOANS®, go to www.salliemae.com/mbaloans.

Federal Stafford Loans

It is a good idea to take out a federal Stafford loan first, as these loans often have the lowest interest rates. If you are eligible, apply for a Federal Stafford Loan through MBA LOANS®. You can borrow up to $18,500 annually through this federal loan program. As an MBA LOANS® Federal Stafford Loan borrower, you’ll get—

  • the Sallie Mae Cash BackSM Program, a new benefit for eligible Federal Stafford Loan borrowers,
  • combined billing for your MBA LOANS® and any other loans owned or serviced by Sallie Mae®, and
  • a wide variety of repayment options.

Graduate PLUS Loan

New in Academic year 2006-2007, the Graduate PLUS Loan is a federal loan program designed to take over where the Federal Stafford Loan leaves off.  Eligible graduate and professional students can borrow up to the cost of attendance minus other assistance at a fixed interest rate with a Graduate PLUS Loan.  Other benefits you will enjoy include—

  • great borrower benefits that help you reduce your loan amount when you pay promptly, and
  • flexible repayment options  (note: lender dependent).

Business Education Loan

The MBA LOANS® Private Loan has low interest rates based on your credit rating, and 90% of all applicants are approved without a cosigner. Other benefits include—

  • the same great servicing and flexible repayment options available with other Sallie Mae® products, and
  • the ability for non-U.S. students to borrow with a U.S. citizen or resident cosigner.

For more information about MBA LOANS®, go to www.salliemae.com/mbaloans.