Financial Aid

Financial Aid

Loans

IESE manages several student loan programs including the Banco Sabadell Global Loan, Prodigy Finance, US Federal Loans (Direct Plus Loans), US Private Loans (Sallie Mae), GI Bill and Canadian Government Loans.


IESE – Banco Sabadell Global Loan

IESE Business School and Banco Sabadell, Spain’s fourth largest bank, since 2004 have committed to promote the quality of management around the world, ensuring that there are financial options for any exceptional individual who has the potential to become a world-class manager. The loan provides financing towards tuition fees. Since then more than 1500 students have been able to finance their studies through the Global Loan Program.

General Conditions & Highlights: 

  1. Maximum amount: Up to 80% of the tuition fee as long as the student meets the bank application requirements. 100% can be met with extra guarantee.   
  2. Repayment period: 8 years 
  3. Capital Deferment: first 2 years (1st year in case of shorter programs) 
  4. Very competitive interest rates 


Prodigy Finance Loan Program for International Students

IESE Business School works with Prodigy Finance to offer an innovative lending model providing community-funded loans to international students. Accepted students into the full-time MBA program are eligible to apply.

The loan provides financing towards tuition fees through the assessment of applicants’ future earning potential (based on the past achievements of similar graduates) to determine loan affordability.

The Prodigy program is applicable to 150 nationalities.

General Conditions & Highlights: 

  1. Maximum amount: 80% Cost of Attendance. 
  2. No collateral nor guarantees are required. 
  3. Repayment period: 7 or 10 years, with no penalties for early repayment.
  4. Capital deferment: 6 months grace period (after class finishes) for the MBA. 
  5. Competitive interest rates vary depending on individual applicants.

Please click here to download Prodigy Finance’s Brochure. See more detail about the terms and conditions, and how to apply for a loan on Prodigy Finance’s website. For more information please contact the Financial Aid Office.


U.S. Federal Direct Loans for U.S. and eligible non-U.S. students of the Full-time MBA program 

IESE Business School is registered at the U.S. Department of Education as an accredited foreign school and participates in the William D. Ford Federal Direct Loan program. Eligible students may apply for the Federal Direct Unsubsidized Loan and Federal Direct PLUS Loan and may borrow up to their full cost of attendance for their program minus any other financial aid received.

General Conditions & Highlights:

According to the U.S. Department of Education requirements, IESE Business School makes available to prospective and enrolled students information about the following policies:

  1. Consumer Policy
  2. Return of Title IV Funds Policy, by IESE Business School
  3. Satisfactory Academic Progress Policy

Important Restriction:

Students funded with D. William Ford Federal Direct Loan program have restrictions according to the U.S. Department of Education’s Rules. Students of the Full-time MBA program are not allowed to attend the international module in New York and the exchange programs in U.S. nor any other ineligible school. Also this funding is not available for Global Executive MBA (GEMBA) students and other programs such as Executive MBA and PhD are ineligible programs to US borrowers.

Information about loans can be found at the Federal Student Aid website and by contacting Financial Aid Office.


Please click here to download all Financial Aid Brochures. Before applying any loan, we suggest to read FAO Best practices on student loan. For more information, please contact the Financial Aid Office.

Contact

IESE Business School
Financial Aid Office

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