Depending on need, a student may borrow up to $120,000 over the two years of MBA education
Variable interest rate set annually on July 1. Current rate is 6.5 percent
Interest accrues on the loan and capitalizes monthly while the student is enrolled in school
Repayment begins three months after graduation
Eligibility is based on the student's overall debt and creditworthiness
Available to international students with established positive credit history in the U.S.
Persons not meeting credit criteria may qualify with an approved guarantor
No origination fee
Maximum term of the loan is 10 years
Tuck 5 Percent Loan Program
For U.S. citizens and international students with exceptional financial need
Students may borrow up to $6,000 each year
Fixed interest rate of 5 percent
Interest begins to accrue when the loan goes into repayment (three months after graduation)
The repayment period is a maximum of 10 years after graduation or withdrawal from the school
No origination fee
Tuck Educational Loan Corporation (TELCO) Loans
For students who do not qualify for need-based DELC loans
A student may borrow up to a total of $50,000 over the two years of the MBA education
Variable interest rate set annually on July 1. Current rate: 7.25 percent
While the student is enrolled, interest is added to the loan as it accrues
Repayment begins three months after graduation and payments are made monthly
Themaximum term of the loan will depend primarily on the size of the loanwith consideration given to the student's total educational indebtedness
Persons not meeting credit criteria may qualify with an approved guarantor
Eligibility is based on the student's overall debt and creditworthiness
No origination fee
For more information, please contact Tuck Financial Aid at 603-646-1571.
CORNELL:
Loan Options for International Students
The Johnson School offers a new International Student Loan Program(ISLP) that provides partial funding to admitted international studentsin our full-time two-year MBA and Accelerated MBA program.Credit-worthy international students are eligible to apply and there isno requirement to secure a U.S. citizen or resident as a co-signer. Theannual loan limit will be based on the cost of tuition minus any otheraid received as certified by the School. View terms and conditions for this loan program.
Students who are interested need to complete an online application at http://www.accessgroup.org/isp/and may have to provide other information in order to meet regulatoryand underwriting requirements to the Access Group, the loan servicerfor this program.
Please do not submit an application before June 1 (May 1 for AMBA program). Note the Johnson School does not allow US student loans to be used on a declaration of finances form.
Global Student Loan Corporation (GSLC) and HSBC have designed an international student loan program to provide funding specifically to students from Indiato attend U.S. schools. This solution enables you to borrow funds tocover the complete cost of education - tuition, room, board, books andequipment. A U.S. cosigner is not required but you do need a cosignerfrom your home country. Visit www.GlobalSLC.com to view loan terms and conditions and to start your loan application!
International students also have the option to borrow through a USlender with a credit worthy US or permanent resident co-signer. Aco-signer loan may carry a lower interest rate.
We have a neutral lender list which students from Cornell havepreviously borrowed through. Students may choose any lender, includingone not on our list:
Chase Select offers a loan program forinternational students with a U.S. social security number and acredit-worthy U.S. citizen cosigner or U.S. permanent residentcosigner. The rate is determined by the cosigner's credit history.Visit their website at http://chaseselectloans.com/
Citibank offers a loan program for internationalstudents with a credit-worthy U.S. citizen cosigner or U.S. permanentresident cosigner. The rate is determined by the cosigner's credithistory. Visit their website at https://www.studentloan.com/
Sallie Mae loans are available for internationalstudents with a credit-worthy U.S. citizen cosigner or U.S. permanentresident cosigner. Visit their website at http://www.salliemae.com/
International students should investigate all sources of fundingwithin their own countries, such as government scholarships and loans,private agencies, and bank loan programs.
For further information, contact:
Financial Aid Office 106A Sage Hall Johnson Graduate School of Management Cornell University Ithaca, NY 14853-6201
The Financial Aid Office works with private lenders who provide both need-based and non-need-based loans to cover educational expenses.
Loans for International Students
The Stanford University Graduate School of Business has partnered with the Star One Credit Union to provide private educational loans to international Business School students. There may be other private educational loans for international students. However, many private educational loans do not offer the combination of relatively low interest rates with the possibility of not requiring a US co-signer for the loan.
Please Note: In accordance with mandatory federal regulatory guidelines from the United States Treasury Department's Office of Foreign Assets Control (OFAC), students from sanctioned countries WILL NOT be eligible to borrow a private student loan through Star One Credit Union. Sanctioned countries include Western Balkans (Croatia, Bosnia and Herzegovina, Serbia, Montenegro, Kosovo, Albania, FYR of Macedonia), Myanmar, Cote d’Ivoire (Ivory Coast), Cuba, DR Congo, Iran, Iraq, Libya, North Korea, Sudan, Syria, and Zimbabwe.
Loans for US Citizens and Permanent Residents
The School partners with several lenders to provide private educational loans to GSB students. US citizens and permanent residents must first borrow government funds for which you are eligible before additional funds are available for lending.
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发表于 2010-1-24 18:34:39
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