Find my MBA student loan
International students attending MBA schools in the United States and Canada face many challenges – cultural differences, financial issues, and perhaps even the pressure of schoolwork before completing their degree. Funding doesn’t have to be part of it. We can help you find the best student loan products available.
the ‘Find my MBA student loan’ The comparison tool is designed for international students to quickly find the most suitable loan to apply for that can cover the full cost of your MBA. Plus, it only takes a minute to get your personal report.
When looking for student loan options, you should consider whether the loan requires collateral or a co-signer and its loan terms as part of your overall financial plan.
Variable interest loans, also known as variable rate loans, offer loan terms that change based on two factors: the benchmark is usually based on the London Interbank Offered Rate (LIBOR) or another federal rate, while the fixed spread assesses the likelihood of the borrower to repay the loan. Variable interest loans are risky because, unlike diamonds, the rate is not forever; Even though a low LIBOR rate initially gives you a low interest rate, if LIBOR goes up, your interest rate goes up as well. On the other hand, fixed interest rate loans stay the same throughout the life of the loan, but of course this can also be risky, because if a borrower starts with a high rate, that rate will remain high for the duration of the loan. .
When you start to do the math, you should also take into account other loan terms that might affect when you pay and how much you pay. Are there any penalties for early repayment or early repayment of the loan? Are there late fees? What is the monthly payment process? Can loan terms be changed? And when can you afford to do fun things again?
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Need funding? MPOWER financing offers student loans to international MBA students without a co-signer, collateral or US credit history