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DISCUSSION FORUM

• Full fee loans From: Dhiraj Suprit Mishra  Feb 03, 2011 Posts 16

  hey there, i am a prospective indian student i posted a discussion on scholarship and loans earlier also about is there any scholarship or loan scheme (with out US cosigner ) available for $200000 (inclusive of tuition fees and personal expenses), but get no reply can you help?plz The cost of education is $170000, is that right? Reply

• Re: Full fee loans From: victormlee  Feb 03, 2011 Posts 2,531

  In reply to

  Dhiraj, Please take a look at http://www.wharton.upenn.edu/mba/admissions/cost-summary.cfm for more information about the cost of education for one year. You can expect that the cost of education for next year will likely be the same or a bit higher than that for 2010-2011. You may have to look at multiple options, including those outside of Wharton, to see if there are scholarship or loan options to cover the full fees or personal expenses. Wharton-backed options can be investigated by visiting http://www.wharton.upenn.edu/mba/admissions/financing-your-mba.cfm. I'd suspect that it is rare for students to get a complete scholarship. MBA candidates often have work experience, and I suspect many need-based loaners would note that most candidates will likely have some income available that they would have to contribute towards their MBA programs.  Each individual has different circumstances, however. Good luck on your due diligence finding out what works best for you. Regards, Victor WG '11 PS - I also like to think of the process as one "similar" to that of undertaking an entrepreneurial venture: loaners/backers/funders might want to see that you are willing to invest in yourself, too, before they also "invest" in you.  Reply

• Re: Full fee loans From: spi3  Mar 19, 2011 Posts 25

  In reply to

  Is there a possibility of getting a cosigner free loan  for an international student ? And what is the max amount ? Would be great if someone could advise Reply

• Re: Full fee loans From: Fanaticalfan  Mar 19, 2011 Posts 1,159

  In reply to

  The links in Victor's posts above should provide a good starting point for your research. FF Reply

• Re: Full fee loans From: spi3  Jun 11, 2011 Posts 25

  In reply to

  Thanks FF. But the only option that I see is the GSLC provided by HSBC and I understand that Federal Credit Union provided US cosigner free loans for International Students earlier. Any change for the MBA class of 2014 ? Thanks Reply

• Re: Full fee loans From: victormlee  Jun 11, 2011 Posts 2,531

  In reply to

  As I understand it (I could be wrong - feel free to reach out to the Financial Aid office directly), any changes to decisions and arrangements are often made during the year in which a student would matriculate. In other words, one is unlikely to know of any changes specific to the Class of 2014 until late 2011 or early to mid 2012. In some cases, folks may be offered admission before all class/year-specific options have been finalized; this has happened in the past and can be the result of changing private sector and public sector offerings and legal constraints.  If you are making a decision based on what cosigner free options are available, I would say to stick with just the official information that is provided in the links I offered, above. Do not assume anything additional will be provided. Then, if later on during the application process or - more likely - after acceptance decisions have begun to be released, you learn there are additional options, that will be a nice bonus.  Regards, Victor WG '11 Reply