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More than two-thirds of Columbia Business School students take advantage of federal and private loan programs to help finance their MBAs.
If you have questions, please contact the Financial Aid Office at email@example.com or 212-854-4057.
Federal Direct Loans
US citizens and permanent residents may apply for fixed rate Federal Direct Loans. Applicants should wait to apply for loans until they have been admitted. Instructions on this process can be found on the Admitted Student website.
Federal Graduate PLUS Loans
Domestic students may be able to meet the cost of attendance through a fixed rate Federal loan, called Graduate PLUS.
There are several private loan programs offered to both citizens and non-US citizens that are mostly based on credit history. At the beginning of the application process, applicants should pull a copy of their credit report in advance to check for discrepancies, as the credit report and score are the largest components in determining eligibility and interest rate tier.
International Private Loans
**Cosigner Option: International students may choose to borrow a fixed or variable interest rate private educational loan with a creditworthy US cosigner. Each year, Columbia University publishes a Suggested Lender List which provides a comparison chart of private lenders offering education loans to international students with a creditworthy US cosigner. Your US cosigner must be a citizen or permanent resident. Keep in mind that for some lenders, a student must have a social security number in addition to having a cosigner. For application instructions, please visit each lender's website. Processing time for loans is 4-6 weeks assuming all documentation is in order.
**No-cosigner Option: International students who have not lived in the US before business school and who are not already highly leveraged, a no cosigner loan option is available through Prodigy Finance. To apply, please visit: https://prodigyfinance.com/student/schools/12. In addition, many international students rely on family funds, personal savings, government or company sponsorships, and/or loans secured in their home countries. International students should review this additional resources document, separated by country, for additional external assistance.
Full-Time MBA Application Deadlines
All deadlines are 11:59 p.m. New York Time on the date listed.
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