Germany's HHL Leipzig Graduate School of Management has announced new MBA financing options for students from Mexico and Canada.
For students from Mexico who are pursuing the school's MBA program, new funding is offered through a partnership with Mexico's Fund of Development for Human Resources (or "FIDERH.") Through this funding source, students can receive loans of up to 200,000 Mexican pesos, which is currently almost €12,000. Interest is not accrued during the program, nor do students need to make payments before finishing the MBA. Payment discounts are available for graduates who pay on time and return to work in Mexico. Interest on the loan can be forgiven if students return to work at a Mexican university as a professor or researcher.
And for Canadian students pursuing HHL's MBA program, new funding is available through the Ontario Student Assistance Program (OSAP). Both grants and loans are available, and the money comes from both the Canadian federal government and the Ontario provincial government. Possible funding amounts vary, depending on a recipient's income, among other factors.
For more information, please see HHL's MBA financing options webpage.