Prodigy Finance Partners with CommonBond to Expand MBA Loan Options for International Students Studying in the US

International students can take out MBA loans at a number of US b-schools, including Wharton, Boston University, Vanderbilt, and more

Prodigy Finance, which provides loans to international students studying in the US, has partnered with CommonBond, a US-based lending platform.

The new partnership will expand MBA loan options for international students doing their MBAs at a select group of US business schools.

Specifically, international students who use the CommonBond platform to look for student loans will be able to secure an MBA loan from Prodigy Finance. Prodigy Finance will determines the terms and conditions.

"International MBA students in the U.S. face a unique set of challenges in financing their degrees, largely due to the shortage of funding options from traditional financial institutions,” according to David Klein, CommonBond’s CEO.

Indeed, most non-US residents will not qualify for federal loans, and usually need a resident co-signer for private loans.

“We understand firsthand just how difficult it is to finance an international MBA, which is why we launched Prodigy Finance eight years ago as a way of offering borderless loans to international MBA students while enabling investors to earn a competitive financial and a social return by investing in these students,” according to Cameron Stevens, Prodigy Finance's CEO.

Prodigy Finance launched in 2007, and has been providing loans to international students doing their MBAs in the US since 2014. Through the Prodigy Finance scheme, international students can apply for MBA loans at a number of US business schools, including:

  • Babson College
  • Boston College - Carroll School of Management
  • Boston University - Questrom School of Business
  • Carnegie Mellon University - Tepper School of Business
  • Columbia Business School
  • Cornell University - Johnson Graduate School of Management
  • Duke University - Fuqua School of Business
  • University of Washington - Foster School of Business
  • Georgetown University - McDonough School of Business
  • Georgia Tech - Scheller College of Business
  • Harvard Business School
  • Kellogg School of Management
  • UT Austin - McCombs School of Business
  • University of Notre Dame - Mendoza College of Business
  • University of Michigan - Ross School of Business
  • New York University - Stern School of Business
  • Ohio State University - Fisher College of Business
  • WUSTL - Olin Business School
  • Rice University - Jones Graduate School of Business
  • University of Rochester - Simon School of Business
  • Stanford University Graduate School of Management
  • Dartmouth College - Tuck School of Business
  • UCLA - Anderson School of Management
  • UNC - Chapel Hill - Kenan-Flagler Business School
  • University of Chicago - Booth School of Business
  • University of California - Berkeley Haas School of Business
  • University of Pennsylvania - Wharton School
  • USC - Marshall School of Business
  • Vanderbilt University - Owen Graduate School of Management
  • Yale School of Management

Comments


Related Business Schools

Los Angeles, California 79 Followers 136 Discussions
Austin, Texas 40 Followers 74 Discussions
Seattle, Washington 27 Followers 28 Discussions
Boston, Massachusetts 72 Followers 199 Discussions
Ann Arbor, Michigan 35 Followers 83 Discussions
Hanover, New Hampshire 13 Followers 46 Discussions
Columbus, Ohio 15 Followers 34 Discussions
Pittsburgh, Pennsylvania 31 Followers 95 Discussions
Rochester, New York 26 Followers 39 Discussions
Houston, Texas 19 Followers 0 Discussions
Babson Park, Massachusetts 16 Followers 77 Discussions
Atlanta, Georgia 14 Followers 28 Discussions
Nashville, Tennessee 13 Followers 31 Discussions
Durham, North Carolina 45 Followers 99 Discussions
Los Angeles, California 94 Followers 115 Discussions
Stanford, California 87 Followers 165 Discussions
New Haven, Connecticut 40 Followers 59 Discussions
Washington, District of Columbia 22 Followers 54 Discussions
Evanston, Illinois 61 Followers 187 Discussions
Notre Dame, Indiana 12 Followers 39 Discussions
Boston, Massachusetts 144 Followers 92 Discussions
St. Louis, Missouri 8 Followers 21 Discussions
Ithaca, New York 79 Followers 127 Discussions
New York City, New York 145 Followers 234 Discussions
New York City, New York 153 Followers 239 Discussions
Chestnut Hill, Massachusetts 20 Followers 26 Discussions

More MBA News

Mar 25, 2020

North Carolina's Wake Forest University Announces New Online MBA

Mar 25, 2020

More MBA News

MBA Articles

Why Emotional Intelligence is Now a Staple of MBA Admissions

Mar 02, 2020

An increasing number of ‘EQ’ tests are being added to the MBA application, to supposedly predict academic achievement and career success

How Business Education Will Change in 2020 and Beyond

Feb 27, 2020

As the MBA applications crisis shows no sign of abating, business schools are innovating with technology and focusing on sustainability – to the likely benefit of students, business and society. But will it save the MBA degree?

How to Master an MBA Personal Statement

Feb 12, 2020

Putting in the right amount of effort is critical to securing a business school place

More Articles

Related Top 10 Lists

More Top 10 Lists