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 73 Followers 135 Discussions
Austin, Texas 39 Followers 74 Discussions
Seattle, Washington 24 Followers 28 Discussions
Boston, Massachusetts 62 Followers 194 Discussions
Ann Arbor, Michigan 31 Followers 79 Discussions
Hanover, New Hampshire 13 Followers 45 Discussions
Columbus, Ohio 13 Followers 33 Discussions
Pittsburgh, Pennsylvania 29 Followers 94 Discussions
Rochester, New York 25 Followers 39 Discussions
Houston, Texas 19 Followers 35 Discussions
Babson Park, Massachusetts 14 Followers 74 Discussions
Atlanta, Georgia 13 Followers 26 Discussions
Nashville, Tennessee 13 Followers 31 Discussions
Durham, North Carolina 42 Followers 97 Discussions
Los Angeles, California 86 Followers 114 Discussions
Stanford, California 75 Followers 162 Discussions
New Haven, Connecticut 35 Followers 59 Discussions
Washington, District of Columbia 20 Followers 53 Discussions
Evanston, Illinois 59 Followers 185 Discussions
Notre Dame, Indiana 12 Followers 39 Discussions
Boston, Massachusetts 133 Followers 83 Discussions
St. Louis, Missouri 8 Followers 21 Discussions
Ithaca, New York 73 Followers 126 Discussions
New York City, New York 132 Followers 231 Discussions
New York City, New York 143 Followers 238 Discussions
Chestnut Hill, Massachusetts 19 Followers 25 Discussions

More MBA News

Apr 16, 2019

MBA Accreditation Awarded to Chulalongkorn Business School, Indian Institute of Management Indore and Others

Apr 16, 2019

More MBA News

MBA Articles

Specialist MBA Degrees Find their Niche in Business Education

Apr 10, 2019

General and specialized MBAs both have distinct advantages. Which one prospective students choose will come down to their planned career path

MBA Graduates in the US are Entering the Hottest Job Market in Decades

Mar 25, 2019

US business schools are reporting record employment rates and starting salaries for their freshly minted MBA grads, but there’s growing gap in job prospects between US nationals and overseas students

Why MBA Rankings are Set for a Rethink

Mar 15, 2019

The lists are an invaluable resource for MBA aspirants. But critics claim they have too much influence over student choice and course design

More Articles

Related Top 10 Lists

More Top 10 Lists