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 81 Followers 136 Discussions
Austin, Texas 43 Followers 73 Discussions
Seattle, Washington 29 Followers 28 Discussions
Boston, Massachusetts 77 Followers 197 Discussions
Ann Arbor, Michigan 38 Followers 83 Discussions
Hanover, New Hampshire 15 Followers 49 Discussions
Columbus, Ohio 15 Followers 34 Discussions
Pittsburgh, Pennsylvania 34 Followers 89 Discussions
Rochester, New York 26 Followers 39 Discussions
Houston, Texas 19 Followers 37 Discussions
Babson Park, Massachusetts 19 Followers 72 Discussions
Atlanta, Georgia 14 Followers 29 Discussions
Nashville, Tennessee 13 Followers 32 Discussions
Durham, North Carolina 48 Followers 98 Discussions
Los Angeles, California 98 Followers 115 Discussions
Stanford, California 87 Followers 164 Discussions
New Haven, Connecticut 41 Followers 59 Discussions
Washington, District of Columbia 23 Followers 54 Discussions
Evanston, Illinois 64 Followers 192 Discussions
Notre Dame, Indiana 13 Followers 39 Discussions
Boston, Massachusetts 150 Followers 94 Discussions
St. Louis, Missouri 8 Followers 23 Discussions
Ithaca, New York 80 Followers 128 Discussions
New York City, New York 147 Followers 235 Discussions
New York City, New York 158 Followers 236 Discussions
Chestnut Hill, Massachusetts 20 Followers 26 Discussions

More MBA News

Oct 16, 2020

Access MBA to Hold a Series of Online MBA Application Events in November

Oct 16, 2020

More MBA News

MBA Articles

Business Schools Adapt the MBA Curriculum for the Post-Covid Era

Sep 24, 2020

Schools race to satisfy fresh demand for new skills and knowledge in a changed world

Business Schools Team up with Law Schools to offer Dual Degrees

Sep 08, 2020

A joint JD/MBA degree can give students a competitive advantage in the job market

MBA Demand Recovers as Prospective Students Shelter from the Economic Storm

Sep 04, 2020

Business schools are enjoying a rise in demand for their MBAs as the sinking labor market lowers the opportunity cost of full-time study

More Articles

Related Top 10 Lists

More Top 10 Lists