As a student at London Business School, you may be eligible to apply for a loan to help finance your studies.
We are pleased to offer our students the Prodigy Finance loan product. With lending to approximately 150 nationalities from 92 countries, we believe this is an innovative way to help finance your studies at London Business School.
Prodigy Finance works with community stakeholders, primarily the School itself, and also external investors, to offer competitive interest rates to our international, postgraduate students. The loan product is currently available to all students, in each of our degree programmes. Decisions taken on lending are the sole responsibility of Prodigy Finance and are subject to meeting eligibility requirements.
You can apply directly through Prodigy's website, once you have accepted your place on a degree programme. All Degree Programme students are eligible to apply for a loan towards tuition fees. From 2017-18, full-time MBA students are additionally able to apply for living expense loans, up to a maximum of 80% of the full cost of attendance.
Benefits of the loan product include an easy online application process, no repayments while you study full-time and a dedicated customer service team.
Please click here, to learn more about the terms and conditions and to apply for a loan from Prodigy Finance Ltd.
*Declaration: An entity connected to London Business School is an investor in MBA Community Loans Plc. which provides the finance to fund the Prodigy Finance Loan Scheme. London Business School may therefore benefit from any lending under the Scheme
The Professional Career and Development Loan (PCDL) is a postgraduate student bank loan that is open to EU national residents in England, Scotland or Wales, with an unlimited right to remain in the United Kingdom (UK). All programmes at London Business School are eligible for this loan product. Eligibility requirements apply.
You may borrow up to £10,000 (GBP) at a reduced interest rate and the UK government will service the interest payments during your studies.
Find out more: https://www.gov.uk/career-development-loans/overview
London Business School participates in the US Federal Student Loan scheme, as a recognised foreign school. The scheme is administered by the US Department of Education and provides student loans to all eligible United States citizens, nationals or permanent residents (without conditions and proper evidence of eligibility). Students can borrow up to their full cost of attendance for their programme.
Eligible programmes include Masters in Business Administration (MBA), Masters in Finance (MIF), Masters in Management (MiM), Executive - Masters in Business Administration (EMBA - London only) and the Sloan Masters in Leadership and Strategy (SLN).
You can apply for the US Federal Student Loan scheme once you have accepted a place on your programme.
You can find answers to more general queries at the Federal Student Aid website.
We are really pleased to let you know that we have partnered with Future Finance, as an alternative source of funding for our students*.
The benefits of Future Finance are:
*Further details of eligibility requirements, interest rates and other key terms of the loan are available by visiting the Future Finance website.
Please note that other sources of funding may be available.
Some loan schemes are restricted to a country or global region:
Note: African countries, Australia and New Zealand have no national loan schemes. Students from these countries should contact their local banks and government offices for more information.
If you're considering applying for a loan, look carefully at the repayment commitment asked of you. Lenders ordinarily base their decisions and subsequent loan amounts on students' income and repayment capacity. Most lenders require some personal contribution and will provide a loan for part of your course costs only. Funding is not guaranteed as decisions are discretionary.