International MBA Loan
Convenient loan option for international business school students.
- 3-minute application
- Instant credit decision
- No application or origination fees
International MBA Student Loan Rate
Fixed Rate
11.31% APR*
(11.75% Interest Rate)
*APR includes auto pay discount2
Loan Terms
Simple loan repayment option so you can focus on business school.
- No cosigner required
- 15-year repayment term3
- No need to make payments during school
- No pre-payment penalty
How to Apply
A simple student loan process. Now that’s a novel concept.
1
Submit Your Application
Apply online in 3 minutes and get an instant credit decision.
2
Accept & Sign Your Loan
No physical paperwork. Sign your loan electronically and we'll take care of the rest with your school.
3
Upload ID Documents
Have your passport ready to upload as part of the application process.
Ready to Get Started
FAQs
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Will College Ave provide documentation to include with my Visa application?
Yes, you should submit your loan approval disclosure and credit agreement to your school's ISO. The loan approval disclosure will be provided electronically in the application. You should download a copy for your records. You will electronically sign the credit agreement via DocuSign and receive a copy from DocuSign via email. If you need a copy of these documents, please contact College Ave and request copies of your approval disclosure and esign document.
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Do I need a social security number?
No, non-US residents attending select business schools are eligible for the College Ave International MBA Loan. If you do not have a social security number, College Ave will provide you with a four-digit PIN that you can use to return to your application. You'll receive your PIN once you start the application, and it will also be sent via email.
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How much can I borrow?
You can borrow up to 100% of your school's certified cost of attendance. If you need to cover summer, fall and spring, we suggest you submit one loan application to cover the full amount you need to borrow. Interest won't accrue until funds are disbursed and your school will tell us when to disburse the money. In some instances, your school may require a separate loan for the summer term. In that case, you'll need to submit two loan applications.
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How do I get back to my application?
You can return to your application here.
If you do not have a social security number, you'll need your reference number and four-digit PIN number to log back into your application. Check your email for both your reference number and PIN.
If you have a social security number, you'll need your reference number and the last four of your SSN to log back into your application. Check your email for your reference number.
Footnotes
1
You must be enrolled in an MBA program at an eligible school. Minimum loan amount $1,000. Loans must be certified by your school and loan amount is subject to reduction by the amount of any other financial aid you receive.
2
The 0.25% auto-pay interest rate reduction applies as long as a valid bank account is designated for required monthly payments. If a payment is returned, you will lose this benefit.
3
This informational repayment example uses typical loan terms for a first-year graduate student borrower who selects the Deferred Repayment Option with a 15-year repayment term, has a $10,000 loan that is disbursed in one disbursement and an 10.85% fixed Annual Percentage Rate ("APR"): 180 monthly payments of $147.64 while in the repayment period, for a total amount of payments of $26,575.95. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary.