Being an admissions consulting company expert in worldwide applicants, we understand the countless hurdles worldwide people need certainly to overcome to be accepted into a business school that is top-ranked.
For the majority of, that last hurdle is determining just how to purchase your level. Utilizing the price linked to the MBA increasing each year and less companies that are international complete economic sponsorships, locating the cash to attend their top selection regimen is much more challenging than ever before.
In reality, in a present poll carried away by Prodigy Finance, 80% of loan grantees have no alternative way to fund their training.
ThatвЂ™s why we touched base with Whitney Morgan , the Head of Global Partnerships at Prodigy Finance and college of Chicago Booth college of Business alumna to have an insiderвЂ™s view every thing that goes into to obtaining and acquiring the Prodigy loan you ought to create your desire pursuing a qualification abroad a real possibility.
Ellin Lolis: is it possible to let me know a little about Prodigy FinanceвЂ™s facts? Just exactly How did Prodigy begin?
Whitney Morgan: In 2007, our founders are MBA people at INSEAD in France and respected the task of gaining usage of reasonable financing for their training as worldwide people.
They recognized that the lending that is international at enough time is broken and credit had been localized, placing worldwide pupils in a challenging place when it stumbled on locating the funds to satisfy the higher fees in the worldвЂ™s top institutions. They attempted to develop a borderless financing model and developed a cutting-edge method of scholar funding, offering no-cosigner, no-collateral loans according to a studentвЂ™s future potential, rather than the traditional asset-based model.