by Aram Karakashian, Senior Global Recruitment Manager
Alongside submitting the application to your chosen programme and completing your all-important interview, we know that you are also giving a great deal of consideration to financing your course. Have you found it overwhelming? We are here to help. We are also here to help if you are not overwhelmed, but still in need of some solid guidance.
This is probably the most significant investment you will make in your professional career, maybe even your lifetime. We expect it will pay impressive dividends. But, in order to see this return, let’s first talk about your financing options.
Our financial aid office at London Business School fully understands the level of financial commitment required and is here to provide you with the knowledge base to take these decisions as an informed and thoughtful consumer. We know you will have questions on terms and conditions, interest rates, and repayment plans. Once you have received your admissions letter, you will have access to our Sources of Financial Aid page, which is an excellent resource to compare funding options and research any pre-existing criteria.
Typically funding a postgraduate or masters programme in the UK can be challenging. Although we have our fair share of high earners before joining the School, this certainly doesn’t apply to everyone that has been successful in gaining admission. We also do encourage you to save as much as possible for living expenses before attending.
We participate in Prodigy Finance, Future Finance, the US Federal student loan programme, Sallie Mae, and the Canadian student loan programme. Other sources of funding available to our students include Professional Career and Development Loans, Veterans Affairs and the Enhanced Learning Credit Scheme.
From the academic year 2016-17, UK citizens also have access to the new postgraduate loan programme for masters study. The financial aid office will provide additional information on this scheme as it becomes available.
Our goal at London Business School is to have a profound impact on the way the world does business. We understand the level of financial commitment required to attend one of our programmes. We also believe that by providing you with access to these funding programmes it brings you a step closer to realising your potential as a member of the London Business School community.