Admission Offer and VISA Acceptance

[Desi]

Hi Friends,

Let us consider that a person gets MBA admission offer from a good University, which promises for a loan (without security / co-signer).

Will VISA be issued to this person, even if he doesnt have money (for tuition fees) in his bank account?

Kindly let me know your views.

Regards,
Desi

PS: I read that during VISA proceedings, a VISA gets rejected if there is no sufficient amount in bank. Also, read that few instituions promises for loans. Hence I ask this question.