[jbigtani]

Hi Guys,

I am starting this thread.
Here I would ask people to make list of global schools which guarantees you a loan.
This is irrespective of citizenship and no need to cosigner.
I would also request people to provide interest rates and origination fee.
Most of the top schools like stanford, harvard has 0% origination fee.
Assumptions --
Prime Rate P = 8.25
LIBOR = 5.36

Would love to get input from existing mba students or mba alumnis.
Here is what I could get from school's individual websites.



Guarantees
--------------------
Fuqua (Duke) - P+2 = 10.25%
Stanford - 7.92%
Harvard - P-0.125 = 8.125%
Ross (Michigan) - P = 8.25%
MIT sloan - P+0.25 = 8.5%
UNC Kenan - guarantees but no info on interest rate
Cornell - Guarantees
Wharton - P + 1.5 = 9.75%
Tuck - LIBOR+3.75. = 9.11% , 2% Origination Fee
Judge Business School @ Cambridge via HSBC

No Guarantess
------------------
Insead
USC Marshall


No idea
-------------
Kellogg???????????????
Columbia ???????????
Chicago?????????
HASS - P+6.5!!!????
Stern:NYU ????

Hope this is helpful for people. Please correct and update the list. make sure you get data from official source.

Note-- I will keep updating this list from the info i receive on this thread.

[siddarth_dude]

This will surely help..Will try adding to the list

[nitiman]

Originally Posted by jbigtani

Hi Guys,

I am starting this thread.
Here I would ask people to make list of global schools which guarantees you a loan.
This is irrespective of citizenship and no need to cosigner.
I would also request people to provide interest rates.

Would love to get input from existing mba students or mba alumnis.
Here is what I could get from school's individual websites.

Guarantees
--------------------
Fuqua (Duke) - P+2 = 10.25%
Stanford - 7.92%
Harvard - P-0.125 = 8.125%
Ross (Michigan) - P = 8.25%
MIT sloan - P+0.25 = 8.5%
UNC Kenan - guarantees but no info on interest rate
Cornell - Guarantees

No Guarantess
------------------
Insead
Wharton - No Guarantee - 9.75%


No idea
-------------
Kellogg???????????????
Columbia ???????????
Chicago?????????

Hope this is helpful for people. Please correct and update the list. make sure you get data from official source.

M not sure if I had read it correctly but HASS was P+6.5!!! (Insanity) Just confirm before adding to the list.

[pagalguy]

Originally Posted by nitiman

M not sure if I had read it correctly but HASS was P+6.5!!! (Insanity) Just confirm before adding to the list.

Wharton is Guaranteed. Its Prime + 1.5% for me in the 2nd year.

[Notmykind]

USC Marshall has discontinued guaranteed loans for international from this year.

[rahul26]

I think u can also add :New York University : Stern School of Business

Its a very good initiative u have started............

[nitiman]

Originally Posted by jbigtani

Current Prime Rate P = 8.25

Guarantees
--------------------
Fuqua (Duke) - P+2 = 10.25%
Stanford - 7.92%
Harvard - P-0.125 = 8.125%
Ross (Michigan) - P = 8.25%
MIT sloan - P+0.25 = 8.5%
UNC Kenan - guarantees but no info on interest rate
Cornell - Guarantees
Wharton - P + 1.5 = 9.75%

Tuck is LIBOR+3.75.

Hey jbigtani, Could you consolidate the data of the tread by updating the first post itself? One more thing, if one takes a loan without a cosigner therez somthing called origination fee.
For eg tuck has 2% origination fee.

[Peruvianguru]

Judge Business School @ Cambridge via HSBC

[jbigtani]

Originally Posted by nitiman

Tuck is LIBOR+3.75.

Hey jbigtani, Could you consolidate the data of the tread by updating the first post itself? One more thing, if one takes a loan without a cosigner therez somthing called origination fee.
For eg tuck has 2% origination fee.

I will take your suggestion and keep updating the first post.

[mayank_rasu]

Originally Posted by jbigtani

I will take your suggestion and keep updating the first post.

Chicago has discontinued from this year :huh:. Too bad...that was one of my dream college.