How much can I borrow for an MBA with Prodigy Finance?

Prodigy Finance can fund up to 100% of eligible MBA program costs at partner schools. This typically means tuition plus approved living expenses. Typical loan amounts for full-time MBA programs range from $60,000 to $130,000+ depending on school and location. Your exact offer will be in your personalized term sheet.

MBA Loans for International Students

Q: Can international students get MBA loans without a co-signer?

Yes. Prodigy Finance and MPOWER Financing both offer MBA student loans for international students that do not require a US co-signer or collateral. Eligibility is based on the MBA program, target school ranking, and citizenship country.

MBA Loan Key Facts

200+

Partner MBA Schools

$100K+

Typical Top MBA Loan

~8.41%

Variable APR from (est.)

2 yrs

Typical Full-Time MBA

Top MBA Programs Covered by Prodigy Finance

School	Location	Program	Typical Tuition / Year
Harvard Business School	Boston, USA	MBA	~$73,000
Wharton — University of Pennsylvania	Philadelphia, USA	MBA	~$82,000
MIT Sloan School of Management	Cambridge, USA	MBA	~$79,000
INSEAD	France / Singapore	MBA	~€95,000 total
London Business School	London, UK	MBA	~£95,000 total
Stanford Graduate School of Business	Stanford, USA	MBA	~$79,000
Columbia Business School	New York, USA	MBA	~$80,000
Booth — University of Chicago	Chicago, USA	MBA	~$78,000
HEC Paris	Paris, France	MBA	~€68,000 total
IE Business School	Madrid, Spain	MBA	~€72,000 total

Tuition figures are approximate 2025/2026 estimates. Verify current fees with each school. Total loan amount may include living expenses beyond tuition.

Applying for an MBA Loan: Timeline & Process

Secure your MBA admission offer

Prodigy Finance requires at least a conditional or unconditional MBA admission offer. Apply to Prodigy Finance at the same time as or immediately after receiving your MBA offer — before your tuition deposit deadline.

Apply to Prodigy Finance (10–15 min online)

Submit your MBA program details, target school, enrollment year, and requested loan amount. No co-signer information required. Prodigy Finance evaluates your MBA program and projected post-MBA earnings.

Review your MBA loan term sheet

Receive your personalized variable APR, loan amount, and repayment terms. For a 2-year MBA at a top US school, typical loan amounts range from $80,000–$130,000. Carefully calculate total cost of borrowing before accepting.

Funds disbursed to your business school

After acceptance, Prodigy Finance disburses funds directly to your MBA school's financial office. This typically takes 2–4 weeks. Plan well ahead of your tuition payment deadline.

MBA-Specific Tip: Apply Before Your Deposit Deadline

Most MBA programs require a tuition deposit within 2–4 weeks of the admission offer to hold your place. Start your Prodigy Finance application as soon as you receive your admission offer — before your deposit deadline — to ensure disbursement arrives in time.

Frequently Asked Questions

Can international students get MBA loans without a co-signer?

Yes. Prodigy Finance specialises in MBA loans for international students with no US co-signer. Loan eligibility is based on your MBA program, target school ranking, citizenship country, and projected post-MBA earnings — not US credit history.

How much can I borrow for an MBA?

Prodigy Finance can fund up to 100% of eligible MBA program costs including tuition and approved living expenses. Typical full-time MBA loans at top US schools range from $80,000–$130,000+. Your exact offer depends on your school, program, and profile.

Do MBA graduates repay Prodigy Finance loans faster?

Many MBA graduates do choose to make accelerated or early repayments thanks to higher post-MBA salaries. Prodigy Finance permits early repayment without penalty. Paying more than the minimum monthly amount reduces your principal faster and significantly reduces total interest paid over the life of the loan.

MBA Loan Amounts by School Tier: What to Expect

Prodigy Finance sets maximum loan amounts based on school tier and programme cost. Here is a representative guide for 2026:

School (MBA)	Typical Annual Tuition	Max Prodigy Loan (est.)	Prodigy School Status
Harvard Business School	~USD 76,000	Up to USD 100,000/yr	Partner
INSEAD (France/Singapore)	~EUR 102,000	Up to EUR 110,000	Partner
Wharton (UPenn)	~USD 84,000	Up to USD 100,000/yr	Partner
London Business School	~GBP 60,000	Up to GBP 70,000/yr	Partner
IESE Business School	~EUR 72,000	Up to EUR 80,000/yr	Partner

Loan ceilings vary by programme duration and enrolled currency. Use our loan calculator to model total repayment at your offered APR.

The Real Cost of an MBA Loan: A Worked Example

Here is a realistic scenario for a 2-year MBA at a top US school:

Loan amount: USD 80,000 (tuition only, Year 1)
Administration fee (~4%): USD 3,200 added upfront → Total principal: USD 83,200
Variable APR: 12% (mid-range for top-tier school in 2026)
Interest during 2-year programme: ~USD 19,968
Grace period interest (6 months): ~USD 3,118
Balance at start of repayment: ~USD 106,286
Monthly payment over 10 years: ~USD 1,490
Total repayment: ~USD 178,800

This is a significant commitment. The decision should be weighed against your expected post-MBA salary trajectory — median post-MBA salaries at Harvard and Wharton exceeded USD 175,000 in 2025, making this level of debt serviceable for most graduates.

Applying for an MBA Loan: Step-by-Step Checklist

Confirm your school is on Prodigy Finance's partner list at our eligibility checker
Gather your admission letter, passport, and programme cost breakdown
Apply online via Prodigy Finance's portal — apply at least 8 weeks before your tuition deadline
Review and accept your term sheet — model repayments in our loan calculator
Complete document verification and wait for university disbursement confirmation