Rose Martinelli, director of admissions and financial aid at the University of Chicago’s Booth School of Business reported on her blog that first of several loan programs for our international students was announced by the University.
"Chicago Booth has been working closely with University of Chicago officials in developing loan alternatives for our international students who do not have a co-signer. Yesterday, the University signed an agreement with JPMorgan Chase to provide international students with access to private educational loans requiring no co-signer. Under the agreement, JPMorgan Chase will provide financing to qualified international students for amounts up to the total cost of attendance, less any financial aid received. Due to the volatility of the market, the terms of the loan program will be set and communicated later this spring. At that time, students will receive more information on the program. The program will officially launch in late May." informed Rose.
She also said that the school is in the process of finalizing a number of other loan opportunities for its students which they hope to announce very shortly. The school plans to have multiple loan options for its students.
Link: Official University Release
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