The Simon School of Business, University of Rochester announced about its International Student Loan Program today.
The program is primarily geared toward international students who may not have access to loan options that require a U.S. citizen or resident as a co-signer.
According to the the school,"The loan product currently being finalized is complex, and requires a significant amount of due diligence by both the Simon and University Finance offices, as well at the University attorney’s office. Although actual terms and conditions are being negotiated and reviewed, we have received final approval to move forward from the University of Rochester senior leadership. Further details on the terms and next steps will be announced via e-mail within the next 7-10 days to both incoming and continuing graduate students."
This loan program is hoped to increase access to the Simon School M.B.A. and M.S. degree, especially for individuals who are from a country where access to credit may be limited or inaccessible."
Link: International Student Loan Program
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