Private Student Loans for an MBA

Find out how to fund your education with an MBA student loan

Earning an MBA (a master's in business administration) has long been the widely accepted path to reaching the ranks of upper management in the corporate sector. But increasingly, it's also being used by students who are intent on climbing career ladders in areas such as the nonprofit sector and even health care.

As an investment in your future earning power, it may make sense for you. But there's no debating one point: An MBA represents a considerable investment, and one which you might have to handle on your own, now that you've reached, or will soon reach, the age of majority. For most would-be MBA candidates, that means one thing: taking out student loans to support the cost of your education.

There are two federal student loans used by students paying for master's degrees: Federal Direct Stafford Loans and Direct PLUS loans. You begin the process of applying for both simply by filing the FAFSA form and exhausting these options before taking out a private loan.

If you're planning on pursuing your MBA, you should also check with a couple of other sources of possible support:

• Your state's department of education may have some aid programs that would apply to you
• Your employer may have a program in which it will pay some of your graduate school tuition. To determine if they do, check with your company's human resources or benefits department.

In addition to federal student loans, private student loans are a good option for funding your MBA. Citizens Bank's TruFit Student Loan® is designed for undergraduate and graduate students attending at least half-time that need financing beyond federal grants and loans.

Learn more about our affordable Citizens Bank TruFit Student Loan® for an MBA

Get helpful tips on preparing for a graduate degree and understand how you can fund your educational goals. Also, find helpful information about our affordable Citizens Bank TruFit Student Loan® for an MBA. If you still have questions, call a student loan specialist at 1-800-708-6684, and we'll help walk you through the process.