1-800-975-7812

MBA Student Loans

Save $20,9972, on average, with competitive rates, award-winning service, and the resources you need to help you make the most of your business school investment.

Check Eligibility

The more affordable MBA

No cosigner required. Rates starting at 4.87% APR.

Check Eligibility

VARIABLE RATES *

4.87 - 5.01 % APR

FIXED RATES *

5.99 - 6.46 % APR

*10 and 15 year terms available. 1 APRs assume deferred repayment plan.

Why CommonBond?

Award-winning service

Award-winning service

Our Care Team has handled over $1 billion in loans. You're in good hands.

Payment protections

Payment protections

Life happens. Postpone payments if ever you run into financial hardship.

No cosigner required

No cosigner required

If you're attending one of our eligible programs, then you're in good standing with us.

Social impact

Social impact

For every loan funded, we fund a child's education in the developing world.

Lower rates.
You've earned them.

You could save more than $20,000 over the life of your loan compared to federal student loan options.2 That’s an extra $173 in your pocket every single month.

Check Eligibility

CommonBond rates compared to the Federal Government Rates

Calculator

See how much you can save
 vs. the federal government

SEE LESS See Less See More

Total Lifetime Payment

CommonBond

Government

Estimated APR

CommonBond

Government

Your lower CommonBond APR could save you *

*APRs calculated based on a 10-year loan and deferred repayment method. Federal lifetime cost calculation based on full loan balance comprised of Grad PLUS loans.

How does it work?

1

1. Easy application

Easy application

You provide us with the basics. We take it from there.

2

2. Enrollment verification

Enrollment verification

We contact your school to confirm you’re a registered student.

3

3. Loan disbursement

Loan disbursement

We send the funds to your school’s Financial Aid office.

A Smarter B-School Loan

  • No cosigner required
  • No pre-payment penalties
  • Payment postponement available
  • 29 eligible programs (see list)
Better Rates than the Federal Grad PLUS loan

Variable Rates*

4.87% APR

10 year

5.01% APR

15 year

Fixed Rates*

5.99% APR

10 year

6.46% APR

15 year

* APRs above assume deferred repayment plan

Try our comparison calculator to see much how you could save 8

1. Input details of your CommonBond loan

Commonbond

MBA Loan

Estimated APR

Total Savings

During School Mo. Payments

After Graduation Mo. Payments

2. Review details for your Grad PLUS loan

Federal

Grad PLUS Loan

Estimated APR

Total Savings

N/A

During School Mo. Payments

After Graduation Mo. Payments

*Review Federal loan protections here.

3. Compare loans

MBA Loan Grad PLUS Loan
Est. APR
Total Savings N/A
During School Mo. Payment
After School Mo. Payments

CommonBond is more than just a lender. We’re a leader.

We’ve funded over a billion dollars, and changed the face of student lending.

Personalized Competitive Rates

We use data and technology to get to know you, so we can tailor a competitive interest rate specifically for your financial situation.

Education

We provide resources, information, and options (like less long-term debt!) to help you understand the impact of your choices – so you can make the right decisions.

Simplicity

With our easy online application, you can get approved in minutes. There are no pre-payment penalties and no hassles. No kidding.

Protections

Our CommonBridge program lets you temporarily postpone payments if you run into financial difficulties. We’ve got your back, while you get your finances back in order.

Service

Our award-winning Care Team is available by phone, email, and live chat to answer any questions you have. Breathe easy – our experts know what you’re going through!

Social Promise

Your loan makes a difference. For every loan we fund, we also fund the education of a child in need. We're the first – and only – lender to make that promise.

Check Eligibility

Common Questions

Too shy to ask? Here are some of the questions we usually get:

Do I qualify for CommonBond's MBA loan?

  • You must be a US citizen or permanent resident.
  • You must be a full-time student at one of the MBA programs in our network.
  • We will review your credit to make an instant decision on your application.

How much should I borrow for my MBA program? Is there a maximum I can borrow?

  • Your school will set your maximum borrow amount based on their published cost of attendance (which includes living expenses) minus scholarships and other forms of assistance such as grants, fellowships, and financial aid. Our calculator can help you determine how much to borrow this year.
  • The maximum loan amount we lend per academic year is $110,000.

Do I need a cosigner to take out a loan with CommonBond?

No, you don't need a cosigner if you meet our minimum credit criteria.

How do I apply?

  • The online application is simple and takes minutes.
  • Once you're approved, you'll select a loan product and e-sign your loan disclosures.
  • Then, we will confirm your attendance and loan amount with your school. This can take anywhere from 5 days to 3 weeks, depending on your school.
  • Once your school certifies the loan, we will notify you by email and disburse the funds directly to your school. Read more here.

What are the terms and repayment options of the loan?

  • We offer 10- and 15-year fixed and variable MBA loans.
  • Borrowers may choose immediate, deferred or interest-only repayment.

Frequently Asked Questions

Do I qualify?

  • You must be a US citizen or permanent resident.
  • You must be a full-time student at one of these MBA programs.
  • We will review your credit to make an instant decision on your application.

How much should I borrow? Is there a maximum?

  • Our calculator can help you determine how much to borrow this year.
  • Your school will set your maximum borrow amount based on their published cost of attendance. This includes living expenses, and excludes scholarships and other assistance like grants, fellowships, and financial aid.
  • The maximum loan amount we lend per academic year is $110,000.

Do I need a cosigner?

No, you don't need a cosigner if you meet our minimum credit criteria.

How do I apply?

  1. Fill out our online application.
  2. Once approved, select a loan product and e-sign your loan disclosures.
  3. We’ll confirm your enrollment and loan amount. (This can take anywhere from 5 days to 3 weeks, depending on your school).
  4. Once your school certifies the loan, we’ll notify you by email and disburse the funds directly to your school. Read more here.

What are the terms and repayment options?

  • We offer 10 and 15-year fixed and variable MBA loans.
  • Borrowers may choose immediate, deferred or interest-only repayment.

Take your next step.

Still have questions? We’ve got answers.