If you are admitted to our ESADE MSc Programmes, you are welcome to apply at the same time to any of the loans agreements ESADE holds with two financial institutions: Banc Sabadell and Prodigy Finance. Later, you will have to choose only one option to finance your programme.
The maximum loan amount that you can finance through these agreements is capped at 100% of programme tuition fees. Both Prodigy Finance and Banc Sabadell make payments directly to the School.
Prodigy Finance Loan Programme for International Students
Prodigy Finance delivers innovative community-funded loans to international students at ESADE.
While banks base their loan decisions on historical salaries, Prodigy looks to the future, assessing your future earning potential (based on the past achievements of similar graduates) to determine loan affordability.
Application Process - Prodigy
Loans are open to students from over 150 different countries.
> Eligibility. Candidates accepted by any ESADE MSc in Management programme are eligible to apply for a loan with Prodigy.
> Rates. Interest rates vary depending on individual applicants. See more details about the terms and conditions and how to apply for a loan on Prodigy’s website.
Why choose Prodigy?
> 150 nationalities
> Competitive interest rates
> No collateral or guarantees required
> Easy online process
> No repayments while you study
Prodigy Finance Ltd is incorporated in the United Kingdom (Company Number 05912562) and registered with the Office of the Information Commissioner (Reg. No. Z9851854). Prodigy Finance Ltd is authorised and regulated by the Financial Conduct Authority, and entered on the Financial Services Register under firm registration number 612713. Prodigy's registered address is Palladium House 1-4 Argyll Street, London, W1F 7LD
ESADE Banc Sabadell Student Loan Programme Application Process
Our partner, Banc Sabadell, covers up to 100% of the tuition fees, minus the reservation fee. Bank guarantees will be required depending on the amount of the student loan requested. The ESADE MSc loan agreement is available to all admitted candidates and only covers tuition fees; living expenses are the responsibility of the candidate.
If you are admitted to an ESADE MSc Programme and interested in applying for a student loan, you should refer to the following information to begin the online student loan application:
Step 1: Visit the Banc Sabadell website by clicking here. Step 2: Fill in a very simple personal data questionnaire and a bank officer will call you. Your loan application process will start from at this point. Step 3: Once you submit the application form (LINK) and all required supporting documents, the loan risk committee will evaluate your request and will send a personalized loan offer. Step 4: Once you accept bank's offer, you will receive a loan approval letter that can be used for VISA purposes. Step 5: Once in Barcelona, or even from your home country, start processing your NIE/TIE (identification number for foreigners in Spain). It is mandatory to formalize a student loan. Step 6: The loan formalization process will take place in Barcelona (at the bank and notary office).
Sallie Mae – Private Loans
Sallie Mae is a student loan company with over 40 years’ tradition in providing student loans for college, supporting graduate and undergraduate study and more.
Smart Option Student Loan® for Graduate Students. You choose the type of interest rate and repayment option that work best for you. This loan will help you finance up to the cost of attendance at ESADE. Repayment period is up to 15 years and students have different repayment options: deferred, fixed or interest only.
Sallie Mae MBA Loan SM. For Masters of Business Administration (MBA) degrees you can choose to make your MBA loan payments in school or defer until after you leave, and select a variable or fixed interest rate, whichever works best for you.
The alternative to a student loan. As a social business, Deutsche Bildung has been supporting students in Germany since 2007. Monthly as well as single and returning payments guarantee a completely flexible financing of almost all programmes and subjects in Germany and abroad. Additionally, the extra-curricular-program WissenPlus focuses on the improvement of important social and professional competencies. The repayment is income-linked: you pay back a fixed percentage of your future income over a certain period of time once they have entered their first job successfully. Online application is available throughout the year at www.deutsche-bildung.de.
Erasmus+ Master Degree Loans
Erasmus+ Master Degree Loans are EU-guaranteed loans with favourable pay-back terms that can help you finance a Master course in Spain.
The scheme is designed to support postgraduate students and protect them from student hardship with social safeguards including:
> No need for collateral from students or parents, ensuring equality of access
> Favourable interest rates
> You can receive a loan of up to €12,000 for a 1-year Master or up to €18,000 for a 2-year Master
Please find additional information in the following link (Spanish Loan provider: Microbank)
Financial Help From Other Institutions
This PDF file details different resources available and classified by country to obtain grants, loans and other financial help to study a Master's programme.