Archive for the ‘Global News on Financial Aid’ Category

3
Sep

UniCredit is a major international financial institution with strong roots in 22 European countries and an overall international network present in approximately 50 markets, with over 150,000 employees and about 9,400 branches.  Thanks to a renewed agreement with UniCredit’s Italian division, degree candidates coming to IE from Italy have access to a special student loan offering.

See full terms and condition of the loan from Unicredit here.  For additional assistance, contact Sergio Negri, IE Country Director for Italy, at italy@ie.edu.

In addition to the above loan option, Italian candidates have access to IE loan programs as well.  For more information on IE’s loan programs, see www.ie.edu/loans.

28
Aug

If you have gained admissions to an IE master program and are looking for student loan options in Taiwan then it may be worth checking out the loans offered by the Department of Education, Taipei City Government.

For more information, see the Taipei City Government link here (information only available in Mandarine).

Loan applications must be processed directly with the lending authority.

28
Aug

Check out the recent article published by BGS in their BZine magazine here.

This year IE and BGS are continuing their commitment to BGS members via scholarship program that helps reduce the financial commitment needed to complete a top master degree at an internationally acclaimed school in Europe.

A graduate degree – something which 77% of BGS undergraduates plan on pursuing according to survey research done this summer at the BGS’s Central Office – is a lifetime investment in personal and professional development that will prove essential to success in today’s increasingly global and complex economic market.

16
Aug

A good little article has just been published by the WSJ, which will be of special interest to US-based candidates coming to IE this Fall.  The article talks about the challenges US students face when funding their studies, and specifically about US federal loans:

“Federal student loans have long been the option preferred by most borrowers. But annual interest rates on many of these government loans range from 5% to 7.9% at a time when mortgages are going for around 3.5% or less…”  To see the full article, click here.

For US candidates IE offeres a wide range of program funding options, and we are also an approved school for Sallie Mae loans, which is offering rates similar to US federal loans.  To learn more about the Sallie Mae Smart Option Student Loans, check out see the web page here.  IE is able to offer student loans in US Dollars to all qualifying US students who come to IE, and for both Bachelor and Master programs.

30
Jul

IE Business School, in collaboration with QS TopMBA, has completed the selection process for this year’s IE Business School Scholarships for Women and the winners of the 22.500€ grants are two women professionals from Africa, both from Nigeria, who will be following the full-time International MBA.  The two grant recipients had exceptional profiles, not only from an academic and professional experience perspective, but also from a future potential perspective.  This year we had 44 candidates apply for these two grants.

QS is pleased to offer over US$1,200,000 (about 975.000€) in scholarship funding for selected applicants from around the world who have attended the QS World MBA Tour, amongst other fairs hosted by QS.

If you have attended or will be attending a QS World MBA Tour event and plan on studying at IE Business School in the 2013-2014 academic year, then you have until Thursday, 31st January 2013 to apply for next year’s grants.

For a full listing of upcoming QS World MBA Tour events, see here.

26
Jul

Educational Testing Service (ETS), the people who offer the TOEFL, recently offered a US$10.000 prize to Ankit Talwar, an IE Business School MBA student.  TOEFL is the most widely accepted English language assessment tool in the world, and the scholarships recognise the academic excellence of test takers coming from China, India, Japan, Korea and Taiwan. For non-native English speakers coming to IE Business School, candidates must submit proof of their English-language abilities, and the TOEFL is an accepted assessment test.

To see the full article on the scholarship recipients click here.

To learn more about ETS’s scholarship programs click here.

23
Jul

If you are a Master degree candidate currently in the admissions process, or a candidate that has been admitted and is thinking of applying for financial assistance from IE, please keep in mind that IE Financial Aid will be open daily from 8h30 to 20h30 CET (Madrid local time), Monday to Friday, for the entire month of August.  During this period, in addition to being able to call, email or stop by the Financial Aid Office in Maria de Molina, 11, we’ll also be processing scholarship and fellowship applications as pero our usual bi-weekly basis. We’ll also be working with candidates who’ve applied for a loan to process their loan applications.

Important reminder: If you are planning on applying for a loan from one of IE’s banking partners, the deadline for application is 30 July, 2012.  No late loan applications will be accepted.

If you are an Bachelor degree candidate please note all selection rounds have now been completed and we’ll will not be accepting any new scholarship applications for the 2012-2013 academic year.

IE Financial Aid will continue to work with outside funding organizations as well during the month of August, so if you are applying for a loan through an organization such as Sallie Mae, your application will be processed as usual.

For more information on Financial Aid, make sure to check the web site at www.ie.edu/financialaid.

23
Jul

The Government of the Hong Kong Special Administrative Region, through its Student Financial Assistance Agency, offers several funding options for all levels of education.  To see the scholarship options for higher level studies, see here.

Of special interest are the following scholarships:

1) Sir Robert Black Trust Fund – Scholarships
2) Sir Edward Youde Memorial Fund Scholarship Schemes

As these scholarships are externally funded, please contact the scholarship-awarding organizations directly as IE does not participate in the selection of scholarship recipients.

19
Jul

Loan terms available through the US Federal Student Loan program are becoming less attractive, and origination fees for both Stafford and Federal Plus loans are on the rise.  BusinessWeek writer Alison Damast writes:

“Incoming first-year MBA students and second-year MBA students typically spend July trying to finalize how they’ll be paying for school in the fall. This summer they’ll be in for a rude shock as they calculate how the recent raft of changes to the federal loan programs will affect their student loan payments…”

To see the full article, click here.

17
Jul

IE Business School and UK Trade & Investment (UKTI), of the British Embassy in Madrid, have launched a joint scholarship program to enable UK students to study a master program that includes an internship in the field of international trade at UKTI’s Madrid office.

Candidates will benefit from a scholarship that covers up to 30% of enrolment fees for pre-experience programs like the Master in Management, Master in International Relations, International LLM, Master in Finance, Master in Marketing Research and Consumer Behavior, Master in Political Communication, and the Master in Corporate Communication. The total amounts would range between 5,400 and 8,700 euros

Scholarships are also available for the International MBA and the Master in Advanced Finance of IE Business School, covering in these cases between 20% and 30% of enrolment fees respectively. Said scholarships will range between 7,000 and 11,400 euros (up to 20% of fees) for the International MBA, and between 10,500 and 17,100 euros (up to 30%) for the Master in Advanced Finance. Scholarship recipients will be able to request an internship at IKTI’s Madrid Office, the nature of which will depend on their profile and academic achievements. In order to do so they will be required to successfully complete UKTI’s selection process. The internships will permit students to build on their professional experience in the field of international trade.

“Today’s business environment requires efficiency to survive, thrive and take companies to the next level. We support UK and Spanish companies in this when doing business in Spain and investing in the UK, respectively, for which we must provide them with a competitive service to win business. UK Trade and Investment in Spain work with professional advisers, with a priority of understanding the needs of our customers in order to help them with tailored and real-world solutions. We are confident that the MoU/collaboration with IE Business School will bring young talent and future business leaders to our project of furthering the excellent commercial relationship between Spain and the UK”, said Martyn Warr, Director for UKTI Iberia.

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