Posts Tagged ‘Banca March#8217;

26
Oct

If you are admitted to a full-time program or you are a Spanish fiscal resident admitted to a part time or blended format program from IE and plan on applying for a loan from one of our partner institutions take note of the below application periods and deadlines.

For more information on our Banco Sabadell loan offer, see: www.ie.edu/bancosabadell

For more information on our Banca March loan offer, see: www.ie.edu/bancamarch

Loan Applications Periods by Program

Below are date ranges that indicate when you can apply for a loan for your program.  Applications sent outside these date ranges will not be accepted.

Master in Advanced Finance (January ’13 intake): 1-30 November 2012
Master in International Management (February ’13 intake): 1-30 November 2012
Executive MBA+ (February ’13 intake): 1-30 January 2013
Executive MBA+ (March ’13 intake): 1-28 February 2013
Executive MBA+ (April’13 intake): 1-30 March 2013
Executive MBA+ (May ’13 intake): 1-30 April 2013
Executive Master in Positive Leadership and Strategy (April’13 intake): 1-28 February 2013
Global MBA+ (April’13 intake): 1-30 March 2013
Master en Asesoría Jurídica de Empresas (LL.M.): (February ’13 intake): 1-30 November 2012
Global MBA+ (March ’13 intake): 1-28 February 2013
International MBA (April’13 intake): 1 January-28 February 2013
Master in Architectural Management and Design (February ’13 intake): 1-30 November 2012
Global Executive MBA (June ’13 intake): 1-30 May 2013
IE Brown Executive MBA (March ’13 intake): 1-30 February 2013

16
Sep

As of today all newly approved loans with our lending partner Banca March will be subject to the following terms and conditions.  While we are currently updating the web site, the valid terms and conditions are the following:

  1. Maximum repayment period: Up to 10 years (120 months).
  2. Maximum grace period: Up to 2 years (24 months)
  3. Application fee: 0,25% of final amount of credit approved.
  4. Applicable rate: 12-month Euribor + 3,50 p.b. (Mminimum interest rate: 5%)
  5. Interest will be reviewed quarterly.

Los terminos de los créditos de Banca March han cambiados y todo crédito aprobado de Banca March desde hoy, día 16 de septiembre 2011, estarán sujetos a los siguientes terminos:

  1. Plazo de los préstamos: Hasta un máximo de 10 años
  2. Posibilidad de carencia de hasta 2 años
  3. Comisión de estudio: 0,25%
  4. Euribor 12 + 3,50 p.b. (Mínimo tipo de interés: 5%)
  5. Revisión semestral del tipo de interés.
21
Mar

While IE maintains various agreements with banks in Spain, if you wish tu have us open a bank account for you ahead of  your arrival, then you should request a bank account with Banca March.  A private bank with headquarters in Mallorca, Banca March offers premium service in both English and Spanish.  By opening an account ahead of your arrival, you will be able to send yourself funds from your home country so they’re here and ready for use as soon as your plane touches down at Barajas International.

Please note we are not able to open bank accounts with savings bank Caja Madrid before you are physically in Spain due to Bank of Spain (Spain’s Central Bank) regulations.

18
Oct

All students who wish to apply for a loan from either of IE’s in house loan partners – Banca March or Caja Madrid – must have their complete application submitted before February 1st, 2011. No late applications will be accepted as the typical processing time for loans, including the document processing with the Spanish tax authorities, takes between 8 and 12 weeks. To learn more about both loan programs and to apply see the following web pages:

1) Banca March – www.ie.edu/bancamarch
2) Caja Madrid – www.ie.edu/cajamadrid

Keep in mind that when students first submit their application, often additional documentation is necessary so apply well before February 1st to ensure Financial Aid will accept your loan application. Also keep in mind that although all applications will be considered, the banks have the final decision on whether or not to offer a loan so it’s important to have a plan B in place.

For support with your loan application, contact us: financialaid@ie.edu

18
Oct

Todos los candidatos que deseen solicitar un préstamo de cualquiera de los dos acuerdos de IE – Banca March o Caja Madrid – deben presentar la solicitud completa antes del 01 de febrero de 2011 a financialaid@ie.edu. No se aceptará ninguna solicitud fuera de plazo, puesto que generalmente el tiempo de tramitación de préstamos, incluyendo la tramitación de documentos con las autoridades fiscales españolas, lleva de 8-12 semanas. Para obtener más información sobre los programas de préstamos y el proceso de solicitud por favor visiten las siguientes páginas web:

1) Banca March – www.ie.edu/bancamarch
2) Caja Madrid – www.ie.edu/cajamadrid

Tengan en cuenta que en la mayoría de los casos, cuando se presenta la solicitud, a menudo es necesaria documentación adicional, por ello que deberán solicitarlo antes del 01 de febrero para asegurar que el Departamento de Ayuda Financiera aceptará su solicitud de préstamo. También tenga en cuenta que aunque aceptamos todas las solicitudes, son los bancos los que tienen la decisión final sobre la aprobación o denegación del préstamo por lo que es importante tener un plan B de financiación en caso de denegación.

Para obtener asistencia con su solicitud de préstamo, por favor contacte con nosotros a financialaid@ie.edu.

6
May

IE Financial Aid helps students by ensuring they have a bank account ready for use as soon as they get to Madrid, and now we’ve expanded the options for IE students.  Below you will find links to the full information regarding the bank accounts available through our financial partner Banca March.

Banca March Student Account (Click here for English document)
Banca March Student Account (Click here for Spanish document)

To open an account, simply fill in and send us the account application form (download it here), send us a copy of the photo page in your passport and a copy of your Admissions letter.

26
Apr

All students who wish to apply for a loan from either of IE’s in house loan partners – Banca March or Caja Madrid – must have their complete application submitted before September 1st, 2010.  No late applications will be accepted as the typical processing time for loans, including the document processing with the Spanish tax authorities, takes upwards of 8 weeks.  To learn more about both loan programs and to apply see the following web pages:

1)      Banca March – www.ie.edu/bancamarch

2)      Caja Madrid – www.ie.edu/cajamadrid

Keep in mind that when students first submit their application, often additional documentation is necessary so apply well before September 1st to ensure Financial Aid will accept your loan application.  Also keep in mind that although all applications will be considered, the banks have the final decision on whether or not to offer a loan so it’s important to have a plan B in place.

For support with your loan application, contact us: financialaid@ie.edu

29
Jan

Just a quick update to all applicants for the April 2010 intakes: if you plan to apply for a Banca March or Caja Madrid loan, we need to have your loan application, as complete as possible, submitted to financialaid@ie.edu before the end of the weekend (midnight, 31 January).  If 1 or 2 documents are missing because the applicant is waiting for banks or other financial intermediaries to provide supporting documentation, Financial Aid will work with the student in the first week of February to close the application.  However the deadline of 31 January is firm, for both our Banca March and Caja Madrid loan programs, specifically for April 2010 intake degree candidates.

This deadline is necessary for loan processing and student visa processing reasons, so please ensure you use the weekend to get your application submitted if you plan to apply for financial assistance via loans from IE Financial Aid.

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