London School of International Business (LSIB)

Can the Kellogg online MBA cost be covered by student loans?

Many prospective students considering the Kellogg online MBA program may be wondering if the cost can be covered by student loans. The good news is that yes, student loans can be used to cover the cost of the Kellogg online MBA program. Here is some information on how student loans can help finance your education:

Types of Student Loans	Description
Federal Student Loans	Federal student loans are offered by the government and typically have lower interest rates compared to private loans. These loans are available to eligible students who fill out the Free Application for Federal Student Aid (FAFSA).
Private Student Loans	Private student loans are offered by banks, credit unions, and other financial institutions. These loans can help cover the remaining cost of tuition and other expenses not covered by federal loans.

When considering student loans to cover the cost of the Kellogg online MBA program, it is important to carefully review the terms and conditions of each loan option. Make sure to compare interest rates, repayment options, and any fees associated with the loans.

Financial Aid Options

In addition to student loans, there are other financial aid options available to help finance your Kellogg online MBA education:

• Scholarships: Kellogg offers scholarships to eligible students based on merit, need, and other criteria. These scholarships can help reduce the overall cost of the program.
• Employer Tuition Assistance: Some employers offer tuition assistance programs to help employees further their education. Check with your employer to see if they offer any tuition assistance for the Kellogg online MBA program.
• Payment Plans: Kellogg may offer payment plans that allow students to pay their tuition in installments rather than in one lump sum. This can help make the cost more manageable.

Overall, student loans can be a valuable tool to help cover the cost of the Kellogg online MBA program. By exploring all of your financial aid options and carefully reviewing loan terms, you can make an informed decision on how to finance your education.