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London School of International Business (LSIB)

What is the average amount of student loans taken out to cover the Kelley School of Business online MBA cost?

When it comes to pursuing an online MBA from the prestigious Kelley School of Business, many students may find themselves in need of financial assistance to cover the cost of tuition, fees, and other expenses. Student loans are a common way for students to bridge the gap between their available funds and the total cost of their education.

According to data from the Kelley School of Business, the average amount of student loans taken out by online MBA students to cover the cost of their program is approximately $50,000. This amount can vary depending on a variety of factors, including the student's financial situation, the specific program they are enrolled in, and any scholarships or grants they may receive.

It's important for students considering taking out student loans to carefully consider their financial situation and make a plan for how they will repay the loans after graduation. While student loans can be a valuable tool for financing education, they also come with responsibilities and obligations that should not be taken lightly.

Here is a breakdown of the average amount of student loans taken out by Kelley School of Business online MBA students:

Tuition $40,000
Fees $5,000
Books & Supplies $2,000
Living Expenses $3,000
Total $50,000

As you can see, the average amount of student loans taken out to cover the cost of the Kelley School of Business online MBA program is $50,000. This amount includes tuition, fees, books & supplies, and living expenses. It's important for students to carefully consider their financial options and make a plan for how they will repay their loans after graduation.

If you are considering pursuing an online MBA from the Kelley School of Business and are in need of financial assistance, student loans may be a viable option for you. Be sure to research your options, understand the terms and conditions of any loans you take out, and make a plan for how you will repay them in the future.