A full-time MBA program or for that matter, any business and finance course offered by the Booth School of Business at the University of Chicago comes with a steep fee. So, why should you riddle yourself in debt and obtain a loan to study here? There is more than one compelling answer to quell your doubt once and for all.
A Fantastic Institution
First, the Booth School of Business has been ranked the best B-school in the United States by the Bloomberg Businessweek. In fact, the school is considered to be amongst the best in the world by educational professionals, students, industry leaders, and employers. It consistently features and ranks high amongst the most elite educational institutions in the country as has been recognized in independent surveys.
Secondly, the business courses offered at the Booth School of Business offer world-class curriculum that combines cutting-edge academic principles with hands-on practical knowledge. Students here also obtain the benefit of receiving their education from respectable and extremely knowledgeable faculty members who not only teach the students but also help them develop entrepreneurial spirits and innovation-oriented mindsets.
An alumnus of the Booth School of Business is recognized and respected the world over as an individual who not only has the knowledge but also the right attitude to drive his company to fantastic riches in the dynamic world of business. It is thus not surprising to note that 94 percent of all who graduate from here receive plum job offers the moment they step out of the haloed portals of the university.
So, now that you are convinced about the wisdom of securing a loan to sponsor your education at this prestigious institution, it is time you looked at the options for Booth loans. Make your life easy by selecting a loan with interest rates lower than what you would need to shell out for the Federal Direct PLUS loans. The low-interest loans are feasible on multiple other counts as well. You do not have to pay the interest amount on the loan during the duration of your MBA program.
You can start repaying within six months of graduating, which gives you considerable time to settle into your new job—don’t worry because it will land in your lap itself—and probably even buy your dream home. If the paycheck is especially fat and you do not want the debt to hang heavy over your head, you can pre-pay the loan without needing to shell out any penalty fees.
Sometimes life does not turn out the way you had expected it to be. And at times, a Booth degree also cannot secure the riches you had hoped it would attract. In such unfortunate circumstances, Booth loans allow you to apply for hardship deferral so that you do not have to worry about repayment during a precarious financial situation.
Now that you know that acquiring and repaying Booth financial aid is not stressful, shoot your application and prepare for a golden future.