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Financing Your Degree
Funding Options for Students in IndiaA majority of Indian candidates will require some level of private financing to help fund their graduate level degree. We encourage you to explore various bank and private loan options available.
Listed below are different financing options that domestic and international students can explore.
Click on each funding option for details.
- Schulich Graduate Funding
Funding Options
Private Loan Programs
View details Hide detailsListed below are private lenders that provide education loans specifically to international students that you may explore. Rates and repayment terms vary among lenders and we encourage our students to compare information among these and other available student loan providers.
Prodigy Finance: Founded in 2007, Prodigy Finance provides loans for top international graduate students to pursue their masters at the world’s best schools, including York University- Schulich School of Business. Their loan model eliminates the need for a co-signer or collateral. This means they can lend to many students who lack access to other traditional sources of funding. Additionally, Prodigy Finance assesses their applicants’ future earning potential to determine loan affordability. To apply, visit the Prodigy Finance’s website.
See more details about the terms and conditions, and how to apply for a loan on Prodigy Finance’s website. |
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MPOWER Financing: MPOWER Financing is the leading provider of no-cosigner loans to students from around the world. MPOWER loans are based on your career potential and can cover tuition and other education-related expenses.
Support Team (24/7 coverage) mpower.me@mpowerfinancing.com +1-647-503-4607 (Canada) WeChat (ID: mpowerstudentloans) |
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Financial Institutions
View details Hide detailsListed below are financial institutions that provide education loans specifically to international students from India that you may explore. Rates and repayment terms vary among lenders and we encourage our students to compare information among these and other available student loan providers.
Schulich partners with multiple financial institutions to extend competitive and favorable loan products to our MBA and MBA in India students. Information provided below. Please contact the bank or financial institution of your choice for more information.
Ms. Indra Priyadarshini Indra.priyadarshini@avanse.com Tel: +91-7675079854For details, visit: www.avanse.com/education-loan/study-abroad-loan/ |
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Theethu Yemula Theethu.Yemula@axisbank.com Tel: +91-8886788667 |
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Mr. Tushar Adole tushara@hdfccredila.com To apply online, please visit: https://www.hdfccredila.com |
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Abhiram Sadapalli Relationship Manager Abhiram.Sadapalli@incred.com |
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Local Contacts: Ashwin Kumar Tel: 9985784567 ashwin.bm@icicibank.com HyderabadAbhilash Mukherjee Tel: 9163194983 abhilash.mukherjee@icicibank.com Hyderabad |
*Rates are subject to change as per REPO pricing **Rates application for academic year 2020-2021**
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Note: Please contact the Bank or Education Loan provider for the maximum loan amount and to confirm final interest rate.
1Terms and conditions apply.
2Interest rate offered will vary a on case to case basis and on individual merits.
Via GradRight’s Fundright platform, Schulich’s Indian admits and applicants are able to access 90% of the education loan lending market with a click of a button. Loans are offered to Indian nationals on FundRight by banks, NBFCs, and international lenders. Schulich does not charge any fee from students or GradRight for this service. You may access their services for free here: https://bit.ly/2QKCXgU
Bank | Branch | City | State |
Canara Bank | Broadway | Cochin | Kerala |
Canara Bank | JNTU | Hyderabad | Telangana |
Incred | Bandra | Mumbai | Maharashtra |
State Bank of India | Jaynagar 2nd Block | Bengaluru | Karnataka |
Punjab National Bank | Airport Road | Indore | Madhya Pradesh |
Incred | Bandra | Mumbai | Maharashtra |
Syndicate Bank | Banjara Hills | Hyderabad | Telangana |
Bank of India | Miraj | Miraj | Maharashtra |
State Bank of India | RACPC Gurgaon | Gurugram | Haryana |
Punjab & Sind Bank | Hesag | Ranchi | Jharkhand |
Oriental Bank of Commerce | Janakpuri | Delhi | Delhi |
Punjab National Bank | South Ext-1 | Delhi | Delhi |
Bank of Maharashtra | Shahganj | Lucknow | Uttar Pradesh |
State Bank of India | Kota | Kota | Rajasthan |
State Bank of India | Industrial Area | Karnal | Haryana |
State Bank of India | Alambagh | Lucknow | Uttar Pradesh |
Vijaya Bank | Dr. Nnajappa Road | Coimbatore | Tamil Nadu |