Harvard Business School has some good news for international students. Last week, HBS Admissions Director Dee Leopold announced on her blog that Harvard University has established a partnership with the Harvard University Employees Credit Union that will make credit union loans available to international graduate and professional school students. Undoubtedly, this partnership is designed to assist international students who have been particularly affected by the global credit crisis. HBS also established a partnership with JP Morgan Chase, providing international graduate and professional students access to private loans without requiring a cosigner.
On the heels of similar announcements by Wharton and a consortium of schools represented by GMAC, business schools are clearly making significant efforts to ensure that all admitted students receive the financial assistance they need to attend their target MBA programs.