MBA loan

With an MBA loan you can borrow up to two-thirds of your gross annual pre-course salary plus course fees (less grants) ¹ and you:

• can have up to seven years to repay a loan up to £20,000 ¹
• can have up to ten years to repay a loan over £20,000
• can borrow up to £10,000 if you're a distance learner ²
• can start repaying your loan three months after course completion ³
• can pay off your loan early or make additional lump sum repayments without penalty
• don't need to be an existing customer to apply  ⁴

View a summary of our MBA rates and charges.

Please read this important legal information

MBA loan rate

Please note: you need to be a UK resident graduate (and have spent at least 3 years in the UK), with a confirmed place on an MBA course approved by the AMBA and have at least two years' experience in industry or commerce. If you don't have a degree, you need to have had at least five years' experience.

1 Maximum term for distance learners is ten years. You need to contribute 20% of your total course fees from your own funds.
2 Part-time and distance learning students can borrow for course fees and study equipment only.
3 One month after drawdown, if you're a distance learner. If you're a full- or part-time student, repayment begins three months after course completion. If a repayment holiday is agreed, interest will continue to accrue during this period.
4 In order to take out an MBA loan, you'll need to open and maintain your main banking relationship with us. An arrangement fee of 1% of the value of your loan will be payable to the AMBA. This fee can be added to your loan or paid separately. Special conditions apply to part-time or distance learners. Please enquire for further details.

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