Finance Your MBA When You Don't Have Money | Taxila Business School
Taxila Business School

Admissions and Financial Aid

 

FAQ on Financing PGDM/EPGDM at Taxila Business School

Taxila PGDM/EPGDM students get 100% loan that’s too without any collateral security. No financial burden on parents. Pay after your course completion.

Thinking of applying to the PGDM full-time Program or Executive PGDM but wish to understand how to finance your studies?

This is seen that many students weigh the options of pursuing a full-time PGDM, and our Admissions & Financial Aid Team helps individuals like you do the same both before and after you apply. Time and again, our students praise not only the return on investment that the Taxila PGDM/ EPGDM Program gave them, but also the return on experience: the immediate benefits of a community-minded global network of peers and leaders, along with the prestige that comes from a top-ranked institution like Taxila.

That said, we understand that a Full-time PGDM is a significant financial investment and we are here to help you understand your funding options. A few tips to keep in mind:

  • Apply for the program first, and apply early.
    We offer rolling admissions. In every batch, we have a limited number of seats and our admissions department handpicks students for ideal diversity of experience and proficiency. Applying early may help you stand out.

  • Apply for financial aid/ loan upon acceptance.
    For complete consideration, admitted students should submit loan applications in a timely manner so as to secure suitable funding prior to the program’s start date.
  • Contact us for guidance.
    We know that so many questions arise as you browse possibilities for funding your course. Know that we’re here to help you. You can email at [email protected] or call us at: 8404040404 from 10 AM to 7 PM on all working days.

    Although we continuously inspire you to get in touch with us, call us or write to us we thought you might benefit from seeing what others are requesting to know. Without further ado:

The top FAQ we receive on financing a Taxila PGDM:

 What’s included in Fee?

Taxila’s PGDM program Fee includes courses, accommodations & meals. Books, uniforms, laptop and materials are not included. International / national Student exchange programs are at additional cost.

How much financial assistance/ loan I can get:

Once upon getting a selection letter for Taxila PGDM/EPGDM you may get a maximum loan of Rs 15.00 lakhs without security to fund your college fee, cost of books, laptop or any other expense related to your academics. You need to submit the ITR of your parents and if not possible you may attach ITR of any of your blood relatives.

Repayment of Loan:

The loan is sanctioned for 10 years and the repayment is to be done in 10 years. The moratorium time is three years, which means that the installments will start after one year of program completion. Still, the students will have a choice to close the loan before 10 years.

How do most students finance their PGDM, and what options are available to me?

We always encourage you not to put a financial burden on your parents. Most of the students finance their studies using one, or a mixture of, following options:

  1. Bank and private loans
  2. Self-funded
  3. Partial financial sponsorship.

Many PGDM students take advantage of loans to help fund their degrees. Financial aid is available to full time PGDM and EPGDM Program students through Nationalised and/or private loans. Only Indian citizens and permanent residents are eligible for educational loans through RBI education loan facility.

 How do I apply for financial aid?

If you are interested in getting financial aid or loan assistance, please call us at 8404040404 or write to us at [email protected]. We will ask one of our bankers to remain in touch with you.

Once the completed application materials are received by the financial institution/ bankers, they will review and determine your eligibility for financial aid loan assistance.

On your acceptance of loan offers, and you have completed the necessary steps included in the notification letter, your loan funds will disburse to your student account shortly before classes begin.

 Does Taxila offer scholarships?

In order to make the cost of education more manageable, the PGDM/EPGDM Program offers limited scholarships and fellowships to admitted students each year.

We here below are producing the email written to us by one of our bankers who fund Taxila Students:

Dear Sir,

Greetings for the day!!

Hope you stay safe and healthy at home with your family!!

As discussed on call, we have designed a specially designed education loan product for your college named “Domestic Titanium” , we have considered your college PGDM course in our Titanium list of categories after looking at your continuous record of best placement in the past and current scenario also.

Going forward in this stated category we are giving 100% Cost of education loan with 100% unsecured category, in which student or parents need not to worry for even single penny related to course, detailed description of this product is as under:

“Taxila Business School, Jaipur” DOM_Titanium Scheme:

Features:

  1. A hassle-free loan with Minimum documentation
  2. NO location constraint
  3. PAN India Presence
  4. Rate of Interest: 12% only (It can go down also If every aspect is excellent in the file)
  5. Processing fees: 5000+GST only (Fix for Taxila Candidates)
  6. Tenure: 120 Months

In this Product as stated above we are funding the complete cost of education which includes living also 100 % unsecured and without Income documents required, which means we do not require any Income-related documents from Parents, only one single Criterion is there for Borrower CIBIL, it should be clear means there should not be any default in past or current, only few documents required which is as below:

Student:

  1. One Photo Passport Size
  2. Pan Card
  3. Aadhar Card
  4. Complete Academics
  5. College Admission letter
  6. CAT/MAT/CMAT scorecard
  7. Job proof if any after graduation

Parents:

  1. One photo Passport Size
  2. Pan Card
  3. Aadhar Card
  4. Latest month light bill of House
  5. Latest 3 Months Bank Statement updated till date

Please feel free to call me anytime if any queries arise.

Thanks & Regards.

Contact us for Funding your PGDM/EPGDM at 8404040404.

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