Professional MBA

Your chance to explore our PMBA program is coming soon - Open Day May 17

Professional MBA

Your chance to explore our PMBA program is coming soon - Open Day May 17

Nordea Loans

 

Nordea special loan for RBS MBA students

Recognizing reputation RBS graduates enjoy in the business society and the quality of RBS MBA programs, Nordea is offering special loan scheme to RBS MBA students who are residents of Latvia. The loan covers entire tuition and/or monthly allowance. The loan is offered at competitive rates and re-payment terms, thus making MBA an affortable education and good investment for future career.

Special features:

  • You borrow only the amount needed
  • After approval of the loan tuitioon payments are processed automatically between RBS and Bank.
Key terms: Tuition Loan
Loan limit Nominal tuition at RBS or
Ls 8500
Grace period 6 month after graduation
Interest Capitalized during studies and grace period
Interest rate RIGIBOR (1M) + added anual interest rate for gold clients
 EURIBOR (1M) + added anual interest rate for gold clients
Administrative fees Ls 10 per semester
Repayment 5 years after graduation
(approx. monthly payment Ls140* per month)
Guarantee Net monthly revenues exceeding Ls 350 or corporate guarantee
Application Deadline September 10, February 10

*Calculation is based on the nominal study schedule and expected interest rate. Actual amounts may vary depending on RIGIBOR (1M) rate.

How to apply

Submit at the RBS Student Information Center:

  • Application form
  • Copy of the Passport
  • Confirmation of the monthly salary or corporate gurantee.

In the process of credit approval Nordea may request additional documents.

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