Undertaking a Full-time MBA is a significant investment in both cost and time, and so various options are available to our students in terms of scholarships and/or financial loans. If pursuing the latter, you should consider the implications of your chosen funding carefully to ensure it meets your precise needs, now and in the future.

Loans

The below financing options are specifically designed to support the funding of an MBA – some are industry-wide, whereas others are underwritten by Cranfield University. This list is not exhaustive; other funding sources may be available elsewhere, and Cranfield does not specifically endorse or recommend any particular product. The information below has been provided by the relevant funding provider, and you should always check the latest terms on the relevant provider’s website.

Prodigy Finance Loan Programme

  • Available to all nationalities
  • Up to £25,000 available (plus life cover)

Once you have a firm offer of a place to study
on the Cranfield MBA, you are eligible to apply
for the Prodigy Finance Loan Programme, which
offers an innovative way of helping you finance
your studies. Founded by three MBA alumni,
Prodigy Finance provides funding for students
through contributions sourced from the university,
alumni and friends of the school.

Apply via Prodigy Finance

Lendwise Postgraduate Student Loan

  • Available to UK-domiciled students
  • Up to £100,000 available

Through its innovative online platform, Lendwise
offers fair, sensible and student-friendly loans at
competitive rates. Lendwise offers personalised
loans that take into account your specific profile
including future earnings potential when assessing
your credit worthiness.

Apply via Lendwise

StepEx Future Earnings Agreement

  • Available to UK and EU students
  • Up to £20,000 available
  • Repay after you graduate, once earning
    above minimum threshold

StepEx Future Earnings Agreement (FEA) provides
the ability to pay for a qualification with a share of a
student’s future earnings. Instead of paying the full
fee upfront, participants can instead pay a fixed
share of their earnings for 36 or 60 months after
they graduate. The amount repaid is; variable based
on earnings, capped, is for a finite period of time and
likely to be suitable even for those who are unable to
secure traditional financing.

Find out more

Postgraduate Master’s Loan

  • Available to UK nationalities only
  • Up to £11,836 available
  • Repay 6% of everything earned
    above £21,000

The UK Government offers Postgraduate
Master’s Loans to help with course fees
and living costs while you study. Postgraduate
Loans have to be paid back. If you have a
disability, including a mental health condition
or specific learning difficulty, you might be able
to get Disabled Students’ Allowances (DSAs)
which do not require repayment.

Find out more


Information accurate as of 11 April 2022.


Scholarships

Cranfield School of Management is delighted to offer a range of scholarships, many of which are funded by our generous MBA alumni. We are proud to offer awards that support diversity, recognise leadership potential, and strive to improve the practice of management across various sectors and regions worldwide. If you wish to be considered for a scholarship, please indicate this in your application form. The MBA Admissions Team will decide on scholarship awards on an ongoing basis throughout the year, but applicants are strongly encouraged to apply early.