FEES, SCHOLARSHIP INSEAD & EXPENSES
Tuition fee for the July Class is set in December each year. Fees for the December Class are announced in June.
Current tuition fees for the class graduating in December 2018 is € 80,800
Fee Payment Schedule
| Installment | How Much? | |
|---|---|---|
| 1 | Approximately 4 weeks after having received the admission offer | €9,000 |
| 2 | Approximately one month before the program starts, you will be required to pay a non-refundable second tuition installment. | €48,000 |
| 3 | Approximately 4 months after the program starts. | €23,800 |
- If offered a place on the INSEAD MBA program, you will be given a deadline by which you should secure your place.
- Tuition fee increases are announced in December of each year, for the Classes that will graduate the following year.
- Tuition fees cover all printed course materials, access to the INSEAD library, access to on-campus information technology services, language tuition and testing, student council fees, gym access, business cards, printing and health insurance.
FEES & SCHOLARSHIP INSEAD
INSEAD Scholarships are the most sought-after source of financial assistance. They are limited in number and there is significant competition for each award. These scholarship are granted under various criteria and essentially there are two basic categories of scholarships:
- Need-based: demonstrate financial need
- Non-need based: based on either merit, nationality, gender, professional background, leadership abilities, field of previous studies etc.
For all INSEAD scholarships applicants need to provide accurate details of their financial situation.
For more details click on the below link provided.
http://sites.insead.edu/mba/schlmgmt/
http://sites.insead.edu/mba/schlmgmt/dsp_schl_info.cfm?schlcode=INT26
Prodigy Loan
All admitted MBA students are eligible to apply for an International Loan Program from Prodigy Finance.
Prodigy Finance was started by three INSEAD alumni in 2006 to solve problem experienced by many international MBAs in funding their education.Prodigy Loan Information – PDF Version
Funding By Country
Other organizations and banks known by INSEAD to offer loans for the INSEAD MBA program are also listed by country.Financing an INSEAD MBA is all about investing in your future – it opens a world of opportunities to advance and succeed in your career. Pursuing an MBA however, is a substantial investment of time and money that needs to be carefully evaluated and planned. Apart from scholarships and the Prodigy loan, find out what are the other sources of funding available in the provided link below.
https://www.insead.edu/master-programmes/mba/financing/scholarships-loans-country
Financing Note For Indian Candidates
HDFC – the leading financial services organization specializing in mortgage loans and it is willing to look at educational loan requirements (against mortgage of property) for Indian participants already admitted to the INSEAD MBA program . HDFC will offer best possible terms and rates based on an individual’s personal financial history.
- Amount: Up to 25lacs
- Interest: 11.50%
- Moratorium: 18 months
- Security: Collaterals valued at 100% of the loan amount.
Credila Financial Services
Credila Education Loan Services specializes in education loans. It offers loans to students studying in India and overseas. Credila is an HDFC Ltd Venture.
- Amount: Up to 30Lacs
- Interest Rate: Starting at 11.25% pa
- Tenure: Up to 10 years
- Moratorium: Up to first 18 months of tenure. In case simple interest is rapid during moratorium then the ROI will be 10.95% pa
- Security: Collateral security(property, fixed deposit etc) value ranging from 60% of loan amount to 100%.
- Processing Fee: 1% (max)
State Bank Of India in Singapore
SBI provides Student Loans exclusively for students from India who have secured admission in selected educational institutions for higher studies in Singapore. Loan is secured against Standby Letter of Credit (SBLC) issued by SBI branch in India, backed by mortgage of property or cash deposits in India https://www.sbising.com/student_loans.asp .
Only Indian candidates starting on INSEAD Singapore campus are eligible.
Please see attached for the details on the loan offer. – file attached
Other institutions and banks that you can contact:
JN TATA ENDOWMENT SCHOLARSHIPS
The endowment awards can be available through JN Tata Endowment, mainly loan scholarships. However some applicants may be qualified for a gift award.
THE CHARPAK SCHOLARSHIP PROGRAMME
The Charpak scholarship program is run by the French Embassy in India. It offers three types of funding, one of which is for the Master’s Program. Applications are selected based on the academic excellence. For more information , please check the web site of Campus France.
AGA KHAN FOUNDATION
The Aga khan Foundation provides a limited number of scholarships each year for outstanding students from developing countries. Scholarships are awarded on 50% loan, 50% grant basis through a competitive application process once a year in June or July. Please note on very early application deadlines!
SAHU JAIN TRUST
Loan scholarships available for studies abroad.
K.C. MAHINDRA EDUCATIONAL TRUST
Interest free loan scholarships are awarded to outstanding students for studies abroad. Preference is given to studies which are not accessible in India.
INLAKS FOUNDATION SCHOLARSHIP abroad
Some partial scholarships (to finance air tickets or health insurance) may be available through the French Embassy in India. Please click here to find out more.
Global Funding
Eligibility: Students from around the world (over 18 years) who will be starting their studies in 2016 can apply if they’ve taken an IELTS exam and can show a copy of their International Student Identity Card. The winners will be selected based on how the students plan to make an impact on society, and improve their intercultural skills through their studies.
For more details click on the below link provided.
https://www.insead.edu/master-programmes/mba/financing/global-funding
FEES SCHOLARSHIP INSEAD