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IESE introduces Post-Graduation Payment Aid for MBA and MiM students
EU-supported payment option enhances access to IESE programs and promotes social mobility
November 22, 2024
IESE Business School has launched a new flexible payment option for its MBA and MiM students. The Post-Graduation Payment Aid (PPA) is an income share agreement designed to make IESE’s prestigious programs accessible to high-achieving students, regardless of their financial circumstances.
Supported by the European Union’s InvestEU Fund, the PPA offers eligible candidates the opportunity to pay a portion of their tuition fees as a fixed percentage of their income for up to 10 years after graduation. As such, it provides flexibility and peace of mind to students who may otherwise find it challenging to cover tuition costs upfront.
Marc Badia, Dean of MBA and MiM programs at IESE Business School, emphasized the program’s significance:
“At IESE, we are deeply committed to making top-tier business education accessible to talented individuals from all backgrounds, regardless of their financial circumstances. IESE’s PPA, made possible through the support of the EU’s InvestEU Fund, is a vital initiative that allows students to focus on academic and professional success without the immediate financial strain often associated with an MBA or MiM program.
By allowing students to pay a portion of their tuition based on future income, we are creating new pathways for social mobility and enabling high-potential candidates to access IESE’s world-class education. This program reflects our dedication to fostering a more inclusive and diverse business community, empowering individuals who might not otherwise have had this opportunity to shape their future and make a lasting impact.”
The PPA is part of a broader European initiative from the European Investment Fund and education loan service provider Quotanda, which is aimed at enhancing access to education financing.
Detailed eligibility criteria and application processes for the PPA will be shared with admitted MBA and MiM candidates.
In addition to the PPA, IESE offers a variety of funding options, including scholarships, to support students in their academic journey. For more information, visit Loans and Scholarships | IESE Business School.
