Stanford GSB | Ms. Top Firm Consulting
GMAT 710, GPA 3.7
Harvard | Mr. Green Energy Revolution
GMAT 740, GPA 3.4
INSEAD | Mr. Truth
GMAT 670, GPA 3.2
INSEAD | Mr. Powerlifting President
GMAT 750, GPA 8.1/10
Harvard | Mr. Mojo
GMAT 720, GPA 3.3
Ross | Mr. Law To MBA
GRE 321, GPA 3.77
Stanford GSB | Mr. Failed Startup Founder
GMAT 740, GPA 4
Wharton | Mr. African Impact
GMAT 720, GPA 3.8
Harvard | Mr. Sommelier
GMAT 710, GPA 3.62
Wharton | Mr. MBA When Ready
GMAT 700 (expected), GPA 2.1
Kellogg | Mr. Danish Raised, US Based
GMAT 710, GPA 10.6 out of 12
Kellogg | Mr. AVP Healthcare
GRE 332, GPA 3.3
HEC Paris | Mr. Strategy & Intelligence
GMAT 600 - 650 (estimated), GPA 4.0
Harvard | Ms. Analytical Leader
GMAT 760, GPA 3.9
Stanford GSB | Mr. Technopreneur
GRE 328, GPA 3.2
Harvard | Mr. Schoolmaster
GMAT 710 (to re-take), GPA 3.5 (Converted from UK)
INSEAD | Mr. Sustainability PM
GRE 335, GPA 3.5
Cambridge Judge Business School | Ms. Story-Teller To Data-Cruncher
GMAT 700 (anticipated), GPA 3.5 (converted from Australia)
Kellogg | Mr. Operator
GMAT 740, GPA 4.17/4.3
INSEAD | Mr. Business Manager
GMAT 750, GPA 3.0
Berkeley Haas | Mr. Army Marketing
GRE 327, GPA 3.8
Harvard | Mr. STEM Minor
GMAT 740, GPA 3.78
HEC Paris | Mr. Productivity Focused
GMAT 700, GPA 3.6
MIT Sloan | Mr. Energy Transition
GMAT 760, GPA 3.95
Stanford GSB | Mr. MBB to PM
GRE 338, GPA 4.0
McCombs School of Business | Mr. CRE
GMAT 625, GPA 3.4
Emory Goizueta | Mr. Tech Engineer
GRE 310, GPA 4.0

Interest Rate Reduction On MBA Loans

The Graduate Management Admission Council said today (Jan. 8) that graduate business students who take the Graduate Management Admission Test exam can receive a 0.25 percent interest rate reduction on new MBA loans from Discover Student Loans. The program is available to students, including international MBA candidates, attending U.S. schools.

To qualify for the interest rate reduction on a Discover MBA loan:

  • The Discover MBA Loan application was submitted on or after December 16, 2013. The applicant must be approved for a fixed or variable interest rate MBA Loan originated by Discover Student Loans.
  • The applicant must have taken the GMAT exam within five years of submitting the Discover MBA Loan application and the completion of the test must be verified by GMAC.

The 0.25 percent interest rate reduction is for fixed or variable interest rate Discover MBA Loans and is effective for the life of the loan. Discover Student Loans also come with zero fees, no payments required while enrolled in school at least half-time, and 24/7 US-based customer service. Students also are eligible to receive an additional 0.25 percent Auto Debit Reward benefit if enrolled in automatic payments during repayment.

“Discover Student Loans believes in the value of education and that begins by providing students with affordable options to pay for college and graduate school,” said Danny Ray, president of Discover Student Loans, in a statement. “Providing a cost-saving benefit for graduate business students is another way we are committed to being a responsible lender.”

“Taking the GMAT exam and pursuing a graduate business or management degree is about connecting talent and aspiration to opportunity,” said Sangeet Chowfla, president and CEO of GMAC, makers of the GMAT exam. “Through this reward with Discover Student Loans, GMAC is extending its commitment to the next generation of leaders — and their aspirations — by helping them manage and lower the cost of their education.”

Students can find out more about the interest rate reduction at DiscoverStudentLoans.com/GMAT and at mba.com/loans.

About The Author

John A. Byrne is the founder and editor-in-chief of C-Change Media, publishers of Poets&Quants and four other higher education websites. He has authored or co-authored more than ten books, including two New York Times bestsellers. John is the former executive editor of Businessweek, editor-in-chief of Businessweek. com, editor-in-chief of Fast Company, and the creator of the first regularly published rankings of business schools. As the co-founder of CentreCourt MBA Festivals, he hopes to meet you at the next MBA event in-person or online.