Financing

EADA has an agreement with the Santander Central Hispano Bank, who offer our participants loans with very favourable conditions.

For employees

• Loan application form
• Photocopy of the loan applicants' ID
• Photocopy of last payroll
• Last income tax declaration
• Photocopy of bank account details (account number details 20 digits)

For self employed workers and professionals

• Loan application form
• Photocopy of the loan applicants' ID
• Photocopy of the last termly income tax declaration
• Photocopy of the last three-monthly vat declaration
• Photocopy of last income tax declaration
• Photocopy of bank account details (account number details 20 digits)

Procedures

• Participants must hand in these documents to EADA
• The administration department will then forward the application
• The signing of the loan normally takes place within seven days
• The bank transfers the loan principal to EADA (this loan is only for the payment of EADA programme fees)

Guarantors

• Loan Applicants without a regular income must present a guarantor.

Non residents

• In order to apply for a loan non residents are required to present a guarantor to the bank who is a resident.

MBA - MP - General Management - Master Programme - DAF Programme; amounts over 6.000 €

• Loan ammount: 100% of programme fees.
• Loan period: maximum 5 years, 60 months.
• Payment Terms: Monthly payments.
• Interest rate on loan: variable as of 2nd year.
• Index of reference: EURIBOR + 2 points differential.
• Fees and commisions: 0,50% on loan ammount.

BASIC EXAMPLE: Download Excel document

Main Programmes amounts under 6.000 €

• Loan ammount: 100% of programme fees.
• Loan period: maximum 1 year, 12 months.
• Payment terms: monthly payments.
• Interest rate on loan: 6,95% (fixed).
• Fees and commissions: 5,98 €

BASIC EXAMPLE: Download Excel document

If you want to apply for a loan or have any queries about how to go about it you should contact:

Executive Education Department

C/ Aragó, 204 08011 - Barcelona

Tel.: 93 452 08 44 Fax: 93 323 73 17