Student Loans and Financing
Institute of Product Leadership Inc., (IPL) has partnered with student loan providers who can provide loans to IPL students. You may be able to avail a student loan if you meet the conditions set by the loan provider. The loan providers that we have currently partnered with are
- Scholfe (https://www.scholfe.com/)
- HDFC Credila (https://www.hdfccredila.com/)
How to apply for a student loan?
STEP 1: You can apply for a student loan from the loan providers listed on this page, only if your programme is eligible for a student loan. Currently, the following programmes are eligible for a student loan
- Executive MBA in Product Leadership
- International Certificate in Product Management
- Postgraduate Program in Product Management
- Certified Associate Product Manager
- International Certificate in Strategy and Leadership
- Executive MBA in Data Science and Technology Management
- Postgraduate program in Data Science and Business Analytics
- International Certificate in AI & ML
- MBA in Applied Data Science(Full time)
- International certificate in UX & UI design
STEP 2: You must complete the
- Application process for the programme
- Pay the application fee and Admission fee (as appropriate for the programme)
- Receive an email from the educational institution confirming your selection for the programme
STEP 3: You must complete the loan application form available at the below mentioned URLs
- For Scholfe at https://portal.scholfe.com/
- For HDFC Credila at https://www.hdfccredila.com/apply-for-loan.html
If you need assistance in filling out the loan application form please contact your admissions counsellor at IPL mentioning the name of the programme you are interested in.
STEP 4: An agent from the loan provider will call, email or visit you and assist you with your loan application. Loan approvals take varying amounts of time. You can discuss how long it would take with the agent who speaks to you.
No Cost EMI Options
In addition to these standard loan options, some programmes will also offer a subvention model for loans i.e. 0% EMI model. This service is offered exclusively by Scholfe for:
- Executive MBA in Product Leadership
- International Certificate in Product Management
- Postgraduate Program in Product Management
- Certified associate product manager
- International Certificate in Strategy and Leadership
- Postgraduate program in Data Science and Business Analytics
Key Points to Note
- Institute of Product Leadership Inc., will NOT make any recommendation on whether students should or should not avail of a loan to enrol into its programmes. The decision of whether to avail of a loan is exclusively your decision to make.
- Approving of a loan is a decision made exclusively by the loan provider. The loan provider may decline your loan application.
- Institute of Product Leadership Inc., do not recommend any specific loan provider. You are required to conduct your own due diligence before making a choice of the loan provider. Please note that loan providers will charge an interest in providing you with a loan. Loan providers may include other charges such as a processing fee, documentation charges etc. before disbursal of loan.
- Institute of Product Leadership Inc., encourages students to carefully read the terms and conditions of loan providers before availing of a loan.
- Institute of Product Leadership Inc., does not bear any financial obligation related to the loan you apply for. Your financial obligation on the loan you avail is to the loan provider.
- If you default on your loan repayment obligation to a loan provider, Institute of Product Leadership Inc., may notify you to meet your loan repayment obligation.
- Your loan provider may initiate loan recovery proceedings as per applicable law.
- Your loan provider will transfer the loan amounts directly to the institute as required under the arrangement that the loan provider has with the institute.
- On specific request by the loan provider, Institute of Product Leadership Inc., may inform the loan provider about your employment status, the programme fee, the programme duration and your attendance information on the programme.
- Failure to obtain a loan by you cannot be a reason to seek a delayed payment schedule from Institute of Product Leadership Inc., and the grant of admission may be withdrawn, if payments are not made by the student as per the listed payment schedule.
- Any refund requests will be treated as per the published refund policy. Under exceptional circumstances, subject to approvals from the IPL academic council you may be allowed to opt-out of your loan repayment obligations by paying an administrative fee of 5% of the total program fee. This is applicable only for the accredited programs.