Every student’s financial aid package is different, but packages may include a combination of scholarship awards, savings, and student loans. When determining your scholarship award, we assume you will take out a loan. Last year, the average student graduated with loans of approximately $90,000.

All students receive detailed information about applying for loans once they are admitted to HBS.

If this is your first time taking out a student loan, or you would like to better understand your loan options, please take time to review the following.