Financial Aid

 

There are numerous ways to financially support your next phase of development. In fact, approximately 75 percent of your classmates will choose some form of financial assistance. If the detailed information we provide on various options for financial aid doesn’t answer your questions, please reach out to our financial aid advisor, Andy Promisiri, for more information.

 

Financing Overview

 
TypeRequirementsLinkTimeline
FAFSA UCLA’s Title IV School Code is 001315. Parental information is not required for graduate students. FAFSA Jan–Sep
Electronic Financial Aid Notification (e-FAN) Beginning in August of each year, the UCLA Central Financial Aid Office begins sending out electronic Financial Aid Notifications (e-FANs) that reflect your actual award. On this form, you are required to accept or decline awards offered. FAO Aug–Sep
Master Promissory Note (MPN) All first-time federal loan borrowers are required to sign a Master Promissory Note (MPN) Federal Student Loans Aug–Sep
Debt Management/Entrance Interview Session All first-time federal loan borrowers are required to complete a Debt Management/Entrance Interview Session that can be accessed at www.loans.ucla.edu. UCLA Loans Aug–Sep
Bruin Direct In order to receive the remainder of your aid once your fees have been paid, we recommend that you sign up for Bruin Direct, a service whereby the university deposits any refund directly into your checking account. You can sign up for Bruin Direct at www.sfs.finance.ucla.edu. Bruin Direct Sep
 

Financing Opportunities

 

Federal Direct Unsubsidized Student Loan

  • Must Be a US citizen or Permanent Resident
  • 6.6% fixed interest rate for 2018-19; 1.066% origination fee (will change every Oct.)
  • Annual loan limit $20,500
  • Repayment begins six months after the student graduates or drops below half-time enrollment (4 units) 
  • The standard repayment term is 10 years
  • Flexible repayment options such as income based repayment
  • Loan forgiveness program
  • No prepayment penalty 


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Federal Direct Graduate PLUS Loan

    • 7.6% fixed interest rate for 2018-19; 4.264% origination fee (will change every Oct.)
    • Requires a credit check
    • Students can borrow up to the cost of education minus other financial aid
    • Repayment begins 60 days after the final disbursement; Borrower can request a deferment until six months after graduation
    • The standard repayment term is 10 years.
    • Flexible repayment options such as income based repayment
    • Loan forgiveness program
    • No prepayment penalty 

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Private loans are available for U.S. Citizens, Permanent Residents and International Students with or without a U.S. Co-signer.

Private Loan Guide
Preferred Private Lender List
Publications

Private Loans for International Students without U.S. Co-Signer

  • Offered by Quorum
  • Finance up to $81,120 for your first year (maximum of $165,500)
  • Variable interest rate starting at 7.99% (Prime + 3.49%)
  • No required fees
  • No cosigner required
  • 20 to 25 year repayment term
  • Offered by Discover Student Loans
  • Finance up to $81,120 for your first year
  • Variable interest rate starting at 8.74% (3-Month LIBOR + 6.49%)
  • No required fees
  • No cosigner required
  • 20 year repayment term
  • Rewards for good grades

Post-9/11 GI Bill® Yellow Ribbon Program

UCLA Anderson participates in the Yellow Ribbon Program for out-of-state students. To be considered, please contact the UCLA Anderson Financial Aid Office.

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