Financing Opportunities

Federal Direct Unsubsidized Loan

• Must Be a US citizen or Permanent Resident
• 7.05% fixed interest rate for 2023-24; 1.057% origination fee
• The 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
• Credit check is not required
• No prepayment penalty 

Learn More

Federal Direct Graduate PLUS Loan

• Must be a US citizen or Permanent Resident
• 8.05% fixed interest rate for 2023-24; 4.228% origination fee
• Requires a credit check
• Students can borrow up to the cost of education minus other financial aid
• 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
• Credit check required
• No prepayment penalty 

Learn More

GI Bill® 

The Post 9/11 GI Bill, also known as the Post-9/11 Veterans Educational Assistance Act of 2008 made changes to the previous version of the GI Bill which provided educational benefits to active duty military members and veterans.

The first step toward using your GI Bill benefits is to apply for them through the VA online or in person at a regional VA office.

Submit all paperwork directly to the UCLA Veteran’s Office for processing.  All document submissions and inquiries must be sent to UCLA Certifying Official at vabenefit@saonet.ucla.edu.  

Teaching Assistants

Approximately 16% of full-time second-year students serve as TAs or RAs in the MBA program every year. These positions are chosen by our faculty so we encourage you to do well in your classes and to get to know your professors.