Financing

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, and half of students receive fellowships. Below are the options for domestic and foreign students where you can view financing requirements and options. Please don’t hesitate to reach out to our financial aid office for more information.

Consider Your Budget

All UCLA Anderson students are assigned a budget for the cost of education, including student charges, living expenses, books and supplies, etc. You may receive fellowships and/or loans up to your expected budget for the academic year.

Estimated 2014-2015 Student Budget

Budget ItemNon-ResidentResident
Estimated Student Charges 53,148 48,148
UC Student Health Insurance Plan 3,011 3,011
Room/Board 17,719 17,719
Computer Allowance (1st year only) 2,000 2,000
Books/Supplies 1,494 1,494
Travel 2,842 2,842
Personal 2,460 2,460
Loan Fees 1,132 1,132
Total $83,806 $78,806

*The student charges posted to the student billing statements are estimates based on existing amounts. These figures may not be final. Accordingly, final approved student charges (and thus a student's final balance due) may differ from the amounts shown.

**Budget listed is for one academic year.

***Out of state students can petition to become an in-state resident in their second year at UCLA Anderson.

Financing Requirements

TypeRequirementsLinkTimeline
FAFSA UCLA's Title IV School Code is 001315. Parental information not required for graduate students. FAFSA Jan-Sept
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) which reflect your actual award. On this form, you are required to accept or decline awards offered. FAO Aug-Sept
Master Promissory Note (MPN) All first-time federal loan borrowers are required to sign a Master Promissory Note (MPN) Federal Student Loans Aug-Sept
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-Sept
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 Sept
California Residency If you attended high school for at least three years in the state of California then you may qualify for AB 540 status, which waves your non-resident program fees. Nonresident students can apply for residency for the second year in the program (U.S. citizens and permanent residents only). The Residence Deputy requires documentation of your intent and length of residence, including, but not limited to: It is strongly recommended that all non-resident students initiate this process at the start of the fall term. UCLA Registrar's Office Sept

Browse Financing Opportunities

Fellowships
TypeTimelineDescription/EligibilityLink
Merit Fellowships Upon Admission Merit fellowships are awarded to students based on the strength of their admission application. Awards are for a two-year period and are made by the UCLA Anderson Fellowship Committee.
Donor Fellowships Upon Admission Through the generosity of alumni, corporate, foundation, and individual donors, we award fellowships based on selection criteria such as professional development, intended career, community involvement, and/or financial need.
Second-Year Donor Fellowships Varies Students can apply for a limited number of donor fellowships in their second year. Awards are based on first-year grades in the core courses, involvement in the UCLA Anderson community and other criteria set by the donors.
External Fellowships Varies Private agencies and organizations offer a variety of scholarships to MBA students. External Fellowships
Consortium Fellowships April Applicants who are admitted through The Consortium process and become Consortium members are considered for full tuition and fee fellowships based on the strength of their admission application. Awards are for a two-year period and are made by the UCLA Anderson Fellowship Committee. Consortium Fellowships
Nozawa Fellowship Upon Admission George and Kimiko Nozawa Endowment in U.S. Japan Studies provides fellowships to foreign graduate students, with preference given to Japanese students and to support professional research and other academic activities related to management and business in the United States and the Pacific Basin Region.
Federal Loans
TypeDeadlineDescription/EligibilityLink
Federal Direct Unsubsidized Student Loan
  • Must Be a US citizen or Permanent Resident
  • 6.21% fixed interest rate; 1.073% origination fee
  • 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
  • Annual interest rate may vary based on 10-year Treasury notes
Federal Direct Unsubsidized Student Loan
Federal Direct Graduate PLUS Loan
  • 7.21% fixed interest rate; 4.292% origination fee
  • 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
  • Annual interest rate may vary based on 10-year Treasury notes
Federal Direct Graduate PLUS Loan
Private Loans
TypeDeadlineDescription/EligibilityLink
Private Loans for U.S. Citizens and Permanent Residents & International Students with U.S. Co-signer
  • Variable interest rate based on Prime or LIBOR Rate
  • Offered by private lenders
  • Eligibility depends on borrower's credit score
  • Having a co-signer with good credit score could lower the interest rate
  • Repayment typically begins 6 months after student graduates or drops below half-time enrollment
  • Repayment terms range from 15-25 years depending on the lender and loan amount
Private Loans for International Students without a U.S. Co-signer
  • Offered by Eli Lilly Federal Credit Union (ELFCU)
  • Finance up to $100,000 ($50,000 per year)
  • Variable interest rate of Prime Rate +4.0%
  • Ceiling Rate of 18.0%
  • 3% draw fee added to each loan disbursement
  • Flexible repayment options, including full deferment of payments while in school
  • No prepayment penalty Repayment term 20 - 25 years depending on loan balance
Private Loans without a U.S. Co-signer
GI Bill
TypeDeadlineDescription/EligibilityLink
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. GI Bill
Teaching Assistantship
TypeDeadlineDescription/EligibilityLink
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. Teaching Assistants
Outside Funding: General
Name of FundingTypeDescription/EligibilityLink
American Institute of Polish Culture, Inc. Scholarships Polish Decent American Institute of Polish Culture, Inc.
Fulbright Scholar Program Grants Citizens of all countries Fulbright Scholar Program
The Harry S. Truman Scholarship Foundation Scholarships U.S. citizen or permanent resident The Harry S. Truman Scholarship Foundation
The James and Mary Dawson Scholarship Scholarships Scottish birth or descent The James and Mary Dawson Scholarship
John Gyles Education Center Scholarships U.S. or Canadian citizen John Gyles Education Center
Mustard Seed Foundation Fellowships Christian students Mustard Seed Foundation
The Paul & Daisy Soros Fellowship for New Americans Fellowships Naturalized citizen, permanent resident, or U.S. citizen whose parents were born outside the U.S. The Paul & Daisy Soros Fellowships for New Americans
Scholarship Foundation of Santa Barbara Scholarships/Loans U.S. citizen or permanent resident from Santa Barbara Scholarship Foundation of Santa Barbara
United Methodist Church Scholarships Full member of The United Methodist Church United Methodist Church
USA Funds Scholarships U.S. citizen or permanent resident with financial need USA Funds
The Woodrow Wilson National Fellowship Foundation Fellowships U.S. citizen The Woodrow Wilson National Fellowship Foundation
Outside Funding: Diversity
Name of FundingTypeDescription/EligibilityLink
Africa-America Institute Fellowships/Grants African Americans Africa-America Institute
American Indian Graduate Center Fellowships American Indian and Alaska Native American Indian Graduate Center
American Institute of CPAs Scholarships Minority Accounting Students American Institute of CPAs
Congressional Hispanic Caucus Institute Scholarships Latino students (U.S. citizen or permanent resident) Congressional Hispanic Caucus Institute
The Goldman Sachs Fellowships Black, Hispanic, and Native American MBA students interested in financial services The Goldman Sachs
The Korean American Scholarship Foundation Scholarships Korean American students The Korean American Scholarship Foundation
National Black MBA Association Scholarships Minority MBA students National Black MBA Association
The National Italian American Foundation Scholarships Italian American students The National Italian American Foundation
National Society of Hispanic MBAs Scholarships U.S. citizen or permanent resident of Hispanic heritage National Society of Hispanic MBAs
Native American Finance Officers Association Scholarships Native American and Alaska Native students Native American Finance Officers Association
Point Foundation Scholarships Lesbian, gay, bisexual and transgender students Point Foundation
Robert A. Toigo Foundation Fellowships Minority committed to careers in finance Robert A. Toigo Foundation
Outside Funding: Women
Name of FundingTypeDescription/EligibilityLink
American Association of University Women (AAUW) Fellowships/Grants Women (Domestic and International American Association of University Women (AAUW)
P.E.O. International Peace Scholarship Scholarships Scholarship for International Women P.E.O. International Peace Scholarship
Outside Funding: Industry Specific
Name of FundingTypeDescription/EligibilityLink
Association of Management Consulting Firms Scholarships Commitment to management consulting Association of Management Consulting Firms
Direct Works Scholarships U.S. citizen or permanent resident pursuing a career in marketing Direct Works
Government Finance Officers Association (GFOA) Scholarships Government Finance Government Finance Officers Association (GFOA)
International Council of Shopping Centers Foundation Scholarships ICSC members with preference for a career in retail real estate International Council of Shopping Centers Foundation
Pension Real Estate Association Scholarships Majoring or concentrating in real estate Pension Real Estate Association
Switzer Foundation Fellowships Students whose studies are directed toward improving environmental quality Switzer Foundation
Outside Funding: International Students
Name of FundingTypeDescription/EligibilityLink
The American-Scandinavian Foundation Fellowships/Grants Citizens of all Scandinavian Countries The American-Scandinavian Foundation
Australia to USA Fellowship Fellowships/Grants Citizens of Australia Australia to USA Fellowship
Banco de Credito BCP Peru Loans Citizens of Peru Banco de Credito BCP Peru
The Belgian American Educational Foundation Fellowships Citizens of Belgium The Belgian American Educational Foundation
The Canadian Federation of University Women (CFUW/FCFDU) Fellowships/Grants Citizens of Canada The Canadian Federation of University Women (CFUW/FCFDU)
CONICYT Scholarships Scholarships Citizens of Chile CONICYT Scholarships
Eduarda Justo Foundation Scholarships Citizens of Spain Eduarda Justo Foundation
FANTEL Scholarships for Higher Education Scholarships Citizens of El Salvador FANTEL Scholarships for Higher Education
Financial Support to Norwegian Students Abroad Grants Citizens of Norway Financial Support to Norwegian Students Abroad
Fundacion Caja Madrid Fellowships/Grants Citizens of Spain Fundacion Caja Madrid
Fundação Estudar Fellowships/Grants Citizens of Brazil Fundação Estudar
General Sir John Monash Foundation Scholarships Citizens of Australia General Sir John Monash Foundation
Hungarian-American Enterprise Scholarship Fund Scholarships Citizens of Australia Hungarian-American Enterprise Scholarship Fund
Inlaks Shivdasani Foundation Scholarships Citizens of Hungary Inlaks Shivdasani Foundation
Instituto de Credito Oficial Scholarships Citizens of Spain Instituto de Credito Oficial
Instituto Ling Scholarships Citizens of Brazil Instituto Ling
La Caixa Scholarships Citizens of Spain La Caixa
Lebanese International Finance Executives Scholarships Citizens of Lebanon Lebanese International Finance Executives
LearnInUSA Vernon Moore Scholarship Scholarships For Chinese Nationals living outside of China LearnInUSA Vernon Moore Scholarship
Leo S. Rowe Pan American Fund Loans Citizens of all Latin and Caribbean Countries Leo S. Rowe Pan American Fund
MBA Strategy Company Ukraine Scholarships Citizens of Ukraine MBA Strategy Company Ukraine
The Netherland-American Foundation Scholarships Citizens of Netherlands The Netherland-American Foundation
NOVA and BCG MBA Scholarship Scholarships Citizens of Italy NOVA and BCG MBA Scholarship
Sampoerna Foundation MBA in US and Europe Scholarship Scholarships Citizens of Indonesia Sampoerna Foundation MBA in US and Europe Scholarship
Talentia Scholarship Program Scholarships Citizens of Spain Talentia Scholarship Program
The World Bank Family Network Scholarships International female nationals of a lower or middle income country The World Bank Family Network