Financing Your MBA
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
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
Private loans are available for U.S. Citizens, Permanent Residents, and International Students with a U.S. co-signer.
Private Lenders
View a list of private lenders previously used by Anderson students
Private Loan Guide
Obtain more information about private loans
View a list of lenders that are set up in our database.
The following private lenders are available for international students without U.S. co-signers. Please be advised that international students may only borrow up to mandatory charges and health insurance. This loan limit does not apply to Prodigy Finance.
All international private student loans below are made by the specific lending institutions and not the University.
Please be advised, to be eligible for the Discover® Custom Graduate Loan, you must be residing in the United States during your program studies. Aggregate loan limits apply.
Discover® Custom Graduate Loan
- Two separate applications are required: one for Summer and another one for Fall/Winter/Spring
- Zero fees
- No co-signer. Co-signers are not permitted for this loan
- Two separate applications are required: one for Summer and another one for Fall/Winter/Spring
- No co-signer required
- May borrow up to 80% of the cost of attendance (as approved by the university)
- Zero fees
- No co-signer required
- 20 or 25 year repayment period
- Apply once for your entire degree with a line of credit structure
- Federal direct loans are available to most student regardless of income. Other qualification criteria do apply; for additional information, please visit http://studentaid.gov/eligibility. Federal loans offer flexible repayment options and loan forgiveness options.
- Private student loan lenders can offer variable interest rates that can increase or decrease over time, depending on market conditions.
- The interest rate on a private loan may depend on the borrower’s and/or co-signer's credit rating.
- Private student loans have a range of interest rates and fees and students should determine the interest rate and any fees associated with the private student loan before accepting the loan. Students should contact the lender of the private loan or the Financial Aid Office if they have questions about a private student loan.
Note: If you are considering a loan to finance your MBA, please keep in mind the Cost of Attendance. The program fees for 2023-2024 (fall/winter/spring/summer) are $91,776. Items covered by the program fees include registration, student charges, books, software supplies, meals, and housing for on/off-campus residential. The 2023-2024 student budget includes the following expenses with the corresponding maximum loan credit: Food/Housing: $31,753, Transportation: $4,217, Personal: $3,552, and Loan Fees: $2,490. The total cost of attendance is $133,788. |
Have Loan Questions? Contact Eunice!

"Congratulations on your admission to the UCLA Anderson Executive MBA program! Now that you are admitted, please read the comprehensive financial aid guide below and email me to set up a time to connect. I am happy to help answer any specific financial aid questions based on your financial needs and offer guidance in funding your MBA."
- Eunice Cho
Associate Director of Financial Aid
Fellowships
The UCLA Anderson EMBA Dean’s Fellowship is awarded to new admits on their admission application's strength. All UCLA Anderson Executive MBA program applicants are automatically considered and evaluated for a fellowship; no separate application is required. We conduct a holistic review of all applicants and notify fellowship recipients at the time of admission. We offer limited fellowships to approximately 10% of our incoming students. Applying before Round 3 increases your fellowship opportunity, but all applicants are considered for a fellowship regardless of when the application is submitted. Fellowship recipients will be notified of their award at the same time admission offers are released. Fellowship availability, eligibility, and awards are subject to change without notice.
If you have NEW information regarding your candidacy (not included in your application) and you want to be reconsidered for a fellowship you can submit a Fellowship Appeal Form and your appeal will be evaluated by the UCLA Admission and Faculty Committees. Your fellowship appeal must be received before your decision date published on your admission offer. We'll reach out to you with a decision and update your appeal status within 3-4 weeks of submitting the form.
UCLA staff and faculty who enroll in the Executive MBA program may be eligible for the UCLA Staff Fellowship. The total fellowship award amount is $20,000. Please contact EMBA Admissions for further eligibility requirements and more information. Fellowship recipients will be notified of their award at the same time admission offers are released. Fellowship availability, eligibility, and awards are subject to change without notice.
Private agencies and organizations offer a variety of scholarships to MBA students. For external scholarships, please refer to the links below. UCLA Anderson has no direct affiliation with these resources, but we would like to make the latest information available to our students. Please confirm all information, especially dates and restrictions, with organizations directly.
- UCLA GRADUATE DIVISION – GRADUATE & POSTDOCTORAL EXTRAMURAL SUPPORT (GRAPES) DATABASE
- Fastweb
- American Australian Association - Graduate Education Fund
- LGBTQ Student Scholarship Database
- Fulbright
- Institute of International Education
- Hispanic Scholarship Fund
- Prospanica
- Graduate Education Indigenous Scholarships
- Rising Farmworker Dream Fund
- Patsy Mink Foundation