Executive MBA Financing Overview

Make Your Professional and Personal Goals a Reality

 
Pursuing an MBA is an investment in yourself, and we understand it is a significant financial commitment. We want to equip you with valuable resources on the many ways you can fund your Executive MBA.

Student Charges and Fees

 
Payment Amount
Non-Refundable Application Fee: $200
Non-Refundable Admission Enrollment Deposit:
(Counts towards the first installment in year 1)
$2,500
EMBA Program Fees for Year One (2023-2024)  $91,776*
EMBA Program Fees for Year Two (2024-2025)  TBD*

*Program Fees are subject to change on an annual basis.  

The total EMBA program cost for the Class of 2025 is projected to be $183,552. Student charges are paid over quarterly installments based on the following schedule.

Installment Payment Plan

  • Year One Installment: August, December, March, and June
  • Year Two Installment: September, December, and March

Items Covered by the Program Fees

Executive MBA students pay a set inclusive program fee, including tuition for courses, mandatory fees, and academic costs (books, technology, meals, accommodations during residence, and housing for on/off-campus residential). The Executive MBA program academic fee is mandatory for each student, and no category or component is optional, regardless of the student's participation. Partners and family members may accompany participants on the International Seminar and International Travel Study programs at their own expense. 

Note: All university and Executive MBA program policies and fees are subject to change each year, and student charges and education fees are subject to change at any time.

Additional Expenses

Students are responsible for all fees and/or fines assessed by the University or the Executive MBA program (The following expenses that are not included in the Executive MBA program fee):

  1. Students are responsible for obtaining a laptop that meets Anderson’s required specifications.
  2. Students are responsible for purchasing UCLA campus parking permits (UCLA Anderson staff will facilitate the parking permit purchase).
  3. The EMBA program offers optional programs or courses (e.g., international studies and exchange opportunities) that will require students to incur additional expenses. These fees are non-reimbursable.
  4. Executive MBA students are responsible for airfare and all travel costs incurred in conjunction with attending classes at UCLA Anderson (lodging is provided only for residential class weekends), participating in the required International Seminar, and travel expenses outside the budget for the Strategic Management Research (SMR) project. Some travel and other expenses related to the SMR project may be reimbursable, but there may be additional costs for completing this required component of the program.
  5. Students are responsible for all course materials beyond the 68-unit program requirement.

UCLA Anderson makes every effort to disclose Executive MBA program financial information for prospective students fully. Because the program offers new educational opportunities on a quarterly and annual basis, we cannot provide a complete list of costs/expenses not covered by the registration fees. Explore our loan options to cover expenses beyond academic fees. 

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Watch: How to Finance Your UCLA Executive MBA

 

Federal & Private Loan Options

 
The most common form of financial assistance students utilize is federal and private loans. In fact, over 50% of your classmates will use loans to fund their Executive 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 

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

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 Lenders

Private Loan Guide

Obtain more information about private loans

Private Loan Guide

View a list of lenders that are set up in our database.

Preferred Private Lender List

uc code of conduct for preferred lender arrangement

The following private lenders are available for international students without U.S. co-signers

All international private student loans below are made by the specific lending institutions and not the University.

Earnest

  • No co-signer required
  • May borrow up to $100,000 but may not exceed the cost of attendance
  • Borrowers from Canada, India, Mexico, and South Korea only

Earnest

So-Fi

  • Two separate applications are required: one for Summer and another one for Fall/Winter/Spring
  • No co-signer required
  • May borrow up to the cost of attendance
  • Borrowers must have a Social Security Number or International Tax Identification Number

So-Fi Private Student Loans

  • 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.

Steps to Qualify for Federal Loans

 
Type Requirements Link Timeline
FAFSA UCLA’s Title IV School Code is 001315. Parental information is not required for graduate students. FAFSA Jan–Jul
Electronic Financial Aid Notification (e-FAN) Beginning in July 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. Financial Aid and Scholarships July
Master Promissory Note (MPN) All first-time federal loan borrowers are required to sign a Master Promissory Note (MPN) for each loan. Federal Student Aid July
Debt Management/Entrance Interview Session All first-time federal loan borrowers are required to complete a Debt Management/Entrance Interview Session. Federal Student Aid July
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.  Bruin Direct July

Have Loan Questions? Reach Out to Eunice!

 

As the Associate Director of Financial Aid, Eunice's primary responsibilities are supporting the administration and disseminating information regarding federal and private student loan programs to the MBA students and MBA prospects.

Eunice can help you out with your best loan options for financing your MBA. Feel free to reach out for any loan-specific inquires. Note: For questions related to fellowships, fee contracts, or tuition payments, please contact the EMBA admissions office directly.

Eunice Cho
Associate Director of Financial Aid
eunice.cho@anderson.ucla.edu

Fellowships

 
All UCLA Anderson Executive MBA program applicants are automatically considered and evaluated for a fellowship; there is no separate application 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.

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.

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.  

As a fellowship recipient, you can also take advantage of the opportunity to be named a Forté Fellow. Please note: this is a naming recognition, not an additional fellowship. The purpose of this opportunity is to recognize those who are committed to the advancement of women in business careers. UCLA Anderson has partnered with the Forté organization to help pave the way to success and inclusion for future generations of women worldwide. If awarded a UCLA Anderson Executive MBA Dean's Fellowship, you will have the opportunity to please submit a brief statement detailing your past efforts that relate to the mission and vision of either (or both) organizations and how you will make your impact here at UCLA Anderson while a member of our community. 

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.

You may also reference our corporate brochure below: Grow and Retain Your Talent

“I work at a fortune 500 company that has an educational reimbursement policy, but I was seeking additional sponsorship and I was successful in securing nearly 100% sponsorship for the program. My advice is to start the conversation early, connect it to your company’s business goals and go directly to your management/business unit head, they likely have a discretionary budget they can use in this situation. Also, make it clear the skills you will gain from the program and how that will positively impact the company and your ability to lead and drive revenue.”

EMBA Student
GM and Sr. Director Product Marketing at Fortune 500 company

GI Bill

 
The Post 9/11GI Bill®, also known as the Post-9/11 Veterans Educational Assistance Act of 2008, made changes to the GI Bill's previous version, 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. You must send all document submissions and inquiries to UCLA Certifying Official at vabenefit@saonet.ucla.edu.

Potential Tax Benefits for Financing Your Executive MBA

 
Watch Associate Dean and Adjunct Professor of Accounting Gonzalo Freixes discuss how tax benefits can help pay for your MBA.

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