Financial Aid


There are numerous ways to financially support your next phase of development. In fact, approximately 50 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, Ji Choi, for more information.


Cost of Attendance


If you are considering a loan to finance your MBA, please keep in mind the Cost of Attendance. The program fees for 2021-2022 is TBD. For reference, the program fees for 2020-2021 is $83,996. Items covered by the program fees include registration, student charges, books, software supplies, meals, and housing for on/off-campus residential. The estimated 2020-2021 student budget includes the following expenses with the corresponding maximum loan credit: Room/board: $21,600, Computer: $1,137, Travel: $5,868, Personal: $4,680, and Loan Fees: $3,127. Total cost of attendance is $120,408.




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. Applying prior to Round 3 increases your fellowship opportunity, but all applicants are considered for a fellowship regardless of when they submit their application.


Financing Opportunities


Federal Direct Unsubsidized Student Loan

  • Must Be a US citizen or Permanent Resident
  • 4.30% fixed interest rate for 2020-21; 1.057% origination fee (will change every Oct. 1st)
  • 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 

Learn More

Federal Direct Graduate PLUS Loan

    • 5.30% fixed interest rate for 2020-21; 4.228% origination fee (will change every Oct. 1st)
    • 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 

Learn More

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

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

The following private lenders are available to international students without U.S. cosigners. Please be advised that international students may only borrow up to mandatory student charges and health insurance. This loan limit does not apply to Prodigy Finance.

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

Discover Custom Graduate Loan

  • No fees
  • No cosigner required
  • 20 year repayment term
  • Cash Rewards for Good Grades

Prodigy Finance

  • Up to 80% Cost of Attendance (as approved by the university)
  • No cosigner required


  • No fees
  • No cosigner required
  • 20 or 25 year repayment term

GI Bill® 

The Post 9/11GI 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 submission and inquiries must be sent to our VA Coordinator, Ryan Redding at

Learn How To Apply For GI Bill


Qualifying for Federal Loans


Please follow the steps below 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–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) for each loan. 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. Federal Student Aid 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 Bruin Direct Sep


Have Questions? Reach out to Ji!


As the Director of Financial Aid, Ji's primary responsibilities are to support the administration and to disseminate information regarding fellowships, federal and private student loan programs to the MBA students and MBA prospects.

Ji can help you out with your best options for financing your MBA. Feel free to reach out for any financial aid specific inquires.

Ji Choi
Director of Financial Aid
(310) 825-2746