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Financing Opportunities

 

Financing Opportunities

 

Most UCLA Anderson students rely on some combination of fellowships and/or loans to fund their educational expenses. Entering students are automatically considered for merit and donor fellowships prior to admission. In addition to fellowships and loans, second-year students are also eligible to apply to become graduate teaching assistants (TAs) or research assistants (RAs). Additional financing options are available through the UCLA Graduate Division.

Merit Fellowships

Timeline: Upon Admission
Fellowship decisions are made based on the strength of admit’s admission application at the time of admission and are final. Awards are for a two-year period and are made by the UCLA Anderson Fellowship Committee.

Donor Fellowships

Timeline: 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

Timeline: 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

Timeline: Varies
Private agencies and organizations offer a variety of scholarships to MBA students. External Fellowships

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Consortium Fellowships

Timeline: 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.

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Nozawa Fellowship

Timeline: 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.

Forté Fellowships

Timeline: Upon Admission
UCLA Anderson is a proud sponsor of Forté and awards Forté Fellowships to outstanding female students who are committed to advancing and enhancing our next generation of female business leaders. Fellowships are for a two-year period and are awarded by the UCLA Anderson Fellowship Committee.

ROMBA Fellowships

Timeline: Upon Admission
As a member school of Reaching Out MBA (ROMBA), UCLA Anderson awards ROMBA Fellowships to LGBTQ and active ally business leaders of tomorrow. These are awarded to LGBTQ students and allies who have demonstrated leadership in the LGBTQ community and will continue to champion the advancement of LGBTQ individuals in business. Fellowships are for a two-year period and are awarded by the UCLA Anderson Fellowship Committee.

Federal Direct Unsubsidized Student Loan

  • Must Be a US citizen or Permanent Resident
  • 4.30% fixed interest rate for 2020-21; 1.059% 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 


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Federal Direct Graduate PLUS Loan

    • 5.30% fixed interest rate for 2020-21; 4.236% 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 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

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

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

Please be advised that Discover cannot disburse your loan if you are not physically in the U.S. when the Fall 2020 term starts.

Discover Custom Graduate Loan

  • No fees
  • No cosigner required
  • 20 year repayment period
  • Cash Rewards to Good Grades

Discover Custom Graduate Loan

Prodigy Finance

  • No cosigner required
  • May borrow up to 80% of cost of attendance (as approved by the university)

Prodigy Finance

Quorum

  • No fees
  • No cosigner required
  • 20 or 25 year repayment period
  • Apply once for your entire degree with a line of credit structure

Quorum

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 submission and inquiries must be sent to our VA Coordinator, Ryan Redding at vabenefit@registrar.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.

General  |   Diversity  |   Women  |   Industry  |   International

General

Funding Source Type Description/Eligibility
American Institute of Polish Culture, Inc. Scholarships Polish Decent
Fulbright Scholar Program Grants Citizens of all countries
The Harry S. Truman Scholarship Foundation Scholarships U.S. citizen or permanent resident
The James and Mary Dawson Scholarship Scholarships Scottish birth or descent
Mustard Seed Foundation Fellowships Christian students
The Paul & Daisy Soros Fellowships for New Americans Fellowships Naturalized citizen, permanent resident, or U.S. citizen whose parents were born outside the U.S.
United Methodist Church Scholarships Full member of The United Methodist Church
The Woodrow Wilson National Fellowship Foundation Fellowships U.S. citizen

Diversity

Funding Source Type Description/Eligibility
Africa-America Institute Fellowships/Grants African Americans
American Indian Graduate Center Fellowships American Indian and Alaska Native
American Institute of CPAs Scholarships Minority Accounting Students
Congressional Hispanic Caucus Institute Scholarships Latino students (U.S. citizen or permanent resident)
The Korean American Scholarship Foundation Scholarships Korean American students
National Black MBA Association Scholarships Minority MBA students
The National Italian American Foundation Scholarships Italian American students
National Society of Hispanic MBAs Scholarships U.S. citizen or permanent resident of Hispanic heritage
Native American Finance Officers Association Scholarships Native American and Alaska Native students
Point Foundation Scholarships Lesbian, gay, bisexual and transgender students
Robert A. Toigo Foundation Fellowships Minority committed to careers in finance

Women

Funding Source Type Description/Eligibility
American Association of University Women (AAUW) Fellowships/Grants Women (Domestic and International
P.E.O. International Peace Scholarship Scholarships Scholarship for International Women

Industry

Funding Source Type Description/Eligibility
Merketing EDGE Scholarships U.S. citizen or permanent resident pursuing a career in marketing
Government Finance Officers Association (GFOA) Scholarships Government Finance
International Council of Shopping Centers Foundation Scholarships ICSC members with preference for a career in retail real estate
Pension Real Estate Association Scholarships Majoring or concentrating in real estate
Switzer Foundation  Fellowships Students whose studies are directed toward improving environmental quality

International

Funding Source Type Description/Eligibility
The American-Scandinavian Foundation Fellowships/Grants Citizens of all Scandinavian Countries
Australia to USA Fellowship Fellowships/Grants Citizens of Australia
Banco de Credito BCP Peru Loans Citizens of Peru
The Belgian American Educational Foundation Fellowships Citizens of Belgium
The Canadian Federation of University Women (CFUW/FCFDU) Fellowships/Grants Citizens of Canada
CONICYT Scholarships Scholarships Citizens of Chile
Eduarda Justo Foundation Scholarships Citizens of Spain
FANTEL Scholarships for Higher Education Scholarships Citizens of El Salvador
Financial Support to Norwegian Students Abroad Grants Citizens of Norway
Fundacion Caja Madrid Fellowships/Grants Citizens of Spain
Brazilian Alumni Chapter
A group of our alumni in Brazil provide fellowships to a number of our Brazilian students every year. These fellowships are managed directly and independently by those alumni through an Endowment that is based in Brasil and are awarded based on merit and need of our admits.
Fellowship/Grants Brazilian Citizens
Fundação Estudar Fellowships/Grants Citizens of Brazil
General Sir John Monash Foundation Scholarships Citizens of Australia
Hungarian-American Enterprise Scholarship Fund Scholarships Citizens of Australia
Inlaks Shivdasani Foundation Scholarships Citizens of India
Instituto de Credito Oficial Scholarships Citizens of Spain
Instituto Ling Scholarships Citizens of Brazil
La Caixa Scholarships Citizens of Spain
Lebanese International Finance Executives Scholarships Citizens of Lebanon
LearnInUSA Vernon Moore Scholarship Scholarships For Chinese Nationals living outside of China
Jorge Paulo Lemann Scholarship and Fellowship Fund Scholarships Citizens of Brazil
Leo S. Rowe Pan American Fund Loans Citizens of all Latin and Caribbean Countries
MBA Strategy Company Ukraine Scholarships Citizens of Ukraine
The Netherland-American Foundation Scholarships Citizens of Netherlands
NOVA and BCG MBA Scholarship Scholarships Citizens of Italy
Sampoerna Foundation MBA in US and Europe Scholarship Scholarships Citizens of Indonesia
Talentia Scholarship Program Scholarships Citizens of Spain
The World Bank Family Network Scholarships International female nationals of a lower or middle income country