Financing Requirements

 

These are the steps required to access student loans to finance your MBA. Loans are available to domestic and international applicants.

FAFSAUCLA's Title IV School Code is 001315.  Parental information not required for graduate students.

FAFSAJan – Sept

TypeRequirementsTimeline
Electronic Financial Aid Notification (e-FAN) Beginning in early summer 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. All financial aid packages are awarded for the nine-month annual budget regardless of your expected contribution. You may borrow the expected contribution in a Graduate PLUS or private loan. 

Financial Aid and Scholarships
Jul – Aug
Master Promissory Note (MPN) All first-time federal loan borrowers are required to sign a Master Promissory Note (MPN)

Federal Student Loans 
Jul – Aug
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. This session is a federal requirement. Failure to complete this requirement will cause a delay in your federal loan disbursement. 

UCLA Loans
Jul – Aug
Bruin Direct Sign up is available on BruinBill via MyUCLA

Bruin Direct
Jul – Aug

Loan Application

If needed, apply for only one private education loan.  

For Discover Student Loans, please submit 2 separate loan applications: one for Anderson Onboarding (summer) and one for academic year (fall, winter, and spring quarters). The maximum amount students may borrow for summer is $9,988.49 (estimated) and the academic year is $52,918.15 (estimated).  The loan period for summer is June 26, 2017 to September 8, 2017 and academic year is September 28, 2017 to June 15, 2018.

Quorum
Discover Student Loans
Elements Financial

May – Aug

TypeRequirementsTimeline
Bruin Direct Sign up is available on BruinBill via MyUCLA.

Bruin Direct
Jul – Aug