Financing Requirements

 

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

Federal Loans

Type Requirements Timeline
FAFSA

UCLA's Title IV School Code is 001315.  Parental infromation is not required for graduae students.

FAFSA

Jan - Sept
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) for each federal loan.

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

Private Loans

Quorum

  • Finance up to $132,100, maximum $64,400 for the first year
  • Variable interest rate of Prime + 3.49% (starting rate currently at 7.99%)
  • No fees required
  • No cosigner required
  • 20 or 25 year payment period
  • Apply once for your entire degree with a line of credit structure

Quorum

Discover

  • Finance up to $64,400 for your first year
  • Variable interest rate of 3-Month LIBOR + 6.49% (starting rate currently at 8.74%)
  • No fees required
  • No cosigner required
  • 20 year repayment period
  • Rewards for Good Grades

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Admissions
110 Westwood Plaza,
Gold Hall, Suite B201
Los Angeles, CA 90095
mba.admissions@anderson.ucla.edu (310) 825-6944
Career Services
110 Westwood Plaza,
Gold Hall, Suite C201
Los Angeles, CA 90095
parker.cmc@anderson.ucla.edu (310) 825-3325
Financing
110 Westwood Plaza,
Gold Hall, Suite B201
Los Angeles, CA 90095
mba.finaid@anderson.ucla.edu (310) 825-0629
Ji Choi
Director, Financial Aid
ji.choi@anderson.ucla.edu (310) 825-2746
Andy Promsiri
Assistant Director, Financial Aid
andy.promsiri@anderson.ucla.edu (310) 825-0629
Connie Kwan
Assistant Director, Financial Aid
connie.kwan@anderson.ucla.edu 310-825-0224
Other UCLA Anderson Programs
Fully Employed MBA program (part-time) fembaadm@anderson.ucla.edu (310) 825-2632
Executive MBA program (part-time) embaadm@anderson.ucla.edu (310) 825-2032
Global Executive MBA for Asia Pacific gemba.asia@anderson.ucla.edu (310) 206.0399
Ph.D. ms.phd.admissions@anderson.ucla.edu (310) 825-2667
Master of Financial Engineering mfe@anderson.ucla.edu (310) 825-3103
Student Affairs
110 Westwood Plaza,
Cornell Hall, Suite D201
Los Angeles, CA 90095
student.affairs@anderson.ucla.edu (310) 825-7819
Testing
Educational Testing Service
School code 0771
(609) 921-9000
Graduate Management Admission Test (GMAT)
Pearson VUE code: 2NZ-2F-24
+1 (800) 717-GMAT (4628)
Test of English as a Foreign Language UCLA/Anderson
TOEFL code: 4837-02
https://www.ets.org/toefl