Financing Requirements
These are the steps required to access student loans to finance your MBA. Loans are available to domestic and international applicants.
Type | Requirements | Timeline |
---|---|---|
FAFSA |
UCLA's Title IV School Code is 001315. Parental information is not required for graduate students. |
Jan - Sept |
Electronic Financial Aid Notification (e-FAN) | Beginning in the 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 Aid |
Jul – Aug |
Debt Management / Entrance Interview Session | All first-time federal loan borrowers are required to complete a Debt Management / Entrance Interview Session. This session is a federal requirement and failure to complete this requirement will cause a delay in your federal loan disbursement. Federal Student Aid |
Jul – Aug |
Private Loans | Two separate loan applications are required: one for Summer and another one for Fall/Winter/Spring List of private lenders |
Jul – Aug |
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. Sign up is available on BruinBill via MyUCLA |
Jul – Aug |
Type | Requirements | Timeline |
---|---|---|
Loan Application |
If needed, apply for only one private education loan. Discover® and Prodigy borrowers will need to submit a separate application if they want to borrow for Anderson Onboarding. Quorum borrowers will need to submit a separate draw request if they want to borrow for Anderson Onboarding. Please be advised, to be eligible for the Discover® Custom Graduate Loan, you must be residing in the United States during your program studies. Aggregate loan limits apply. |
May-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. Sign up is available on BruinBill via MyUCLA. |
Jul – Aug |