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Non-Refundable
Application Fee:
$200
Non-Refundable Admission
Enrollment Deposit:
$2,000
MFE Program Fees
$81,216*

*Program charges are subject to change on an annual basis. These reflect the total program charges for the class entering Fall 2021. Fall 2022 fees have not yet been established. Each Spring, the University sets the program charges for the upcoming academic year.

Program Fees for 2021-22
 
Fall 2021* Winter 2022 Spring 2022 Fall 2022 Total
Program Charges $20,304.00 $20,304.00 $20,304.00 $20,304.00 $81,216.00
Health Insurance $1,573.37 $1,573.37 $1,573.37 $1,573.37** $6,293.48
UCLA Student Fees $691.73 $611.73 $611.73 TBD*** $1,915.19
Total $22,569.10 $22,489.10 $22,489.10 $21,877.37 $89,424.67

*Non-refundable $2000 enrollment deposit due after receiving official admissions letter from Graduate Division - Deposit is applied to first quarter student fees
**PLEASE NOTE: Fall 2022 Health Insurance costs subject to change
***PLEASE NOTE: Fall 2022 UCLA Student Fees subject to change
(Chart does not include living expenses or cost of course textbooks and readers, travel during program, laptop computer meeting Anderson’s required specifications, and other incidentals)

Cost of Attendance
 
For Financial Aid purposes, students are assigned a budget for the cost of education, including student charges, living expenses, books and supplies, and more. Typical Housing Costs information is also compiled by UC Office of the President and can give you an idea of housing costs in areas close to UCLA.
Fall, Winter and Spring (2021-22 academic year)
Program Charges $62,586
Room and board $21,600
Books $627
Travel $5,868
Personal $4,680
Health insurance $4,720
Computer (first year only) $1,137
Loan Fees $1,758
Total Eligibility $102,976

You may apply for this approximate amount in financial aid for the 2021-22 academic year (domestic students only).

Fall 2022 (part of 2021-22 academic year)
Program Charges $20,835*
Room and board $7,200
Books $209
Travel $1,956
Personal $1,560
Health insurance $1,573**
Loan Fees $586
Total Eligibility $33,919

You may apply for this approximate amount in financial aid for Fall Quarter 2022 (domestic students only).
*Charges are subject to change on an annual basis. This reflects the total program charges for the class entering Fall 2021. Program fees for the class entering Fall 2022 have not yet been established. Each Spring, the University sets the charges for the upcoming academic year.
**Health insurance cost is subject to change, as it is part of the 2022-23 academic year.

Scholarships and Fellowships
 

Merit-based scholarships of varied amounts are awarded to MFE admits based on the overall strength of the admissions application and its relative strength in the pool of admits. In our holistic review, we consider your academic achievement, work experience and other important factors. All completed applications are considered for scholarship; no additional application is needed. Awards may be made by the UCLA Anderson MFE Admissions Committee at the time of admission or at any point during the admissions cycle.

For additional scholarship resources, please visit the following websites:

In addition to being considered for the merit-based scholarship, California residents are also eligible for a $10,000 fellowship. The California Resident Fellowship is available only to California residents who have been offered admission to the UCLA Anderson MFE program. U.S. citizens and permanent residents who have lived in California for more than one year qualify as California residents. There are questions in the MFE application that will determine whether or not you are eligible. For UC residency criteria, please visit https://www.ucop.edu/residency/residency-requirements.html.

Student Loans
 
As an MFE student, you will be able to apply for student loans to pay for your student charges.

There are two types of loans available to MFE students: federal and private loans.
Please note that the total loan cannot exceed the cost of attendance.

Below are the loan options available for U.S. citizens and Permanent Residents.

Federal Direct Loan (Unsubsidized)

  • Limit of $20,500 a year
  • 5.28% fixed interest rate (2021-22) with 1.057% origination fee (will change in Oct.)
  • Repayment begins after student graduates or drops below half-time enrollment (4 units)
  • Flexible repayment: income based, loan forgiveness

Federal Direct Grad PLUS Loan

  • May borrow up to cost of education minus other forms of financial aid
  • 6.28% fixed interest rate (2021-22) with 4.228% origination fee (will change in Oct.)
  • Requires a credit check
  • Repayment begins six months after graduation or drops below half-time enrollment (4 units)
  • Flexible repayment: income based, loan forgiveness

The FAFSA application is required for federal loans. Please use school code 001315. First-time borrowers will also need to complete a debt management session/entrance counseling and a Master Promissory Note (MPN) for each federal loan.

Many private loans are available to U.S. citizens, permanent residents and international students with a U.S. cosigner. Here's a list of private lenders used by Anderson students. Please refer to the private loan guide to obtain more information. You can also refer to the UCOP's preferred private lender list.

  • Fixed and variable interest rates
  • Eligibility depends on borrower’s credit and income-to-debt ratio (better to apply when still employed)
  • Having a cosigner with a good credit score can lower the interest rate
  • Repayment typically begins six months after student graduates or drops below half-time enrollment (4 units)

There are three lenders available for international students without U.S. cosigners. Please be advised that international students may only borrow up to mandatory program charges and health insurance. All international private student loans are made by the specific lending institution and not the University.

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.

Discover® Custom Graduate Loan

  • Zero fees 

Prodigy Finance

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

Quorum

  • May borrow up to annual program charges and health insurance 
  • Zero fees 
  • Can submit one application for entire program*

*Submit one application for Quorum for the entire program to establish a line of credit. For your second year (Fall 2021), as a returning borrower, you can request to draw down the amount you would like to apply for.

Program Fees 2021-2022
 
Fall 2021* Winter 2022 Spring 2022 Fall 2022 Total
Program Charges $20,304.00 $20,304.00 $20,304.00 $20,304.00 $81,216.00
Health Insurance $1,573.37 $1,573.37 $1,573.37 $1,573.37** $6,293.48
UCLA Student Fees $691.73 $611.73 $611.73 TBD*** $1,915.19
Total $22,569.10 $22,489.10 $22,489.10 $21,877.37 $89,424.67

*Non-refundable $2000 enrollment deposit due after receiving official admissions letter from Graduate Division - Deposit is applied to first quarter student fees
**PLEASE NOTE: Fall 2022 Health Insurance costs subject to change
***PLEASE NOTE: Fall 2022 UCLA Student Fees subject to change
(Chart does not include living expenses or cost of course textbooks and readers, travel during program, laptop computer meeting Anderson’s required specifications, and other incidentals)