Financial Aid
When being considered for financial aid, all UCLA Anderson students are assigned a budget for the cost of education, including student charges, living expenses, books and supplies, and more. Please note that the first-year budget includes a computer allowance. You may receive fellowships and/or loans up to the amount of your expected budget for the academic year.
| Estimated Student Budget for the 2024–2025 Academic Year* | |
|---|---|
| Estimated Student Charges* | $56,387 |
| UC Student Health Insurance Plan | $5,571 |
| Food/Housing | $24,850 |
| Books/Course Materials/Supplies | $1,730 |
| Transportation | $3,300 |
| Personal | $2,780 |
| Loan Fees | $1,949 |
| Total Estimated Student Budget | $96,567 |
* Budget listed is for one academic year.
** The student charges posted to the student billing statements are estimates based on existing amounts and may not be final. Accordingly, final approved student charges (and thus a student’s final balance due) may differ from the amounts shown.
Fellowships
Merit/Need Fellowships
MSBA Fellowships are awarded to new admits based on the strength of both their fellowship and admission applications, as well as need. Admitted MSBA students are automatically considered for nomination of fellowship; no application is required. Awards are limited and are made by the UCLA Anderson Fellowship Committee. Fellowship availability, eligibility, and awards are subject to change without notice.
Outside Fellowships and Scholarships
Many private organizations offer scholarships and fellowships to graduate students in all fields. There are a number of resources to help students search for scholarships:
UCLA GRADUATE DIVISION – Graduate & Postdoctoral Extramural Support (GRAPES) Database
Federal Unsubsidized Loan
UCLA participates in the Direct Loan Program, in which all federal loans will only be lent by the federal government (Department of Education).
- Must be a U.S. Citizen or Permanent Resident
- Interest rate is 7.05% for 2023-24
- 1.057% origination fee (will change every October)
- 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
- Annual interest rate may vary based on 10-year Treasury notes
Federal Graduate PLUS Loan
UCLA participates in the Direct Loan Program, in which all federal loans will only be lent by the federal government (Department of Education).
Limit: Up to the Cost of Attendance (minus financial aid)
- Interest rate is 8.05% for 2023-24
- 4.228% origination fee (will change every Oct.)
- 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
- Annual interest rate may vary based on 10-year Treasury notes
Private Loans
In addition to federal loans, students may also finance their education with private education loans, which are provided to the following groups:
U.S. CITIZENS AND PERMANENT RESIDENTS
Please refer to the links below:
- List of private lenders used by Anderson students
- Private loan guide
- Preferred private lenders
- UC Code Of Conduct For Preferred Lender Arrangements
AVAILABLE TO INTERNATIONAL STUDENTS
The following private lenders are available to international students without a U.S. co-signer.
- Learn More About Prodigy Finance
- Learn More About MPower Financing
- Learn More About Earnest (Borrowers from Canada, India, Mexico and South Korea only)