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Student Charges and Fees
 
Payment TO NUS (SGD) TO UCLA (USD)
Acceptance Fee Deposit S$15,782.50
Remaining Balance across segments S$83,139.38 USD$67,500
Total Fees Payable* S$98,921.88 USD$67,500

Total Fee including deposit and Singapore Goods and Services Tax (GST) is approximately USD$140,000 

*Program Fees are subject to change on an annual basis.  

Items Covered by the Program Fees

UCLA-NUS fees cover registration, student charges, books, and some meals. All program fees are subject to change each year. The academic fee is mandatory for each student, and no category or component is optional, regardless of the student's participation. 

Additional Expenses

Students are responsible for all fees and/or fines assessed by the Universities or the program (The following expenses that are not included in the program fee):

  1. Students are responsible for obtaining a laptop that meets Anderson’s required specifications.
  2. Students are responsible for purchasing UCLA and NUS campus parking permits.
  3. The UCLA-NUS program offers optional programs or courses (e.g., international studies and exchange opportunities) that will require students to incur additional expenses. These fees are non-reimbursable.
  4. UCLA-NUS students are responsible for airfare and all travel costs incurred in conjunction with attending classes and travel expenses outside the budget for the master's thesis project. Some travel and other expenses related to the master's thesis project may be reimbursable, but there may be additional costs for completing this required component of the program.
  5. Students are responsible for all course materials beyond the program unit requirement.

UCLA Anderson makes every effort to disclose UCLA-NUS EMBA program financial information for prospective students fully. Because the program offers new educational opportunities on a quarterly and annual basis, we cannot provide a complete list of costs/expenses not covered by the registration fees. 

Financing Your MBA
 
There are numerous ways to financially support your next phase of development. You can take advantage of various financing opportunities through loans, fellowships, tax benefits, and company sponsorship.
 
Watch: How to Finance Your UCLA-NUS Executive MBA
 
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Federal & Private Loan Options
 
The most common form of financial assistance students utilize is federal and private loans. In fact 40-50% of your classmates will use loans to fund their Executive MBA.

Federal Direct Unsubsidized Student Loan

  • Must Be a US citizen or Permanent Resident
  • 6.54% fixed interest rate for 2022-23; 1.057% origination fee
  • The 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
  • Credit check is not required
  • No prepayment penalty 

Learn More

Federal Direct Graduate PLUS Loan

  • Must be a US citizen or Permanent Resident
  • 7.54% fixed interest rate for 2022-23; 4.228% origination fee
  • Requires a credit check
  • Students can borrow up to the cost of education minus other financial aid
  • 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
  • Credit check required
  • No prepayment penalty 

Learn More

Private loans are available for U.S. Citizens, Permanent Residents, and International Students with a U.S. co-signer.

Private Lenders

View a list of private lenders previously used by Anderson students

Private Lenders

Private Loan Guide

Obtain more information about private loans

Private Loan Guide

View a list of lenders that are set up in our database.

Preferred Private Lender List

The following private lenders are available for international students without U.S. co-signers. Please be advised that international students may only borrow up to mandatory charges and health insurance.  This loan limit does not apply to Prodigy Finance.

All international private student loans below are made by the specific lending institutions 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
  • No co-signer. A co-signer is not needed for this loan

Discover Custom Graduate Loan

Quorum

  • Zero fees
  • No co-signer required
  • 20 or 25 year repayment period
  • Apply once for your entire degree with a line of credit structure

Quorum

  • Federal direct loans are available to most student regardless of income. Other qualification criteria do apply; for additional information, please visit http://studentaid.gov/eligibility.  Federal loans offer flexible repayment options and loan forgiveness options.
  • Private student loan lenders can offer variable interest rates that can increase or decrease over time, depending on market conditions.
  • The interest rate on a private loan may depend on the borrower’s and/or co-signer's credit rating.
  • Private student loans have a range of interest rates and fees and students should determine the interest rate and any fees associated with the private student loan before accepting the loan. Students should contact the lender of the private loan or the Financial Aid Office if they have questions about a private student loan.

Note: If you are considering a loan to finance your MBA, please keep in mind the Cost of Attendance. The program fees for 2022-2023 are TBD. For reference, the program fees for 2021-2022 are $85,676. Items covered by the program fees include registration, student charges, books, software supplies, meals, and housing for on/off-campus residential. The estimated 2021-2022 student budget includes the following expenses with the corresponding maximum loan credit: Room/board: $21,600, Computer: $1,137, Travel: $5,868, Personal: $4,680, and Loan Fees: $2,818. The total cost of attendance is $121,779.

Steps to Qualify for Federal Loans
 
Type Requirements Link Timeline
FAFSA UCLA’s Title IV School Code is 001315. Parental information is not required for graduate students. FAFSA Jan–Sep
Electronic Financial Aid Notification (e-FAN) Beginning in August of each year, the UCLA Central Financial Aid Office begins sending out electronic Financial Aid Notifications (e-FANs) that reflect your actual award. On this form, you are required to accept or decline awards offered. Financial Aid and Scholarships Aug–Sep
Master Promissory Note (MPN) All first-time federal loan borrowers are required to sign a Master Promissory Note (MPN) for each loan. Federal Student Aid Aug–Sep
Debt Management/Entrance Interview Session All first-time federal loan borrowers are required to complete a Debt Management/Entrance Interview Session. Federal Student Aid Aug–Sep
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.  Bruin Direct Sep

Have Loan Questions? Reach Out to Connie!
 

As the Associate Director of Financial Aid, Connie's primary responsibilities are supporting the administration and disseminating information regarding federal and private student loan programs to the MBA students and MBA prospects.

Connie can help you out with your best loan options for financing your MBA. Feel free to reach out for any loan-specific inquires. Note: For questions related to fellowships, fee contracts, or tuition payments, please contact the
UCLA-NUS admissions office directly.

Connie Kwan
Associate Director of Financial Aid
connie.kwan@anderson.ucla.edu

Company Sponsorship
 
When considering how to finance your MBA, don’t overlook the possibility of your employer covering some, if not all, of the costs. Securing company sponsorship may feel intimidating, but with ample preparation and a well-thought-out plan, you may be pleasantly surprised by your company’s response. There are many reasons why a company might want to finance your MBA. You know your company best; it is up to you to convince them why financing your degree is worth their investment.

Step 1: Do Your Homework & Start Early

Step 2: Craft Your Proposal

Advice from UCLA Anderson UCLA-NUS Students

"I was asked to take on a new position, where the educational training was relevant. If a company is putting you on a career path where the degree is helpful, I think positioning this as a way for you to be more effective in the position they want you to fill is powerful because it makes it about their plans for you and not your own plans for yourself. I made a proactive case about how the education would save the company money. Before starting, I supported our external consultants in developing our company strategy, and we spent millions every year on consulting companies. Now we spend $0, and I have taken on some of their prior responsibilities, so it actually worked. Showing a return on investment is always helpful. Lastly, giving the company a say in what electives you will take shows good faith, makes them part of the process, and also would reduce any concern that the degree is a way to get some different job somewhere else."

UCLA-NUS Student

“Don’t assume your company will say no. I had no history of this being done at my company, but I still moved forward with the request. My direct boss was 100% supportive – this is critical. I had to write a business proposal, and I focused on specific projects that I could take on and how the MBA would enhance/supplement my skills. I talked about cascading some of the knowledge to the team and implementing the learnings from the MBA. This wasn’t much about the technical skills, but continuing to grow as a leader (soft skills) and ensuring that my team was growing along. The MBA benefit wasn’t just for me. I was going to make sure there was some benefit for the team, which there has been."

UCLA-NUS Student

“My company was going through an acquisition and change of leadership; the new leadership wanted me to stay with the company because I had over 10 years of experience working with the product. I was planning to get my MBA and leveraged this contract negotiation to ask my company to sponsor the degree financially. Since this wasn’t something the company had ever done before, I proactively paid a small fee to a CPA who helped me understand the best way to structure the deal and presented that information to senior leadership. The company decided to pay me a bonus that covered the cost of the program, plus the taxes. In return, I did sign a retention commitment with the company. In summary, if you know you bring unique value to your company, then definitely ask for sponsorship of your MBA and express your commitment to the company moving forward.”

UCLA-NUS Student

“I was part of a re-acquisition and company pivot. I was asked to lead a company that would be trying to shed its previous business model, and I (vaguely) understood how intense the process would be and that I needed more, new, and better skills to have a shot at success. I made attending UCLA’s Executive MBA program a requirement for accepting the role. I treated my education as a direct benefit to the company, and my advice to applicants negotiating a similar arrangement is to do the same. Two months from graduation, I can honestly say that the company has gotten more than its money’s worth already.”

UCLA-NUS Student

You may also reference our corporate brochure below: Grow and Retain Your Talent

“I work at a fortune 500 company that has an educational reimbursement policy, but I was seeking additional sponsorship and I was successful in securing nearly 100% sponsorship for the program. My advice is to start the conversation early, connect it to your company’s business goals and go directly to your management/business unit head, they likely have a discretionary budget they can use in this situation. Also, make it clear the skills you will gain from the program and how that will positively impact the company and your ability to lead and drive revenue.”

EMBA Student
GM and Sr. Director Product Marketing at Fortune 500 company

GI Bill
 

The Post 9/11 GIL Bill, is partially accepted for the UCLA-NUS program. The first step toward using your GI bill benefits is to apply for them through the VA online or in person at a regional VA office. Submit all paperwork directly to the UCLA Veteran's Office, and to the National University of Singapore for processing. 

Potential Tax Benefits for Financing Your Executive MBA
 
Watch Associate Dean and Adjunct Professor of Accounting Gonzalo Freixes discuss how tax benefits can help pay for your MBA.