UCLA-NUS Fees and Financing

Make Your Professional and Personal Goals a Reality

 
Pursuing an MBA is an investment in yourself, and we understand it is a significant financial commitment. We want to equip you with valuable resources on the many ways you can fund your Executive MBA.

Student Charges and Fees

 
Payment TO NUS (SGD) TO UCLA (USD)
Acceptance Fee Deposit S$16,077.50
Remaining Balance across segments S$83,338.76 USD$70,000
Total Fees Payable* S$99,416.26 USD$70,000

Total Fee including deposit and Singapore Goods and Services Tax (GST) is approximately USD$145,000  

*Fees include Singapore Goods & Services Tax (GST). The universities reserve the right to revise the fee as appropriate.  

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

 
Federal & Private Loan Options
 
The most common form of financial assistance students utilize is federal and private loans. Please note that these loan options can only be used to cover UCLA fees.

Federal Direct Unsubsidized Student Loan

  • Must Be a US citizen or Permanent Resident
  • 7.05% fixed interest rate for 2023-24; 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
  • 8.05% fixed interest rate for 2023-24; 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

UC Code of Conduct for Preferred Lender Arrangement

All international private student loans are made by the specific lending institutions and not the university.

The following private lender is available for international students without U.S. co-signers. May borrow up to $100,000. Please contact the lender to learn more about their eligibility requirements.

MPOWER Financing

The following private lender is also available for international students but may require a U.S. co-signer. May borrow up to the Cost of Attendance budget. Please contact the lender to learn more about their eligibility requirements. 

SoFi

The following private lender is only available for borrowers from Canada, India, Mexico and South Korea. U.S. co-signer may be required. May borrow up to $100,000. Please contact the lender to learn more about their eligibility requirements.

Earnest

All UCLA Anderson 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. You may receive fellowships and/or loans up to the amount of your expected budget for the academic year.

Estimated Student Budget for the 2023–2024 Academic Year1
University Fees2 50,625
Food and Housing 24,850
Transportation  20,000
Personal  2,780
Loan Fees  1,949
Total Estimated Budget for the Academic Year 100,204 

1Budget listed is for one academic year.

2Students pay program charges each quarter that covers all class enrollments. Program charges listed are above are estimates for the 2023-24 academic year and are subject to change.

  • 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 Upon admission – June
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 June–July
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 June–July
Debt Management/Entrance Interview Session All first-time federal loan borrowers are required to complete a Debt Management/Entrance Interview Session. Federal Student Aid June–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.  Bruin Direct June–July

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 Beaumont-Field
Associate Director of Financial Aid
connie.beaumont-field@anderson.ucla.edu

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.