Financing your MBA represents a significant investment in your future. The Haas Financial Aid Office is committed to helping you craft the best funding plan based on your goals and resources. Our team is available to assist you in coordinating the financing processes, as well as counsel you on the variety of financing options available to help you with your educational costs. We encourage you to schedule a consultation with our Financial Aid team.
Berkeley Haas Financial Aid Office
[email protected]
510-643-0183
Overview
Watch our recent Financial Aid webinar for an introduction to the funding options available for incoming students, including cost of attendance and detailed information regarding Haas scholarships.
» Watch Money Matters: Financial Aid & Billing Basics
Scholarships
The Evening & Weekend program offers MBA scholarships to entering students in the form of both need and merit-based awards. We encourage applicants to apply for scholarships in the round that they applied for admission. However, if you have not applied for one of our scholarships detailed below, you can still apply by the submission date of a later round.
| Round 1 | Round 2 | Round 3* | |
| Scholarship Submission Date | December 11, 2023 | March 11, 2024 | April 22, 2024 |
| Scholarship Decision Release Date | January 26, 2024 | March 28, 2024 | By June 4, 2024 |
*Scholarships will be awarded to Rounds 1, 2, and 3. Candidates in later rounds may apply by the deadline; however, applications may not be considered if funding is unavailable.
Provided by the generosity of Juanita Shapansky. This grant was funded through a bequest from Juanita Shapansky in memory of her son Ronald, who graduated from UC Berkeley’s San Francisco-based Evening & Weekend MBA program in 1986. Recipients will be awarded based on financial need. Net financial need is calculated by the Haas Financial Aid Office using guidelines adapted from the federal government.
- SUPPLEMENTAL PERSONAL STATEMENT: Please explain your plans to fund your MBA and any special circumstances if applicable. Provide details as needed on any resources listed in the application or not captured in the resources section. Limit your response to 250 words.
- SUPPORTING DOCUMENTATION: In addition to the online scholarship application, you may be asked to submit documentation. This documentation will be used to verify self-reported information from the application form.
Our mission at Berkeley Haas is to develop leaders who redefine how we do business. This award is for first-year students only. Award recipients will have demonstrated a proven track record of the following:
- Outstanding academic achievement
- Distinctive professional contribution
- Innovative, initiative-driven leadership impacting their organization
- Alignment with the Berkeley Haas Defining Leadership Principles
The Berkeley Haas-SF Black MBA Association Fellowship (SF Black MBA Fellowship) is granted to students who demonstrate sustained commitment to increasing opportunity and access for racial/ethnic groups that are historically underrepresented in higher education and business (specifically Black/African-American, LatinX, and Native/Indigenous communities). Applicants will need to submit additional information to be considered.
The Berkeley Haas Equity Scholarships are awarded solely to a selected group of SF National Black Fellows who most exemplify the Fellowship selection criteria.
At Berkeley Haas, we aim to assemble a diverse student body to provide the best learning experience for our students. We define diversity in many ways, from racial and ethnic differences to unique industry or job function, geographic location, gender, and more. This award is for first-year students only.
- REQUIRED PERSONAL STATEMENT (250-word maximum): At Haas, we foster an environment of Diversity and Inclusion. Please discuss initiatives you have worked on (please highlight any leadership roles) and/or other ways you have contributed to increasing representation and belonging for people from underrepresented groups in your personal and professional communities.
The Non-Profit and Public Service Scholarship facilitates access to the Berkeley MBA for students whose current employment is in the non-profit or public service sectors.
- REQUIRED PERSONAL STATEMENT (250-word maximum): Please provide a description of your work in the non-profit or public service sector and the impact it has on the community or society as a whole. Please articulate your commitment to this area in the future.
This award for entering students is to mitigate expenses incurred by commuting outside the nine-county Bay Area. Students apply for this award in the second semester of attendance.
In addition to these Evening & Weekend MBA Scholarships, the Haas Financial Aid Office also maintains a list of outside scholarships available to most MBA students.
If you are an International Student, you may find assistance through the Institution of International Education at www.iie.org.
Loan Options
Approximately 50 percent of Evening & Weekend MBA students rely on some form of financial assistance, including loans. The Berkeley Haas Financial Aid Office helps EWMBA students efficiently secure the best federal, institutional, and outside funding to achieve their degrees.
» Watch Financial Aid: Understanding Your Loan Options Webinar
US citizens and Permanent Residents are eligible to apply for federal student loans by submitting a FAFSA online. The two types of loans available are the Federal Direct Unsubsidized Loan and the Federal Graduate PLUS Loan. US citizens and Permanent Resident students can borrow private loans instead or a combination of federal or private loans.
Any student may apply for private loans. Many private lenders offer competitive fixed and variable rates lower than the federal loans interest rates and may also offer zero fees. International students who are able to secure a US cosigner may apply for private loans as well.
International students who cannot secure a US cosigner may explore international loan options that do not require a US cosigner. More information about the various international loan options can be found here.
Veterans Benefits
The Haas School of Business, as part of the public University of California system, is one of the few top ranked MBA programs in the country that is able to benefit from the expanded Post 9/11 Benefits signed into law in January 2011. Depending on length of qualifying service, veterans can obtain:
- Funding for up to 100% fees (no annual maximum)
- A monthly housing allowance (based on days of instruction)
- An annual book stipend up to $1,000
- More information can be found here.
Alternate EWMBA Financing Options
Alternate financing can come in the form of company sponsorship, home equity loans, mortgage refinancing, and a number of other options. If you own a home you may be able to approach your lender of choice and take out a home equity loan or refinance your mortgage. If this is an option that appeals to you, speak with bank representatives for more information.
Contact Us
During your time here, the Berkeley Haas Financial Aid Office is your primary point of contact, rather than the University’s Financial Aid and Scholarships Office.
See more details about loans and alternate financing options on the Haas Financial Aid website, or contact:
Berkeley Haas Financial Aid Office
S546 Student Services Building
Berkeley, CA 94720-1900
[email protected]
510-643-0183