Discover® Custom Graduate Loan

To be eligible for the Discover Custom Graduate Loan, you must be residing in the United States during your program studies. These loans are made by Discover Bank®, not by the University of California, Berkeley Haas School of Business.

  • Annual loan limit: $42,000 per semester. Aggregate loan limits apply.
  • Current APR
  • Zero fees
  • The grace period ends 9 months after graduation or after enrollment drops below half-time.
  • You can choose to make a payment anytime without penalty.
  • Get a 0.25% interest rate reduction while enrolled in automatic payments. Learn more.
  • Applicants must pass a credit check and meet other factors. However, a lack of credit history will not lead to a denial.
  • Cash Reward for Good Grades: Students who get at least a 3.0 GPA (or equivalent) may qualify for a one-time cash reward of 1% on each new Discover custom graduate loan. Reward redemption period is limited. Visit reward and redemption terms and conditions.

IMPORTANT: Please contact the Haas Financial Aid Office immediately if you become aware of financial aid exceeding the Cost of Attendance. A loan return may need to be initiated if a student anticipates GSI Fee Remissions, Third Party Contract, and/or any additional Gift Aid that exceeds the Cost of Attendance.