Loans are always a second option after pursuing scholarship opportunities. The subpages of this section provide details on Federal Loan options, private loan options, and other types of educational loan borrowing, particularly for international students who find themselves with limited options while studying in another country.
Effective October 2, 2008, the only loan programs from U.S. financial institutions available to International students almost exclusively require a credit-worthy U.S. Citizen or Permanent Resident co-signer.The Haas School of Business has provided borrowing options for international students each year despite changes in the marketplace.
A Note on Loan Applications and Disbursements
The MFE program crosses two academic years and each academic year has 2 terms. For federal loans you will need 2 separate loan applications, one for each academic year. For Private and International loans, you will need only one loan application that will cover both academic years.
Loan disbursements will credit towards any outstanding charges. If a balance remains, a refund will be sent to your bank account if you have signed up for EFT (Electronic Funds Transfer).
Loan funds will begin to disburse 10 days prior to the start of classes provided that all conditions for funding have been met. This includes loans for the first semester. Students that will use loans to finance all tuition and fees should contact the admissions team after their loans are secured to confirm their plans as the tuition due date is in January prior to the start of classes.
The Haas Financial Aid Office does not receive, and will not accept, inducements from lenders or the government in exchange for inclusion on a private loan comparison chart or in exchange for promoting their loans on our website; nor does the Haas School share in the profits from lenders on our preferred lender list.
Next: Federal Loans