William D. Ford Federal Loan Program
Unsubsidized Loan Terms
The Direct Unsubsidized Loan limit for the MBA for Executives is $20,500 (Split in 5 terms). Interest accrual is not compounded or capitalized during enrollment periods; the accrued interest is capitalized when you enter repayment.
- 6.54% fixed interest rate (on or after July 1, 2022, and before July 1, 2023)
- 1.057% loan origination fee upon disbursement
- 6 months grace period
- No credit check required
- No prepayment penalties
Graduate Plus Loan Terms
Students may borrow up to the remaining Cost of Attendance per academic year through the Direct Graduate Plus Loan. Interest accrual is not compounded or capitalized during enrollment periods; the accrued interest is capitalized when you enter repayment.
- 7.54% fixed interest rate (on or after July 1, 2021, and before July 1, 2022)
- 4.228% loan origination fee upon disbursement
- Credit check required
- No prepayment penalties
Note: Students with an adverse credit history must obtain an endorser or appeal the credit decision with the Department of Education.
- Student must be a U.S. Citizen, U.S. Permanent Resident, or Eligible Non-Citizen
- Student must have a valid Social Security Number
- Student must be enrolled at least half-time (6 units) per semester
- Student must not be in default on a federal educational loan andnot owe a refund on a federal grant
- Male students must be registered with the Selective Service or must obtain a waiver from the Selective Service Office
Step 1 – Create an FSA ID
Step 2 – File the Free Application for Federal Student Aid (FAFSA). Our school code is 001312.
**Class of 2024: Complete 2022-23 (available now) & 2023-2024 (available in October) FAFSA applications
**Class of 2023: Complete 2021-22 (expired) & 2022-2023 (available now) FAFSA applications
Step 3 – Once you have a UC CalNet ID and passphrase and have received your Financial Award Notification, accept your awards on CalCentral.
Step 4 – Complete Online Requirements
Step 5 – Sign up for Direct Deposit
Noted Below, a chart summarizing the borrowing limits for the William D. Ford Federal Loan Program for the class entering in Fall 2021. This is the estimated loan amounts you may anticipate to be offered to you each semester.
| Terms | Fall | Spring | Summer | Fall | Spring | Total |
| Unsubsidized Loan | $4,100 | $4,100 | $4,100 | $4,100 | $4,100 | $20,500 |
| Graduate Plus Loan* | $39,475 | $39,475 | $39,475 | $39,475 | $39,475 | $197,375 |
| Total | $43,575 | $43,575 | $43,575 | $43,575 | $43,575 | $217,875 |
Noted Below, a chart summarizing the borrowing limits for the William D. Ford Federal Loan Program for the class entering in Fall 2020. This is the estimated loan amounts you may anticipate to be offered to you each semester.
| Terms | Fall | Spring | Summer | Fall | Spring | Total |
| Unsubsidized Loan | $4,100 | $4,100 | $4,100 | $4,100 | $4,100 | $20,500 |
| Graduate Plus Loan* | $38,385 | $38,385 | $38,385 | $38,385 | $38,385 | $191,925 |
| Total | $42,485 | $42,485 | $42,485 | $42,485 | $42,485 | $212,425 |
Students are expected to maintain Satisfactory Academic Progress (SAP) with a minimum cumulative grade point average of 3.0 for continued participation in the William D. Ford Federal Loan Program. A student will be placed on academic probation when the G.P.A. falls below the minimum requirement and may become ineligible for future scheduled federal loan disbursements.
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 Third Party Contract, and/or any additional Gift Aid that exceeds the Cost of Attendance.