In coordination with the UC Office of the President, we have compiled a comprehensive Preferred Lender list (PLL) with fixed rate options, variable rate options, and interest payment (while in school) options. The selection process considered the needs of our students in the categories of pricing, service, and technology.
- Student must be enrolled in at least half-time (6 units) each semester
- Student may only borrow up to the Cost of Attendance minus any other aid (e.g. Gift Aid, Third Party Contract)
- International students applying for a Private Loan will require a creditworthy U.S. cosigner to be considered
UC Berkeley, Haas School of Business school code: 001312-75
Step 1 – Apply for a Private Loan using the Haas School of Business Preferred Lender List or from another reputable lender of choice. Please ensure to enter the 001312-75 as your school code
Step 2 – The Haas Financial Aid Office completes the Private Loan Certification for the student
Step 3 – The lender will notify the student to complete all required final disclosures upon approval
Step 4 – The scheduled approved loan will be disbursed directly to the University at the beginning of the semester
Private loans are certified for loan periods that cannot exceed 365 days. Consequently, you will need to submit a second loan application for the second loan period. If you are approved and certified for the maximum amount (including living expenses), the amount will be disbursed equally among the terms of the loan period.
First Loan Application: Funds in the first loan period (Fall, Spring and Summer) will disburse in equal portions and cover all your assessed fees. Second Loan Application: Funds in the second loan period (Fall and Spring) will disburse in equal portions and cover all your assessed fees.
Noted below, estimated disbursement for the First Loan Application for the entering class in Fall 2025.
| Academic Term | Fall 2024 | Spring 2025 | Summer 2025 | Total |
| Disbursement | $47,683 | $47,683 | $47,683 | $143,049 |
Noted below, estimated disbursement for the Second loan Application for the entering class in Fall 2025.
| Academic Term | Fall 2025 | Spring 2026 | Total |
| Disbursement | $47,683 | $47,683 | $95,366 |
Loan disbursement will be applied to student’s CalCentral tuition and fees. Any financial aid in excess of tuition and fees will be refunded to the student in the form of Direct Deposit or by paper check. All students are recommended to sign up for Direct Deposit to prevent disbursement delays.
Students are expected to maintain Satisfactory Academic Progress (SAP) with a minimum cumulative grade point average of 3.0 for continued participation in the private loan programs. 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 private loan disbursements.
The Department of Education (ED) encourages all eligible students to consider Federal Loans first. Conversely, no matter what entity lends the funds, students should review the terms in detail. The Haas Financial Aid Office is available to provide further information in-person, by phone, via email and through alternate media such as podcasts, chats, and webinars.
The Haas Financial Aid Office does not receive, and will not accept, inducements from lenders in exchange for inclusion in the Preferred Lender List, nor does the Haas School share in the profits from student loans. For more details feel free to read The University of California Code of Conduct in Regard to Preferred Lender Arrangements.
You can choose to borrow from the list above or from another reputable lender.
This information was adapted from the UCOP language developed for SB 1289. Students considering student loans need to be aware of the differences between federal student loans and private student loans. This information is communicated to all students attending Orientation:
- Federal student loans are required by law to provide a range of flexible repayment options including, but not limited to, income-based and income-contingent repayment plans, as well as loan forgiveness benefits that private lenders are not required to provide.
- Federal Direct Loans are available to most students regardless of income. Other qualification criteria do apply.
- Federal Direct Loans have fees taken before disbursement. The net amount disbursed will be less than what you will owe.
- Private student loan lenders can offer variable interest rates that can increase or decrease over time, depending on market conditions.
- Private student loan interest rates may depend on the borrower’s and/or cosigner’s credit rating. Rates on a Federal Loan cannot be adjusted based on the strength of the borrower’s and/or cosigner’s credit rating.
Private student loans have a range of interest rates and fees and students should determine the interest rate and any fees before accepting the loan. Students should contact the lender the Haas Financial Aid Office with any questions about a private student loan.