MBA Finances


Federal Loan Options


Federal Loan Eligibility


General Eligibility Requirements:
In order to be eligible for any of the federal loan programs, you must meet the following requirements:
  1. You must be a U.S. Citizen or Permanent Resident
  2. You must have a valid Social Security number
  3. You must be enrolled at least half-time for each semester (6 units per semester)
  4. You must not be in default on a federal educational loan and not owe a refund on a federal grant
  5. You must maintain Satisfactory Academic Progress
  6. If male, you must be registered with the Selective Service

A note about Satisfactory Academic Progress

To maintain eligibility for Federal Loans, you must maintain Satisfactory Academic Progress (SAP). All MBA students are expected to maintain a minimum grade-point average of 3.0 for continued participation in the program and graduation. If your GPA falls below the minimum, you will be placed on academic probation and will become ineligible for the undisbursed portion of any federal loan.


Additional Eligibility Requirements for Subsidized Loans
Additional Eligibility Requirements for Grad PLUS Loans