International Loans
In addition to scholarship opportunities (gift aid that does not need to be repaid), or private loans with a co-signer, Haas has secured a second loan option for international students that does not require a co-signer. Please note the combined borrowing capacity for the Discover Custom Graduate Loan and the Eli Lilly LOC is $30,000 for the 2013-14 academic year. Please also note, students are not responsible for making payments while enrolled in at least 6 units or during the grace period which commences after graduation, or after dropping below 6 units.
2013-2014 Discover Custom Graduate Loan
- Maximum: $30,000
- Zero Fees
- Prime + 4.0% interest rate
- 9 month Grace Period
- 20 year repayment, No pre-payment penalties
- Visa documentation is required. Coordinate with Discover Bank.
- 0.25% interest rate reduction for auto-debit payments when in repayment period
- 2.0% outstanding balance cash reward upon graduation, must notify lender
- A negative credit history could affect approval
To apply for funds, go to the Discover Loan website for Haas Evening & Weekend MBA Students.
2013-2014 Eli Lilly Risk-share Line of Credit
- Maximum: $30,000
- 3% Fee, added to the principal
- Prime + 5.50% interest rate
- 6 month Grace Period
- 20-25 year repayment options, No pre-payment penalties
- Visa documentation is required. Our office will facilitate this process.
- 0.25% interest rate reduction for auto-debit payments when in repayment period
To apply for funds, go to the Eli Lilly LOC website for Haas Students and click on "Apply Now/Draw Request".