Loans are sometimes a necessary 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 including options for international students who find themselves with limited options while studying in another country.
We require students who borrow over $100,000 in student loans to take advantage of one of the loan repayment counseling opportunities offered during their final term of enrollment.
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.
Loans are always disbursed in two payments, 50% each semester, after you are enrolled for classes at least half-time (6 units). Loan proceeds will credit to your CalCentral account and pay 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).