Haas School of Business

MFE Financial Aid

International Loans

We do have a financing option for International Students that does not require a co-signer, credit history, or income. Please note the combined borrowing capacity for the Discover Custom Graduate Loan and the Eli Lilly LOC is $50,000 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. Funds for the class of 2013 will be disbursed half in spring and a quarter in each of the subsequent fall and winter terms.

We recommend that new admits wait until January to apply. For returning borrowers in 2013-14 you would make a Draw request, beginning mid-June. The application may ask for some school related information. The Enrollment Period (Program Length) is approximately March 21st to March 20th.

2013-2014 Discover Custom Graduate Loan

  • Maximum: $50,000
  • 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 MFE Students.

2013-2014 Eli Lilly Risk-share Line of Credit

  • Maximum: $50,000
  • 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".