Financial Aid

International Loans

We do have a financing option for International Students that does not require a co-signer, credit history, or income. Lenders were selected based on their ability to make loans at reasonable rates for a population of students ineligible for Federal Loans, who did not have access to a U.S. Co-signer or an SSN, and based on the ability of the school to share in the risk and make these options possible.

Please note the borrowing capacity for the Elements Financial Loan is $60,000 for the class entering March 2016. Though borrowing limits on the “risk-share” loans for international students are revisited every year, we expect the borrowing limit for your class to remain at $60,000. Please also note, students are not responsible for making loan 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 entering 2016 will be disbursed in quarters, one quarter per term (spring 2016, summer 2016, fall 2016, winter 2017).

2016-2017 Discover Custom Graduate Loan

  • Maximum: $15,000 per term
  • Zero Fees
  • 3-month LIBOR + 6.99% interest rate (starting rate currently 7.74% APR as of April 1, 2016)
  • 9 month Grace Period
  • 20 year repayment, No pre-payment penalties
  • Visa documentation is required. Coordinate with Discover Student Loans.
  • 0.25% interest rate reduction for auto-debit payments when in repayment period
  • A negative credit history could affect approval

To apply for funds, go to the Discover Student Loan website for Haas MFE Students. If you need assistance during the loan process, please call their dedicated Custom Graduate Loan customer service number at 1-800-973-5145 as opposed to the generic number appearing on their website.

2016-2017 Elements Financial

  • Maximum: $15,000 per term
  • 3% Fee, added to the principal
  • Prime + 3.5% interest rate (7% as of March 21, 2016)
  • 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 Elements Financial Loan Program website for Haas Students and click on "Apply Now/Draw Request".

If you have or obtain an SSN while in the program, be sure to update the lender for smoother servicing after you graduate!