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. 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 combined borrowing capacity for the Discover Custom Graduate Loan and the Eli Lilly Custom Loan is $50,000 for the class entering March 2014. 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). Please also note, borrowers of these risk-share loans are expected to maintain a cumulative 3.0 GPA to be eligible for loan disbursement. Funds for the class entering 2014 will be disbursed in quarters, one quarter per term (spring 2014, summer 2014, fall 2014, winter 2015).

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. 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.

Eli Lilly FCU Custom Loan Program

  • 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 FCU Loan Program website for Haas Students and click on "Apply Now/Draw Request".