Haas School of Business

MFE Financial Aid

Loan Options

Loans are always a 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, particularly for international students who find themselves with limited options while studying in another country.

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.

A Note on Loan Applications and Disbursements

The MFE program crosses two academic years and each academic year has 2 terms. For federal and private loans you will need 2 separate loan applications, one for each academic year. For International loans, you will have one loan application that will cover both academic year. Standard disbursement dates will be as follows:

Loan Application Year
2013-2014
2014-2015
Term of Enrollment
Spring 2014
Summer 2014
Fall 2014
Winter 2015

Bill Due Date

December 15, 2013
May 15, 2014
August 15, 2014
August 15, 2015
Expected Loan Disbursement Date
March 14, 2014
May 5, 2014
December 5, 2014
January 5, 2015

Loan disbursements will credit to your CARS 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).

The Haas Financial Aid Office does not receive, and will not accept, inducements from lenders or the government in exchange for inclusion on a private loan comparison chart or in exchange for promoting their loans on our website; nor does the Haas School share in the profits from lenders on our preferred lender list.