Executive MBA 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 and private loan options.

You would need to apply for loans three times, once for each academic year. Please note Federal Loans will have fees taken at disbursement.

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.

A Note on Disbursements

The Executive MBA program crosses three academic years. Each academic year requires its own Loan Application. Loans that have more than one disbursement in an academic year will be disbursed in equal portions. Each academic year has an estimated borrowing capacity. The loan taken out in the second academic year will be the only academic year that breaks up your loan into 3 equal disbursements. Please note that the third academic year's borrowing capacity is subject to change. Standard disbursements, and percentages of amounts borrowed, will be as follows:

Loan Application Year 2014-2015
Term of Enrollment Summer 2015
Estimated Borrowing Capacity / COA $41,472
Amount of Loan Disbursed $41,472

Loan Application Year 2015-2016
Term of Enrollment Fall 2015 Spring 2016 Summer 2016
Estimated Borrowing Capacity / COA $125,985
Amount of Loan Disbursed $41,995 $41,995 $41,995

Loan Application Year 2016-2017
Term of Enrollment Fall 2016
Estimated Borrowing Capacity / COA $41,995
Amount of Loan Disbursed $41,995

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.

Below are the bill due dates and Estimated Borrowing Capacity/COA for those that entered May 2014

Loan Application Year 2013-2014
Term of Enrollment Summer 2014
Estimated Borrowing Capacity / COA $40,491
Amount of Loan Disbursed $40,491

Loan Application Year 2014-2015
Term of Enrollment Fall 2014 Spring 2015 Summer 2015
Estimated Borrowing Capacity / COA $121,440
Amount of Loan Disbursed $40,480 $40,480 $40,480

Loan Application Year 2015-2016
Term of Enrollment Fall 2015
Bill Due Date August 15, 2015
Estimated Borrowing Capacity / COA $40,293
Amount of Loan Disbursed $40,293

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.