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UC Berkeley Student Loan
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Berkeley Student Loans
Sixty-one percent of Berkeley undergraduate students who graduated between July 1, 2013 and June 30, 2014 graduated without loan debt (Federal Direct Subsidized/Unsubsidized Loans, Federal Perkins Loans, private loans). The average cumulative loan debt for graduating seniors was $17,584.
Students offered a UC institutional private student loan should know that: Private student loans have a range of interest rates and fees and students should determine the interest rate of, and any fees associated with, the private student loan included in their financial aid award package before accepting the loan.
Berkeley College participates in the William D. Ford Direct Loan Program. Eligible students and their parents borrow Stafford and/or PLUS loans directly from the U.S. Department of Education, and repay their loans directly to the U.S. Department of Education. Instructions for Completing the Stafford Loan Application and Loan Entrance Counseling
Loans programs are a second option to consider after pursuing scholarship opportunities. Loan options available to Full-Time Berkeley MBA students include federal, private, and international student loans.
Many students pursue MBA loans as an additional option to scholarship opportunities. The main loan options available to Evening & Weekend Berkeley MBA students are federal loans, private loans, and international student loans.
Students are encouraged to carefully explore all loan options available to them. The Haas Financial Aid Office does not receive, and will not accept, inducements from lenders in exchange for inclusion on the International Loans information page, nor does the Haas School of Business share in the profits from student loans.
Students are advised to attend a Berkeley City College Student Loan Information Workshop in order to be considered for a loan. It is strongly advised for all perspective BCC loan students to visit the 2016-2017 Student Financial Aid Handbook to obtain pertinent financial aid information and BCC’s Student Loan Servicing Policies and Procedures.
Students need to be enrolled at least half-time (6 units) each semester that you wish to receive loans. Our school code, if requested on your loan application, is 001312-75, UC Berkeley Haas Business School. Loans are generally disbursed in two payments, 50% each semester.
Student Loans & Other Federal Student Aid. To get started, complete and submit the Free Application for Federal Student Aid, available on the FAFSA website. The UC Berkeley FAFSA school code is 001312. Graduate and professional students are considered independent, so parent information should not be included on your FAFSA.
Students enrolled or planning to enroll in a program or series of courses at UC Berkeley Extension are eligible to apply for a private alternative student loan. UC Berkeley Extension is not a Title IV institution, and therefore is not eligible for federal aid programs.