The decision to attend business school reflects a desire to invest in yourself and your career. Merage School FEMBAs not only gain an in depth understanding of global business, but realize a significant financial return on their investment (ROI). Funding your Merage MBA can be a smooth, seamless process thanks to our dedicated MBA staff who are available to answer your questions, direct you to important resources, and process paperwork quickly and accurately.
Below is a summary of financing options available to you. To learn more about how to manage your educational investment, please visit the Merage Financial Aid website or contact the financial aid team via email or phone (949.824.9585).
Educational loans are the most common source of funding for FEMBA students. Through wise borrowing, you can maximize competitive interest rates and repayment terms to your advantage. Loans are renewable annually and include the following options:
- Federal Stafford Loan: US citizens and US permanent residents are eligible to receive up to $20,500 per academic year.. The current fixed interest rate for the Stafford Loan is 5.31%.
- Federal Direct Graduate PLUS Loan: covers costs not covered by the Stafford Loan. The current fixed interest rate for the Graduate PLUS Loan is 6.31%.
- Private Educational Loans: several options are available for FEMBA students with variable and fixed rates, depending upon your credit history. For a listing of private loans, please visit the Merage Financial Aid website.
Scholarships are awarded to select incoming FEMBA students at the time of admission based on the strength of their entire application. Award amounts vary. No separate application is required. Visit this page for more information.
[State of California Disclosure: Federal student loans are available to most students regardless of income and provide a range of repayment options including income-based repayment plans and loan forgiveness benefits, which other education loans are not required to provide.]
STUDENTS ENROLLING IN THIS PROGRAM CANNOT USE CAL VET TUITION/FEE EXEMPTIONS (also referred to as a “College Fee Waiver” or “Cal Vet Fee Waiver;”) THIS PROGAM IS NOT SUPPORTED WITH STATE FUNDS AND IS NOT SUBJECT TO THE STATE LAW REGARDING CAL VET TUITION/FEE EXEMPTIONS.