Loan OptionsFINANCING YOUR MBA
There are a variety of student loans available to graduate students. By utilizing a combination loans, most students eligible to receive federal student aid will see an initial award offer up to their cost of attendance in the following loans:
Federal Stafford Unsubsidized Loan
The Federal Stafford Unsubsidized Loan can be offered up to $20,500 per academic year. Interest accrues immediately upon disbursement at an interest rate of 6.8%. Repayment begins six months after graduation or reduced enrollment below half time.
Federal Graduate PLUS Loan
The Federal Graduate PLUS Loan requires a credit check. The maximum amount offered in this loan is up to your minus other aid received. Interest accrues immediately on this loan at an interest rate of 7.9%.
Private Education Loan
The private education loan would be obtained from a private lender. Interest rates and repayment vary per lender. If you are interested in a private education loan, you will need to conduct your own research. You can review Arizona State University’s frequently used private educational lender list to determine which lender may fit your needs best.