UC Davis MBA Grant Program
The UC Davis Graduate School of Management offers a limited grant program for students who have exhausted all other financing sources. You must apply directly to the GSM by Thursday, May 15, 2008 by completing the following:

• UC Davis MBA Grant Application
• 2007 Federal Tax Return (complete and signed)
• Free Application for Federal Student Aid (FAFSA)

Awards are announced in June.

William D. Ford Federal Direct Loan Program
Direct loans are made by the United States Government and are administered by the U.S. Department of Education. Using the income and asset information provided on the FAFSA, the Financial Aid Office will determine your eligibility and notify you of the types and amounts of Direct Loan for which you qualify.

Federal Direct Subsidized Loans are awarded to students with financial need to help meet their expenses. The interest rate on this loan is adjusted each July 1 while the student is in school and during the grace period and when the loan is in repayment. The maximum interest rate cap is 8.25%. The federal government pays the interest on subsidized loans while the student is enrolled at least half time, during the six-month grace period (after graduation or withdrawal from school), or during authorized periods of deferment. The annual maximum borrowing limit on subsidized loans is $8,500.

Federal Direct Unsubsidized Loans are not based on financial need or income. The interest rates and terms are the same as subsidized loans; however, the student is charged the interest on the loan beginning the day the loan is disbursed. Students can choose to pay the interest while they are in school or capitalize the interest (adding the unpaid, accumulated interest to the principal balance) until repayment begins. The annual maximum borrowing limit on unsubsidized loans is $10,000.

Visit the William D. Ford Federal Direct Loan Program for more information. or call the Direct Loan Borrower Services office at 1-800-848-0979, or contact the UC Davis Graduate Financial Aid Office at (530) 752-6769.

All loans under the Federal Direct Loan Programs are disbursed to you by the school in three quarter installments, one per quarter.  Disbursements are activated after you have paid your course fees and enrolled in courses.

Interest rates and origination loans are set by the Federal government. For more information, please contact the UC Davis Graduate Financial Aid Office at (530) 752-6769.

Alternative Financing Options
Employee Reimbursement Plans may be offered through your current employer to reimburse you for fees and other program costs. Check with your human resources or benefits office to see what reimbursement plans may be available to you. Make sure you are aware of any program restrictions or special requirements.

Private Sector Educational Loan Programs provide both fixed-amount loan programs and revolving lines of credit. Unlike the Federal loans, these programs are based on creditworthiness. Interest rates are usually higher and interest will begin to accrue immediately, although you often have the option of deferring payment while you are in school.

Terms and conditions for these programs are not set by the Federal government and are subject to change. For more information, please contact the UC Davis Graduate Financial Aid Office at (530) 752-6769.

Alumni Scholarship and Private Scholarships
Each year, one Working Professional MBA student is selected to receive the Alumni Scholarship.  Students are nominated and the Alumni Scholarship Committee selects the recipient.

There is also a limited number of private scholarships available each year.  Scholarships are announced in the fall and students may apply for them.  The Scholarship Committee then announces the recipients in the winter.

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