Must I be accepted for admission before I apply for financial aid?
No. You may apply for financial aid any time after January 1.
What types of financial aid does the school offer?
Full-time MBA Program
Full-time MBA students at The Paul Merage School of Business are eligible to
receive federal grants which are awarded on the basis of financial need. Students
must meet all deadlines for the submission of the FAFSA and any required supplemental
documents to be considered for grant funding.
A limited number of fellowships/scholarships are awarded to first-year full-time
MBA students. These are awarded generally on the basis of academic excellence
and achievement. Most fellowships are determined by the Full-time MBA Admissions
Committee. The school also offers the Federal Direct Stafford Loan and Federal
Direct Graduate Plus Loan in addition to private loan funding.
Executive Degree Programs
Students enrolled in the Fully Employed, Executive or Health Care Executive
MBA programs are not eligible for grant funding or fellowship consideration.
The majority of our Executive Degree Program students rely on the Federal Direct
Stafford Loan, Graduate Plus Loan or private loans to pay their educational
expenses.
What forms do I need to apply for financial aid?
The school requires all students to complete only the Free Application for
Federal Student Aid (FAFSA).
What is UC Irvine's Title IV code?
The Title IV code for UC Irvine is 001314.
What are the financial aid deadline dates for the 2009-10 academic school year?
March 2, 2009
March 2 is the priority deadline to complete the FAFSA for all entering and
continuing full-time MBA students for the 2009-2010 academic school year. **Students
must meet this deadline to be considered for GRANT FUNDING.
May 1, 2009 is the priority deadline for all entering and continuing full-time
MBA students for the 2009-2010 academic school year to submit all supplemental
documents to the financial aid office. Documents must be received (not postmarked)
in our office by this date. The school also offers the Federal Direct Stafford
Loan and Federal Direct Graduate Plus Loan in addition to private loan funding.
**Students must meet this deadline to be considered for GRANT FUNDING.
Where do I submit the FAFSA?
The FAFSA Application is available on-line, www.fafsa.ed.gov.
Do I have to apply for financial aid each year?
Yes. You must submit a new FAFSA and/or private loan application each new academic
year.
I'm an international student; am I eligible for any financial aid?
International students are not eligible to receive the Federal Direct Stafford
or Federal Direct Graduate Plus Loan, but may apply for a private loan. Students
must apply with an eligible co-borrower who is a U.S. citizen or eligible permanent
U.S. resident. The co-borrower must have a positive credit history and stable employment.
International students may also be considered for certain scholarships/fellowships granted by the Admissions Committee (Full
Time MBA students only).
Is my file complete? Have I submitted all requested documentation?
You can check the status of your file on Visual
Aid.
When should I hear about my financial aid award?
First-year students who have been awarded a scholarship/fellowship will be
notified on their "Letter of Admission." The financial aid office will begin
e-mailing all other financial aid award notifications in June. Receipt of your
"financial aid award" will be contingent upon your admission date and completion
of your financial aid file.
Is my enrollment deposit applied toward my Fall quarter fees?
Yes, your enrollment deposit will appear as a credit on your Fall quarter ZOT
bill.
How do I pay my registration fees?
UC Irvine’s official billing statement, the ZOT Bill, will be e-mailed
to you prior to the beginning of each quarter. The ZOT bill will indicate the
quarterly tuition, the due date and any financial aid credit(s) which may be
applied to your account. Tuition will be paid automatically for students who
receive financial aid that covers the full cost of tuition and are enrolled
in a minimum of 6 units.
Students who owe a tuition balance can mail their payment to the UCI Cashier's Office.
OR pay the tuition via electronic check by accessing their ZOT account.
The Cashier’s Office does not accept credit card payments.
UCI also offers the PACE
program for payment of fees. Please note that this is offered to our Full-time
MBA students only and not students enrolled in our Executive Degree Programs.
When will I receive my financial aid?
Once fees have been paid, any remaining financial aid will be disbursed on
the first day of the quarter. Federal regulations do not allow UC Irvine to
disburse the funds prior to the beginning of each quarter. You can request that
the funds be mailed to you or electronically deposited to your personal bank
account. If you are having trouble meeting your expenses, please contact the
Financial Aid Office as early as possible so that we may assist you.
What if I borrow in excess of my tuition? What happens to the extra funds?
You may use funds in excess of your tuition to pay for indirect educational
costs (living expenses, books, supplies, etc.).