MASTHEAD: Evening MBA Program
IN for Faculty and Staff IN for MBA Students

HEADER: Financial Aid

Evening MBA students finance their education with personal funds, employer support, educational loans, private scholarships or, in most cases, a combination of resources.

Domestic applicants may apply for Federal loans. The University of Washington requires that you file the Free Application for Federal Student Aid (FAFSA or the Renewal FAFSA). The FAFSA form may be found at local colleges or public libraries, requested from the UW Office of Student Financial Aid, or completed online at FAFSA on the Web at www.fafsa.ed.gov. You should submit the FAFSA form as soon after January 1 as possible and list "University of Washington-Seattle," Code 003798, in Section G.

THE MAXIMUM AMOUNT YOU CAN BORROW PER YEAR IS:

  • $20,500 through the Federal Stafford Direct Loan program
  • Up to the full program fee amount through the Private MBA Tuition Loan Program

Who is eligible to apply?
Most University of Washington MBA students qualify to borrow $20,500 per year through the Federal Stafford Direct Loan Program. To apply, you must be a permanent U.S. resident, must not be in default on a prior federal student loan, and must have registered for the draft if required by law to do so. Otherwise, this program is not based on need, income, or credit. Depending on credit worthiness, students may also qualify to borrow up to the full amount of the program fee through the private MBA Tuition Loan Program. Foreign residents may apply for this loan with a U.S. citizen co-signer.

How to apply?
To apply for a Federal Stafford Direct Loan, fill out a Free Application for Federal Student Aid (FAFSA) on line at www.fafsa.ed.gov or on paper and submit it to the address included on the application. If you are offered admission to the MBA Program and your FAFSA is approved, the University of Washington will send you a financial aid eligibility letter and a promissory note asking how much of the $20,500 annual maximum you wish to borrow. You will need the University of Washington's federal financial aid code for the FAFSA: 003798.

For a list of private education loan and/or credit programs for students and their families visit the University of Washington Financial Aid website.

Where to get financial aid applications and more information?
The paper edition of the FAFSA can be obtained from the University of Washington's Office of Student Financial Aid:

Office of Student Financial Aid
University of Washington
Box 355880, Seattle, WA 98195-5880
Phone: (206) 543-6101
Email: osfa@u.washington.edu
Web: www.washington.edu/students/osfa






 
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