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April 27, 2011 / www.albany.edu/business/weekendmba power up ›› THE WEEKEND MBA PROGRAM WEBINAR Financing Your MBA Degree

MBA Financing Options UAlbany Weekend MBA

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Steve walks us through the options and steps of Financing your MBA education. From loans to grants to employer support, you'll find some great answers here. Thanks for sharing and connecting with me on Twitter @UAlbanyMBA

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Page 1: MBA Financing Options UAlbany Weekend MBA

April 27, 2011 / www.albany.edu/business/weekendmba

power up ›› THE WEEKEND MBA PROGRAM

WEBINARFinancing Your MBA Degree

Page 2: MBA Financing Options UAlbany Weekend MBA

FINANCING Options

• Weekend MBA is a contract program

• Does NOT qualify for federal/FAFSA funding

• Private graduate student loans

• Scholarship awards available

• Chambers of commerce

• General

www.albany.edu/business/weekendmba

Page 3: MBA Financing Options UAlbany Weekend MBA

TRADITIONAL Financing Options

•Free Application for Federal Student Aid (FAFSA) www.fafsa.ed.gov.

•Must be completed to receive Federal Student Aid.

•Determines financial aid eligibility.

www.albany.edu/business/weekendmba

Page 4: MBA Financing Options UAlbany Weekend MBA

TRADITIONAL Financing Options

•Federal Direct Loans

•Subsidized vs. unsubsidized loans.

• Interest rate fixed at 6.8%

•Annual loan limit $20,500

•Direct Graduate PLUS loan

•Complete DL Master Promissory Note and DL Entrance Counseling at www.studentloans.gov.

www.albany.edu/business/weekendmba

Page 5: MBA Financing Options UAlbany Weekend MBA

TRADITIONAL Financing Options

•Graduate Fellowships, Assistantships, and Tuition Scholarships

•www.albany.edu/gradstudies/fingrad

•External Scholarship Opportunities?

•www.albany.edu/financialaid

www.albany.edu/business/weekendmba

Page 6: MBA Financing Options UAlbany Weekend MBA

TRADITIONAL Financing Options

•Alternative/Private Education Loans

•Offered by several financial lending institutions.

•Credit-based loans

•Exhaust all federal aid first!

•Use cosigner when applicable

www.albany.edu/business/weekendmba

Page 7: MBA Financing Options UAlbany Weekend MBA

CONTACT Information

• Don Purdy, Program Director

• E-mail: [email protected]

• P: 518.442.4964 | F: 518.442.4975

• Twitter: @UAlbanyMBA

• LinkedIn: www.linkedin.com/profile/edit?trk=hb_tab_pro_top

www.albany.edu/business/weekendmba

Page 8: MBA Financing Options UAlbany Weekend MBA

MARK Your Calendars!

• Monday, May 2, 4:30 p.m.

• MBAs in Finance

• Alissa Quinn

• First Vice President, UBS Financial Services, The Quinn Group

www.albany.edu/business/weekendmba

Page 9: MBA Financing Options UAlbany Weekend MBA

QUESTIONS?

We hope to receive your

online application package soon!

www.albany.edu/business/weekendmba