UCB MFE Financing MFE + PayBack time

[asjankit]

Hello,

I want to know how UCB MFE people finance their MFE and what is typical payback period (considering average salary after graduation) for loans. And also, is there any chance of receiving financial aid of any sorts for people from India.

Any help/comment will be greatly appreciated.

Thanks and Regards,
Ankit

 

[Anbu]

It's different for us international (poor) students. We either pay the full sticker price (and have to show proof of having that amount to obtain a visa) or get an international student loan, for which you have to find a U.S. cosigner. In the current situation it's incredibly difficult to find someone willing to take that risk. It will depend on whether you have family members there who are well-off.

 

[Jun]

i'm trying my best to get funding from my government and i do not have to repay anything. if that fails, i will most probably borrow money from an international bank and pay the hefty LIBOR-plus interest (and principal) over x years.

 

[Shantanu Kumar]

Good Luck!