Students enrolled in the MBA for Executives Programs (Evening MBA, Weekend MBA, or
OneMBA®) are eligible for student loans to cover the cost of tuition. A student’s total financial
aid (including company sponsorship and all education loans) cannot exceed the cost of tuition.
If a student’s employer will pay 100% of tuition, then s/he is not eligible for student loans.
All payments for tuition must be made directly to UNC’s Kenan-Flagler Business School.
Students are responsible for paying tuition directly to UNC’s Kenan-Flagler Business School
since loans do not transfer directly to UNC Kenan-Flagler.
TYPES OF FUNDING
U.S. Citizens and Permanent Residents:
Federal Stafford Loans
Federal Stafford Loans are available to all U.S. citizens and permanent residents who meet basic
Federal requirements (i.e. student has never defaulted on a Federal loan and/or is not currently
involved in filing bankruptcy). The two types of Federal Stafford Loans are: subsidized (does
not accrue interest while the student is enrolled) and unsubsidized (does accrue interest while the
student is enrolled). UNC-Chapel Hill Preferred Lenders for Federal Stafford Loans can be
found online at http://studentaid.unc.edu/pdf/misc/preferred_lenders-Stafford.pdf.
Federal Graduate/Professional PLUS Loans
Federal Graduate/Professional PLUS Loans provide additional funding for students whose costs
exceed the maximum Stafford Loan eligibility. Students should exhaust their Federal Stafford
Loan eligibility before pursuing a Graduate PLUS loan. The majority of MBA for Executives
students obtain loans through College Foundation Inc. The interest rate for Graduate PLUS
loans is a fixed 8.5%. UNC-Chapel Hill Preferred Lenders for Federal Graduate PLUS Loans
can be found online at http://studentaid.unc.edu/pdf/misc/preferred_landers-GPLUS.pdf
Private Education Loans
Private education loans provide additional funding for those students whose costs
exceed the maximum Stafford Loan eligibili