UC Davis Computer Loan Program
In keeping with the UC Davis Computer Ownership guidelines, Financial Aid and Scholarships can provide eligible undergraduate and graduate Free Application for Federal Student Aid, the FAFSA, filers and undergraduate California Dream Act Application, the CADAA, filers at UC Davis with a computer loan for up to $2,500.
What is the Computer Loan? Eligible undergraduate and graduate students at UC Davis can receive a computer loan of up to $2,500. This loan is available once during your academic journey at UC Davis and must be requested as a Cost of Attendance appeal.
Key details
- Loan Servicer: Heartland ECSI
- Interest Rate: 5%
- Deferment Period: 6 months after graduation or if enrolled less than half-time
- No Credit Check Required
- Funds are disbursed directly to your UC Davis student account
Eligibility criteria
- Must have a Free Application for Federal Student Aid, the FAFSA, or California Dream Act Application, the CADAA, on file.
- Active undergraduate or graduate student enrolled in at least 6 units.
- Must meet Satisfactory Academic Progress, or SAP, standards.
- Must have financial need*
*If you don’t have financial need, you may be offered non-need-based loans.
How to apply
- Submit a Cost of Attendance appeal
- Attach a copy of your computer estimate/invoice
What happens after approval?
Undergraduate students
You will be offered the University Computer Loan* through MyAwards. Accept the loan and complete the requirements.
*If you don’t have financial need for the University Computer Loan, you may be eligible to increase the Federal Direct Unsubsidized Loan or Parent PLUS Loan.
Graduate students
You can increase your Federal Direct Graduate Unsubsidized Loan or Federal Direct Graduate PLUS Loan based on your financial aid package.