If you are experiencing a temporary shortage of funds, the Financial Aid Office administers the UC Davis Emergency, Short-Term & Assistant Loan Program for regularly enrolled UC Davis students or new students who have enrolled in classes. The funds are intended for living expenses and educational purposes. The types of loans available include:
- Emergency Loans - Maximum loan of $500 and must be repaid within 30 days.
- Short-Term Loans - $501 and higher.
- Assistant Loans - Available for graduate students who are teaching assistants, associate instructors, graduate student researchers, or postgraduate researchers. Students can apply for a maximum of one month’s salary; maximum may be higher if need is for non-resident tuition. The maximum repayment period is six months, the end of the academic year, or graduation, whichever comes first.
You must be a UC Davis student to apply for these loans. Please read the following information before completing the application process. Before you begin, please refer to our disclosure for students with an institutional loan included in their financial aid award.
Document Your Source of Repayment
If your loan application is submitted by the 9:30 a.m. time limit, we will phone you that day after your loan is reviewed. Be sure to include a local phone number on the application where you can be contacted. You will be asked to document your source of repayment. If your source of repayment is:
- Your Parents: You will be asked to provide a signed statement from your parents.
- A Job: A Job Verification Letter will be required.
- VA Benefits: Provide a letter from the Veteran's Affairs Office verifying benefits.
- Financial Aid: If your financial aid package is incomplete, provide a copy of your Student Aid Report (SAR). If we cannot determine your eligibility from the SAR, a Financial Aid Officer may need to approve your loan application.
- Bring receipts for any payment made on a prior STL or ESL within the last week.
- If you have made any late payments on a STL or ESL, you are not eligible. The STL program must wait three weeks for a personal check to clear (for payment of your last loan) before a new loan may be processed.
Signature and I.D. Requirements
- If the loan is approved, additional documentation will be required, and we will ask that you come in to sign a Promissory Note and Truth-In-Lending Statement. Please bring your Student I.D. and/or Driver’s License/I.D. Card, or other photo I.D. with you.
Loan Disbursement
- Once you sign and submit a Short-Term Loan Promissory Note and Truth-in-Lending Statement, your refund will be processed by Student Accounting within 2-3 business days, and your disbursement should be ready after 2:00 p.m. at the Student Accounting office, 2100 Dutton Hall. You must present your UC Davis photo identification to pick up a check.
- If you are signed up for Direct Deposit services through the University, Short-Term or Assistant Loan funds will be deposited in your designated bank account.
- Emergency Loans: Once you sign the required documents, you will receive a cash voucher from the Financial Aid Office. Redeem the voucher at the Cashier's Office, 1200 Dutton Hall, from 10:00 a.m. to 4:00 p.m.
Online Application Process
Use the link provided below to access MyForms using your UC Davis Login ID and Passphrase. Once on MyForms, you will need to select the appropriate Academic Year followed by your UC Davis Student ID and Date of Birth, then select Log In. Short Term Loan Application Forms are reviewed Monday through Friday, from 8:30 to 9:30 a.m. Due to workload constraints, the number of applications accepted each day is limited. Once the number of applications received for the day is reached, excess applications will not be processed until the following business day. The Short-Term Loan Program is not available between quarters and during officially designated University Holidays. Please refer to the schedule below for application dates. After submitting your application, we will notify you whether or not your loan is approved.
The 2012-2013 Emergency, Short-Term and Assistant Loan
Program is available to students on the following dates each quarter:
Fall 2012:
Graduates: August 17 – November 8Undergraduates: September 4 – November 8
Winter 2013:
All Students: December 3 – February 15(Not available during winter break, December 22 - January 1)