Alternative Loans

APPLICATION INSTRUCTIONS

  1. Complete the Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov.  (International students must complete a paper FAFSA and contact the Financial Aid Office after you have successfully applied for the loan).
  2. After your FAFSA has been successfully processed and you have been notified by our office that your financial aid package is available for viewing on MyAwards, log on to financialaid.ucdavis.edu/MyAwards to view your awards and all requirements.
  3. Once you have borrowed the maximum amount of Direct Loans that you are eligible for, you may apply for the Alternative Loans through the link provided below for the periods indicated. You (the student) must be enrolled in units before you apply for the loan.
  4. Undergraduates should use school code 001313-74 when completing an Alternative Loan Application.

2009-2010 Academic Year Loan Period is 09/21/09 to 06/10/2010:   Apply between June 1, 2009 and May 14, 2010

SELECT A LENDER AND APPLY FOR ALTERNATIVE LOANS

Please review the loan chart to determine the maximum loan amount allowed for your grade level:


2009-2010 Direct Loan Program Maximum Loan Amounts
 
Subsidized
Unsubsidized
Annual Limits Total Amount
Dependent Undergraduate (1)
Freshmen (0-44.9 units)
$3,500
$2,000
$5,500
Sophomores (45-89.9 units)
4,500
2,000
6,500
Juniors (90-134.9 units)
5,500
2,000
7,500
Seniors (135 + units)
5,500
2,000
7,500
Independent Undergraduates (and dependents whose parents are unable to borrow under the PLUS program)
Freshmen (0-44.9 units)
$3,500
$6,000
$9,500
Sophomores (45-89.9 units)
4,500
6,000
10,500
Juniors (90-134.9 units)
5,500
7,000
12,500
Seniors (135 + units)
5,500
7,000
12,500