Important Updates

If you have been selected for verification, the deadline is June 15, 2023. Please review your email for instructions.
For California Middle Class Scholarship updates, please visit MCS.
For Biden-Harris Administration’s Student Debt Relief information, please visit Apply for Federal Student Loan Debt Relief.

University Loans

Financial Aid and Scholarships recommends borrowing only what you need to pay for your educational expenses. Loans are repayable resources that will enter repayment when you graduate, stop attending school, or drop below half-time status. It is important that you take a moment to:

Create your in-school budget to estimate how much you will need to borrow each school year
Review the terms and conditions of each loan you borrow
Track your loan history

UC Davis offers university-based loans which have interest rates ranging from 3% to 8% which accrue once the borrower ceases to be enrolled at least half-time. These loans are made on the basis of financial need. Review the promissory note and disclosure statements for additional information about deferment periods and repayment schedules.

Please note: Non-California residents are not eligible for university student loans.

Minimum award: $200 | Maximum award: $4,000

University Loan Servicer

Heartland ECSI

Phone Number: (888) 549-3274

Hours: 7:30 AM - 9:00 PM EST, Monday to Friday

University Student Loan

UC Davis offers university-based loans that have interest rates at 5% which accrue once the borrower ceases to be enrolled at least half-time. These loans are made on the basis of financial need. Review the promissory note and disclosures statements for additional information about deferment periods and repayment schedules.

Minimum award: $200

Maximum award: $4,000

Loan Servicer: Heartland ECSI

Awarded to qualifying students that demonstrate financial need and file an educational expense appeal.
Funds are awarded to assist with additional living expenses, child care, and first-time computer purchase.
Limited funding may also be available for summer
Interest rate: 5%
Processing fee: N/A
Deferment period: 6 months
Does not require a credit check
2023-24 loan offers can be accepted or declined in MyAwards beginning July 3, 2023. Requirements can be completed after the loan has been accepted.

Attention 2023-24 University Loan borrowers: The Truth in Lending and Right to Cancel requirement access will be available after July 3, 2023.

University Computer Loan

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 (FAFSA) filers and undergraduate California Dream Act Application (CADAA) filers at UC Davis with a computer loan for up to $2,500. This loan can be requested once during a student's academic pursuit at UC Davis. The loan request can be submitted as a Cost of Attendance Appeal.

Minimum award: $200

Maximum award: $2,500

Loan Servicer: Heartland ECSI

Interest rate: 5%
Processing fee: N/A
Deferment period: 6 months
Does not require a credit check

California DREAM Loan

The California DREAM Loan Program provides eligible AB540 students with the option to borrow a California DREAM Loan to assist with the cost of attending UC Davis. The California DREAM Loan is based on a student's financial need. The promissory note and disclosure statements will provide the borrower with information about deferment periods and repayment schedules.

Minimum award: $200

Maximum award: $4,000

Loan Servicer: Heartland ECSI

Awarded to qualifying undergraduate students that:
- Have an approved residency determination of AB540 from the Registrar's Office
- Have filed the California Dream Act Application (CADAA) for the current academic year
- Enrolled in at least six (6) units
- Demonstrates financial need
Interest rate will change each year to correspond to the Federal Direct Subsidized Loan Interest Rate
Borrower is not responsible for paying the interest if:
- Enrolled at least half-time at an eligible school, OR
- Within six (6) months of having been enrolled at least half-time, OR
- During a period of deferment
Processing fee: N/A
Deferment period: six (6) months
Does not require a credit check
Students may borrow each academic year, based on eligibility, or until the maximum of $20,000 in DREAM loans is received
2023-24 loan offers can be accepted or declined in MyAwards beginning July 3, 2023. Requirements can be completed after the loan has been accepted.

Attention 2023-24 University Loan borrowers: The Truth in Lending and Right to Cancel requirement access will be available after July 3, 2023.

Jack Liter Loan

Awarded to students who are experiencing a shortage of funds and have reached the aggregate federal loan limits or are unable to borrow private loans to pay tuition and fees
Students must be in good standing with federal loans and submit an appeal for consideration
The appeal should be typed and include students full name, student identification number, desired loan amount, and a minimum of three (3) credit denial notices
The appeal can be submitted via Contact An Expert
Interest rate: 8%
Processing fees: N/A
Grace Period: 6 months
Does not require a credit check

Fradkin Loan

Established by Albert G. and Lillian R. Fradkin
Preference awarded to graduate students in good academic standing performing research in viticulture
More information is available at Albert G. & Lillian R. Fradkin Student Loan Fund
Interest-free annual loans awarded up to the cost of annual graduate student in-state educational fees charged by UC Davis
These funds shall be used to pay for living or educational expenses, with preference given to graduate students exhibiting financial need
Must be a U.S. Citizen
Repayment is to begin one year after a student ceases to be a full-time registered student at UCD or another university
Repayment shall be made over no more than 10 years, with the payments going to the Department of Viticultural and Enology and shall be used in making new loan awards