Financing Your Education through Private Student Loans
With careful use, private loans can help to bridge the gap between the cost of Extension programs/courses and your ability to pay for them.
Students have the right and the ability to select the private loan lender of their choice. We encourage you to review the lender terms and conditions and carefully consider the benefits and repayment information before choosing a lender. Please note that Extension programs and courses are not eligible for federally sponsored (Title IV) financial assistance.
The University of California Office of the President has put together a list of recommended lenders. You are not required to use any of the lenders on the list, but are simply provided for your convenience. If you have specific questions related to your credit history, the contact information for alternative loan lenders is available on the Student Loan Application Portal on the UCSB Extension Private Lenders website.
To secure your loan for Extension you must do the following:
- In order to receive loan proceeds, you must apply to the lender directly.
- Your student loan must be certified by Extension and approved by the bank at least four weeks prior to your first class meeting.
- In order for loan to be certified, please contact UCSB Extension with your proposed courses.
- Loans are certified each term for a maximum of the total amount of course fees, $35 for Extension’s loan certificate fee, $150 for the certificate of candidacy fee, and $150 towards textbooks.
Per HEOA guidelines, our office adheres to the University of California Student Loan Code of Conduct.
It is recommended that you begin the loan application process early as UCSB Extension does not enroll students in courses until payment is received, and applying for a loan does not reserve a space in the course.