A UC Short-Term Loan may be available to help with tuition or related educational costs. Under this program a maximum of $2,000 may be borrowed for no more than 90 days. No interest is charged during this 90-day period but there is a $50 processing fee.
The University contracts with ECSI to service all loans so students should expect a bill/notice from ECSI within 30 days of the loan posting. Payment should be made, by the due date, to ECSI following the instructions in the notice.
Be advised, that if a loan is not paid back within 90 days, a penalty charge of 3/4% per month will be assessed (9% per year), and service blocks will be placed on the students account preventing registration and the receipt of transcripts, grades and diplomas.