Renewable for a second year. The following information describes the various loan programs available to Harris School students. Applicants who have outstanding Stafford or Guaranteed Student Loans may inquire with their original lenders about initiating an application. Those who have not previously borrowed from this program or who are ineligible to receive a loan from their original lending institution may contact a lender of their choice or use the application provided by the University's Student Loan Administration. Federal Perkins Loan Applicants who demonstrate financial need on the basis of federal guidelines may apply for the Federal Perkins Loan Program.
Funding is limited and the eligibility requirements are very highly restricted.
Unlike the two programs above, the interest is not subsidized while the student is enrolled in school. Depending on the lender, students may choose to defer the interest payments. The unpaid interest accrues and capitalizes during the in-school period. Payment of principal and interest begins six months after the student ceases to be at least a half-time student. Alternative Loan Program Students who are either ineligible for federal loans or have borrowed to the limits available under federal programs may opt for the UC Alternative Loan program.