Skip to Main Content
UCLA Student Loan Services and Collections
UCLA Student Loan Services and Collections - Debt Management

Interest-free short-term loans are available to students only through Loan Services. Short-term loans are always due on the 20th day of the following month from the date borrowed.

To qualify for a short-term loan, you must be a UCLA student*, enrolled within the current quarter, have paid student services fees, and have no outstanding short-term loan. You must present one of the following picture ID's: Bruin Card, driver's license, state ID card, military ID, or passport.

We offer three types of short-term loans:

  • Emergency Loan: A loan of up to $200.00 for those who meet the above criteria.

  • Living Expense Loan: A loan of up to $350.00 for those who meet the above criteria and are employed. Written employment verification on company letterhead must be provided by you from your employer.

  • Financial Aid Advance: A loan to help when there is a delay in current quarter/semester financial aid disbursement. This particular type of loan or 'advance' is generally made against yet-to-be disbursed current quarter/semester Federal Direct, Direct Grad PLUS, Perkins Loans; University/Regents Loans and Dream Loans as well as electronically-disbursed Federal Parent PLUS Loans.

Before obtaining a short-term loan, you must fill out a promissory note agreeing to the following:

  • You promise to pay to the Regents of the University of California for the value received from the short-term loan funds by the due date.

  • You promise to keep Loan Services informed of your current address as long as any portion of this loan remains unpaid, and to answer all correspondence promptly concerning this financial obligation.

  • You understand that if you fail to repay the loan in full by the due date or obtain an extension of repayment before the due date, your loan account will be in default and a $10.00 late fee will be assessed against you.

  • Your defaulted loan account may be subject to further collection actions including the withholding of transcripts, diplomas, and registration materials; referral to commercial collection agencies; litigation in Small Claims, Municipal, or Superior Court; reporting to credit bureaus; and offsetting of State tax refunds.

  • You promise to pay all attorney's fees, late charges, and other collection costs and charges necessary for collection of any amount not paid when due.

  • In the event you tender a check that is returned for insufficient funds, you will be subject to California Civil Code, Chapter 522, Section 1719.

Short-term loans are available through the Loan Services Office. To request a short-term loan, go to the Contact Us page to view the program schedule.

*Please note that this program is not available to UNEX students.