General Frequently Asked Question
How do I get a private loan for continuing education?
Ways to Finance Your Education
Ready for advanced professional education but not sure how to afford it? A range of resources is available for UCSC Silicon Valley Extension students looking for ways to finance continuing education.
- Students in UCSC Extension courses and certificate programs may be eligible for tax credits, job training grants, and other financial assistance.
• Working students may qualify for employer reimbursement from many companies.
• Private loans are also available. You will find important information and a helpful chart comparing terms offered by prominent lenders by clicking our Student Loan Lender List. UCSC Extension does not endorse any financial institution.
Private Continuing Education Student Loans
UCSC Extension students can apply for a private student loan that includes course fees and textbook costs. You do not need to be enrolled in a degree program, but you do need to declare candidacy in one of our certificate programs.
UCSC Extension does not endorse any financial institution. We have, however, worked with lenders on the list below. They offer competitive loans to students in continuing education programs.
How the Loan Process Works
The application process is generally completed online or via telephone. Once approved, a student loan check is disbursed to UCSC Extension, payable to the student. It is usually timed to arrive when needed to pay course fees. However, it can take four weeks after applying to receive the first loan check. We recommend that you begin the loan application process early. UCSC Extension will contact the student when the loan check is available. Applying for a loan does not reserve a space in the course. Payment is required at the time of enrollment.
In addition to considering the institutions on our Student Loan Lender List, you may want to contact your current bank or other lending institutions to see if they offer a student or continuing education loan. UCSC Extension will work with any student loan lender. Selecting a lender with whom we have an established relationship, however, may result in more expeditious loan certification and check distribution. UCSC Extension adheres to a UC-system wide code of conduct regarding interactions with lenders. For details, click here.
Students should consider all educational funding options prior to securing a private alternative loan. Remember to carefully review the terms and conditions, as the loan is from the lending institution and not from the school.
Because Extension does not offer formal degree programs, UCSC Extension students are not eligible for Title IV financial aid based on the Free Application for Federal Student Aid (FAFSA).