The UCSB Loan is awarded to undergraduate students who are California residents, who submitted their financial aid application (FAFSA or CADAA) on time, and who demonstrate sufficient financial need.
How to Apply
You must follow all steps to receive a UCSB Loan
- Apply for financial aid
- Be awarded the UCSB Loan on your award letter
- Accept your UCSB Loan through My Aid Status on the Student Loans tab
- Complete both the Entrance Counseling and UCSB Loan Promissory Note
- You can expect to receive an email from webmaster@ecsi.net within 2-3 business days after accepting the loan
- It may take up to 5 business days for your information to be uploaded into our system after you complete the loan requirements
- Entrance counseling and promissory note must be completed each year
Once all loan requirements are met and logged into our system, your loan will credit to your BARC account.
Interest Rate and Repayment
The interest rate for the UCSB Loan is 5%. The interest does not accrue until repayment begins.
Repayment begins nine months after the student graduates, leaves school, or drops to less than half-time.
Exit Requirements
When you leave UCSB, you must complete the Loan Exit Counseling. You should expect to receive an email notification with instructions on how to complete this requirement.
Warning: If your exit counseling is not completed, you will have a block placed on your BARC account which could affect your diploma.
Contact Information
ECSI - UCSB's Institutional Loan Servicer
UCSB Loan, CA Dream Loan, Federal Perkins Loan& UC Regents Loan
UCSB Loan Collections Office
UCSB Loan, CA Dream Loan, Federal Perkins Loan & UC Regents Loan