The lower-interest backed Berkeley Loan is offered towards an incident-by-circumstances base in order to Berkeley children that have financial you need which see all of the almost every other educational funding qualification requirements.
Earlier mortgage readers, please note: If you borrowed a Berkeley Institutional Loan or Summer Berkeley Loan before , you should have received an email from Heartland ECSI informing you of this change and that your account balance has been transferred to Heartland ECSI. Which email notification is sold with good Heartland Secret which allows you to log into the new Heartland ECSI web site to check your account and you will financing suggestions.
The fresh Berkeley Financing would-be included as part of your educational season school funding plan when you find yourself qualified. You can view your financial assistance package in CalCentral. If you decide to obtain the Berkeley Financing, you ought to complete the following the online procedure.
For brand new Institutional Berkeley Financing at the UC Berkeley, you should finish the requisite process by the after the due dates:
Please be aware: To receive reimbursement from this loan before the end of the fall term, whether or not you will be attending the spring term, please complete your loan requirements by November 30. Berkeley Loan processing will be on hold between December 10 and January 2. payday loans OH If you accept the loan during this period, you will be able to begin the online process after January 2. Loan requirements completed after November 30 will result in refunds issued in January.
Step one. You can only accept or decline this loan once online via CalCentral. If you miss the opportunity or need to accept an additional loan, please open a case on Cal Student Central.
2. 1 to 2 business days after you accept your loan, you will receive an email from Heartland ECSI advising you to complete the required online process (master promissory note, entrance loan counseling, and truth in lending agreement documents).
The email will contain a Heartland PIN required for successful login and authentication. Please wait to receive this email before proceeding to Steps 3 and 4. If you try to complete the following steps before getting the email notice from Heartland ECSI, you may not be able to login, or you might have to complete the entire process again. Check all email folders, including the spam folder for this email.
Step 3. After receiving the email described in Step 2, complete your Master Promissory Note and Entrance Loan Counseling (combined with the Truth In Lending Agreement documents) through Heartland ECSI’s electronic promissory notes.
Step 4. Select the promissory note/entrance loan counseling process to proceed. This process consists of the Master Promissory Note, Entrance Loan Counseling (a small multiple-choice quiz), and Truth In Lending Agreement documents (includes references). Once you have completed the process online, Heartland ECSI will send the electronic data to UC Berkeley after the mandatory rescission period (about 3 business days after the online process is completed) ends. Your loan requirement checklist will be updated after we receive this data.