GPB has established an Emergency Short-Term Loan Program for eligible graduate students. The purpose of this program is to provide loans to students who have an immediate need for funds due to delayed disbursement of stipend or payroll salary. The program is not intended to provide loans for other personal financial hardship. If a student is facing financial hardship not related to delayed payment, additional information for other resources available on campus is provided in the last section.

Eligibility

  • A delay in current monthly stipend or payroll disbursement
  • Must be enrolled within the current quarter
  • All student services fees are paid
  • Have no other outstanding UCLA short-term loans
  • UCLA billing account must be clear with no account holds

Policy Details

  • Loans can be approved up to $3,125. Requests above this amount will be reviewed on a case by case basis
  • Checks will be issued in person by the UCLA Student Loan Services Office (A-227 Murphy Hall) within the same day of signing the loan application
  • Loan amount will be assessed on the student’s BAR account
  • Repayment must be paid in full via BruinBill by the 20th of the month following the date borrowed. If a student fails to repay the loan in full by the due date, a $10 late fee will be assessed
  • Loan cannot be used to pay registration and tuition fees
  • Any previously received UCLA short-term loan must be paid in full before obtaining another

Application Process

  • Contact Thandar Hagen (thagen@mednet.ucla.edu) in the GPB office to request a loan
  • GPB office will approve or decline the loan request
  • If request is approved, complete the Short-Term Loan Application and sign the promissory note provided by the GPB office. The promissory note shall be a legal obligation of the student
  • To obtain the emergency loan check, student must present the loan application, signed promissory note, and a picture ID (Bruin Card, driver’s license, or passport) in person to the Loan Services Office (A-227 Murphy Hall, 9AM to 12PM and 1PM to 4PM weekdays)

Other Financial Resources on Campus

  • UCLA Student Loan Services & Collections Office: provides interest-free short-term loans: 
    • Emergency Loan: up to $200
    • Living Expense Loan: up to $350
    • Financial Aid Advance: a loan to help when there is a delay in current quarter/semester financial aid disbursement
  • UCLA Financial Aid and Scholarships Office: financial assistance that enables students to borrow money from the federal government or private lenders
  • Economic Crisis response (ECR) Team: provides support to students who have either disclosed or have been referred by faculty or staff with financial crises. ECR assist with emergency housing, emergency short term loan, emergency grant, meal vouchers, and support with navigating campus resources.
  • UCLA CalFresh Initiative: a federally-funded food assistance program. Many students qualify for CalFresh and can receive up to $250/month to spend on groceries at places like Ralphs, Trader Joe’s, Whole Foods, Target, and participating Farmers Markets.