Santa Clara University

Financial Aid

Full and partial scholarships are available for the Certificate in Technology Entrepreneurship program based on merit.

Loan Options

For U.S.Citizens or eligible non-citizens:

Ford Federal Direct Loans:

FAFSA application is required. Depending on the student’s Expected Family Contribution (EFC) - which is calculated based on information submitted on the FAFSA, students may qualify for Subsidized Loans or Unsubsidized Loans.  Direct Loans have a fixed interest rate of 6.8%.

Subsidized Direct Loans are need-based loans.  Students do not pay interest on subsidized loans while enrolled at least half time or during the six-month grace period after completing the program.  Interest begins to accrue at repayment.

Unsubsidized Direct Loans are non-need based loans.  Interest accrues on unsubsidized loans beginning at disbursement.  Interest continues to accrue during school, the six-month grace period and during repayment.

Dependent students qualify for $5,500 in Direct Loans for each academic year.

Independent students qualify for an additional $7,000 in Unsubsidized Loans for each academic year.  Independent students must be able to answer “YES” to any the following questions listed on the FAFSA Application:

• Are you 24 years of age or older?
• Are you working on a Master’s/Doctorate Program?
• Are you married?
• Do you have children that you support?
• Do you have dependents other than children/spouse?
• Are you an orphan or ward of the court?
• Are you a veteran of the U.S. Armed Forces?

All Direct Loan borrowers must complete the following prior to receiving loan money:

• Sign a Master Promissory Note e-signature at https://dlenote.ed.gov
• Complete the Entrance Counseling tutorial online at www.dlssonline.com
• All students must be enrolled at least half time (4.5 units per quarter or more) to qualify for Direct Loans.

For International Students (and U.S. citizens who may need additional loan funding)…

Private Alternative Loans:

• FAFSA Application is not required.
• Interest rates are generally variable and are typically higher than federal loans.
• Most Private Alternative Loans required a co-signer (for international students, a co-signer is required and s/he must be a U.S. citizen).

All Private Alternative Loans are Unsubsidized (interest begins accruing after the first disbursement).

Students must:

• Choose a lender (please visit our web site below for additional information on how to choose a lender)
• Apply for the loan online using the lender’s loan application process on their web site.
• Complete a Master Promissory Note online using the lender’s web site.

Please visit the following website for additional information:  http://www.scu.edu/financialaid/loan/credit.cfm

All loan funds will be sent to the school and credited to your Bursar account automatically after all loan documents have been completed.

Program Costs

* Generous merit-based scholarships are available.

Program fees include Curriculum, English Course, Meal Plan, Conference, and Program Administration. Students able to waive the English course will receive a $1,000 refund from the Program Fees.

Additional Costs