|
|
|
Financing a Computer
The purchase of a new computer is considered a legitimate educational expense
by lenders. If the cost of a new computer, in addition to your other educational
expenses, exceeds your University approved student budget (“Cost of Attendance”),
you may request an increase in your private loan eligibility. The loan increase
would be permitted as a one time adjustment during your tenure at USF. The amount
would reflect the actual cost of the computer up to $3,000. Funding is not made
in advance of the purchase; students are reimbursed.
To obtain increased loan funds for a new computer, enrolled students must complete
the follow:
- purchase the computer before or during the school year (not earlier than
July 2nd)
- submit the USF Law School Computer Budget Increase form with receipts and
a product invoice (a complete invoice listing all purchased products and accompanying
software is required to ascertain the educational value of the purchase) to
the law school Financial Aid Office in a timely fashion before the end of the academic year (no later than April
1st)
- receive approval of the budget increase from the law school's Financial
Aid Administrator
- contact your private lender to apply for the additional amount approved
by the Financial Aid Administrator. Graduate PLUS loan borrowers must submit
a letter to the law school Financial aid Administrator requesting additional
Graduate PLUS loan funds
Note: Graduate PLUS and privaate loans are subject to lender discretion and
based on credit worthiness.
Although students may be reimbursed for the purchase of a new computer through
educational loans it is recommended that students give full consideration to
the final cost, including accrued interest, before deciding to exercise this
loan option. Inquiries about financing a computer purchase should be directed
to our Financial Aid Office via e-mail at lawfinaid@usfca.edu
or by telephone at (415) 422-6210.
|
|
