Shih Loan Program

About the Shih Loan Program

  • Made possible by the generous donation of Mr. and Mrs. Jeff and Constance Shih
  • Provides loans to students attending the University of California at Berkeley
  • A revolving loan fund and repayment of the loan allows the Shih Loan Program to be administered to future students
  • Interest-free while a continuing registered student
  • Must be repaid beginning six months after completing studies at UC Berkeley
  • Students may borrow one semester of non-resident tuition & fees per academic year
  • Applications are accepted on an ongoing basis & must be submitted in-person at Berkeley International Office (BIO)

Applicant/Borrower Eligibility

  • A Social Security Number (SSN) is required
  • Must be a full-time student at UC Berkeley or on Filing Fee
  • Must have completed two semesters in their current visa status and current degree level or have experienced a sudden change in their financial situation
  • May not have blocks against registration or must be using the Shih Loan to resolve financial blocks. All other blocks must be resolved with Cal Student Central before loan can be administered
  • Priority is given to students from China (including Hong Kong), Taiwan, and Singapore but is available to all qualified students who demonstrate need
  • Applications may be subject to a co-signer. The co-signer must be a U.S. citizen or Permanent Resident living in the U.S. and employed in a full-time position for at least the past year. The co-signer may not be anyone associated with the university (i.e. faculty, staff, or fellow students)

Loan Details

  • Students may borrow one semester of non-resident tuition & fees per academic year
  • Loans may be applied to living expenses if there is no tuition balance
  • Total amount of debt may not exceed the equivalent of one year’s tuition and fees
  • Repayment of the loan starts no later than six months following a student's last registered semester at UC Berkeley
  • Maximum repayment period of five years
  • No interest is charged on this loan while a student remains a full-time student pursuing a degree at UC Berkeley
  • The interest rate on the Shih Loan is fixed at 5%, and interest does not accrue until the loan goes into repayment.
  • There is no penalty for early repayment, or for payments larger than the required minimum
  • During the final semester, the student will be contacted for an online “exit interview” regarding loan repayment

How To Apply

  • Students must meet with a BIO adviser to discuss their interest in applying and obtain an application. See our Contact page for drop-in advising hours.