Redlands Loan


The Redlands Loan is designed to help meet the financial needs of University of Redlands' undergraduate students and is packaged according to the University's packaging policy for the current financial aid year. Funding is limited. Repayment of the Redlands Loan begins 6 months after a student graduates, withdraws from school, or drops below half-time enrollment. The interest rate for this loan is fixed at 5%. The loan may be repaid over a period of 10 years. The amount of the installment payment will depend upon the size of the loan debt, but the minimum monthly payment is $50.

If a student is awarded a Redlands Loan, an e-mail explaining the steps to accept the loan will be sent to their University of Redlands e-mail address from UNISA. First-time borrowers will receive three separate emails; one for each required step. Previous Redlands Loan borrowers will receive one email from UNISA. 

Accepting the Redlands Loan

If this is your first time accepting the Redlands Loan in your financial aid award, you must complete all of the following: Entrance Interview, Truth-in-Lending Act Disclosure (TILA), and Master Promissory Note (MPN). You will receive a separate email from UNISA to complete each of these required steps. 

The Entrance Interview is designed to help you better understand the terms and conditions of the Redlands Loan you are borrowing, as well as your rights and responsibilities before you borrow money. Please follow the instructions below to complete your Entrance Interview.

  • When asked to select a loan choose "Institutional Loans" for the type of loan you expect to owe after graduation.
  • When asked for loan details, please select the following: Fixed Interest Rate = 5%; Frequency = Monthly; Length = 10 yrs; Minimum = $50.
  • For any section that is not applicable (references, spouse, etc.) – Input "NA" or "N/A"

The Truth-in-Lending Act Disclosure (TILA) is designed to promote the informed use of consumer credit, by requiring disclosures about its terms and cost to standardize the manner in which costs associated with borrowing are calculated and disclosed. If you have borrowed a Redlands Loan before, you are only required to complete the Truth in Lending Act disclosures. *Please note that the TILA must be completed before you are eligible to sign the MPN and the TILA must be completed on a yearly basis. The TILA document will be sent to you from UNISA Inc. 

The Master Promissory Note (MPN) is the document that makes you legally responsible for repaying your Redlands Loan.

Exit Interview

University policy requires that you complete an Exit Interview upon graduating or separating from the university. This process is crucial and will provide you with important information in regards to repaying your loan.

We will receive confirmation once these processes have been completed.


Beginning November 1st 2017, the University of Redlands has transitioned loan servicing from ACS (Conduent) to UNISA Inc. You can get more information about your loan by visiting their website at or by calling (800) 875-8910.