In order to request these loan funds, you will be required to submit documentation in the form of a receipt for your computer purchase. You are only eligible to receive an increase to your cost of attendance for a laptop and software ONE TIME during your academic career at the Monterey Institute.

If you need the funds prior to the purchase of your laptop, you will need to go online and get a printout of the computer you intend to purchase, and submit it along with the laptop request form to the Office of Student Financial Planning. After we have processed your request, we will send a revised award letter to you, at which time you may apply for the funds to purchase your laptop. Please be aware that you cannot get any financial aid funds prior to the first day of classes, and you should not expect a refund check before the second week of classes.

After you purchase your laptop, you will be required to submit a copy of the receipt of the purchase for your financial aid file. If you fail to do this, your financial aid will be reduced the following semester by the amount of the increase you were given to purchase the laptop.

If you have the funds to purchase a laptop ahead of time, you can be reimbursed for the purchase via student loans if you provide a receipt to the Office of Student Financial Planning, so long as the purchase was made after July 1, 2009 for students beginning in the Fall and after December 19, 2009 for new students entering the Spring semester. However, in some cases, the increase may be in the form of Graduate PLUS loans, or private alternative loans, both of which are credit based loans, so you will want to be sure you have an acceptable credit history to be approved prior to making your purchase.

If you have any questions regarding this program, feel free to contact the Office of Student Financial Planning at 831-647-4119, or via email at finaid@miis.edu.