Financial Crisis Response Team announces new housing resource

 The UC Santa Barbara Financial Crisis Response Team is providing low-income undergraduate students with grants to pay housing costs for 2024-25.

The “Security Deposit Program” is available to undergraduate students who are currently enrolled in six units or more and “demonstrate financial need,” according to a press release by the Financial Crisis Response Team (FCRT). 

California Dream Act students and international students are also eligible for the grant — two student populations that historically receive little financial resources from the university, primarily due to limited employment options. 

The resource will also provide the opportunity for reimbursement on security deposits paid after Jan. 1, if eligibility criteria are met. 

The FCRT assists UCSB students who are “facing significant financial difficulties that jeopardize their path to graduation through emergency funding and resource connection,” according to its program outline.

The Nexus will continue to report on this topic as more information becomes available. 

 A version of this article appeared on p. 5 of the Feb. 15, 2024, print edition of the Daily Nexus.