Making the grade: How to qualify
To qualify for the rebate, you’ll need to meet the following graduation, employment, insurance and credit criteria requirements.
Earn your degree. To take advantage of the program, you must meet one of the following:
Get to work. At contract signing, show proof of present employment or future employment with a start date within 120 days of your purchase contract date. Note that TFS must deem your income sufficient to cover living expenses and vehicle payments.
If you meet all the above criteria but have experienced credit lapses, don’t give up. You may still qualify if you’ve paid off your obligations within 60 days or less of the due date and do not have charge-offs totaling more than $750 in the past 24 months.
The applicant or co-applicant must meet all of the college graduate program qualifications.
See your participating Toyota dealer.