Take the test you'll enjoy: A Toyota test drive
School may be out for you, graduate, but there's still more to learn - and earn. If you've obtained a degree within the last two years or will graduate within the next six months, you may qualify for the Toyota College Graduate Finance Program, featuring a $500 rebate toward the purchase or lease of select new Toyotas through your Toyota dealer and Toyota Financial Services (TFS).
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.
- Learning is Earning. Turn your degree into a hard-earned rebate!
- Let the Savings Commence. $500 rebate* on all new unlicensed Toyota models when you finance or lease through a Toyota dealer and Toyota Financial Services. Plus, no payments for 90 days on select finance programs!
- The Qualifications. Proof of graduation in the past 2 calendar years or in the next 6 months and proof of current employment.
- Vehicle Maintenance and Protection. Take care of your new ride. Ask your dealer about optional programs from Toyota Financial Services that can help maintain and protect your new vehicle.
The applicant or co-applicant must meet all of the college graduate program qualifications. See your participating Toyota dealer or call (800) GO-TOYOTA for more information.
College Graduate Rebate is available on all new and unlicensed Toyota vehicles. Toyota Certified Used Vehicles (TCUVs) and Scion Certified Pre-Owned Vehicles are not eligible for the Rebate Program. College Graduate Finance Program (which is not a rebate and instead offers competitive APRs and lease terms) is available on the lease or finance (including preferred option) of all new and unlicensed Toyota models or on TCUVs or Scion Certified Pre-Owned Vehicles. Subject to the foregoing limits and requirements below, the College Graduate Rebate Program and College Graduate Finance Program are available upon credit approval from and execution of a finance or lease contract through Toyota Financial Services (TFS) at participating Toyota dealers. Not all applicants will qualify. To qualify for the College Graduate Rebate Program and College Graduate Finance Program, customers must be currently enrolled in a graduate degree program from an eligible school (as defined below), or enrolled in or be a graduate from an eligible school and provide proof of graduation (showing an upcoming graduation within six months OR a recent graduation within two calendar years from the date of signing your vehicle lease or finance contract) from one of the following eligible schools located in the 50 United States, Puerto Rico, or U.S. Virgin Islands: (a) an accredited four-year college, university or registered nursing program; OR (b) an accredited two-year college associate degree or an undergraduate academic degree as awarded by community colleges, junior colleges, technical colleges and universities; OR (c) an accredited two-year trade or vocational school; OR (d) an accredited graduate school. In all cases, the student will have two calendar years from receipt of their degree to take advantage of the program. Must provide proof of qualification and any one of the following documents will be accepted: (a) copy of diploma; OR (b) letter from the college/university/trade school registrar's office stating graduation date and type of degree or certification earned; OR (c) copy of the final transcript confirming graduation date and type of degree earned; OR (d) copy of current transcript (or letter from college/university registrar's office) confirming current enrollment in a graduate degree program. Eligible customers must also meet credit approval requirements and furnish proof of present or future employment (which will begin within 120 days of credit approval) when submitting credit application. Customer must also be approved for credit by, and finance the Vehicle through Toyota Financial Services (TFS) at participating Toyota dealers. During the last 24 months, all obligations on your credit report must have been paid within 60 days of the due date, and your credit report must not show more than $1,000 in total charge-offs. Rebate offered by Toyota Motor North America. Rebate will be applied on TFS lease agreements toward the amount due at lease signing or delivery or capitalized cost reduction or the down payment on TFS finance contracts. Limit one rebate per lease or finance transaction. College Graduate Rebate Program may not be combined with the Toyota Military Rebate Program. Vehicle must be taken from dealer stock. Rebate valid on contracts executed between 02-01-2023 through 02-28-2023. College Graduate Programs are subject to change or termination at any time. Some restrictions apply. Programs are not available in AL, FL, GA, HI, NC, and SC. Rebate terms may be more generous in your local area. Ask your participating dealer about the college graduate rebate terms in your area. Under the College Graduate Finance Program, competitive APRs and lease terms are available on eligible finance contracts with terms up to specified number of months for retail and lease and preferred option financing on new vehicles. See dealer for details. Must pay sales tax. Void where prohibited by law. Not redeemable for cash. ©2022 Toyota Financial Services. All rights reserved. Toyota Financial Services is a service mark used by Toyota Motor Credit Corporation (TMCC). Retail installment accounts may be owned by TMCC or its securitization affiliates and lease accounts may be owned by Toyota Lease Trust (TLT) or its securitization affiliates. TMCC is the servicer for accounts owned by TMCC, TLT, and their securitization affiliates. If you are a student who will graduate from college in the next six months or have graduated in the past two years, you may be eligible for Toyota's College Graduate Rebate Program. You may also be eligible if you are enrolled in or have graduated from a graduate program, have completed a two-year post secondary automotive program accredited by the NATEF or have completed an electrician certification program through NJATC and the IBEW. Can be combined with other Toyota Special offers! Toyota Financial Services College Graduate Program is available on approved credit through participating Toyota dealer and Toyota Financial Services. Not all applicants will qualify. Incentive offered by Toyota Motor Sales, U.S.A., Inc. On lease contracts, incentive must be applied toward the Amount Due at Lease Signing or toward the Capitalized Cost Reduction. On finance contracts, incentive must be applied toward the Down Payment. One incentive per finance or lease transaction. Not compatible with the Toyota Military Incentive Program. College Graduate Program is subject to change or termination at any time. Some restrictions may apply. SEE DEALER FOR DETAILS.Program may not be available in all states. On eligible finance contracts with terms up to 60 months (up to 72 months for Camrys) first payment may be deferred for first 90 days on eligible new Toyota vehicles; finance charges accrue from contract date. Deferred payment not available in Pennsylvania or in connection with the preferred option financial plan. Covers normal factory scheduled service. Plan is 2 years or 25K miles, whichever comes first. The new vehicle cannot be part of a rental or commercial fleet, or a livery/taxi vehicle. See participating Toyota dealer for plan details. Valid only in the continental U.S. and Alaska. Roadside Assistance does not include parts and fluids. Prius Plug-in Hybrid comes with an extra year of roadside assistance, for a total of three (3) years from date of purchase.