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.
*College Graduate Rebate is available on all new and unlicensed 2022 4Runner, 2022 Avalon, 2022 Avalon Hybrid, 2022 C-HR, 2022 Camry, 2022 Camry Hybrid, 2022 Corolla, 2022 Corolla Cross, 2022 Corolla Hatchback, 2022 Corolla Hybrid, 2022 GR Supra, 2022 GR86, 2022 Highlander, 2022 Highlander Hybrid, 2022 Mirai, 2022 Prius, 2022 Prius Prime, 2022 RAV4, 2022 RAV4 Hybrid, 2022 RAV4 Prime, 2022 Sequoia, 2022 Sienna, 2022 Tacoma, 2022 Tundra, 2022 Tundra i-FORCE MAX, 2022 Venza, 2023 4Runner, 2023 Camry, 2023 Camry Hybrid, 2023 Corolla, 2023 Corolla Cross, 2023 Corolla Cross Hybrid, 2023 Corolla Hatchback, 2023 Corolla Hybrid, 2023 GR Corolla, 2023 GR Supra, 2023 GR86, 2023 Highlander, 2023 Highlander Hybrid, 2023 Mirai, 2023 Prius, 2023 Prius Prime, 2023 RAV4, 2023 RAV4 Hybrid, 2023 RAV4 Prime, 2023 Sequoia, 2023 Sienna, 2023 Tacoma, 2023 Toyota Crown, 2023 Tundra, 2023 Tundra i-FORCE MAX, 2023 Venza, 2023 bZ4X. Toyota Certified Used Vehicles (TCUVs) and Scion Certified Pre-Owned Vehicles are not eligible for the Rebate Program. Subject to the foregoing limits and requirements below, the College Graduate Rebate 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, 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 05-03-2023 through 05-31-2023. 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. See dealer for details. Must pay sales tax. Void where prohibited by law. Not redeemable for cash. ©2023 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.