Emergency Student Loans are short term loans of up to $150.  Under extreme circumstances, an applicant may apply for more than $150, but this is only with the approval of the Interim Director of  Enrollment Services.

Criteria for an Emergency Loan:

1. Applicants must be enrolled during the same semester in which the loan is being requested.

2. Applicants must complete the Emergency Loan Application in full, including a  local and permanent address along with addresses of two persons who will always know applicant's address.

3. After the Emergency Loan application is completed, it must be approved by the Associate Vice President for Enrollment Services.  After approval, it normally takes a day and a half to be processed.  On occasion, this process can take longer as it must be processed by two additional university offices.

4. A HOLD is immediately placed on the applicant's records once the Emergency Loan Application has been approved and will remain until the loan, and any interest due, has been paid.

5. On the day the check is to be picked up, the applicant must first go to the Office of Enrollment Services, 2400 Meisler Hall, to pick up a check release.  The applicant will take the check release to the Student Accounting Office to sign the Promissory Note and pick up the check.  Checks will not be released until after 1 p.m. on the first day available.

6. Emergency Loans are to be repaid within 30 days to avoid a 1% per month interest penalty.  The loan must be repaid before the end of the semester.  Otherwise, a HOLD will remain on the student's registration and records.

7. The loan is paid back at the Student Accounting Office.  No personal checks are accepted.  Payment must be made by cash, cashier's check, money order, Visa, American Express, MasterCard or Discover card.  Interest owed must be included.  Partial payments cannot be accepted.

8. After the loan is paid at the Student Accounting Office, the receipt is brought to the Enrollment Services Office and the HOLD on the student's record will immediately be cleared.

9. Students may apply for one Emergency Loan per semester.