Short term loans are small, one-time loans issued by the university. The loan is requested by visiting the Office of Financial Aid and the check is issued by the Student Financial Services/Bursar's Office. Unlike other student loans, these loans must be repaid within the semester and are only intended to address short-term financial emergencies.
Short-term loans are borrowed for temporary issues such as:
In normal circumstances, students may only receive one short-term loan of up to $700 per semester. However, students may submit an appeal for additional short-term loans by completing the following steps:
Note: Daniels and Kane Scholars are not required to submit an appeal if emergencies arise from the timing of their scholarship refunds.