The Emergency Loan is a short-term, interest-free loan available to undergraduate students for up to $500 and graduate students for up to $750 per semester. The loan is due on the last day of the month after it is taken out (e.g. a loan taken out any day in February will be due March 31). As long as it is paid on time, there is no fee or interest. If it is paid late, there is a one-time late fee of $10.
To apply for an Emergency Loan, please email [email protected] rather than visiting Carruthers Hall in person. Emergency Loans can only be obtained during the semester (i.e., the first day of classes through the last day of classes), and are only available to Summer Session students if they are enrolled in the following fall term. The last day for spring graduates to obtain an Emergency Loan is March 31. The last day for fall graduates to obtain an Emergency Loan is October 31. Past due balances must be paid prior to obtaining an Emergency Loan.
Honor Loan Fund
The Honor Loan is a short-term, interest-free loan available to full-time graduate and undergraduate students. This loan is administered by the Office of the Dean of Students. For more information, please visit ODOS in Peabody Hall or call (434) 924-7133 to make an appointment. You can also access information on the ODOS website.