Illinois State University has a Short Term Emergency Loan
program. A student that has an emergency need for funds goes
to the Financial Aid Office to request a loan. The Financial
Aid Office will have the student fill out a loan request
stating the reason for the loan. They will work with the
student to determine if the loan is needed, if the amount
requested is necessary, and also the method of repayment. A due date is
then agreed upon if the student is approved for a loan. Any
questions regarding this procedure need to be directed to the
Financial Aid Office at 309-438-2231.
After the Financial Aid Office approves the loan, the student signs a
promissory note agreeing to repay the loan. The Financial Aid
Office fills out a voucher, which is taken to the Cashiers'
Office with the promissory note. A cashier then issues cash
for the amount of the loan.
Initiating body: Vice President for Finance and Planning
Contact: Student Accounts (309-438-5643)
Revised on: 05/2003
