2.1.25 Emergency Short-Term Loans

Illinois State University has an Emergency Short-Term Loan program. A student with an emergency need can request a loan by contacting the Financial Aid Office. In order to be eligible for emergency funding, anticipated aid must be available for the current term and the expenses must be part of the Cost of Attendance.The Financial Aid Office makes the determination on approvals or denials of short-term loan requests. The decision of the Financial Aid Office is final. Loan requests approved require a signed promissory note. If, for any reason, the student's financial aid does not apply to the Short-Term Loan charge, the student is required to pay the Short-Term Loan in accordance with the terms of the promissory note. Failure to pay the Short-Term Loan may result in registration blocks for future semesters and late fees. Any questions regarding this policy should be directed to the Financial Aid Office at 309-438-2231.