This program is intended for students who need funds to meet emergency education related expenses. There are qualifications for interested loan candidates to meet.
Eligibility and Important Information
- This is a signature loan that can be awarded up to $1,000 with an APR of 9%.
- You must be a U.S. Citizen or permanent resident to be eligible.
- Registration Requirements must be met:
- You must be registered at least half-time at the University of Nebraska - Lincoln, or
- Certified as half-time by the Graduate College, or
- Registered at least half-time as an intercampus student with at least one credit hour of enrollment at the University of Nebraska – Lincoln with UNL being your degree granting campus.
- You must have a minimum cumulative GPA of 1.5 in order to receive a Short-Term Loan
- Full-time employees are ineligible.
- Short-Term Loans will have a maturity/due date within two to three months or before graduation, whichever is first. The due date is always the last day of the month.
- Short-Term Loans may be prepaid without penalty.
- If a loan is not paid in full by the maturity date:
- A late fee of $25 will be assessed
- Interest increases from 9% to 12% annually.
- A hold will be placed on your account which prohibits the release of transcripts and diplomas and prohibits future enrollment.
You may lose eligibility to receive Short-Term Loans in the future.
Please Note: You have the month after the due date to either pay in full or sign a pay plan to stay eligible for future Short-Term Loans.
Applying for a Short Term Loan
Applications for Short-Term Loans are completed in the Office of Scholarship and Financial Aid
Office of Scholarships and Financial Aid
Phone: (402) 472-2030
Email: financialaid@unl.edu
Office of Scholarships & Financial Aid
12 Canfield Administration Bldg
P.O. Box 880411
Lincoln, NE 68588-0411
Paying your Short Term Loan
The Office of Student Accounts is responsible for the collection of University Short-Term Loans.
We accept cash, check, cashier’s check or money order in our office or via US Mail. We are located at:
Office of Student Accounts/Short-Term Loans
Phone: (402) 472-2030
Fax: (402) 472-2959
Email: financialaid@unl.edu
Office of Student Accounts/Short-Term Loans
124 Canfield Administration Bldg
P.O. Box 880414
Lincoln, NE 68588-0413