Short Term Loans

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

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: