I need an emergency loan. What is the process? #pay #off #debt

#emergency loan

I need an emergency loan. What is the process?

The Financial Aid and Scholarships Office offers short-term emergency loans to graduate and undergraduate students. These interest-free loans are designed to help students meet unanticipated expenses directly related to the cost of education.

Obtain a short-term emergency loan in three easy steps: 

  1. Apply via MyFInAid (A $20 application fee will be charged to CARS)
  2. Sign Promissory Note
  3. Pick up check at Cal Student Central or funds will be disbursed to CARS

Please remember: 

  • A block may prevent your ability to obtain an emergency loan. 
  • An existing balance from previous emergency loan may prevent your ability to obtain a new emergency loan. 
  • You have 60 days to repay an emergency loan before late fees and blocks are placed on your account. 
  • Sign up for EFT to direct deposit funds. Emergency loans paid via EFT may take 3-5 business days to process. 

Available dates: 

Fall 2014: August 21-December 19

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