Short Term Funding Application( opens up in new home window)
The Short-Term Loan request will certainly open up on August 24.
About the Financing
The Short-Term Finance System provides inexpensive, temporary monetary help to CSU, Chico trainees for expenditures connected to their Educational institution participation. Temporary loans are available 500 loan online relying on availability of funds, and are actually implemented by means of the kindness of benefactors that have actually provided these funds. Short-term loan availability depends on pupils repaying their loans within 90 days.
If you experience technological challenges while accomplishing the Short-Term Loan request, please get in touchwiththe Financial Aid &amp;amp;amp;amp;amp;amp; Financial Aid Office at 530-898-6451 for assistance.
Terms of Lending
- The maximum loan is $500, where a $5 service fee is actually deducted. No rate of interest is actually demanded if the financing is paid off on time.
- You may obtain a single 500 loans no credit check every semester.
- If you are looking for a short-term loan and need to have muchmore than $500, satisfy create a consultation witha Financial Aid Specialist by naming 530-898-6451.
Eligibility for Short-Term Loans
To be actually qualified to get a short-term financing, a student:
- must be regularly accepted to the Educational institution and enrolled in the present loss or even spring season conditions. Students admitted via the Facility for Regional and Continuing Education or Open Educational Institution, as well as not regularly confessed to the Educational institution, are disqualified;
- must certainly not have a professors or even workers visit at CSU, Chico;
- must not have a superior temporary finance;
- must not have actually acquired a funding from this program in the current condition;
- must certainly not possess unresolved trainee document holds whichinfluence qualification for this solution, like unpaid educational institution equilibriums.
Financial aid pupils , satisfy details the observing settlement constraints:
- Fall temporary loans: Financial aid trainees who have actually not repaid a temporary lending coming from the fall term will definitely have the financing volume taken off coming from their springtime dispensation of funds.
- Spring short-term loans: All spring temporary loans must be paid back within 90 days yet additionally just before proof of purchase of financial aid for the upcoming year. Federal policies require that financial aid funds certainly not be actually made use of to pay previous year costs. Consequently, 500 loans no credit check borrowed in spring season may certainly not be actually paid back by the observing loss price. Financial assistance is going to certainly not be paid out until prior year fees are actually spent.
When are Short-Term Loans Available?
Short- condition loans are accessible simply throughout the Autumn as well as Spring Season Term. There are actually no temporary loans readily available during Winter Intersession or even Summertime Condition. Short-term loans are refined once a full week. For dispensation information see the Pupil Financial Companies website. Checks certainly not picked up within 10 days will certainly be called off.
Please note: Processing of financing demands is accomplished according to time of request and also as funds enable. Private requests that are unfinished or even include incorrect relevant information will certainly not be processed. Short-term monies are accessible as previous loans are actually repaid as well as the funds are actually replaced.