The short-term loan funds were the original source of financial aid before the federally funded programs were established. Short-Term Loans should not be used to pay for personal bills such as utilities, car insurance, baby sitters, gasoline, etc. These loans may, however, be approved to pay the student s future term VSU Banner account charges before the future term begins, but should not be given as a cash advance on a student s future term financial aid prior to the first day of class of that term unless specifically approved by the Vice President for Business and Finance. VSU has established several criteria for eligibility. Students are eligible for only one loan per semester unless a second loan is approved by the Vice President for Business and Finance.
Institutional loans are a privilege for students.
Valdosta State University reserves the right to approve or deny a loan based on the individual situation.