Short-term loans can be used to advance funds due the student from SIUE student employment caused by errors or delays in the payroll process.
Loans are normally due on the next scheduled payday.
Students who have experienced a delay in receiving their paycheck may apply for a short term loan on the payday they were anticipating a paycheck. Applications can be received at the student employment area of the Office of Student Financial Aid. Completed short-term loan applications are submitted to the student employment area for review of eligibility and approved if all criteria are met. You must present your Student ID card and a valid promissory note prepared by Student Financial Aid to the Office of the Bursar to receive payment.