Loan checks are collateral for this type of loan, and the student borrower authorizes Student Loan Services to endorse financial aid checks to pay for the loan. Short Term Application Process Applications are available in Student Loan Services, A227 Murphy Hall. Credit History and Eligibility for Short Term Loans Student Loan Services maintains a cumulative record of the credit status of each student borrower. Students who repay these loans on time and according to the loan conditions are eligible for subsequent loans. Repayment All emergency loans are due on the 20th of the following month.
Payment is due in full and no extensions are available.