From time to time, you may find yourself with a short-term cash flow concern, in between paychecks or other expected funds. There are some short-term loan options to enable you to meet your needs.
This short-term loan is available through the Office of the Dean of Students for part-time and full-time undergraduate and graduate students. Students can borrow a maximum of $1,000 interest free. Contact the Office of the Dean of Students at (434) 924-7133 to learn more.
The Emergency Loan is a short-term, interest-free loan available to undergraduate students for up to $500 and graduate students for up to $750 per semester. The loan is due on the last day of the month after it is taken out (e.g. a loan taken out any day in February will be due March 31). As long as it is paid on time, there is no fee or interest. If it is paid late, there is a one-time late fee of $10.
Learn more about the Emergency Loan on the Student Financial Services website.